Albany, New York, Dec. 17, 2018 (GLOBE NEWSWIRE) -- Transparency Market Research (TMR) witnesses the global high-performance adhesives market has a highly competitive vendor landscape. Thanks to numerous players, which are trying to improve the product and offer innovations in the existing products. Some of the prominent players operating in the global high performance adhesives market are Henkel AG, 3M, Bostik, HB Fuller, Avery Dennison, and Pidilite.
According to the report from TMR, the global retort pouches market registered revenue of US$ 9,362 mn in 2017 and is expected to expand with a CAGR of 5.7% over the estimated period.
Request A Sample of Global High Performance Adhesives Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46995
Based on the end-use industries, the aerospace segment dominated the global high performance adhesives market. Based on the product type, the epoxy segment is dominating the global high-performance adhesives market. Based on the region, the Asia Pacific region is expected to dominate the global high-performance adhesives market and likely to remain dominant over the forecast period.
Demand for Light Weight Material to Propel Growth of the Market
The global high performance adhesives market is gaining traction due to the high demand for the usage of lightweight adhesives across the numerous industries. High-performance adhesives possess certain chemical, physical, and mechanical properties such as high temperature and moisture resistance, high elasticity, and less curing duration, which makes them suitable to be used in medical, automotive, and aerospace applications. This is a key factor in boosting demand for the high performance adhesives and likely to bolster the growth of the high performance adhesives market.
Request For Multiple Chapters: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=46995
Additionally, the booming automotive sector globally and especially in the developing countries owing to its lightweight and in order to lower emission of carbon dioxide is boosting the growth of the global high performance adhesives market. To achieve this and lowering emission, numerous governments have imposed some stringent regulations which are propelling adoption of high-performance adhesives and likely to boost the growth of the global high-performance adhesives market.
Furthermore, high-performance adhesives help in reducing carbon dioxide emission and which provide structural strength and links together in a vehicle, which improves the performance of adhesives. These factors are fuelling the growth of the global high-performance adhesives market.
Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=46995
Widening Applications to Propel Growth of Market
Widening applications of high-performance adhesives are boosting the growth of the global high-performance adhesives market. Additionally, the epoxy segment is expected to dominate the high-performance adhesives market owing to its high properties such as compatibility and usage across end-user industries is propelling the growth of the global high performance adhesives market.
However, epoxy adhesives are generally solvent-based which are responsible for the emission of the volatile organic compound (VOCs) that lead to an increase in indoor pollution. Due to growing awareness about the environment is leading to hampering adoption of high-performance adhesives and likely to restrain the growth of the market. Nonetheless, the companies are trying to improve the product is offering lucrative opportunities for growth over the forecast period.
Browse Press Release: https://www.transparencymarketresearch.com/pressrelease/high-performance-adhesives-market.htm
This information is encompassed in the new report by TMR, titled “High Performance Adhesives Market (Type - Epoxy, Silicone, Polyurethane, Acrylic; Formulation Technology - Solvent based, Water-based, Hot Melt, UV-curable; End use - Automotive, Electronics, Packaging, Medical, Construction, Aerospace, Others (Marine and Leather & Footwear)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”
For the study, the high performance adhesives market has been segmented as follows:
By Type
- Epoxy
- Silicone
- Polyurethane
- Acrylic
By Formulation Technology
- Solvent based
- Water-based
- Hot Melt
- UV-curable
By End use
- Automotive
- Electronics
- Packaging
- Medical
- Construction
- Aerospace
- Others
- Marine
- Leather & Footwear
Browse more Chemicals and Materials Market Research Reports:
- Strontium Market: https://www.transparencymarketresearch.com/strontium-market.html
- Smart Glass Market: https://www.transparencymarketresearch.com/smart-glass.html
- Aerospace Composites Market: https://www.transparencymarketresearch.com/aerospace-composites-market.html
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: https://cmfenews.com/