According to Cognitive Market Research, the Global Hybrid Adhesive And Sealant market size is USD 14.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.90% from 2023 to 2030.
The global market is anticipated to be driven by an increasing desire for hybrid resins in end-use sectors like building & construction and automotive. Hybrid adhesives and sealants combine two resins, inheriting their advantages while mostly avoiding their disadvantages.
Demand for the epoxy-polyurethane segment remains higher in the Hybrid Adhesive and sealant Market by resin type.
The Rubber category held the highest substrate of Hybrid Adhesive and sealant Market share in 2023.
In 2023, North America is predicted to be one of the biggest markets for hybrid adhesives and sealants, with the United States in the lead. The market is expected to grow as a result of the developing construction industry in the area and rising consumer demand for durable and ecologically friendly building materials.
