Adhesives and Sealants Market Size, Growth Trends, Revenue, Future Plans and Forecast 2029


Posted August 8, 2023 by nirankammr

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:

The purpose of this study is to provide a thorough examination of the Adhesives and Sealants Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Adhesives and Sealants market’s growth. The study also offers a comprehensive analysis of the market’s value chain.

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Market Scope:

The research method used to assess and anticipate the Adhesives and Sealants market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Adhesives and Sealants market was calculated using the revenue of significant enterprises.

Adhesives and Sealants Market Drivers:

The growing population and urbanization are the factors which are driving the residential construction segment in developing countries such as China, India, Indonesia, Vietnam, Brazil, and Mexico. There is an increasing demand for permanent houses in these countries, which, in turn, is driving the demand for adhesives & sealants. There are various applications of adhesives & sealants in the construction industry, such as carpet, tiling, wallpapers, and exterior insulation systems. Adhesives & sealants are also used to hold curtain wall panels and insulating glass units in place.

In addition, various product innovations, such as the development of water-based adhesives and organic solvents that are environment-friendly and exhibit higher bonding strength, are contributing to the market growth. The increasing requirement for adhesives and sealants for bonding dissimilar materials is also boosting the market growth. These binding agents are rapidly replacing mechanical fasteners, such as welds, screws, rivets, gaskets and fasteners, thereby enabling the product manufacturers to produce lightweight and compact components.

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Adhesives and Sealants Market Segmentation:

by Technology

• Water-based
• Solvent-Based
• Hot melt
• Reactive

by Product

• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others

by Application

• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others

Adhesives and Sealants Market Key Players:

The major players covered in the Adhesives and Sealants market report are

• 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

Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

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COVID-19 Impact Analysis on Adhesives and Sealants Market:


Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Adhesives and Sealants market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Adhesives and Sealants industry, which is driving through the COVID-19 emergency to handle risk digitizing jobs in order to convey trusted data and experiences to the CEOs.

Key Questions Answered in the Adhesives and Sealants Market Report are:

Which segment grabbed the largest share in the Adhesives and Sealants market?
How was the competitive scenario of the Adhesives and Sealants market in 2020?
Which are the key factors responsible for the Adhesives and Sealants market growth?
Which region held the maximum share in the Adhesives and Sealants market in 2020?
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags adhesives and sealants market , adhesives and sealants market size , adhesives and sealants market share
Last Updated August 8, 2023