High-performance adhesives are used in various markets and applications such as label and tape, medical packaging, building and construction, transportation, and others. The global high-performance adhesives market is expected to register a significant growth during the forecast period, due to its superior properties and ability such as, it can bond to unique and difficult substrates, withstand harsh environment conditions, enhance overall product durability, and others. Also, this market is expected to provide various growth opportunities to the whole ecosystem and hence projected to register a healthy growth in the coming years.

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Fluctuation in raw material prices and stringent regulatory policies are among the major challenges restricting the high-performance adhesives market growth. High crude oil prices are expected to affect the prices of raw materials of adhesives and sealants. Also, the crude oil prices are highly volatile in nature, which could also create fluctuations and uncertainties in the market, restraining the market growth.

The value chain of this market includes various steps including sourcing of raw material, high-performance adhesive manufacturers, distributors, and end-users.

Also, the government of countries such as China, India, and Japan are investing significantly in vehicle production, developing transport infrastructure, infrastructure development, and other areas, which are aiding the demand of high-performance adhesives, leading to the market growth. For instance, Indian government planning to invest $376.5 billion in infrastructure development, from which $75.3 billion is allocated for railways roads, and port connectivity projects.

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3M Company, Sika AG, H.B. Fuller, Huntsman International Inc., Avery Dennison Corporation, Pidilite Industries Limited, Ashland Inc., Henkel AG & Co. KGaA, Lord Corporation, Mapei Corporation, Illinois Tool Works Inc., Bostik, Hernon Manufacturing, Inc., and Hexcel Corporation are some of the key players operating in high-performance adhesives industry.

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