Levulinic Acid Market by Application, Technology, & Region by 2021


Posted May 2, 2019 by Chemical-Research-Expert

The levulinic acid market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021

 
The levulinic acid market is projected to reach USD 32.5 Million by 2021, at a CAGR of 14.0% between 2016 and 2021. This growth can be attributed to the increasing consumption of levulinic acid in pharmaceuticals and cosmetics.

Browse 88 market data tables and 52 figures spread through 186 pages and in-depth TOC on “High Temperature Adhesives Market by Polymer Type (Epoxy, Silicone, Polyurethane, Acrylic), Technology (Solvent based, Reactive, Film, and Hot Melt), Applications, and Region - Global Trends and Forecasts to 2019”.

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High temperature adhesives can be classified on the basis of chemical composition, such as polyurethane, epoxy, silicone, polyamide, and others. Adhesives have the ability to bond many substrates including plastics, metals, rubbers, and glass, and also offer several major benefits over alternative joining methods like thermal joining and mechanical fastening.

They can also be classified on the basis of end application market, such as electronics & electrical, automotive, aerospace, construction, marine, and other industrial applications. The electrical & electronics industry dominated the high temperature adhesive market in 2013 which has applications in insulation, electronic circuits, motors and wiring.

High temperature adhesives have large application in motor and generator assembling. Aerospace and automotive industry also had significant consumption of high temperature adhesives in 2013 which require adhesives with good heat-resistant properties and high shear & tensile strength.

High temperature adhesive can further be segmented on the basis of technology, such as solvent-based adhesives, reactive, films, and hot melt. The new applications of high temperature adhesives in the growing electronics sector are one of the major driving factors for the high temperature adhesive market.

Replacement of mechanical fastener with high temperature adhesives in automotive and aerospace industries is also helping the market to grow at a significant pace. Growing demand of adhesives from emerging regions of the world is also expected to contribute to the growth of the market.

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This report also includes the leading manufacturers’ profiles such as 3M Company (U.S.), Dow Corning (U.S.), Cyberbond LLC (U.S.), Three Bond Co. Ltd. (Japan), Master Bond Inc. (U.S.), Henkel AG (Germany), Delo Industrial Adhesives LLC (U.S.), Permabond LLC. (U.S.),and Cotronics Corporation (U.S.).
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Last Updated May 2, 2019