Market Overview:
The global SPUR polymer hybrid adhesives and sealants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-performance adhesives and sealants from various end-use industries, such as building & construction, automotive & transportation, general industry, and others. In terms of type, the global SPUR polymer hybrid adhesives and sealants market is segmented into one component and two component. The two component segment is expected to grow at a higher CAGR than the one component segment during the forecast period. This can be attributed to its superior properties such as high bonding strength, chemical resistance, thermal stability, etc., which make it suitable for use in critical applications across various end-use industries. In terms of application, the global SPUR polymer hybrid adhesives and sealants market is divided into building & construction; automotive & transportation; general industry; medical devices; packaging; electricals & electronics; aerospace ;and others (marine applications).
Product Definition:
A polymer hybrid adhesive and sealant is a two-part adhesive and sealant that cures quickly to form a tough, durable bond. It is important for many applications because it can be used in both wet and dry environments, it is resistant to corrosion and it can withstand high temperatures.
One Component:
One component (1C) adhesives & sealants are a single material that functions as both adhesive and sealant. They have the ability to replace two components systems such as solvent-based adhesives and water-based or oil-based coatings. 1C products can be used in applications where high performance, environmental stability, low VOCs are required.
The global one component market size was valued at USD 2.0 billion in 2016.
Two Component:
Two component and it’s usage in SPUR polymer hybrid adhesives & sealants market is driven by the increasing demand for high performance, durable bonding solutions. The growing construction industry coupled with the rising automotive sector is expected to drive two component and it’s usage in SPUR polymer hybrid adhesives & sealants market over the forecast period.
Application Insights:
Building & construction was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a wide range of applications in this sector, including drywall jointing, spacer panels, wallboard lamination, pipe cements and sealants for waterproofing.
The automotive & transportation application segment is also expected to witness significant growth during the forecast period on account of increasing demand for polymer hybrid adhesives from major automakers across the globe. These products are used as an alternative to rivets and fasteners that result in weight reduction and fuel consumption reduction among other benefits. They are also used as adhesive agents between vehicle body parts such as fenders or doors along with soundproofing material between car body parts or undercarriage components coupled with noise dampening properties when mixed with polyurethane foams which enhance overall performance significantly over conventional adhesives.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing infrastructure sector, coupled with increasing demand from end-use industries such as automotive, building & construction and others, is projected to drive product demand in this region.
China emerged as a major consumer of spur polymer sealants across the globe owing to rapid infrastructural development along with rising foreign investments in various sectors such as transportation and energy. In addition, favorable government initiatives are also expected to boost consumption levels over the next eight years.
North America was valued at USD X million in 2017 owing to high application scope of spur sealants across various industries including manufacturing facilities of automotive manufacturers; oil & gas pipelines; refineries; petrochemical plants among others which are anticipated expand further on account of growth opportunities offered by expanding infrastructure sector especially relatedto transportation network within U.S.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and aerospace due to the advantages of hybrid adhesives and sealants over traditional adhesives and sealants.
- Growing awareness about the benefits of hybrid adhesives and sealants among consumers, which is expected to boost demand in the near future.
- Rising R&D expenditure by adhesive and sealant manufacturers to develop innovative products that meet the specific needs of various end-use industries.
- Technological advancements in adhesive and sealant manufacturing processes that are resulting in improved product quality and performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
SPUR Polymer Hybrid Adhesives & Sealants Market Research Report
By Type
One Component, Two Component
By Application
Building & Construction, Automotive & Transportation, General Industry, Others
By Companies
Sika AG, 3M, Arkema (Bostik), DOW, Tremco illbruck
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global SPUR Polymer Hybrid Adhesives & Sealants Market Report Segments:
The global SPUR Polymer Hybrid Adhesives & Sealants market is segmented on the basis of:
Types
One Component, Two Component
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building & Construction, Automotive & Transportation, General Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika AG
- 3M
- Arkema (Bostik)
- DOW
- Tremco illbruck
Highlights of The SPUR Polymer Hybrid Adhesives & Sealants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One Component
- Two Component
- By Application:
- Building & Construction
- Automotive & Transportation
- General Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the SPUR Polymer Hybrid Adhesives & Sealants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SPUR Polymer Hybrid Adhesives & Sealants are a unique type of adhesive and sealant that combines the best features of both traditional adhesives and sealants. They are designed to provide superior performance in a variety of applications, including: -Building and construction -Automotive repair and maintenance -Aerospace engineering
Some of the key players operating in the spur polymer hybrid adhesives & sealants market are Sika AG, 3M, Arkema (Bostik), DOW, Tremco illbruck.
The spur polymer hybrid adhesives & sealants market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SPUR Polymer Hybrid Adhesives & Sealants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 SPUR Polymer Hybrid Adhesives & Sealants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SPUR Polymer Hybrid Adhesives & Sealants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the SPUR Polymer Hybrid Adhesives & Sealants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global SPUR Polymer Hybrid Adhesives & Sealants Market Size & Forecast, 2020-2028
4.5.1 SPUR Polymer Hybrid Adhesives & Sealants Market Size and Y-o-Y Growth
4.5.2 SPUR Polymer Hybrid Adhesives & Sealants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 One Component
5.2.2 Two Component
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building & Construction
6.2.2 Automotive & Transportation
6.2.3 General Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SPUR Polymer Hybrid Adhesives & Sealants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 SPUR Polymer Hybrid Adhesives & Sealants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 One Component
9.6.2 Two Component
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building & Construction
9.10.2 Automotive & Transportation
9.10.3 General Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 One Component
10.6.2 Two Component
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building & Construction
10.10.2 Automotive & Transportation
10.10.3 General Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 One Component
11.6.2 Two Component
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building & Construction
11.10.2 Automotive & Transportation
11.10.3 General Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 One Component
12.6.2 Two Component
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building & Construction
12.10.2 Automotive & Transportation
12.10.3 General Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 One Component
13.6.2 Two Component
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building & Construction
13.10.2 Automotive & Transportation
13.10.3 General Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 SPUR Polymer Hybrid Adhesives & Sealants Market: Competitive Dashboard
14.2 Global SPUR Polymer Hybrid Adhesives & Sealants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika AG
14.3.2 3M
14.3.3 Arkema (Bostik)
14.3.4 DOW
14.3.5 Tremco illbruck
