The Adhesive and Sealant for the Handheld Devices Market witnessed USD 4,882.6 million in 2016; the market is predicted to grow to the value of USD 7946.8 million by 2023, which is the estimated period. This Adhesive and Sealant for the Handheld Devices Market is estimated to have a CAGR of 7.21% rate.
The materials applied among the two surfaces to bind them together are called adhesives or sealants. To be more accurate, adhesives are used to make sure that the surfaces get linked permanently, whereas the work of sealants is to take care of the space between them after application of the adhesives. The Adhesive and Sealant for the Handheld Devices Market utilizes primary end-use industries such as hard disc drives, mobile phones, laptops, etc. It has been expected that the Adhesive and Sealant for the Handheld Devices Market will develop at a very advanced rate in the estimated period. The main role of the sealant is to ensure that there should be no entry of foreign particles among the two surfaces secured with the help of adhesives. Adhesives have extended their usage in building products such as PCBs, camera lenses, and others. The hot melt adhesive is the most widely used adhesive, which has better rephrase capacity and reliability features.
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The market is segregated into the regions such as North America, Asia Pacific, Europe and all other countries.
The region which leads the market in the Asia Pacific region gets considered to have nearly 50% of the market share. Some factors make this region have a great share in the Adhesive and Sealant for the Handheld Devices Market, such as rising urbanization in most regions.
The Europe region, which has the second position in the market, is entirely based on income share. It has rising Adhesive and Sealant for the Handheld Devices Market trends due to most of the main creators being spotted in this region and providing high-quality products. This region is right next to North America.
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