Global Silicone Adhesives Market 2018-2022

Below are some of the key findings from this silicone adhesives market analysis report

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Global silicone adhesives industry overview

The rising demand from the automotive industry is driving the global silicone adhesives market. Silicone adhesives are used for structural metal bonding, structural fiber-reinforced plastic bonding, exterior trim, interior trim, and glass bonding in automotive applications. Moreover, the silicone adhesives are also used during the production process of wire wheels to the engine control modules and help in reducing the vehicle weight, thereby improving fuel efficiency. Hence, the rising use of silicone adhesives in the automotive industry is increasing its demand and driving market expansion.

Also, the increase in demand for customizing automobiles is positively impacting the global silicone adhesives market. Silicones play a major role in facilitating the adhesion of films and wrappings in vehicles and their excellent bonding properties ensure that the films adhere tightly to the substrate, which allows the car owners to change the color of their vehicles quickly and customize based on the requirements. Hence, the rise in demand for customizing automobiles also increases the demand for silicone adhesives. The rising demand from the automotive industry coupled with the increase in demand for customizing automobiles is driving the silicone adhesives market growth at a CAGR of more than 6% during the forecast period.

Top silicone adhesives companies covered in this market research report

The global silicone adhesives market is highly fragmented. The market is in the growth phase and the competition is expected to become more intense by the end of the forecast period. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this silicone adhesives industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading silicone adhesives companies, including:

• China National Chemical Corporation
• DowDuPont
• Henkel
• Momentive
• Shin-Etsu Chemical
• Wacker Chemie

 Silicone adhesives market segmentation based on end-user

• Building and construction
• Transportation
• Medical
• Electrical and electronics
• Others

Building and construction segment was the largest end-user of the global silicone adhesives market in 2017. Although the market share of this segment will decrease, it will continue to dominate the market throughout the next five years.

Silicone adhesives market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest silicone adhesives market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global silicone adhesives market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the silicone adhesives market during the next five years
• Precise estimation of the global silicone adhesives market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the silicone adhesives industry across the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of silicone adhesives companies

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