Adhesives and Sealants Market was valued at US$ 91.07 Bn. in 2021 and is expected to reach at US$ 129.8 Bn in 2029. Global Adhesives and Sealants Market size is expected to grow at a CAGR of 4.53 % through the forecast period.
Adhesives and Sealants Market Overview
Maximize Market Research's new report on the Global Adhesives and Sealants Market 2023-2029 is a valuable resource for understanding the market's competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Adhesives and Sealants market.
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Adhesives and Sealants Market Scope
The report focuses on the key factors that are driving and restraining the growth of the Adhesives and Sealants market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the Adhesives and Sealants market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
Adhesives and Sealants Market Segmentation
Technology-wise, the water-based adhesives segment is anticipated to lead the market in 2021, holding the largest market share of xx%. This is because major end-user industries like construction and packaging are starting to shift to water-based adhesive products instead of solvent-based adhesives, which are much more likely to emit volatile organic compounds (VOCs). When the water in the formulation evaporates, a bond is formed between two substrates via a water-based adhesive. Because it comprises water instead of solvents—a factor related to the growing demand for industrial uses for packaging and bottling—the product is environmentally beneficial. When applying water-based adhesives, a premixed solution in powder form is often mixed with water. The resulting bond has excellent flexibility, low temperature bond strength, and low cost.
According to the Product, In terms of volume, the polyurethane segment is anticipated to increase at the fastest rate throughout the projected period—XX%. Polyurethane sealants are a common technology utilized in both new building and renovation projects. There are single and multi-component versions of these sealants available. Compared to silicone sealants, these sealants offer superior tentability, adhesion, and abrasion resistance. They are frequently utilized in construction, automobile, parking deck and sidewalk sealing, and marine applications. In the global adhesives and sealants market, all of these factors contribute to the rise of polyurethane sealants.
With the largest market share in 2021, the packaging category is leading the market in terms of application. High cohesive strength and weather resistance to water, rain, and other elements are provided by sealants. The product's many uses in food delivery and packaging services should propel the sealant market's expansion. Because sealants are widely used in the food industry, they offer resistance to UV light, low temperatures for freeze packing, and blocking for liquid products. These characteristics contribute to the market's growth.
1. Global Adhesives and Sealants Market, By Technology (2022-2029)
• Water-based
• Solvent-Based
• Hot melt
• Reactive
2. Global Adhesives and Sealants Market, By Application (2022-2029)
• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others
3. Global Adhesives and Sealants Market, By Product (2022-2029)
• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others
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Adhesives and Sealants Market Key Players
• 3M Co.
• Adhesive Technologies Corp.
• American Biltrite Inc.
• American Chemical Inc.
• Arkema Group
• Ashland Inc.
• Beardow & Adams Ltd
• Benson Polymers Ltd.
• DowDuPont
• Dymax
• Franklin International
• H.B. Fuller Co
• Henkel AG & Co. KGaA
• Huntsman Corp.
• ITW Performance Polymers
• Jowat AG
• LORD Corp.
• Mapei Spa
• Master Bond
• Ninghai Dingcheng Adhesive Co. Ltd.
• Permabond Engineering Adhesives Ltd.
• Pidilite Industries Ltd.
• Sika AG
• The Reynolds Co.
• Wacker Chemie AG
• Yokohama Industries
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Adhesives and Sealants Market Regional Analysis
The global Adhesives and Sealants Market's growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Adhesives and Sealants market.
Key Questions answered in the Adhesives and Sealants Market Report are:
- What are the Adhesives and Sealants market segments?
- What are the global trends in the Adhesives and Sealants Market?
- What are the major challenges that the Adhesives and Sealants Market could face in the future?
- How is the intervention from regulatory authority shaping the Adhesives and Sealants Market?
- Who are the Adhesives and Sealants key players in the industry?
- What growth strategies are the players considering to increase their presence in Adhesives and Sealants Market?
- Which region held the largest Adhesives and Sealants market share in 2022?
- Which regional Adhesives and Sealants market is expected to grow rapidly during the forecast period?
Key offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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