The Silicone Adhesives market report from Stratview Research is an in-depth study of the market dynamics across the globe. The study will cover the market intelligence and information for a period of 12 years from 2015 to 2026. The base year for the study is 2020.
Silicone Adhesives Market Forecast:
Post pandemic, the market Is expected to rebound from 2021 onwards posting a modest CAGR till 2026. Silicone adhesives market is likely to witness an impressive CAGR of 8.2% during the forecast period. Wide adoption of silicone adhesives especially from the Asia-Pacific region drives the market globally. The use of silicone adhesives in various end-use industries further strengthens the growth of the market.
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The market forecast is arrived at after conducting scenario analysis. The global forecast will include market size for three different scenarios: Pessimistic, Most-likely, and Optimistic. The scenario analysis will help the stakeholders and market players to plan their market spending and budgeting for the short- to medium-term strategy period.
Note: The report will be updated for the forecast period of 2021 – 2026 and will incorporate the impact of COVID-19.
Key Players :
The 3M Company, Wacker Chemie AG, DOW Corning Corporation, Henkel AG & Company, KGaA, H.B. Fuller Company, Illinois Tool Works (ITW) Avery Dennison Corporation, Delo Industrial Adhesives LLC, and Threebond Holdings Co. Ltd.
Silicone Adhesives Market Segment Analysis:
The report has segmented the market in 4 ways. The report provides detailed insights about the segment and attractive opportunities in each segment. Market attractiveness analysis helps the market participants to prioritize the sales and marketing activities to reap benefits from the attractive segments and increase market share and revenues.
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In terms of regions, Asia-Pacific is expected to dominate the silicone adhesives market in the coming five years, in terms of both value and volume. China and India are the growth engines of the region. The market is driven by the growing use of silicone adhesives by various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
COVID-19 has impacted almost all the businesses, small or big, present in any sector. The dynamics of Silicone Adhesives market have seen a huge shift in the year 2020. The market environment and the way of operations have taken a huge turn and have led to many changes in the processes, which will have repercussions for a long period. 2021 is likely to be better than 2020 for the Silicone Adhesives market players as most of the businesses have resumed their operations and the demand is getting restored for them.
Silicone Adhesives Market Competitive Landscape:
The Silicone Adhesives report benchmarks the major competitors on critical parameters, some of which are mentioned below:
- Revenues from the Silicone Adhesives market
- Geographic presence
- Products launches and innovation
- Market Share
- Strategic alliances
- Product & Geographic alignment with the market
- Regional dominance of the competitors
The Silicone Adhesives market report is the outcome of rigorous analysis of the factors impacting the market size and forecast. Thousands of articles, whitepapers, reports, and millions of data are analysed to drive meaningful insights about the market. Exploratory and in-depth primary interviews are conducted with the industry veterans to gain important insights which are critical for market analysis and forecasting.
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