The global 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.
Market Overview:
This study aims to provide a comprehensive analysis of the Adhesives and Sealants market, examining its components, applications, industries, and geographical aspects. It delves into the primary drivers influencing market growth and offers an in-depth analysis of the market’s value chain.
Market Scope:
The research methodology employed for assessing and predicting the Adhesives and Sealants market involves secondary research utilizing revenue data from key suppliers. Market segmentation takes into account vendor offerings, and the overall market size is determined using a bottom-up approach based on the revenue of major enterprises.
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Drivers:
The growing population and urbanization are the factors which are driving the residential construction segment in developing countries such as China, India, Indonesia, Vietnam, Brazil, and Mexico. There is an increasing demand for permanent houses in these countries, which, in turn, is driving the demand for adhesives & sealants. There are various applications of adhesives & sealants in the construction industry, such as carpet, tiling, wallpapers, and exterior insulation systems. Adhesives & sealants are also used to hold curtain wall panels and insulating glass units in place.
Segmentation:
by Technology
• Water-based
• Solvent-Based
• Hot melt
• Reactive
by Product
• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others
by Application
• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others
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Key Players:
The major players identified in the Adhesives and Sealants market report include:
• 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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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are provided individually. Analysts evaluate competitive strengths and conduct a thorough competitive analysis for each player.
COVID-19 Impact Analysis on Adhesives and Sealants Market:
Various industries such as aerospace, defense, agriculture, automobiles, retail, e-commerce, energy, healthcare, packaging, mining, electronics, banking, financial services, and insurance have been impacted by the COVID-19 pandemic. The report assesses the general impact of COVID-19 on the Adhesives and Sealants market, including its growth rate during 2019-2020. Insights and analysis on risk management and digital transformation strategies are provided to assist businesses navigating through the crisis.
Key Questions Answered in the Report:
Which segment dominated the Adhesives and Sealants market?
What was the competitive landscape of the Adhesives and Sealants market in 2020?
What are the key drivers fueling the growth of the Adhesives and Sealants market?
Which region held the largest share in the Adhesives and Sealants market in 2020?
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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