Adhesives are substances used to join components or things together and sealants are used to block the passage of fluid through a substance. Adhesives offer more rigid & durable look, whereas sealants are more malleable with lower strength. Adhesives and sealants find broad market in numerous industries such as automotive, aerospace, packaging, leather & footwear, building & construction as well as consumer/DIY. MARKET DYNAMICS
The adhesives and sealants market is anticipated to grow in the forecast period owing to driving factors such as increased adoption of lightweight and low carbon emitting vehicles. Moreover, demand from the building & construction sector further propels the adhesives and sealants market growth. However, strict environmental regulations regarding the production of chemical and petro-based products in the North American and European countries hinders the market growth. On the other hand, growing demand for sustainable, green and non-hazardous adhesives and developments of hybrid resins to manufacture high performance adhesives and sealants is likely to provide growth opportunities for the adhesives and sealants market players during the forecast period.MARKET SCOPE
The "Global Adhesives and Sealants Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of adhesives and sealants market with detailed market segmentation by adhesives formulating technology, sealant product type, end user industry and geography. The global adhesives and sealants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading adhesives and sealants market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
The global adhesives and sealants market is segmented on the basis of adhesives formulating technology, sealant product type and end user industry. Based on adhesives formulating technology, the market is segmented as water-borne, solvent-borne, reactive, hot-melts and others with detailed sub-segmentation of each technique. On the basis of the sealant product type, the market is segmented as silicone, polyurethane, acrylic, polyvinyl acetate and others. The market on the basis of the end user industry is classified as building & construction, paper, board, & packaging, woodworking & joinery, transportation, footwear & leather, healthcare, electronics and others.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global adhesives and sealants market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The adhesives and sealants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting adhesives and sealants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the adhesives and sealants market in these regions.
The reports cover key developments in the adhesives and sealants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from adhesives and sealants market are anticipated to lucrative growth opportunities in the future with the rising demand for adhesives and sealants in the global market. Below mentioned is the list of few companies engaged in the adhesives and sealants market.
The report also includes the profiles of key adhesives and sealants companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- 3M Company
- Avery Dennison Corporation
- Bostik (Arkema)
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman International LLC
- Illinois Tool Works Inc.
- The Dow Chemical Company
- Wacker Chemie AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.