The global adhesives & sealants market size will grow to USD 80.0 billion by 2025 from USD 63.2 billion in 2020, at a CAGR of 4.8% during the 2020-2025 period. The growth of the market is supported by the increasing construction and automobile applications, advancements in formulating technologies, and growing demand in the APAC region.
Browse 280 market data Tables and 69 Figures spread through 364 Pages and in-depth TOC on "Adhesives & Sealants Market by Adhesive Formulating Technology (Water-based, Solvent-based, Hot-melt, Reactive), By Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, Region - Global Forecast to 2025"
Request Report Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=421
Henkel AG (Germany) is the leading company in the manufacturing of adhesives & sealants. It has a diversified product portfolio with several investments in product innovation. Its customers can choose from a wide variety of adhesive & sealant products. It has a strong network for distributing and manufacturing adhesives with more than 138 production sites to meet the changing demands of the adhesives & sealants industry, worldwide. The company continuously focuses on its organic & inorganic growth. This will boost the growth of the company and, also, its adhesives & sealants business, globally. In July 2017, Henkel AG acquired Darex Packaging Technologies (US), a supplier of high-performance sealants and coatings for the metal packaging industry around the world. The company has expanded its market positions and strengthened its adhesive technologies business and complements its technology portfolio with the help of this acquisition.
The second most active company in the market is H.B. Fuller (US). The company offers broad products in the adhesives & sealants range. It focuses on R&D for new product and innovation. It is one of the leading industrial adhesives & sealants manufacturers and has a good position in the market. It has a presence in diversified geographical markets. The company is continuously focusing on organic and inorganic growth strategies, which are expected to increase its presence and revenue, globally. As a part of inorganic growth, in October 2017, H. B. Fuller acquired Royal Adhesives & Sealants (US), a leading manufacturer of high-value specialty adhesives & sealants. This acquisition has led to a broader portfolio of the company along with its expanded development and production capabilities.
Do Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=421
The key market players are Henkel AG (Germany), H.B. Fuller (US), Sika AG (Switzerland), Arkema (Bostik SA) (France), 3M Company (US), Huntsman Corporation (US), Illinois Tool Works Inc. (US), Avery Dennison Corporation (US), Dow Inc. (US), and Wacker Chemie AG (Germany). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, partnership & agreement, and joint venture to grow in the market. New product launch was the key strategy adopted by the major players between 2016 and 2020. This strategy helped companies strengthen their product portfolios and cater to the rising needs of end-users. `
COVID-19 Impact on the Global Adhesives & Sealants Market
COVID-19 has posed many challenges for the automotive sector. The US, Germany, the UK, Italy, South Korea, Spain, and Japan are among the adversely affected major industrialized economies. According to a study by Boston Consulting Group, despite encouraging reports on progress toward a vaccine, numerous risks remain. It is projected that the sales in Europe and the US will not rebound to pre-COVID levels until 2023 at the earliest.
COVID-19 has posed many challenges in the construction sector. Major economies across the world, such as the US, Germany, the UK, Italy, South Korea, Spain, and Japan, are among the severely affected countries by the pandemic. Social distancing measures, supply chain disruptions, and workforce dislocation have led to the suspension of construction activities in most countries due to the disruptions in supply chains and shortage of raw materials and labor. Construction companies with high debts and lower cash reserves faced a liquidity crisis. However, the construction of temporary hospitals and quarantine centers increased with this outbreak of coronavirus.
Read More Information At https://www.marketsandmarkets.com/ResearchInsight/adhesive-sealants-market.asp

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441