封面
市场调查报告书
商品编码
1494863

到 2030 年混合黏剂和密封剂市场预测:按类型、固化类型、基材、应用、最终用户和地区进行的全球分析

Hybrid Adhesive & Sealant Market Forecasts to 2030 - Global Analysis By Type, Cure Type, Substrate, Application, End User and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3个工作天内

价格

根据 Stratistics MRC 的数据,2024 年全球混合黏剂和密封剂市场规模为 92.2 亿美元,预计到 2030 年将达到 168.8 亿美元,预测期内复合年增长率为 10.6%。

混合黏剂和密封剂结合了黏剂和密封剂的特性,提供多种黏合和密封功能。它通常由混合聚合物配方组成,混合了聚氨酯、硅胶和其他化合物的强度。作为黏剂,它可以在金属、塑胶和陶瓷等各种基材上形成牢固的黏合。它还充当密封剂,防止水分、灰尘和其他污染物进入接缝和缝隙。它灵活、耐用且耐候,适用于广泛的应用。

根据土木工程师学会(ICE)发布的研究报告,到2030年,全球建筑业预计将达到8兆美元,主要由中国、印度和美国推动。

环保配方的变化趋势

消费者越来越重视环境永续产品,从而产生了对环境影响较小的黏剂和密封剂的需求。混合配方在传统和环保选项之间提供了折衷方案,在提高性能的同时满足永续性目标。这一趋势正在推动市场创新,导致解决性能和环境问题的混合产品的开拓,从而推动市场成长。

相容性问题

当混合黏剂/密封剂与特定基材或环境条件发生不利交互作用时,就会出现相容性问题。这些问题可能导致黏合材料的黏合力差、性能下降或失效。此外,由于需要额外的底漆或表面处理来减轻有害反应,相容性问题可能会导致成本增加。这些挫折阻碍了消费者投资混合黏剂和密封剂产品,影响了市场成长。

加强新兴经济体的基础建设

这些地区快速的都市化和工业化正在推动对具有耐用性、灵活性和永续性的建筑材料的需求。混合黏剂和密封剂符合这些标准,是适用于各种建筑应用的多功能解决方案。它能够黏合多种材料、承受恶劣的环境条件并降低维护成本,从而满足了马苏基础设施计划不断变化的需求,从而推动了新兴国家的采用和市场扩张。

混合配方的复杂性

混合黏剂和密封剂非常复杂,因为它们是结合了多种黏剂类型特性的混合配方。这种复杂性源于需要平衡各种性能,例如黏合强度、固化时间、耐化学性和环境相容性。此外,不同应用的不同要求导致市场分散,专业产品众多,可能会导致消费者困惑并阻碍普及。

COVID-19 的影响

由于供应链中断、建设活动减少和製造放缓,COVID-19 大流行最初扰乱了混合黏剂和密封剂市场。然而,在卫生意识增强、基础设施投资和维修计划的推动下,随着需求逐渐復苏,市场表现出韧性。此外,对健康和安全通讯协定的重视导致医疗设备和个人防护用品製造等应用中采用密封剂,这缓解了市场低迷的一些影响。

预计湿气固化领域在预测期内将是最大的领域

湿气固化领域预计将出现良好的成长。湿气固化是混合黏剂和密封剂配方中采用的常见固化机制。这些产品在暴露于大气水分时会硬化,在黏剂或密封剂内开始化学反应。这种固化过程产生耐用且有弹性的黏剂或密封件,使湿气固化混合黏剂和密封剂适用于建筑、汽车和船舶工业等广泛应用。在潮湿条件下固化的能力增加了其多功能性和实用性。

预计天花板产业在预测期内复合年增长率最高

由于在一种产品中提供黏合和密封性能的双重功能,预计密封领域在预测期内将出现最高的复合年增长率。有效填充间隙、接缝、接缝,在各种基材上形成水密、气密密封。该产品常用于建筑、汽车和製造业,为多种材料提供出色的黏合力,并能抵抗温度变化和暴露于潮湿等环境因素,使其成为持久的完美密封解决方案。

