The Latin America sealants and adhesives market is aided by the global market, which is further expected to attain a value of USD 72 billion by 2024, growing at a CAGR of 3.7% in the forecast period of 2019-2024.

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Competitive Landscape & Supplier Analysis:

1. Henkel AG & Company, KGaA
2. H.B. Fuller Company
3. Arkema Inc.
4. Sika AG
5. Wacker Chemie AG
6. Evonik Chemicals Limited
7. Poliplás Selantes e Adesivo Ltda
8. Cabot Corporation
9. Saint-Gobain S.A
10. Others

The Latin America sealants and adhesives market is majorly driven by the sealants and adhesives market in Brazil, which is the leading market for sealants and adhesives in the region. Brazil is followed by Colombia and Argentina, where the industry is witnessing further expansions. The Latin America market is being supported by the growth of the automotive sector in the region. The developing electric vehicle industry could serve as a driver for the domestic sealants and adhesive sector growth in the Latin America region.

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In June 2019, Henkel AG & Company (OTCMKTS: HENKY) announced that the company is going to expand its business in Brazil. Due to the growing market in Latin America, the company saw the potential to expand its portfolio in the region. Another key player, Saint-Gobain S.A, also believes that Latin America is a potential high growth market for sealants and adhesives with the expected government-funded infrastructural growth in the coming years.

Latin America Adhesives Market Analysis:

1. Reactive Systems
2. Solvent Based
3. Pressure Sensitive
4. Water Based
5. Hot Melt
6. Others

Adhesives are broadly split into reactive systems, solvent-based, pressure sensitive, water based, and hot melt.

Reactive Systems

1. Epoxy
2. Polyurethane
3. Others

Reactive systems are further categorised into epoxy, polyurethane, and others.

Solvent Based

1. Vinyl Acetate
2. PVA (Polyvinyl Acetate)
3. Rubber
4. Others

Solvent-based adhesives include vinyl acetate, PVA (Polyvinyl Acetate), and rubber, and others.

Pressure Sensitive

1. Acryl
2. Rubber
3. Others

Pressure sensitive adhesive type is further divided into acryl, and rubber types, and others.

Water Based

1. Acryl Emulsion
2. Vinyl Acetate
3. Others

Water-based adhesives include acryl emulsion and vinyl acetate.

Hot Melt

1. EVA (Ethylene Vinyl Acetate)
2. Rubber
3. Others

The hot melt category can be divided as EVA (Ethylene Vinyl Acetate) and rubber.

Others

Latin America Sealants Market Analysis:

1. Silicones
2. Acrylic
3. Butyls
4. Polysulphides
5. Polyurethanes
6. Others

The major types of sealants are silicones, polysulphides, acrylic, butyls, and polyurethanes, among others.

Latin America Adhesives Market End-Use:

1. Paper, Board and Related products
2. Building, Construction, Civil Engineering, Craftsmen
3. Woodworking and Joinery
4. Transportation
5. Footwear and Leather
6. Consumer/DIY
7. Assembly Operations
8. Others

The major end uses for adhesives include paper, board and related products, civil engineering, building, footwear and leather, construction, craftsmen, woodworking and joinery, transportation, consumer/DIY, and assembly operations, among others.

Latin America Sealents Market End-Use:

1. Construction (Incl. Insulating Glass, Glazing)
2. Consumer/DIY
3. Assembly
4. Transportation
5. Others

The major end uses for sealants include construction, consumer/DIY, assembly, and transportation, among others.

Latin America sealants and adhesives Market Analysis by Region:

1. Brazil
2. Argentina
3. Colombia
4. Mexico
5. Others

The major regions included in the Latin America sealants and adhesives market are Brazil, Argentina, Colombia, Mexico, and others.

Key Findings of the Report:

1. The Latin America sealants and adhesives market is being driven by the rising construction projects and automobiles production.
2. The rapidly increasing middle class population is adding to the increasing demand for sealants and adhesives.
3. With industrialisation, the infrastructure is also growing, thus, propelling the sealants and adhesives market in Latin America.
4. The Latin America sealants and adhesives market is being supported by the increasing demand for packaged products.
5. The cosmetics market, which is growing, is a major driving factor for the growth of the packaging industry.

Key Offerings of the Report:

1. The EMR report gives an in-depth insight into the historical (2014-2018) and forecast (2019-2024) markets of sealants and adhesives in Latin America.
2. The report provides a detailed analysis of the market for the periods 2014-2018 and 2019-2024 according to its types, end-use, and regions.
3. It also offers a detailed insight into the regional historical (2014-2018) and forecast (2019-2024) price trends of sealants and adhesives.
4. It provides a thorough analysis of the trade data, according to the major exporting and importing countries by their value and volume.

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