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Global Adhesives and Sealants Market is estimated to reach USD 64.4 Billion by 2025 at a CAGR of 4.8 %, Predicts Forencis Research

Adhesives & Sealants Market: Summary

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 nonmetallic 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.

Download Report PDF Brochure of Global Adhesives and Sealants Markethttps://www.forencisresearch.com/mobile-artificial-intelligence-market-sample-pdf/

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.

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.

Read Press Release of Global Adhesives and Sealants Market for More [email protected]  https://www.forencisresearch.com/mobile-artificial-intelligence-market/

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 andOthers
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America,with individual country-level analysis.

Purchase Global Adhesives and Sealants Market Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/mobile-artificial-intelligence-market-purchase-now/

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

To Purchase this Premium Report Click Here @ https://www.forencisresearch.com/adhesives-sealants-market-purchase-now/

By Region

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific

North America

  • US
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Click here to know Global Adhesives and Sealants Market  @ https://www.forencisresearch.com/mobile-artificial-intelligence-market-request-methodology/

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: [email protected]

For more market research insights, please visit  https://www.forencisresearch.com

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Global Market Industry Analysis Industry Growth Industry Trends Key Players Market Forecast Market Outlook

Global Adhesives and Sealants Market are a group of non-metallic compounds, which are used to bind the surfaces by means of adhesive bonding processes| Forencis Research (FSR).

Adhesives & Sealants Market: Summary

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 nonmetallic 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.

Download Report PDF Brochure of Global Adhesives and Sealants Markethttps://www.forencisresearch.com/mobile-artificial-intelligence-market-sample-pdf/

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.

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.

Read Press Release of Global Adhesives and Sealants Market for More [email protected]  https://www.forencisresearch.com/mobile-artificial-intelligence-market/

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 andOthers
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America,with individual country-level analysis.

Purchase Global Adhesives and Sealants Market Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/mobile-artificial-intelligence-market-purchase-now/

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

To Purchase this Premium Report Click Here @ https://www.forencisresearch.com/adhesives-sealants-market-purchase-now/

By Region

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific

North America

  • US
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Middle East & Africa

  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Click here to know Global Adhesives and Sealants Market  @ https://www.forencisresearch.com/mobile-artificial-intelligence-market-request-methodology/

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: [email protected]

For more market research insights, please visit  https://www.forencisresearch.com

Categories
MARKET REPORT

Adhesives and Sealants Market Size, Growth, Trends and Forecast Report 2026

The global adhesives & sealants market was valued at US$ 58,153.1 Mn in 2017 and is anticipated to expand at a CAGR of 5.1% from 2018 to 2026, according to a new report titled ‘Adhesives & Sealants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global adhesives & sealants market is driven by the rise in building and construction activities across the globe.

Rise in Demand for Adhesives & Sealants from Building & Construction Industry to Drive Market

The global adhesives & sealants market is primarily driven by advancements in the building & construction industry. Rise in the number of upcoming commercial building projects, especially in Asia Pacific and Middle East & Africa, is anticipated to propel the adhesives & sealants market in these regions. The residential and non-residential construction sectors in the U.S. has been expanding in the last few years.

This trend is likely to continue during the forecast period. The residential construction sector in the U.S. experienced year-on-year growth of 10.52% in 2016 and 10.58% in 2017. The non-residential construction sector expanded by 7.71% from 2015 to 2016. Construction of health care, commercial, and office buildings have increased in the country. The housing industry in the U.S. is estimated to expand at a rapid pace in the near future. New York, Houston, Los Angeles, and Chicago are projected to represent 20% of total construction output in the U.S. by 2026. India is expected to become the third leading construction industry in the world by 2026.

Implementation of Stringent Environmental Regulations Related to VOC Emission to Restrain Market 

Volatile organic compound (VOC) emissions during the use of adhesives pose a threat to the environment. Several countries have set guidelines restricting the amount of VOCs emitted during the usage of adhesives, especially for solvent-based adhesives, in industries. Manufacturing operations are bound by rules and regulations regarding evaluation, registration, storage, usage, handling, and transportation of certain substances and their emissions, effluents, and other wastes. Violation of these regulations is expected to lead to legal compromise future business activities of the company.

