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 report provides detailed insights into Adhesives Sealants market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Adhesives Sealants market size over the forecast period, 2020–2028. The report includes profiles of major players in the Adhesives Sealants market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Adhesives Sealants market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Adhesives Sealants market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Adhesives Sealants market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Adhesives Sealants market revenue growth to a significant extent over the forecast period.
Top key vendors in Adhesives Sealants Market include are:
- 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.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- 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
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Adhesives Sealants Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Adhesives Sealants industry
North America Adhesives Sealants market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Adhesives Sealants growth strategies and initiatives.
Asia Pacific Adhesives Sealants market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Adhesives Sealants market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Adhesives Sealants market revenue growth in Asia Pacific.
Europe Adhesives Sealants market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Adhesives Sealants market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Adhesives Sealants revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Adhesives Sealants industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Adhesives Sealants market across different regions?
- Who are the major driving forces expected to decide the fate of the Adhesives Sealants industry worldwide?
- Who are the prominent market players making a mark in the Adhesives Sealants market with their winning strategies?
- Which Adhesives Sealants industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Adhesives Sealants market?
Table of Content
Chapter 1. Methodology Sources
1.1. Adhesives Sealants Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Adhesives Sealants Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Adhesives Sealants Market Segmentation Impact Analysis
4.1. Adhesives Sealants Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Adhesives Sealants Market indicators analysis
4.2.2. Adhesives Sealants Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Adhesives Sealants Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Adhesives Sealants products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Adhesives Sealants Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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