Adhesives and Sealants Market to Witness Comprehensive Growth by 2027

Precedence Research a new report on adhesives and sealants market size, share, growth, industry trends, and forecast 2027, covering various industry elements and growth trends helpful for predicting the market’s future. The global adhesives and sealants market is projected to reach US$ 44.1 billion by 2027, registering a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2022 to 2027.

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Adhesives and Sealants Market Growth Factors:

Rising trend of lightweight and low CO2 emitting vehicles supported by strict government regulations for environmental protection considered as the key factor that drives the market growth of adhesives and sealants. Automotive is one of the largest end-use industries of adhesives and sealants. Contribution of adhesives & sealants towards weight reduction of vehicles considered as the key factor that improves the fuel efficiency and limit the vehicle emission. Adhesives proved as a boon for OEMs (Original Equipment Manufacturers) in reducing weight of an automobile and meeting with stringent environmental regulations for CO2 emissions.

However, North America and Europe have strict regulations regarding the production of petro-based and chemical products. Agencies such as the European Commission (EC) and Epoxy Resin Committee (ERC) govern the manufacturing of solvent-based products in these regions. This affects the production capabilities of manufacturers and compels them to focus more towards eco-friendly adhesives for example water-based adhesives.

Adhesives and Sealants Market Report Scope 

The global adhesives and sealants market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2027. The report offers a detailed analysis and information as per adhesives and sealants, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

adhesives and sealants Market Report Highlights

• Based on region, the Asia Pacific adhesives market anticipated to register the highest growth over the forthcoming years and also a front-runner in the sealants market in 2019
• Europe considered as a significant market for adhesives because of a hub of large number of automobile manufacturers in the region
• In reference to sealants market, North America examined as the largest region with a revenue share of nearly 23% attributed to the increased spending in the construction sector
• Water-based technology led the adhesives market accounting for nearly 50% of the volume in the year 2019
• Hot melt technology expected to witness a growth rate of approximately 6% over the analysis period because of its excellent properties
• Pressure sensitive applications of adhesives captured prominent value share of nearly 30% in 2019 due to prominent demand for automotive interior trim assembly, pressure sensitive tapes, and many other applications
• The automotive adhesives predicted to register the highest growth over the forecast period owing to technological advancements that helped to reduce the overall weight of vehicles

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Some of the prominent players in the adhesives and sealants market include:

• B. Fuller Company
• 3M Company
• Avery Dennison Corporation
• Dow Chemical Company
• Bostik SA
• BASF AG
• Uniseal Inc
• ND Industries Inc.
• Beardow & Adams Adhesives Inc.
• Ashland Inc.
• Momentive Specialty Chemicals Inc.
• Eastman Chemical Company
• Sika AG

Adhesives and Sealants market Segmentation

By Adhesives Product

• PVA
• Epoxy
• Acrylic
• Styrenic block
• Polyurethanes
• EVA
• Others

By Adhesives Technology

• Solvent based
• Water based
• Hot melt
• Reactive & Other

By Adhesives Application

• Packaging
• Pressure Sensitive Applications
• Furniture
• Construction
• Footwear
• Automotive
• Others

By Sealants Product

• Polyurethane [PU]
• Silicone
• Acrylic
• Polyvinyl Acetate [PVA]
• Others

By Sealants Application

• Automotive
• Construction
• Assembly
• Packaging
• Consumers
• Pressure Sensitive Tapes
• Others

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

• What are the key factors influencing the adhesives and sealants market in each region?
• How much value will the global market generate by the end of the forecast period?
• What will be the CAGR of the global market between 2021 and 2027?
• What would be the Y-o-Y growth trend of the global market between 2021 and 2027?
• What is the future scope and current trends in technologies of the global market?
• What is the revenue of the global market based on segments?
• Which key strategies are used by top players of the global market?
• Which are the leading companies in the global market?
• What are the essential strategies by key stakeholders in the market to expand their geographic presence?
• What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global adhesives and sealants market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global adhesives and sealants market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global adhesives and sealants market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2027 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global adhesives and sealants market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for adhesives and sealants are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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