Adhesives & Sealants Market Overview, Size, Share | Global Industry Outlook and Statistics, Segmentation and Forecast

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 Global adhesives & sealants Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2017-2027. The report studies the historical data of the adhesives & sealants market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the adhesives & sealants industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the adhesives & sealants market.

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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.

Another driving factor is robust growth of and high demand in the packaging sector led by growth of the food & beverages industry. However, regulations regarding VOC emissions are likely to hinder the market in the next few years. Companies are investing in the latest technologies and the launch of new bio-based products to develop cost-effective products.

Key Highlights of Report

  • 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.
  • 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.

 

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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

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