Adhesives & Sealants Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027

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The global adhesives & sealants market is projected to reach value of USD 84.74 Billion by 2027, according to a current analysis by Emergen Research. Advancements in technology and rise in the demand for bio-based adhesives and sealants are driving the market. Adhesives and sealants are multi-faceted products and are used in industrial sectors ranging from packaging to textile, due to their superior bonding strength.A shift in consumer preference toward bio-based adhesives and sealants led by rise in environmental concerns along with the reduction in fossil fuel use for product manufacture are propelling the market for adhesives & sealants. Glass building construction requires use of sealants in panels for a stable structure. A major challenge faced by the market is the volatile cost of raw materials used in production of adhesive and sealants.

The study on the Global Adhesives & Sealants Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Adhesives & Sealants market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Adhesives & Sealants industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Adhesives & Sealants industry.

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Key Highlights of Report

  • Water-based adhesives are obtained from natural polymers and it is an ultimate choice for quick set application in bookbinding. Water-based adhesives are free from solvents and they are safe to use in areas with very little ventilation.
  • The paper & packaging industry is witnessing significant growth, owing to growth of cosmetics, food & beverages, and consumer goods industries. The growing trend of online shopping is expected to further propel the market during the forecast period. Adhesives and sealants are used in more than 80% of food packaging.
  • Silicon resins are low-molecular-weight polymers with excellent thermal stability. Their property makes them suitable for usage as binders in paints, impregnating products, and varnishes. They are odor free, easy to use, and they offer excellent adherence to the surface of molds.
  • The Asia Pacific market is estimated to witness significant growth during the forecast period, due to massive population and shifting of manufacturing sites from developed regions toward developing countries in APAC. The automotive as well as the packaging industry has witnessed significant growth over the last few years, with contribution from the ASEAN countries.

Leading Companies of the Adhesives & Sealants Industry and Profiled in the Report are:

H. B. Fuller, Henkel AG, 3M Company, Huntsman Corporation, DowDuPont Dowdupont Inc., Avery Dennison Corporation, Arkema, Sika AG, Illinois Tool Works Inc., and Wacker Chemie AG.

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Furthermore, the report divides the Adhesives & Sealants market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.

For the purpose of this report, Emergen Research has segmented the global adhesives & sealants market in terms of adhesive formulating technology, adhesive application, resin type, resin application, and region:

  • Adhesive Formulating Technology Outlook (Revenue, USD Billion; 2017–2027)
    • Water-based
    • Solvent-based
    • Hot melt
    • Reactive & Others
  • Adhesive Application Outlook (Revenue, USD Billion; 2017–2027)
    • Paper & Packaging
    • Building & Construction
    • Woodworking
    • Consumer/DIY
    • Automotive & Transportation
    • Leather & Footwear
    • Assembly
    • Others
  • Resin Type Outlook (Revenue, USD Billion; 2017–2027)
    • Silicone
    • Polyurethane
    • Plastisol
    • Emulsion
    • Polysulfide
    • Butyl
    • Others
  • Resin Application Outlook (Revenue, USD Billion; 2017–2027)
    • Building & Construction
    • Automotive & Transportation
    • Consumer
    • Others

Regional Analysis:

The report sheds light on the region expected to dominate the Adhesives & Sealants market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Adhesives & Sealants market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.

Key Points of Adhesives & Sealants Market:

  • Extensive coverage of the analysis of the Adhesives & Sealants market
  • Key insights into the regional spread of the industry in key geographies
  • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
  • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Adhesives & Sealants market
  • Complete data about the key manufacturers and vendors in the Adhesives & Sealants market

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Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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