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Dublin, Jan. 15, 2021 (GLOBE NEWSWIRE) -- The "High Temperature Sealant Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The high temperature sealant market is expected to record a CAGR of about 3% globally during the forecast period. Increasing demand from the electrical and electronics industry and growing demand owing to its wide range of applications are driving the market growth. On the flip side, stringent environmental regulations is expected to hinder the market growth.High temperature sealant market is expected to grow during the forecast period owing to the increasing demand from the electrical and electronics segment. Asia-Pacific region dominated the market across the world with the largest consumption from the countries, such as China, India, and Japan.Key Market TrendsIncreasing Demand from Electrical & Electronics IndustryHigh temperature sealant is a high-performance sealant designed especially for extremely high temperature applications. It provides a long-lasting, weather-resistant seal with supreme adhesion, flexibility, and durability. It adheres to most common building materials and remains flexible in a wide range of temperatures and substrates. In the electrical and electronics industry, these high temperature sealants are used in printed circuit boards, semiconductor bonding, pyrolytically deposited films, microelectronic substrates, electrical connectors, high power resistors, ceramic filled cartridge heaters, and others where it has wide range of applicationsThe Cabinet of India has approved National Policy on Electronics 2019 for the Electronics System Design and Manufacturing (ESDM) sector of India aiming for a turnover of USD 400 billion in domestic electronics manufacturing industry by 2025.According to WSTS, it is estimated that the annual global sales of semiconductors will increase by about 5.4% in 2020 increasing the scope for this market during the coming years.Hence, owing to the growing applications in the electrical and electronics industry especially in Asia-Pacific and North American countries, the demand for high temperature sealants is expected to increase over the forecast period. Asia-Pacific Region to Dominate the MarketThe Asia-Pacific region is expected to dominate the market for high temperature sealants during the forecast period. Due to the high demand application in countries like China, India, and Japan, the market for high temperature sealants has been increasing. The largest producers of high temperature sealants are located in Asia-Pacific region. Some of the leading companies in the production of high temperature sealants are 3M, Arkema Group, Henkel Adhesives Technologies India Private Limited, Pidilite Industries Limited, MAPEI S.p.A.Chinese pharmaceutical industry which is valued at about USD 145 billion currently, represents the biggest emerging market with growth tipped to reach about USD 200 billion by 2022, thus increasing the scope of the market.The "Made in China 2025" policy, published in May 2015, mentions specific targets to increase self-sufficiency in Integrated Circuits production to 40% in 2020 and 70% by 2025 increasing the scope for this market in the coming years.The aforementioned factors, coupled with government support, are contributing to the increasing demand for high temperature sealant market during the forecast period. Competitive LandscapeThe global high temperature sealant market is fragmented with players accounting for a marginal share of the market. Few companies include 3M, Dow, PPG Industries Inc., MAPEI SpA, Arkema Group.Reasons to Purchase this report: The market estimate (ME) sheet in Excel format3 months of analyst support Key Topics Covered: 1 INTRODUCTION1.1 Study Assumptions1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS4.1 Drivers4.1.1 Increasing Demand from the Electrical and Electronics Industry4.1.2 Growing Demand owing to its Wide Range of Applications4.2 Restraints4.2.1 Stringent Environmental Regulations4.2.2 Other Restraints4.3 Industry Value Chain Analysis4.4 Porter's Five Forces Analysis4.4.1 Threat of New Entrants4.4.2 Bargaining Power of Buyers4.4.3 Bargaining Power of Suppliers4.4.4 Threat of Substitute Products4.4.5 Degree of Competition 5 MARKET SEGMENTATION5.1 Chemistry5.1.1 Epoxy5.1.2 Silicone5.1.3 Others5.2 End-user Industry5.2.1 Electrical and Electronics5.2.2 Automotive and Transportation5.2.3 Chemical and Pharmaceutical5.2.4 Building and Construction5.2.5 Other End-user Industries5.3 Geography5.3.1 Asia-Pacific5.3.1.1 China5.3.1.2 India5.3.1.3 Japan5.3.1.4 South Korea5.3.1.5 Rest of Asia-Pacific5.3.2 North America5.3.2.1 United States5.3.2.2 Canada5.3.2.3 Mexico5.3.3 Europe5.3.3.1 Germany5.3.3.2 United Kingdom5.3.3.3 France5.3.3.4 Italy5.3.3.5 Rest of Europe5.3.4 South America5.3.4.1 Brazil5.3.4.2 Argentina5.3.4.3 Rest of South America5.3.5 Middle-East and Africa5.3.5.1 Saudi Arabia5.3.5.2 South Africa5.3.5.3 Rest of Middle-East and Africa 6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share/Ranking Analysis**6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 3M6.4.2 American Sealants Inc.6.4.3 Arkema Group6.4.4 Bond It6.4.5 Dow6.4.6 H.B. Fuller Company6.4.7 Henkel AG & Co. KGaA6.4.8 MAPEI S.p.A6.4.9 Pidilite Industries Limited6.4.10 PPG Industries Inc. 7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Development of Sealants with High Adhesion For more information about this report visit https://www.researchandmarkets.com/r/e38cll CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900