These environmental regulations restrain the demand for solvent-based adhesives in packaging and printing industries, as heavy penalties and losses can be incurred due to violation of these government regulations. Therefore, most market players are shifting from solvent-based adhesives to water-based adhesives. Rapid industrialization and urbanization has increased air pollution, which has affected the health of people across the globe. Several developing and developed countries such as the U.S., India, and China are facing pressure from domestic and international regulatory bodies to formulate regulations to control VOC emission and reduce pollution.

Acrylics Segment to Dominate Global Adhesives & Sealants Market

Based on resin, the adhesives market has been segmented into acrylics, epoxy, poly vinyl acetate (PVA), polyurethane (PU), styrenic block, ethyl vinly acetate (EVA), and other resins such as silicone, polyester, and fluoropolymer. In terms of resin, the sealants market has been segregated into acrylics, epoxy, poly vinyl acetate (PVA), polyurethane (PU), silicone, and others such as polyester and fluoropolymer.

The acrylic segment dominated the adhesives market. Acrylic resins are extensively being used in the production of heat resistant, water-based, and UV curing adhesives. Additionally, resins have robust bonding characteristics, fast setting time, and good environmental resistance.

The acrylic segment of the sealants market is anticipated to expand at a rapid pace during the forecast period. Favorable physical properties such as good peel, impact, and tensile lap shear strengths are driving the demand for acrylic sealants. Excellent adhesion properties exhibited on substrates such as steel and aluminum are expected to boost their demand in automotive, consumer, and construction industries.

Water-based Segment to Drive Adhesives Market

In terms of technology, the adhesives market has been classified into water-based, solvent-based, hot melt, and reactive and others, which includes powder-based and oil-based. The water-based segment of the adhesives market is estimated to expand at a rapid pace during the forecast period due to their eco-friendly nature. Water-borne adhesives meet the standards imposed by the U.S. and European Union regarding VOC emissions. In addition to low toxicity, their high water content makes water-based adhesives less flammable and reduces hazardous waste.

Automotive & Transportation Segment Dominates Adhesives & Sealants Market

Based on application, the adhesives market has been divided into paper & packaging, building & construction, woodworking, automotive & transportation, consumer/DYI, leather & footwear, and others such as electronics and marine. The sealants market has been split into building & construction, automotive & transportation, consumer, others, which include industrial, woodworking, packaging, and electronics.

The global automotive industry is replacing welding of engine parts assembly with adhesives and sealants to reduce the weight of the vehicle. Reduction in vehicle weight increases fuel efficiency. Automobile manufacturers are using adhesives and sealants to bond and seal vehicles’ interiors, exteriors, under-the-hood, under-chassis, and other related parts. Most major manufacturers of automobiles across the world use adhesives based on epoxy resins, as they provide strong and durable bond of dissimilar materials. 

Asia Pacific Dominates Global Adhesives & Sealants Market

In terms of region, the global adhesives & sealants market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Based on consumption, Asia Pacific is expected to create lucrative opportunities in the adhesives & sealants market during the forecast period. The market in Asia Pacific, especially China and India, is expanding significantly. This, in turn, is boosting the demand for building and construction materials such as adhesives & sealants.

Demand for adhesives & sealants in North America is driven by the presence of a large number of end-use industries and rising construction spending in the U.S. Moreover, easy availability of raw materials in the form of shale gas and numerous strategic initiatives adopted by companies such as 3M, BASF, and Avery Denison is expected to fuel demand during the forecast period.

To obtain all-inclusive information on forecast analysis of Adhesives & Sealants Market, request a PDF brochure here.

High Degree of Competition among Market Players

High degree of competition exists among market players operating in the adhesives & sealants market. The market is dominated by a few major players and is moderately consolidated. Key players operating in the adhesives & sealants market include Henkel AG and Co. KGaA, Sika AG., Bostik SA, RPM International Inc., KCC Corporation, H.B. Fuller Company, The 3M Company, Illinois Tool Works Inc., Avery Dennison Corporation, Huntsman International LLC., DowDuPont Inc., Ashland, and Akzo Nobel N.V.