– Medical grade silicone adhesives sales will continue surging over the assessment period. Demand in the automotive sector is forecast to rise over the coming years. – Pressure sensitive adhesives will gain traction in the electrical and electronics industry . – East Asia will exhibit high demand. Demand in the automotive sector will rise as sales recover in China.
Demand for silicone adhesives is expected to rise in the aerospace, construction, and automotive sectors. Their rising use in manufacturing processes will continue aiding expansion of the market through the forecast period. While sales have been disrupted due to slowdown in the aerospace and automotive sectors amid COVID-19, the market is likely to recover from 2021 onwards,” said a lead analyst at Fact MR.