比最大的地区

由于快速的工业化、都市化和基础设施发展,预计亚太地区在预测期内将占据最大的市场占有率。在建设活动、汽车生产和电子製造增加的推动下,中国、印度、日本和韩国等国家对市场扩张做出了巨大贡献。此外,环保意识的增强正在推动对环保混合配方的需求。政府促进永续建筑实践的倡议进一步推动了市场成长。

复合年增长率最高的地区:

由于建设活动强劲,尤其是住宅和商业领域的建筑活动,预计北美在预测期内将呈现最高的复合年增长率。该地区成熟的汽车工业也为市场扩张做出了贡献,汽车製造商在车辆组装和维修应用中采用混合黏剂和密封剂。此外,促进节能建筑实践和环境永续性的严格法规正在推动对环保配方的需求。

免费客製化服务

订阅此报告的客户可以存取以下免费自订选项之一:

  • 公司简介
    • 其他市场参与者的综合分析(最多 3 家公司)
    • 主要企业SWOT分析(最多3家企业)
  • 区域分割
    • 根据客户兴趣对主要国家的市场估计、预测和复合年增长率(註:基于可行性检查)
  • 竞争基准化分析
    • 根据产品系列、地理分布和策略联盟对主要企业基准化分析

目录

第一章执行摘要

第二章 前言

  • 概述
  • 相关利益者
  • 调查范围
  • 调查方法
    • 资料探勘
    • 资料分析
    • 资料检验
    • 研究途径
  • 研究资讯来源
    • 主要研究资讯来源
    • 二次研究资讯来源
    • 先决条件

第三章市场趋势分析

  • 促进因素
  • 抑制因素
  • 机会
  • 威胁
  • 应用分析
  • 最终用户分析
  • 新兴市场
  • COVID-19 的影响

第4章波特五力分析

  • 供应商的议价能力
  • 买方议价能力
  • 替代品的威胁
  • 新进入者的威胁
  • 竞争公司之间的敌对关係

第五章全球混合黏剂和密封剂市场:按类型

  • 混合环氧聚氨酯
  • 混合MS 聚合物
  • 混合聚氨酯丙烯酸
  • 混合环氧-甲硅烷基改质聚合物
  • 其他类型

第六章全球混合黏剂和密封剂市场:依固化类型

  • 湿气固化
  • 热固化
  • 紫外线固化

第七章全球混合黏剂和密封剂市场:按基材

  • 金属
  • 塑胶
  • 玻璃
  • 混凝土的
  • 木头
  • 其他基材

第八章全球混合黏剂和密封剂市场:按应用分类

  • 附着力
  • 密封
  • 间隙填充
  • 黏合
  • 其他用途

第九章全球混合黏剂和密封剂市场:按最终用户分类

  • 建造
  • 电子产品
  • 航太
  • 海洋
  • 能源和电力
  • 其他最终用户

第十章全球混合黏剂和密封剂市场:按地区

  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙
    • 其他欧洲国家
  • 亚太地区
    • 日本
    • 中国
    • 印度
    • 澳洲
    • 纽西兰
    • 韩国
    • 其他亚太地区
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地区
  • 中东/非洲
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 卡达
    • 南非
    • 其他中东和非洲

第十一章 主要进展

  • 合约、伙伴关係、协作和合资企业
  • 收购和合併
  • 新产品发布
  • 业务扩展
  • 其他关键策略

第十二章 公司概况

  • Henkel AG & Co. KGaA
  • 3M Company
  • Sika AG
  • Bostik SA
  • Dow Chemical Company
  • HB Fuller Company
  • DAP Global Inc.
  • Permabond Engineering Adhesives Ltd.
  • Huntsman Corporation
  • Illinois Tool Works Inc.(ITW)
  • Avery Dennison Corporation
  • LORD Corporation
  • Mapei Corporation
  • PPG Industries, Inc.
  • Tremco Incorporated
  • Wacker Chemie AG
Product Code: SMRC26383

According to Stratistics MRC, the Global Hybrid Adhesive & Sealant Market is accounted for $9.22 billion in 2024 and is expected to reach $16.88 billion by 2030 growing at a CAGR of 10.6% during the forecast period. A hybrid adhesive and sealant combine the properties of both adhesives and sealants, offering versatile bonding and sealing capabilities. It typically comprises a hybrid polymer formulation, blending the strengths of polyurethane, silicone, and other compounds. As an adhesive, it forms strong bonds on various substrates, including metals, plastics, and ceramics. Simultaneously, it acts as a sealant, preventing moisture, dust, and other contaminants from penetrating joints or gaps. Its flexibility, durability, and resistance to weathering make it suitable for a wide range of applications.

