Hybrid adhesives and sealants are produced by a combination of two different classes of polymeric resin, which offers properties such as high thermal resistance, peel strength, and excellent flexibility & elongation. Increase in production and sales of automotive, expansion in the construction sector, and rapid industrialization across the globe are expected to augment the hybrid adhesive & sealants market. Demand for air travel has been rising as various airlines have made airfare affordable. This is anticipated to boost the demand for newer aircraft and associated services. In turn, this is estimated to drive the hybrid adhesive & sealants market. Additionally, increase in construction activities of hotels, hospitals, universities, and colleges is projected to fuel the hybrid adhesive & sealants market. However, lack of awareness about the benefits of hybrid adhesives and sealants among potential key manufacturers is likely to hamper the hybrid adhesive & sealants market.

The hybrid adhesive & sealants market can be segmented based on resin, application, and region. In terms of resin, the market can be divided into epoxy-polyurethane, MS polymer hybrid, epoxy-cyanoacrylate, and others. The MS polymer segment do not require the usage of adhesion promoters before adhesive any applications. The epoxy-cyanoacrylate segment accounted for key market share across the globe as it provides excellent bond strength.

Based on application, the market can be divided into building & construction, automotive & aerospace, marine, general, and others. Hybrid adhesives and sealants are used in numerous applications due to their excellent properties such as strong dynamic stress absorption, high tear & abrasion resistance, chemical & UV resistance, and good shock & vibration resistance. The building & construction segment held major share of the hybrid adhesives & sealants market in 2016. In the building & construction industry, hybrid adhesives and sealants are used in various applications such as tiling, flooring, waterproofing, carpet flooring underlayment, wall covering, roofing, insulation, civil operations, parquet, and facade. Hybrid adhesive and sealants are employed extensively in renovation, maintenance & repair of commercial & residential buildings, and bonding in the construction industry. They are also used in civil engineering applications.

Based on region, the hybrid adhesive & sealants market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Growing demand of automobile production and building & infrastructure sector in Asia Pacific countries such as China, India, South Korea, Taiwan, Singapore, and Vietnam will lead to increase demand of hybrid adhesives & sealant. This would likely to drive the hybrid adhesives & sealants market. Increase in development of infrastructure, implementation of new development strategies, and rise in purchasing power are the prominent factors driving the hybrid adhesive & sealants market in Asia Pacific.

The hybrid adhesive & sealants market in North America is expected to expand significantly due to the rise in investments in building & construction sector and recovery of the automotive sector. Countries such as Germany, the U.K., and Spain have emerged as key markets for hybrid adhesives and sealants in Europe, led by the technological advancements and growth in end-use industries. Rise in number of commercial and infrastructural projects in North America and Europe is projected to boost the market in these regions in the near future. The hybrid adhesive & sealants market in countries such as Brazil and Mexico in Latin America is likely to expand due to the growth of the automotive sector. The hybrid adhesive & sealants market in Middle East & Africa is also anticipated to witness strong growth in the near future owing to the increase in investments in commercial construction and institutional sectors in the GCC sub-region.

Request to view Sample Report:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37547

Key players operating in the global hybrid adhesive & sealants market include Bostik, Soudal Inc., Sika AG, Henkel AG & Co. KGaA, Wacker Chemie AG, 3M Company, H.B. Fuller Company, TREMCO ILLBRUCK, and Kisling AG.

LEAVE A REPLY