February 27, 2020
Adhesives & Sealants

New report connects to Adhesives & Sealants Market

The market size of Adhesives & Sealants was valued at US$ 51,745.3 million in 2017, with CAGR growth of 4.9 percent between 2018 and 2026 during the forecast period. Adhesives hold at least two substrates together in a strong and permanent manner, while sealants perform the same function but also fill the gap between the two substrates in order to prevent the passage of air, water and/or chemicals. Adhesives and sealants are often made of similar materials and sometimes used in similar applications in end-use industries such as paperboard & packaging, automotive & transport, construction & construction, woodworking & joinery, etc.

[Get here sample in PDF]

Water-based adhesives are the largest segment due to their versatility and moderate price, followed by solvent-based adhesives. The consumption of solvent-based adhesives in developed countries is declining due to strict VOC emission regulations. However, the increase in the shoe manufacturing industry, particularly in China, supported the growth of the segment during the forecast period. Silicone dominated the resin type market of Sealants followed by polyurethane resin-based sealants. Polysulfide sealants are losing market share for polyurethane-based sealants.

Paperboard & Packaging holds the largest market share of Adhesives & Sealants by end-use industries during 2017-2018. In the paperboard & packaging industry, adhesives & sealants are used in a wide variety of paper bonding processes, ranging from corrugated box construction and lamination of printed sheets to packaging materials used for all types of consumer products, to the production of large industrial tubes and cores used by manufacturers of paper goods and other materials. Factors such as rising population and disposable income, increasing demand for quality products, high economic growth, especially in developing economies, fuel the growth of this segment. Based on geography, Asia-Pacific held the largest share of value and volume in the global market for Adhesives & Sealants in 2017. Asia-Pacific is identified as the fastest-growing region due to rising population and disposable income coupled with growth in end-use industries, driving the market for Asia-Pacific Adhesives & Sealants. North America, with the largest number of new product developments in the world, is closely monitoring Asia-Pacific in terms of value and volume consumption. Water-borne & Hot-melt adhesives are becoming increasingly popular in North America due to the ongoing replacement of solvent-borne adhesives in developed regions.

[Get here sample in PDF]

Although increasing regulations against the use of high VOC compounds coupled with high costs associated with compliance and required raw materials, manufacturers are continually addressing the situation by investing heavily in R&D and new technology development.

The leading manufacturers of adhesives and sealants are 3 M Company (U.S.), Illinois Tool Works Inc. (U.S.), H.B. Fuller (Netherlands), Bostik Ltd. (France), Henkel AG & Company (Germany), Sika AG (Switzerland), Avery Dennison (USA), RPM and International Inc. (USA) among others.

[Browse full report: “Adhesives & Sealants Market Size”]

Key research study highlights comprise:

  1. Exhaustive research and analysis of the global ADHESIVES & SEALANTS industry
  2. The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
  3. Major elements of market dynamics such as drivers, challenges and opportunities and their effect on ADHESIVES & SEALANTS market is also covered in the report
  4. Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering & business strength
  5. Cross sectional analysis of each region covering individual segments for the forecast period 2016 – 2018 in terms of value (US$Mn)

[Get here sample in PDF]

Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global ADHESIVES & SEALANTS market specific to key segments, and regional segmentation.

  1. Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global ADHESIVES & SEALANTS market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in ADHESIVES & SEALANTS market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of ADHESIVES & SEALANTS market study.

  • Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

[Get here sample in PDF]

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Contact Us:

Credence Research Inc.

105 N 1st ST #429


CA 95103

United States

Toll Free (US/CANADA): +1-800-361-8290

Web: https://www.credenceresearch.com

LinkedIn @ https://us.linkedin.com/company/credenceresearch

Leave a Reply

Your email address will not be published. Required fields are marked *