The global high-temperature sealants market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period (2021-2027). The rising needs in the automotive industry are one of the prime factors affecting and driving the market. In order to protect the surface of the car along with providing shine, a fully synthetic product is made which is car paint sealant. Moreover, silicone is commonly used in the application of automotive which are having various physical properties. These properties include a broad range for operating in high temperatures, electrical insulation, and resistance to moisture. Further, Epoxy is generally used by the manufacturers of trucks as it supports durable bonds and strong bonds for materials that are dissimilar in nature.
Browse the full report description of "Global High-Temperature Sealants Market Research By Chemical Composition (Silicone, Epoxy, and Other), By Application (Industrial Applications, Automotive Applications, Construction Applications, and Electrical & Electronics Applications) Forecast 2021-2027" at https://www.omrglobal.com/industry-reports/high-temperature-sealants-market
The key players operating in the global high-temperature sealants market had been adopting strategies such as new agreements and collaboration to gain major market share. For instance, in August 2020, Henkel Adhesives Technologies India Pvt. Ltd. had entered into an agreement with Momentive performance materials that is one of the suppliers of silicone-based and other specialty chemical products. The purpose associated with this agreement was that the company will purchase a sealant division that makes sealants and caulks. The product made by division is generally used in construction and home improvement which are offered with the brand name of GE.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Chemical Composition
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global High-Temperature Sealants Market
By Chemical Composition
• Silicone
• Epoxy
• Other
By Application
• Industrial Applications
• Automotive Applications
• Construction Applications
• Electrical and Electronics Application
Global High-Temperature Sealants Market by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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