DUBLIN, Oct. 20, 2021 /PRNewswire/ -- The "Adhesives & Sealants Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The adhesives and sealants market was valued at USD 50061.01 million in 2020, growing at a CAGR of 5.89% during the forecast period
The adhesives and sealants industry serves a significant purpose in numerous industries such as aerospace and defense, paper and packaging, construction, manufacturing, transportation, etc. The outburst of population and urbanization in developing countries such as China, India, Brazil, Indonesia, Mexico, Bangladesh, etc., has fostered the demand for adhesives and sealants by a considerable amount. Water-based adhesives and hot melt adhesives comprise more than 50% of the total demand in India.
The typical difference between an adhesive and sealant is that sealants offer lower strength and higher elongation than adhesives.
Water-based adhesives had the highest market share, followed by pressure-sensitive adhesives. The major factor of water-based adhesives popularity is the almost negligible emissions of VOCs. Thus, they offer an environment-friendly solution.
Silicone-based sealants have an excellent low-temperature movement capability and outstanding UV and heat stability. Major applications of such sealants are protecting glazing systems, insulating glass units to improve thermal performance, and missile impact and bomb blast situations. Thus, they have the highest share in the global sealants market.
The APAC emerged as the largest market for adhesives and sealants among all the regions. The rising population, rapid urbanization, increase in demands from the industries such as construction, electronics, packaging, medical and healthcare, etc., are propelling growth in the APAC adhesives and sealant market.
Germany is the largest market for adhesives and sealants in Europe. The major end-use sectors for adhesives and sealants in Europe are building and construction, paper and board, industrial assembly, and transportation.
Silicone-based sealants will dominate the sealants industry due to the numerous advantages they offer. The increased popularity of biobased adhesives has led to innovations and green adhesives and sealants;
Due to investments in the non-oil sectors in the middle eastern countries, the demand for adhesives and sealants is expected to grow rapidly.
The key adhesive and sealants market companies are Henkel, H.B. Fuller Arkema S.A, Avery Dennison, and 3M.
Enhancing partnerships will be a key idea for the companies to sustain themselves in the market. Such partnerships or acquisitions will ensure mutual transfer of technologies and delivery of a better product.
- B. Fuller
- Arkema S.A.
- Avery Dennison
Other Prominent Vendors
- Sika AG
- Huntsman Corporation
- RPM International Inc.
- Pidilite Industries Ltd.
- Dow Chemical Company
- Evonik Industries AG
- Beardow Adams
- Franklin International
- Wacker Chemical Corporation
- Lintec Corporation
- Ashland Global Speciality Chemicals
- Eastman Chemical Company
- Delo Industrial Adhesives
- Jowat SE
- General Sealants Inc.
- Berry Global, Inc.
- Hexcel Corporation
Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage4.1 Market Definition4.2 Base Year4.3 Scope of the Study 5 Report Assumptions & Caveats5.1 Key Caveats5.2 Currency Conversion5.3 Market Derivation 6 Market at a Glance 7 Introduction7.1 Overview7.2 Supplier Chain Analysis 8 Market Opportunities & Trends8.1 Growing Demand for Bio-Based Adhesives8.2 Rising Demand for Adhesives & Sealants in APAC8.3 Increasing Use of Adhesives and Sealants in Healthcare Industry 9 Market Growth Enablers9.1 Surging Demand from Building & Construction Industry9.2 High Demand from Packaging Industry9.3 Increasing Demand from Consumer Electronics Industry 10 Market Restraints10.1 Environmental Regulations and Standards10.2 Feedstock Sourcing and Pricing 11 Market Landscape11.1 Market Overview11.2 Market Size & Forecast11.3 Five Forces Analysis 12 Type12.1 Market Snapshot & Growth Engine12.2 Market Overview12.3 Adhesives12.4 Sealants 13 Adhesives by Technology13.1 Market Snapshot & Growth Engine13.2 Market Overview13.3 Water-Based13.4 Solvent-Based13.5 Hot Melt13.6 Reactive13.7 Pressure-Sensitive13.8 Others 14 Sealants by Structure Type14.1 Market Snapshot & Growth Engine14.2 Market Overview14.3 Silicone Sealants14.4 Acrylic Sealants14.5 Polyurethane Sealants14.6 Polysulfide Sealants14.7 Butyl Sealants14.8 Plastisol Sealants14.9 Others 15 End-User Application15.1 Market Snapshot & Growth Engine15.2 Market Overview15.3 Paper and Packaging15.4 Building and Construction15.5 Automotive and Transportation15.6 Woodworking and Joinery15.7 Leather and Footwear15.8 Consumer and DIY15.9 Others 16 Geography16.1 Market Snapshot & Growth Engine16.2 Geographic Overview
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