Adhesives & Sealants Market 2022–2029 | 3M, Dow Corning Corporation, H.B. Fuller, Henkel AG & Co. KGaA, and Permabond
Adhesives & Sealants Market for Handheld Devices -Overview
The surging production of manufacturing and assembling activities is
estimated to bolster the adhesives
& sealants market for handheld devices market. Reports created by
MRFR detail the developments in the industry that can be expected in the market
through the forecast period. The market is estimated to attain a valuation of USD
7,946.8 million by the end of 2023, increasing at a 7.21% CAGR in the coming
period.
The development of the manufacturing sector globally is estimated to
influence the adhesives & sealants market for handheld devices market in
the upcoming period. The expansion of the electronic devices use is estimated
to promote the adhesives & sealants
market for handheld devices market in the near future.
Segmental Analysis
The segmental assessment of the adhesives
& sealants market for handheld devices market is carried out on the basis
of sealant types, application, adhesive types, and region. The adhesive type
segment of the adhesives & sealants market for handheld devices is
segmented into pressure-sensitive adhesives, hot melt adhesives, waterborne
adhesives, and solvent-borne adhesives. The sealant types segment of the adhesives
& sealants market for handheld devices is segmented into polyurethane
sealants, epoxy sealants, silicone sealants, acrylic latex sealants, and butyl
sealants. The application segment of the adhesives & sealants market for
handheld devices is segmented into laptops, hard disc drives, mobiles &
tablets, and medical devices. The adhesives & sealants market for handheld
devices includes Asia Pacific, Europe, North America, and other notable
regions.
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Competitive
Analysis
The aid from government institutions is estimated to
stimulate the global market's development in the coming years. The market may
show restrained development due to the second wave of COVID cases resurgence in
several regions. The continuance of lockdowns intermittently in several regions
may cause obstacles to the market's development as resources such as labour and
supply chains to become seriously impacted. The global market is estimated to
see diversification in operating practices as newer models for operation and
delivery come into place. The emphasis on creating reserves of resources to
deal with unexpected situations is estimated to shape future market
developments. The innovations and research being undertaken in the market are
estimated to create promising growth options in the coming period. The reliance
on online commerce for sales is estimated to show a significant spike in the
forecast period, leading to more investment in its development by market
stakeholders.
The important companies in the adhesives & sealants market
for handheld devices are Novachem Corporation, 3M, Dow Corning Corporation,
H.B. Fuller, Henkel AG & Co. KGaA, and Permabond, among others.
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Detailed Regional
Analysis
The regional review of the adhesives
& sealants market for handheld devices includes Asia Pacific, Europe, North
America, and other notable regions. The Asia Pacific region is the largest
adhesives and sealants for handheld devices market and states for more than 50%
of the share in the global market, with a robust print of adhesive and sealant
manufacturers along with the emerging electronics market in the region are a
few of the factors nurturing the development of adhesive and sealants market
for handheld devices in the region. Moreover, the factors such as rapid
urbanization and cumulative spending on white goods in the emerging markets are
anticipated to lift the demand for adhesive and sealants for handheld devices.
In the Asia Pacific, the Southeast Asian countries offer market development due
to its rise as the electronic device assembly center and the huge manufacturing
base for various electronic devices such as laptops, mobile phones, and storage
devices. The European region's market reports for the second principal market
share for adhesives & sealants for handheld devices, chiefly owing to
leading producers in the region with larger product contribution in the region,
which is shadowed by the North America regional market.
Industry Updates:
Mar 2021 Elcam Drug
Delivery Devices (E3D) is creating on-body delivery devices for subcutaneous
bolus inoculations of medications beyond a clinical environment. E3D's On-body
Bolus Injector (OBI) platform is intended to distribute subcutaneous doses of medications
within a pre-determined injection period, lucratively and with a minimal
necessity for patient, intervention can be stuck to the body with an adhesive
pad built-in.
Mar 2021 Masimo declared
the CE grading of the Rad-G with Temperature, a rugged handheld device that
provides clinically confirmed SET pulse oximetry, respiration degree from the
pleth (RRp®), and other significant parameters together with clinical-grade,
non-contact infrared thermometry. Rad-G with Temperature is also well-matched
with the massive collection of Masimo single-patient-use adhesive sensors combining
Masimo RD SET® sensors, which offer best-in-class accuracy conditions.
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