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Global Adhesives and Sealants Market

  • 4100.00 Dollar US$
  • Published date: April 15, 2019
    • Pune, Pune, Maharashtra, India [ Ads Views - 23 ]

Global Adhesives and Sealants Market was sized US$53.50 Bn in 2017 and isanticipated to reach US$75.88 Bn by 2026 at a CAGR of about 4.47 % during aforecast period.

Global Adhesives and Sealants market is segmented by Technology, Product, byApplication and by region. In terms of Technology, Adhesives and Sealantsmarket is segmented Water based, Solvent Based, Hot melt and Reactive. Acrylic,PVA, Polyurethane, Styrenic Block, Epoxy and Others are the Product segment ofthe Adhesives and Sealants market. Pressure Sensitive, Packaging, Construction,Furniture and Others are the application segment of the Adhesives and Sealantsmarket. Geographically into North America, Europe, Asia Pacific, Middle East& Africa and Latin America.

Adhesives are used to adhere different materials to form a single substanceby binding them together and resisting their separation, whereas sealants areutilized to block the movement of fluids through openings or joints of amaterial. They offer excellent corrosion resistance at low cost, enhancedfatigue, and impact resistance to the product. Moreover, excellent flexibility,homogeneous distribution, and durable nature are the important trends andfactors influencing the market confidently.

Water-based adhesives segment is expected to continue its lead throughoutthe analysis period. This is owing to inkling of major end-user industriesnamely packaging and construction toward water-based adhesive products; assolvent-based adhesive products are highly prone to volatile organic compound(VOC) emissions.

The polyurethane segment is expected to grow at the highest CAGR during theforecast period. Polyurethane sealants provide better tintability, adhesion,and abrasion resistance than silicone sealants.

The packaging industry generates the highest revenue in the market whereasthe transportation industry records the highest CAGR. The demand for adhesivesin the packaging industry is growing, with higher end-user applications. Onlineretail shopping has increased at a higher rate with rising internettechnologies and web applications, which has largely supported the growth ofthe packaging industry.

In Asia-Pacific adhesives & sealants market, adhesives generated overUSD 26.5 billion and sealants about USD 5.5 billion, based on revenue, in 2017.Increase in the number of female workers, rise in dual income nuclear families,growth in disposable income, and higher per capita expenditure on social andcultural factors are a few factors fueling up the demand in the Asia-Pacificmarket. Also, there is a rise in the government funding for public welfare inthe region.

3M Co., Adhesive Technologies Corp., American Biltrite Inc., AmericanChemical Inc., Arkema Group, Ashland Inc., Beardow & Adams Ltd, BensonPolymers 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, TheReynolds Co., Wacker Chemie AG, Yokohama Industries are key players included inthe Adhesives and Sealants market.

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