High Temperature Sealants Market Analysis

Application (Transportation, Construction, Industrial, Automotive, Electronics & Electricals, Chemicals & Pharmaceuticals)

The electronics & electrical segment is expected to dominate the high temperature sealants market in the upcoming years i.e. 2023 – 2036 with a CAGR of 69 percent. The high-temperature sealants have a wide range of uses in the electrical and electronics industry, including printed circuit panels, semiconductor connections, pyrolytically deposited films, microelectronic surfaces, electrical connections, high-power resistors, ceramic-filled cartridge furnaces, and others. Thus, the increasing demand and supply of electrical and electronics are estimated to boost the segment’s growth. The National Policy on Electronics 2019 has been adopted by the Indian Cabinet, which sets a target of USD 400 billion in domestic electronics manufacturing revenue by 2025 for the country's Electronics System Design and Manufacturing (ESDM) sector.

Chemistry (Epoxy, Silicone)

The silicone segment in the high temperature sealants market is expected to witness the largest CAGR of 71 percent by the end of 2036. The silicone-based sealants have high efficiency for high-temperature silicone adhesives and sealants. High-temperature silicone sealants are resistant to shock, vibration, and temperatures as high as 600 degrees Fahrenheit. Furthermore, its easy application in plastics, glass, and ceramics has led to its superiority over epoxy. They are specially designed to enclose and seal industrial seals, and heating elements.

Our in-depth analysis of the global market includes the following segments: