Global Adhesives and Sealants Market was sized US$55.89 Bn in 2018 and is anticipated to reach US$XX Bn by 2026 at a CAGR of about XX % during a forecast period.
Adhesives are used to adhere different materials to form a single substance by binding them together and resisting their separation, whereas sealants are utilized to block the movement of fluids through openings or joints of a material. They offer excellent corrosion resistance at low cost, enhanced fatigue, and impact resistance to the product. Moreover, excellent flexibility, homogeneous distribution, and durable nature are the important trends and factors influencing the market confidently.
Global Adhesives and Sealants market is segmented by Technology, Product, by Application and by region. In terms of Technology, Adhesives and Sealants market is segmented Water based, Solvent Based, Hot melt and Reactive. Acrylic, PVA, Polyurethane, Styrenic Block, Epoxy and Others are the Product segment of the Adhesives and Sealants market. Pressure Sensitive, Packaging, Construction, Furniture and Others are the application segment of the Adhesives and Sealants market. Geographically, market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Water-based adhesives segment is expected to continue its lead throughout the forecast period. This is owing to inkling of major end-user industries namely packaging and construction toward water-based adhesive products; as solvent-based adhesive products are highly prone to volatile organic compound (VOC) emissions.
The polyurethane segment is expected to grow at the XX% CAGR during the forecast period. Polyurethane sealants provide better tintability, adhesion, and abrasion resistance than silicone sealants.
The packaging industry generates the highest revenue in the market whereas the transportation industry records the XX% CAGR. The demand for adhesives in the packaging industry is growing, with higher end-user applications. Online retail shopping has increased at a higher rate with rising internet technologies and web applications, which has largely supported the growth of the packaging industry.
In Asia-Pacific, adhesives generated over USD 26.5 billion and sealants about USD 5.5 billion, based on revenue, in 2018. Increase in the number of female workers, rise in dual income nuclear families, growth in disposable income, and higher per capita expenditure on social and cultural factors are a few factors fueling up the demand in the Asia-Pacific market. Also, there is a rise in the government funding for public welfare in the region.
The objective of the report is to present a comprehensive analysis of the Global Adhesives and Sealants Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Adhesives and Sealants Market dynamics, structure by analyzing the market segments and project the Global Adhesives and Sealants Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Adhesives and Sealants Market make the report investor’s guide.
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Scope of Global Adhesives and Sealants Market:
Global Adhesives and Sealants Market by Technology:
• Water based
• Solvent Based
• Hot melt
• Reactive
Global Adhesives and Sealants Market by Product:
• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others
Global Adhesives and Sealants Market by Application:
• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others
Global Adhesives and Sealants Market by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player Analysed in Global Adhesives and Sealants Market:
• 3M Co.
• Adhesive Technologies Corp.
• American Biltrite Inc.
• American Chemical Inc.
• Arkema Group
• Ashland Inc.
• Beardow & Adams Ltd
• Benson Polymers Ltd.
• DowDuPont
• Dymax
• Franklin International
• H.B. Fuller Co
• Henkel AG & Co. KGaA
• Huntsman Corp.
• ITW Performance Polymers
• Jowat AG
• LORD Corp.
• Mapei Spa
• Master Bond
• Ninghai Dingcheng Adhesive Co. Ltd.
• Permabond Engineering Adhesives Ltd.
• Pidilite Industries Ltd.
• Sika AG
• The Reynolds Co.
• Wacker Chemie AG
• Yokohama Industries
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