According to a study published by the Institution of Civil Engineers (ICE), the global construction industry is expected to reach a value of USD 8 trillion by 2030, primarily driven by China, India, and the United States.

Market Dynamics:

Driver:

Shifting trend towards eco-friendly formulations

Consumers increasingly prioritize products that are environmentally sustainable, creating demand for adhesives and sealants with lower environmental impact. Hybrid formulations offer a compromise between traditional and eco-friendly options, providing improved performance while meeting sustainability goals. This trend fuels innovation in the market, leading to the development of hybrid products that cater to both performance and environmental concerns, thus driving market growth.

Restraint:

Compatibility issues

Compatibility issues in hybrid adhesive & sealant arise when they interact unfavourably with certain substrates or environmental conditions. These issues can lead to compromised adhesion, reduced performance, or even failure of the bonded materials. Additionally, compatibility concerns may result in increased expenses due to the need for additional primers or surface treatments to mitigate adverse reactions. Such setbacks deter consumers from investing in hybrid adhesive and sealant products, impacting market growth.

Opportunity:

Mounting infrastructure development in emerging economies

As these regions undergo rapid urbanization and industrialization, there arises a heightened demand for construction materials offering durability, flexibility, and sustainability. Hybrid adhesives and sealants fit these criteria, being versatile solutions for various construction applications. Their ability to bond diverse materials, withstand harsh environmental conditions, and reduce maintenance costs aligns with the evolving needs of infrastructure projects, thus driving their adoption and market expansion in emerging economies.

Threat:

Complexity of hybrid formulations

Hybrid adhesive & sealants exhibit complexity due to their hybrid formulations, combining the properties of multiple adhesive types. This complexity arises from the need to balance various characteristics such as bonding strength, curing time, chemical resistance, and environmental friendliness. Moreover, the diverse requirements of different applications can lead to a fragmented market with numerous specialized products, potentially causing confusion among consumers and hindering widespread adoption.

Covid-19 Impact

The covid-19 pandemic initially disrupted the hybrid adhesive and sealant market due to supply chain disruptions, reduced construction activities, and manufacturing slowdowns. However, the market showed resilience as demand gradually recovered, driven by increased hygiene awareness, infrastructure investments, and renovation projects. Additionally, the emphasis on health and safety protocols led to the adoption of sealants for applications like medical devices and PPE manufacturing, mitigating some of the market's downturn effects.

The moisture cure segment is expected to be the largest during the forecast period

The moisture cure segment is estimated to have a lucrative growth. Moisture cure is a common curing mechanism employed in hybrid adhesive and sealant formulations. These products cure when exposed to atmospheric moisture, which initiates a chemical reaction within the adhesive or sealant. This curing process creates a durable and resilient bond or seal, making moisture-cured hybrid adhesives and sealants suitable for a wide range of applications, including construction, automotive, and marine industries. Their ability to cure in humid conditions enhances their versatility and practicality.

The sealing segment is expected to have the highest CAGR during the forecast period

The sealing segment is anticipated to witness the highest CAGR growth during the forecast period due to their dual functionality, providing both bonding and sealing properties in one product. They effectively fill gaps, joints, and seams, creating watertight and airtight seals in various substrates. Commonly used in construction, automotive, and manufacturing industries, they offer excellent adhesion to diverse materials and withstand environmental factors like temperature fluctuations and exposure to moisture, making them ideal for long-lasting sealing solutions.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period driven by rapid industrialization, urbanization, and infrastructure development. Countries like China, India, Japan, and South Korea are key contributors to market expansion, fuelled by increasing construction activities, automotive production, and electronics manufacturing. Moreover, rising environmental awareness is driving demand for eco-friendly hybrid formulations. Government initiatives promoting sustainable construction practices further bolster market growth.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to robust construction activities, particularly in the residential and commercial sectors. The region's mature automotive industry also contributes to market expansion, with manufacturers adopting hybrid adhesives and sealants for vehicle assembly and repair applications. Additionally, stringent regulations promoting energy-efficient building practices and environmental sustainability are driving demand for eco-friendly formulations.

