High Temperature Adhesive and Sealants Market - Forecast(2022 - 2027)

Report Code: CMR 34172 Report Format: PDF + Excel
High temperature adhesives and sealants market size is forecast to reach $10.2 billion by 2025, after growing at a CAGR of 5% during 2020-2025. The ability to adhere and withstand high temperature, increase its use in various end use industries and drives the growth of high temperature adhesives and sealants market globally. Increase in use of high temperature adhesives and sealants in electronic industries for sealing and encapsulating heating elements is fueling the growth of high temperature adhesives and sealant market. Surging demand of high temperature adhesive and sealants from aviation industries in order to maintain the bondage even at extreme temperature range also aids the growth of market.

Report Coverage
The report: “High Temperature Adhesives and Sealants Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the High Temperature Adhesives and Sealants Market.

By Type of Resin: Epoxy, Silicone, Acrylic, Polyurethane and Others
By End Use: Electrical & Electronics, Automobile, Construction, Aviation and Others
By Geography: North America, South America, Europe, APAC and RoW

Key Takeaways
  • China has shown significant growth in the high temperature adhesives and sealants market owing to increasing demand from applications such as automotive and electrical industries. 
  • Properties such as light weight, strong adhesion, durability and temperature resistance are the major factors contributing the growth of high temperature adhesives and sealants market.
  • High temperature silicone adhesives and sealants have less or no impact on environment, giving them advantage over other adhesives and fueling its market growth. 

Type of Resin- Segment Analysis
On the basis of resin, silicon segment holds the largest share of more than 30% in high temperature adhesives and sealants market in 2019. High temperature silicone sealants can bear extreme temperature and are resistant to aging, abrasion and solvents. High temperature silicone sealants are widely used in the sealing of high-rise building and bridge joints. After silicon, high temperature epoxy adhesive and sealants has shown significant growth.  Epoxy sealants are extensively used in automotive, aerospace and marine industries as they provide good structural integrity.

End Use - Segment Analysis
Electrical and electronics segment holds the largest share of more than 30% in high temperature adhesives and sealants market. High temperature sealants are used in electrical industry for joining electrical components due to their ability to conduct electricity, maintain bondage at elevated temperature and absorb shocks and vibrations. Apart from electrical, automotive segment has also shown significant growth. In automotive sector weight of vehicle plays an important role in increasing the efficiency of engine, thus high temperature adhesives and sealants are used to join parts instead of welding or soldering owing to decrease the weight of vehicle.

COVID-19 has impacted the growth of high temperature adhesives and sealants market. The outbreak of coronavirus has disrupted the global supply chain and transportation. Industries are being shuttered all around the world. The decrease in purchasing capital badly impacted the automotive and aviation sector, which in turn lowered the demand for high temperature adhesives and sealants. According to the Society of India Automobile Manufacturers (SIAM), passenger vehicle sales declined by 51% to 143,014 units in March 2020 whereas the sales of commercial vehicles crashed by 88%, further declining the demand of high temperature and sealants market from automotive industry. 

Geography- Segment Analysis
APAC dominated the high temperature adhesives and sealants market with a share of more than 35% in 2019, followed by North America and Europe. Increasing population and rise in disposal income have increased the demand of automobiles and electronic gadgets subsequently propelling the growth of high temperature adhesives and sealants. According to OICA, APAC automotive sales witnessed a growth of over 6.52% during 2012-2018, with South East Asian countries having huge potential to grow. High temperature sealants are not only limited to bond plastics but also used in several areas of engines, radiators, batteries and transmission parts. Moreover, rapid industrialization and urbanization is also accelerating the growth of high temperature adhesives and sealants market.

Drivers – High temperature Adhesives and sealants Market

  • Growing demand in various end use industries
Rising demands in automotive and electrical appliances has augmented the growth of high temperature adhesives and sealants market. High temperature adhesives and sealants are used for dressing or making gaskets in production industries making the joints strong and leak-proof. Their ability to adhere on almost all metal and non-metal surfaces like glass, aluminium, plastics, iron etc. is likely to aid their market growth.

Challenges – High Temperature Adhesives and Sealants Market

  • Volatile prices of raw material
Although high temperature silicone sealants are extremely used and find wide range of applications in end use industries, silicone-based adhesives and sealants are more expensive as compared to acrylic and epoxy based sealants. For instance, In February, 2018, Momentive has increased the prices on certain silicone sealants products due to the escalating raw material, energy and other costs. Volatility in prices of silicone acts as a restraint for the growth of high temperature adhesives and sealants market. 

