Adhesives and Sealants Market was valued at US$ 91.07 Bn. in 2021 and is expected to reach at US$ 129.8 Bn in 2029. Global Adhesives and Sealants Market size is expected to grow at a CAGR of 4.53 % through the forecast period.
Adhesives and Sealants Market Report Overview
A new report published by Global Market Intelligence firm, Maximize Market Research, indicates that the Adhesives and Sealants Market is expected to grow significantly in the coming years. The report identifies the key drivers of growth, as well as the major restraints and challenges that the market is facing. It also provides insights into the potential opportunities that exist in the market.
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Adhesives and Sealants Market Report Scope
The report provides current Adhesives and Sealants market trends and regional insights, including demand, supply, and sales, as well as recent changes in the market. It focuses on the key drivers and restraints for key players, as well as the current competitive landscape. The report also provides the latest data on market statistics, future developments, size, and emerging trends, which can help you identify the products and end users that are driving revenue growth and profitability. It also includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product.
Adhesives and Sealants Market Regional Analysis
The Adhesives and Sealants market report provides a comprehensive overview of the market, including its geographic condition, market size and share, business network structure, opportunities, and news updates.
Adhesives and Sealants Market Segmentation
Technology-wise, the water-based adhesives segment is anticipated to lead the market in 2021, holding the largest market share of xx%. This is because major end-user industries like construction and packaging are starting to shift to water-based adhesive products instead of solvent-based adhesives, which are much more likely to emit volatile organic compounds (VOCs). When the water in the formulation evaporates, a bond is formed between two substrates via a water-based adhesive. Because it comprises water instead of solvents—a factor related to the growing demand for industrial uses for packaging and bottling—the product is environmentally beneficial. When applying water-based adhesives, a premixed solution in powder form is often mixed with water. The resulting bond has excellent flexibility, low temperature bond strength, and low cost.
According to the Product, In terms of volume, the polyurethane segment is anticipated to increase at the fastest rate throughout the projected period—XX%. Polyurethane sealants are a common technology utilized in both new building and renovation projects. There are single and multi-component versions of these sealants available. Compared to silicone sealants, these sealants offer superior tentability, adhesion, and abrasion resistance. They are frequently utilized in construction, automobile, parking deck and sidewalk sealing, and marine applications. In the global adhesives and sealants market, all of these factors contribute to the rise of polyurethane sealants.
With the largest market share in 2021, the packaging category is leading the market in terms of application. High cohesive strength and weather resistance to water, rain, and other elements are provided by sealants. The product’s many uses in food delivery and packaging services should propel the sealant market’s expansion. Because sealants are widely used in the food industry, they offer resistance to UV light, low temperatures for freeze packing, and blocking for liquid products. These characteristics contribute to the market’s growth.
1. Global Adhesives and Sealants Market, By Technology (2022-2029)
• Water-based
• Solvent-Based
• Hot melt
• Reactive
2. Global Adhesives and Sealants Market, By Application (2022-2029)
• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others
3. Global Adhesives and Sealants Market, By Product (2022-2029)
• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others
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Adhesives and Sealants Market Key Players
• 3M Co.
• Adhesive Technologies Corp.
• American Biltrite Inc.
• American Chemical Inc.
• Arkema Group
• Ashland Inc.
• Beardow & Adams Ltd
• Benson Polymers 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
• The Reynolds Co.
• Wacker Chemie AG
• Yokohama Industries
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Key Questions answered in the Adhesives and Sealants Market Report are:
- What is Adhesives and Sealants?
- What is the forecast period of the Adhesives and Sealants Market?
- What is the expected Adhesives and Sealants market size by the end of the forecast period?
- What will be the CAGR of the Adhesives and Sealants market during the forecast period?
- Who are the key players in the Adhesives and Sealants industry?
- Which region held the largest market share in the Adhesives and Sealants Market?
- What are the opportunities for the Adhesives and Sealants Market?
- What are the factors restraining the Adhesives and Sealants market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Adhesives and Sealantsers, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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