Top Banner
Rubber Repair Adhesives Market worth $354 million by 2025- Exclusive Report by MarketsandMarkets™ The report "Rubber Repair Adhesives Market by Process (Hot Bond, Cold Bond), Application (Conveyor Belts, Tanks & Vessels, Pipes & Fittings, and Others), End-use Industry (Mining & Quarrying, Cement & Aggregate, Steel and Others), Region - Global Forecast to 2025", is expected to grow from USD 291 million in 2020 to USD 354 million by 2025, at a CAGR of 4.0% during the forecast period. The market is growing due to the increase in the demand for high performing rubber repair adhesives in the mining & quarrying, cement & aggregate and steel industries. Strict environmental regulations in Europe and North America are encouraging the development of novel rubber repair adhesives used in the cold bond process. Request a Report Sample to Gain Valuable Insights@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=259807365 Rubber repair adhesives used in the hot bond process comprises the major share of the market in terms of value. The hot bond segment dominated the market in terms of value, in 2019. Adhesives used in the hot bond process offers a strong, long-lasting repair with a minimal risk of tearing, snagging, and other wear to the belt. They are largely polyurethane-based and have high demand for rubber conveyor belt repairing in the mining & quarrying industry.
3

Rubber Repair Adhesives Market to Exceed $354 Million by 2025

Jun 19, 2023

Download

Others

Jack Martin

The rubber repair adhesives market is witnessing substantial growth, fueled by the demand from industries like automotive, aerospace, and manufacturing. Factors such as increasing emphasis on maintenance and repair, rising awareness about the benefits of rubber repair adhesives, and advancements in adhesive technologies are driving market growth. Key players are actively engaged in research and development, product launches, and collaborations to strengthen their market presence and cater to evolving customer needs.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.