The Global Hybrid Adhesives and Sealants Market to Record Strong Growth Powered by Expansion of Construction and Building Sector


Posted December 6, 2018 by poojasathawane

The report takes stock of the global hybrid adhesives and sealants market across North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa

 
Transparency Market Research in its new report anticipates strong growth of the global hybrid adhesives and sealants credited to the expansion of the construction and building sector in developing nations. With the increasing demand for hybrid adhesives and sealants for myriad applications from China, India, Taiwan, South Korea and Vietnam, Asia Pacific region is likely to lead the global market during the forecast period, i.e. 2017 to 2025.
Numerous applications of hybrid adhesives and sealants for construction undertakings have led the building and construction segment to account for majority of the market share in the past and the same pattern is expected to follow. Amongst other countries in Asia Pacific, Japan is expected to emerge as a leading domestic market for hybrid adhesives and sealants due to early adoption of MS polymer based hybrid products.

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Apart from Asia Pacific, North America will display significant demand for hybrid adhesives and sealants owing to continuous construction of new buildings and infrastructural development. Europe is also a key market for hybrid adhesives and sealants driven by countries such as Spain, Germany, and the U.K.
Latin America, according to the report, will probably emerge as a lucrative market for hybrid adhesives and sealants which is a result of automotive sector’ expanding growth in Brazil and Mexico. Due to increasing investments for commercial construction undertakings in the GCC sub-region, the Middle East and Africa hybrid adhesives and sealants market expected to record strong growth as well.
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Categories Automotive , Construction , Health
Tags adhesive sealant , hybrid adhesives sealants market , polyurethane adhesive , polyurethane sealant , silicone glue , silicone sealant
Last Updated December 6, 2018