Hybrid Adhesives Sealants Market Scenario till 2032

• Posted by Sid Avasthi September 19, 2023 - Filed in Business - #Hybrid Adhesives Sealants Market  - 185 views

  Hybrid Adhesives Sealants Market Summary

  The global hybrid adhesives and sealants market size was reached USD 4.32 Billion in 2022 and is anticipated to reach USD 8.62 Billion by 2032, with a projected revenue compound annual growth rate (CAGR) of 8% during the forecast period. These versatile Hybrid Adhesives and Sealants find extensive utilization in the construction industry for bonding, sealing, and assembling various materials, including wood, metal, plastic, and glass.

  Hybrid adhesives and sealants are gaining increasing popularity within the construction sector due to their exceptional bonding strength, durability, and resistance to environmental factors such as moisture, ultraviolet (UV) radiation, and temperature fluctuations. Furthermore, the market is experiencing additional growth impetus from the rising demand for environmentally friendly adhesives and sealants, driven by the prevailing trend towards green buildings and sustainable construction practices.

  Another significant end-user sector for hybrid adhesives and sealants is the automotive industry, where they are utilized for connecting and sealing diverse components, including body panels, windscreens, and electronic systems. These products are gaining traction in the automotive sector due to their ability to enhance durability, safety, and fuel efficiency while reducing weight. Additionally, the increasing popularity of hybrid and electric vehicles is generating a heightened demand for specialized adhesives and sealants capable of withstanding high temperatures and voltages.

  Strategic Developments:

  Henkel AG & Co. KGaA: In 2021, Henkel launched Loctite HY 4060 GY, an innovative hybrid adhesive designed for bonding various materials, including rubber, plastics, and metals. This adhesive boasts exceptional strength and resilience, capable of withstanding challenging conditions, including high temperatures.

  Sika AG: In 2021, Sika unveiled Sikaflex-265 PowerFlex, a cutting-edge hybrid adhesive sealant tailored for use in transportation and industrial applications. This adhesive exhibits outstanding adhesion to diverse substrates, such as composites, metals, and plastics.

  H.B. Fuller Company: In 2020, H.B. Fuller introduced Swift®tak 5735, a novel hybrid adhesive specifically crafted for the automotive and transportation sectors. It offers rapid initial tack and quick bond strength development, facilitating accelerated manufacturing processes.

  Bostik SA: In 2020, Bostik launched Bosti-Flex Plus, a fresh hybrid adhesive sealant targeting the industrial and construction markets. This adhesive demonstrates excellent adhesion to a variety of surfaces, including metals, concrete, and wood.

  Huntsman Corporation: In 2020, Huntsman Corporation introduced Araldite 2050, a brand-new hybrid adhesive tailored for use in transportation and industrial applications. This adhesive is characterized by its exceptional strength, durability, and resistance to challenging conditions and extreme temperatures.

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  Hybrid Adhesives Sealants Market Report Scope

  PARAMETERS

  DETAILS

  The market size value in 2022

  USD 4.32 Billion

  CAGR (2022 - 2032)

  8%

  The Revenue forecast in 2032

  USD 8.62 Billion

  Base year for estimation

  2022

  Historical data

  2020-2021

  Forecast period

  2022-2032

  Quantitative units

  • Revenue in USD Billion
  • CAGR from 2022 to 2032

  Report coverage

  Revenue forecast, company ranking, competitive landscape, growth factors, and trends

  Segments covered

  By Type Outlook, Application Outlook, Regional Outlook

  By Type Outlook

   

  • Epoxy-Polyurethane
  • Epoxy-Silicone
  • MS Polymer
  • Others

  By Application Outlook

   

  • Building & Construction
  • Automotive & Transportation
  • Industrial Assembly
  • Others

  Regional scope

  North America; Europe; Asia Pacific; Latin America ; Middle East & Africa

   

  Browse press release:

  Hybrid Adhesives Sealants Market: Key Players

  Some of the major companies included in the global hybrid adhesives sealants market are:

  • 3M Company
  • Henkel AG & Co. KGaA
  • B. Fuller Company
  • Sika AG
  • Arkema S.A.
  • Bostik SA
  • Huntsman Corporation
  • Illinois Tool Works Inc.
  • The Dow Chemical Company
  • Wacker Chemie AG

   

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