The global adhesives and sealants market is profiled in great detail in the research report, providing readers with a comprehensive overview of the market through its historical growth trajectory, present conditions, and future growth prospects. The historical stats of the Adhesives And Sealants Market Growth are detailed in the report, in order to provide readers with a complete overview of the market’s historical growth trajectory. The historical stats provided in the report also give analysts a solid platform to base future projections about the market. Based on this platform, future projections for the adhesives and sealants market’s growth trajectory over the forecast period are provided in the report. The leading players in the global adhesives and sealants market are also profiled in the report in order to give readers a comprehensive analysis of the leading players in the global adhesives and sealants market. is projected to be worth USD 90 Billion by 2030, registering a CAGR of 7% during the forecast period (2023 - 2030), The market was valued at USD 63.75 billion in 2021.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/792
Adhesives and sealants are used in a wide range of industries to bind two substances together. Sealants are mainly used to block the movement of fluids through surface interfaces, whereas adhesives are mainly used to hold two surfaces together. The growing automotive and construction industries are likely to be a major driver for the global adhesives and sealants market over the forecast period. The construction industry uses adhesives and sealants in numerous applications, including carpet laying, flooring underlayment, countertop lamination, and ceramic tiles, among others. The growing residential construction industry in emerging economies is likely to be a major driver for the global adhesives and sealants market over the forecast period. Countries such as India and China are likely to remain at the forefront of the adhesives and sealants market over the forecast period due to the growing residential construction industry in the two countries. The automotive industry is also a major consumer of adhesives and sealants in order to provide a foolproof product to consumers.
The packaging and furniture industries are also likely to be major consumers of adhesives and sealants over the forecast period. The growing demand for online deliveries has driven the demand from the packaging industry in recent years. This has driven the demand for pressure-sensitive adhesive products at a robust rate. The furniture industry also uses high-grade adhesives in high volumes to ensure the structural integrity of the furniture products. This is also likely to be a major driver for the global adhesives and sealants market, as the growing residential and commercial construction industry has driven the demand for furniture products.
Competitive Leaderboard:
Leading players in the global adhesives and sealants market include
Henkel AG & Co. KGaA
H. B. Fuller Company
Ellsworth Adhesives
Eastman Chemical Company
The Dow Chemical Company
BOSTIK SA
Beardow Adams
Avery Dennison Corporation
Ashland
and 3M.
Regional Analysis:
Asia Pacific holds a dominant share in the global adhesives and sealants market due to the growing consumption of acrylic adhesives in pressure sensitive, construction, automotive, and other applications. The growing construction and automotive industries in Asia Pacific are likely to remain a major driver for the global adhesives and sealants market over the forecast period.
Segmental Analysis
The segment assessment of the global adhesives and sealants market is based on application, technology, and product.
The technology-based segments of the global Adhesives and Sealants Market Survey Data are hot melt, water, solvent, and reactively based segments. The growing popularity of water-based adhesives and sealants and the introduction of advanced technologies contributing to their production can support the market rise in the year to come. The rise in pressure sensitive applications of water-based adhesives and sealants can prompt the market rise in the years to come.
The product-based segments of the adhesive and sealant market are acrylic, polyvinyl acetate, polyurethane, and epoxy among others. The acrylic segment can secure decent share of the worldwide adhesives and sealant market. The extensive utility of acrylic adhesive and sealants for grouting, caulking, embedding, and jointing in the construction sector can underpin the market augmentation. The polyurethane segment is set to surge at high CAGR through the review period as the upscaling demand for adhesive and sealant in automotive, packaging, and construction sectors.
The application-based segments of the adhesive and sealant market are automotive, pressure sensitive, packaging, construction, and furniture among others. The pressure sensitive segment is expected to lead the adhesive and sealant market in the near future. The growing application of adhesives in tapes or labels for increase in non-structural applications can benefit the market in the near future. In the construction industry, the increase in the utility of adhesive and sealants in flooring carpet laying, underlayment, countertop lamination, and ceramic tile among others, is expected to generate considerable revenue for the market.
About Market Research Future -
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Edibles.
MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with the technology and work process of the industry, MRFR often plans to conduct meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone: +1 628 258 0071(US) +44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