Key players in the market

Some of the key players profiled in the Hybrid Adhesive & Sealant Market include Henkel AG & Co. KGaA, 3M Company, Sika AG, Bostik SA, Dow Chemical Company, H.B. Fuller Company, DAP Global Inc., Permabond Engineering Adhesives Ltd., Huntsman Corporation, Illinois Tool Works Inc. (ITW), Avery Dennison Corporation, LORD Corporation, Mapei Corporation, PPG Industries, Inc., Tremco Incorporated and Wacker Chemie AG.

Key Developments:

In April 2024, DAP launched their new "HD Max Construction Adhesive", which the company reports is a premium hybrid formula with polyurethane strength that provides superior durability and powerful adhesion even in extreme temperatures. Built for the toughest applications, DAP's HD Max is the first hybrid construction adhesive on the market available in a 28-Fluid Ounce cartridge, making it an excellent value hybrid formula for pros looking to accomplish larger jobs, reports DAP.

In April 2024, Mapei, leader in the production of chemical products for the building industry, presents the new Mapeflex MS 55, a hybrid adhesive and sealant with a high modulus of elasticity, ideal for everyday use in both professional and domestic contexts. This versatile product is ideal for a wide range of consumers, as it can meet the needs of both professionals and non-professionals.

Types Covered:

  • Hybrid Epoxy-Polyurethane
  • Hybrid MS Polymer
  • Hybrid Polyurethane-Acrylic
  • Hybrid Epoxy-Silyl Modified Polymer
  • Other Types

Cure Types Covered:

  • Moisture Cure
  • Heat Cure
  • Ultraviolet Cure

Substrates Covered:

  • Metals
  • Plastics
  • Glass
  • Concrete
  • Wood
  • Other Substrates

Applications Covered:

  • Adhesion
  • Sealing
  • Gap Filling
  • Bonding
  • Other Applications

End Users Covered:

  • Automotive
  • Construction
  • Electronics
  • Aerospace
  • Marine
  • Energy & Power
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Hybrid Adhesive & Sealant Market, By Type

  • 5.1 Introduction
  • 5.2 Hybrid Epoxy-Polyurethane
  • 5.3 Hybrid MS Polymer
  • 5.4 Hybrid Polyurethane-Acrylic
  • 5.5 Hybrid Epoxy-Silyl Modified Polymer
  • 5.6 Other Types

6 Global Hybrid Adhesive & Sealant Market, By Cure Type

  • 6.1 Introduction
  • 6.2 Moisture Cure
  • 6.3 Heat Cure
  • 6.4 Ultraviolet Cure

7 Global Hybrid Adhesive & Sealant Market, By Substrate

  • 7.1 Introduction
  • 7.2 Metals
  • 7.3 Plastics
  • 7.4 Glass
  • 7.5 Concrete
  • 7.6 Wood
  • 7.7 Other Substrates

8 Global Hybrid Adhesive & Sealant Market, By Application

  • 8.1 Introduction
  • 8.2 Adhesion
  • 8.3 Sealing
  • 8.4 Gap Filling
  • 8.5 Bonding
  • 8.6 Other Applications

9 Global Hybrid Adhesive & Sealant Market, By End User

  • 9.1 Introduction
  • 9.2 Automotive
  • 9.3 Construction
  • 9.4 Electronics
  • 9.5 Aerospace
  • 9.6 Marine
  • 9.7 Energy & Power
  • 9.8 Other End Users

10 Global Hybrid Adhesive & Sealant Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Henkel AG & Co. KGaA
  • 12.2 3M Company
  • 12.3 Sika AG
  • 12.4 Bostik SA
  • 12.5 Dow Chemical Company
  • 12.6 H.B. Fuller Company
  • 12.7 DAP Global Inc.
  • 12.8 Permabond Engineering Adhesives Ltd.
  • 12.9 Huntsman Corporation
  • 12.10 Illinois Tool Works Inc. (ITW)
  • 12.11 Avery Dennison Corporation
  • 12.12 LORD Corporation
  • 12.13 Mapei Corporation
  • 12.14 PPG Industries, Inc.
  • 12.15 Tremco Incorporated
  • 12.16 Wacker Chemie AG

