Market Size of High Temperature Adhesives and Sealants Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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High Temperature Adhesives & Sealants Market Analysis
The high temperature adhesives and sealants market is expected to register a CAGR of more than 6% during the forecast period. One of the major factors driving the growth of the market studied is the increasing demand from various end-user industries. On the flip side, stringent environmental regulations regarding VOC emissions serves as one of the stumbling blocks in the growth of the market studied.
- The eletrical and electronics segment dominated the market and is likely to grow during the forecast period.
- Asia-Pacific dominated the market across the world, with robust demand from the end-user industries, such as electronics, automotive, aerospace, and construction industry.