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the high temperature adhesives and sealants market. In 2018, the market of high temperature adhesives and sealants has been consolidated by the top five players accounting for xx% of the share. Major players in the high temperature adhesives and sealants market are Dow Corning Corporation, Wacker Chemie AG, Henkel AG & Co. , Sika AG, 3M Company, Bostik SA, H.B. Fuller, PPG Industries Inc. , CSW Industrials Inc. and Nitto Denko Corporation, among others. 

Acquisitions/Technology Launches
  • In February 2020, Permabond Europe has launched a New Thermally Conductive, High Temperature Resistant Epoxy- Permabond ET5441. It offers high performance even at 180 degree Celsius and 5-6 MPa pressure.
  • In September 2019, 3M has launched a new scotch high tack box sealing tape 375+ for box sealing, splicing, recouperage and other packaging applications.
  • In June 2019, Henkel, has launched Loctite NS 5540 and NS 5550. They are thermally activated sealing compounds, designed for use in extreme temperature and pressure environments.
  • In October2018, Bostik, has launched Kizen HEAT, which latest in the Kizen product line for case and carton sealing applications. It offers fast set speed, a broad processing window, good thermal stability and adhesion to difficult substrates.

1. High Temperature Adhesives and Sealants Market- Market Overview
    1.1 Definitions and Scope
2. High Temperature Adhesives and Sealants Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type of Resin
    2.3 Key Trends by End Use
    2.4 Key Trends by Geography
3. High Temperature Adhesives and Sealants Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. High Temperature Adhesives and Sealants Market - Startup companies Scenario Premium (Premium)
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. High Temperature Adhesives and Sealants Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. High Temperature Adhesives and Sealants Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. High Temperature Adhesives and Sealants Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. High Temperature Adhesives and Sealants Market – By Type of Resin (Market Size -$Million, KT)
    8.1 Epoxy
    8.2 Silicone
    8.3 Acrylic
    8.4 Polyurethane
    8.5 Others
9. High Temperature Adhesives and Sealants Market – End Use (Market Size -$Million, KT)
    9.1 Automotive 
    9.2 Electrical & Electronics
    9.3 Aviation
    9.4 Construction
    9.5 Others
10. High Temperature Adhesives and Sealants Market - By Geography (Market Size -$Million / KT)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Russia
        10.3.6 Spain
        10.3.7 Netherland
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 South Korea
        10.4.5 Australia & New Zealand
        10.4.6 Rest of Asia Pacific
    10.5 RoW
        10.5.1 Middle East
            10.5.1.1Saudi Arabia
            10.5.1.2UAE
            10.5.1.3Israel
            10.5.1.4Rest of Middle East
        10.5.2 Africa
            10.5.2.1South Africa
            10.5.2.2Nigeria
        10.5.2.3Rest of Africa
11. High Temperature Adhesives and Sealants Market - Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. High Temperature Adhesives and Sealants Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. High Temperature Adhesives and Sealants Market - List of Key Companies by Country (Premium) 
14. High Temperature Adhesives and Sealants Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US High Temperature Adhesive and Sealants Market Size 2018
2 Canada High Temperature Adhesive and Sealants Market Share 2018
3 Brazil High Temperature Adhesive and Sealants Market Outlook 2019 - 2023
4 Mexico High Temperature Adhesive and Sealants Market Research 2018
5 Germany High Temperature Adhesive and Sealants Market Trends 2019 - 2023 
6 France High Temperature Adhesive and Sealants Market Growth 2019 - 2023 
7 UK High Temperature Adhesive and Sealants Market Demand 2019 - 2023 
8 Italy High Temperature Adhesive and Sealants Market Segmentation 2018
9 Russia High Temperature Adhesive and Sealants Market Analysis 2019 - 2023
10 China High Temperature Adhesive and Sealants Market Revenue 2019 - 2023
11 Japan High Temperature Adhesive and Sealants Market Volume 2019 - 2023
12 South Korea High Temperature Adhesive and Sealants Market Potential 2019 - 2023
13 India High Temperature Adhesive and Sealants Market Leaders 2018
14 Saudi Arabia High Temperature Adhesive and Sealants Market Forecast 2019 - 2023 
15 Kuwait High Temperature Adhesive and Sealants Market Value 2018

List of Figures

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