Global Adhesives & Sealants Market By Resin Type (Acrylics, Epoxy, Poly Vinyl Acetate (PVA), Polyurethane (PU), Styrenic Block, Ethyl Vinly Acetate (EVA), Silicone), Technology (Water based, Solvent based, Hot Melt, UV Cured), Application (Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation, Consumer/DYI, Leather and Footwear, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Global adhesives & sealants market is expected to rise=, registering a substantial CAGR of 5.1% in the forecast period of 2019-2026. The rise in the market value can be attributed to the growing trend of lightweight & low carbon emitting vehicles and shift in the preferences of consumers towards hot-melt adhesives.
Get | Exclusive Sample Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-adhesives-sealants-market
Market Definition: Global Adhesives & Sealants Market
Adhesives are those substances that help in binding two objects, making it firm and tough. On the other hand, sealants are used as a hard coating on a permeable surface or it can be used to block the passage of fluid. The use of adhesives and sealants can be seen in various applications such as transportation, consumer sealants, building & construction, paper & packaging, construction and others.
Increasing demand for adhesives & sealants from the building & construction industry; this factor will act as a driver for the market in the forecast period
Shifting in the preferences of consumers towards hot-melt adhesives will also drive the market in near future
High demand for adhesives & sealants in Asia-Pacific region; this factor will also propel the market
Development of hybrid resins for the manufacturing of high-performance adhesives & sealants will also help the market to grow in future
Environmental regulations in North American and European countries; this factor will hamper the market to grow in near future
Volatility in the prices of crude oils, will act as a restraint for the market growth
Shifting rules and changing standards will also restrain the market growth
Segmentation: Global Adhesives & Sealants Market
By Resin Type
- Poly Vinyl Acetate (PVA)
- Polyurethane (PU)
- Styrenic Block
- Ethyl Vinly Acetate (EVA)
- Water Based
- Solvent Based
- Hot Melt
- UV Cured
- Paper and Packaging
- Building and Construction
- Automotive and Transportation
- Leather and Footwear
- North America
- South America
- Rest of South America
- United Kingdom
Key Developments in the Market:
In September 2017, HB Fuller, a manufacturer of U.S. sealants and adhesives, has acquired two companies namely, Wisdom Worldwide Adhesives, a U.S.-based packaging adhesives specialist and Adecol, a Brazilian polymer adhesives maker. The acquisition will help HB Fuller to make more products related to the market, in order to fulfil the requirements of customers.
In September 2017, H.B. Fuller has signed an agreement in order to acquire Royal Adhesives & Sealants, who is a manufacturer of high-value specialty sealants and adhesives. The acquisition will help the company to focus more on their adhesive segments. Also, it will help H.B. Fuller to expand their presence in China, Europe and North America.
Global adhesives & sealants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of adhesives & sealants market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the adhesives & sealants market are 3M, Henkel AG & Co. KGaA, Arkema, H.B. Fuller Company, Bostik, The Dow Chemical Company, Sika AG, Illinois Tool Works Inc., DAP Products Inc., AVERY DENNISON CORPORATION, Royal Adhesives & Sealants and Franklin International among others.
Want Full Report? Enquire Here @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-adhesives-sealants-market
Research Methodology: Global Adhesives & Sealants Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge Market Research
Browse Related Report: