Type (Water-based, Solvent-based)
The solvent-based segment is estimated to hold 60% share of the global adhesives & sealants market in the year 2037. Solvent-based adhesives and sealants have garnered attention for their exceptional bonding capabilities across a wide spectrum of substrates. Their ability to form robust connections between materials such as metals, plastics, and ceramics positions them as a preferred choice for industries requiring durable and versatile bonding solutions.
End User (Automotive, Construction, Electronics)
The automotive segment in the adhesives & sealants market is expected to garner a significant share in the year 2037. The advent of electric vehicles necessitates specialized adhesives for battery assembly, ensuring optimal performance and safety. As the EV market proliferates, the demand for adhesives tailored to battery technology is set to rise. In the year 2020, global electric vehicle sales reached approximately 3 million units, accounting for about 4% of total global car sales.
Our in-depth analysis of the global adhesives & sealants market includes the following segments:
Type |
|
End User |
|
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?