List of Tables

  • Table 1 Global Hybrid Adhesive & Sealant Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global Hybrid Adhesive & Sealant Market Outlook, By Type (2022-2030) ($MN)
  • Table 3 Global Hybrid Adhesive & Sealant Market Outlook, By Hybrid Epoxy-Polyurethane (2022-2030) ($MN)
  • Table 4 Global Hybrid Adhesive & Sealant Market Outlook, By Hybrid MS Polymer (2022-2030) ($MN)
  • Table 5 Global Hybrid Adhesive & Sealant Market Outlook, By Hybrid Polyurethane-Acrylic (2022-2030) ($MN)
  • Table 6 Global Hybrid Adhesive & Sealant Market Outlook, By Hybrid Epoxy-Silyl Modified Polymer (2022-2030) ($MN)
  • Table 7 Global Hybrid Adhesive & Sealant Market Outlook, By Other Types (2022-2030) ($MN)
  • Table 8 Global Hybrid Adhesive & Sealant Market Outlook, By Cure Type (2022-2030) ($MN)
  • Table 9 Global Hybrid Adhesive & Sealant Market Outlook, By Moisture Cure (2022-2030) ($MN)
  • Table 10 Global Hybrid Adhesive & Sealant Market Outlook, By Heat Cure (2022-2030) ($MN)
  • Table 11 Global Hybrid Adhesive & Sealant Market Outlook, By Ultraviolet Cure (2022-2030) ($MN)
  • Table 12 Global Hybrid Adhesive & Sealant Market Outlook, By Substrate (2022-2030) ($MN)
  • Table 13 Global Hybrid Adhesive & Sealant Market Outlook, By Metals (2022-2030) ($MN)
  • Table 14 Global Hybrid Adhesive & Sealant Market Outlook, By Plastics (2022-2030) ($MN)
  • Table 15 Global Hybrid Adhesive & Sealant Market Outlook, By Glass (2022-2030) ($MN)
  • Table 16 Global Hybrid Adhesive & Sealant Market Outlook, By Concrete (2022-2030) ($MN)
  • Table 17 Global Hybrid Adhesive & Sealant Market Outlook, By Wood (2022-2030) ($MN)
  • Table 18 Global Hybrid Adhesive & Sealant Market Outlook, By Other Substrates (2022-2030) ($MN)
  • Table 19 Global Hybrid Adhesive & Sealant Market Outlook, By Application (2022-2030) ($MN)
  • Table 20 Global Hybrid Adhesive & Sealant Market Outlook, By Adhesion (2022-2030) ($MN)
  • Table 21 Global Hybrid Adhesive & Sealant Market Outlook, By Sealing (2022-2030) ($MN)
  • Table 22 Global Hybrid Adhesive & Sealant Market Outlook, By Gap Filling (2022-2030) ($MN)
  • Table 23 Global Hybrid Adhesive & Sealant Market Outlook, By Bonding (2022-2030) ($MN)
  • Table 24 Global Hybrid Adhesive & Sealant Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 25 Global Hybrid Adhesive & Sealant Market Outlook, By End User (2022-2030) ($MN)
  • Table 26 Global Hybrid Adhesive & Sealant Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 27 Global Hybrid Adhesive & Sealant Market Outlook, By Construction (2022-2030) ($MN)
  • Table 28 Global Hybrid Adhesive & Sealant Market Outlook, By Electronics (2022-2030) ($MN)
  • Table 29 Global Hybrid Adhesive & Sealant Market Outlook, By Aerospace (2022-2030) ($MN)
  • Table 30 Global Hybrid Adhesive & Sealant Market Outlook, By Marine (2022-2030) ($MN)
  • Table 31 Global Hybrid Adhesive & Sealant Market Outlook, By Energy & Power (2022-2030) ($MN)
  • Table 32 Global Hybrid Adhesive & Sealant Market Outlook, By Other End Users (2022-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.