Adhesives & Sealants Market to be at Forefront by 2027

The Global Adhesives and Sealants Market is estimated to reach USD 64.4 Billion by 2025 at a CAGR of 4.8 %, predicts forencis research (FSR).

Adhesives are a group of non-metallic compounds, which are used to bind the surfaces by means of adhesive bonding processes. Whereas, sealants are referred to as the substances that are used to block the passage or gaps amongst any two materials. These substances are formulated by mixing the additives such as fillers, pigments, plasticizers to deliver the desired outcome with desired requirement. Among both, the adhesives possess higher strength whereas, sealant have longer elongation. These adhesives and sealants are widely used in automotive and transportation, packaging, construction, healthcare, electronics and many other industries.

Adhesives and Sealants Market: Drivers & Restraints

Market Drivers:

Soaring Demand from Automotive and Construction Sector

The demand for adhesives and sealants are escalating worldwide owing to the rise in the adoption in the automotive and construction sector. Higher demand for stronger adhesives and fast curing sealants across the construction and automotive sector to the boost efficiency in lesser time is another factor fueling the growth of this market. Ongoing urbanization, betterment in living standard, growing global population, with an increase in spending over construction sector is anticipated to push the market growth uphill. The growing construction activities in the developing and developed economies is projected to raise the demand for adhesives and sealants. As per the Global Construction 2030 report, by 2030 the volume of the global construction is expected to grow by 85%, wherein, China, US and India, would account for 57% of the global growth.

Aforementioned factors are expected to the drive the global adhesives and sealants market during the forecast period.

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Growing Packaging Industry

Adhesives and sealant are crucial in the modern packaging owing to advent of new materials. The packaging industry is predominantly growing owing to the increasing penetration of internet, leading to rise in e-commerce sector. Increasing adoption of reusable and sustainable packaging with the growing demand for innovative packaging solutions is boosting the growth of packaging sector. Increasing usage of adhesives and sealants in the packaging applications for better protection is projected to push the market growth.

Thus, the growth in the packaging sector is likely to upsurge the market growth during the forecast period.

Market Restraints:

Stringent Environmental Regulations

The environmental issues are the key point of concern for the entire world and has gained importance since last few years. For adhesives and sealants market, regulation over the VOC emissions imposed by the governments of emerging and emerged markets is expected to act as a roadblock. The key manufacturers need to meet the safety standards while manufacturing the adhesives and sealants for varied application areas, in order to minimize the VOC emissions. For instance, the Environmental Protection Agency (EPA) has imposed restriction on the manufacturing and sale of the certain adhesives and sealants with the prime focus to reduce the VOC content.

Hence, the stringent regulation to limit VOC emissions is projected to hamper the market growth in the upcoming timespan.

Adhesives and Sealants Market: Key Segments

Key Segments by Source: Natural and Synthetic
Key Segments by Resin: Polyurethane, Acrylic, Epoxy, Polyvinyl Adhesives (PVA), Rubber, Cyanoacrylates, Silicone and Others
Key Segments by Adhesive Type: Reactive Adhesives and Non-Reactive Adhesive
Key Segments by Application: Automotive and Transportation, Packaging, Construction, Furniture and Wood Related Products, Medical, Electronics, Consumer Goods, Paints and Coatings and Others
Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Adhesives and Sealants Market: Report Scope

The report on the adhesives and sealants market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Adhesives and Sealants Market include:

3M Company (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
BASF SE
PPG Industries
Sherwin-Williams Company
Sika AG
Arkema S.A
Evonik Industries
Fuller Company
E I Du Pont De Nemours
Other Key Companies

Adhesives and Sealants Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Adhesives and Sealants Market, by Source

Natural
Synthetic

Adhesives and Sealants Market, by Resin

Polyurethane
Acrylic
Epoxy
Polyvinyl Adhesives (PVA)
Rubber
Cyanoacrylates
Silicone
Others

Adhesives and Sealants Market, by Adhesive Type

Reactive Adhesives
Non-reactive Adhesive

Drying Adhesive
Pressure Sensitive Adhesives
Contact Adhesives
Hot Melt Adhesives

Adhesives and Sealants Market, by Application

Automotive and Transportation
Packaging
Construction
Furniture and Wood Related Products
Medical Equipment
Electronics
Consumer Goods
Paints and Coatings
Others

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Adhesives and Sealants Market by Region

Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
North America (US, Canada, Mexico)
Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

What are the key developments impacting the growth of the global market?
What would be the impact of the key developments in the global market on the industry and on the market players in the upcoming future?
What are the evolving types of the global market?
What are the new applications areas of global market?
What are the major characteristics that will affect the global market growth during the study period?
Who are the prominent players operating the market?
How are the major players leveraging in the existing global market conditions?

Table of Content

INTRODUCTION
RESEARCH DESIGN & SCOPE
EXECUTIVE SUMMARY
MARKET DYNAMICS
INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
ADHESIVES AND SEALANTS MARKET, BY SOURCE, Market Size in USD Million and Kiloton (2018—2025)
ADHESIVES AND SEALANTS MARKET BY RESIN, Market Size in USD Million and Kiloton (2018—2025)
ADHESIVES AND SEALANTS MARKET BY ADHESIVE TYPES, Market Size in USD Million and Kiloton (2018—2025)
ADHESIVES AND SEALANTS MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2018—2025)
ADHESIVES AND SEALANTS MARKET BY REGION, Market Size in USD Million and Kiloton (2018—2025)
COMPETITIVE LANDSCAPE
COMPANY PROFILES
APPENDIX

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