At 5.1% CAGR, Global Silicone Adhesives and Sealants Market Size & Share to Surpass USD 5.89 Billion by 2028 | Industry Trends, Growth, Value, Opportunities, Statistics, Analysis & Forecast Report by Zion Market Research – QNT Press Release

NEW YORK, June 11, 2022 /PRNewswire/ — As per the Zion Market Research study, The global silicone adhesives and sealants market attained a revenue growth of USD 4.52 billion in 2021 and is projected to expand with a compound annual growth rate (CAGR) of approximately 5.1 percent over the forecast period to reach around USD 5.89 billion by 2028. The research examines in-depth parent market trends, macroeconomic factors & indicators, and controlling variables, as well as market attractiveness by segment. The qualitative influence of key market variables on market segments and regions is also mapped in the report.

Key Industry Insights & Findings of the Tissue Sealants and Tissue Adhesive Market Reports:

  • As per the analysis shared by our research analyst, the Tissue Sealants and Tissue Adhesive Market is expected to grow annually at a CAGR of around 5.1% (2022-2028).
  • Through the primary research, it was established that the Cognitive and Memory Enhancer Drugs Market was valued at approximately USD 4.52 Billion in 2021 and is projected to reach roughly USD 5.89 Billion by 2028.
  • The Asia Pacific region holds over 45 percent share and is expected to keep its dominance during the forecast period. Due to expanding domestic demand, escalating income levels, and easy access to resources, Asia Pacific has emerged as one of the top manufacturers and consumers of adhesives and sealants.
  • Asia Pacific region’s economic growth, especially in emerging markets like India, Malaysia, Taiwan, Thailand, Indonesiaand Vietnamis contributing to a rise in the number of infrastructure investments, which is anticipated to boost the demand for silicone adhesives and sealants in the building and construction industry.
  • North America has also emerged as a major revenue contributor in the global market with a market share of 35 percent.

Zion Market Research published the latest report titledSilicone Adhesives And Sealants Market By Type (One-Component And Two-Component), By End-User Industry (Transportation, Building & Construction, Electrical & Electronics, Healthcare, Packaging, And Other End-User Industries), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028into their research database.

Tissue Sealants and Tissue Adhesive Market: Overview

Silicone adhesives and sealants are adhesives with silicon and oxygen atoms that are used to seal or attach substrates in an assembly. Its chemical makeup differs from that of other organic polymer-based adhesives. Other chemicals, moisture, and weathering are all resistant to silicone sealants . Silicone sealants are frequently used to join surfaces including plastic, metal, and glass. Silicone adhesives, which are based on electrometric technology, provide unrivaled flexibility and exceptional heat resistance, making them superlative for several applications in the electronic, electrical, aerospace, automotive , and construction sectors.

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Industry Dynamics:

Tissue Sealants and Tissue Adhesive Market: Growth Drivers

  • Increased demand from the building and construction sector may boost market growth.

The residential building sector is being driven by population growth and urbanization in emerging nations such as India, China, Indonesia, Brazil, Vietnamand Mexico. In these nations, there is a mounting want for lasting housing, which is fueling the requirement for silicone adhesives and sealants. Silicone sealants and adhesives are used in a variety of building applications, including carpet, wallpapers, tiling, and external insulation systems. Insulated glass modules and curtain wall panels are also held in place with adhesives and sealants.

Tissue Sealants and Tissue Adhesive Market: Restraints

  • Stringent regulations on the use of adhesives and sealants may hamper the market growth.

The manufacture of chemical and crude oil-based goods is heavily regulated in North America and Europe by environmental legislation. The manufacture of solvent-based goods in these regions is regulated by organizations such as the Epoxy Resin Committee and the European Commission. Due to such regulations manufacturers in Europe and North America are suffering. Further, these environmental laws are forcing manufacturers to work on developing environmentally friendly adhesives which may also affect the market growth.

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