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Global adhesives & sealants market explored in latest research

Global adhesives & sealants market explored in latest research

Global Adhesives and Sealants Market accounted for USD 49.52 billion in 2016 and is projected to grow at a CAGR of 5.12% during the forecast period of 2017 to 2024.

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Years considered for this report:

  • Historical Years: 2014-2015
  • Base Year: 2016
  • Estimated Year: 2017
  • Forecast Period: 2017–2024

Market Definition: Global Adhesives & Sealants Market

Adhesives is a substance that bond the surfaces together or makes thing stick firmly whereas sealants is used to block the passage of fluid or can be used as a hard coating on a permeable surface. This can be applied to construction, paper & packaging, building & construction, consumer sealants, transportation and others.

Major Market Drivers: 

  • Rising demand of adhesives and sealants
  • More of technological advancement
  • Increasing preference towards hot melt adhesives

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Market Restraint               

  • Variability in raw material prices

Top Competitors

3M, Henkel AG & Co.

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KGaA, Arkema, H.B. Fuller Company, Bostik, The Dow Chemical Company, Sika AG, Illinois Tool Works Inc., DAP Products Inc., AVERY DENNISON CORPORATION, Royal Adhesives & Sealants  and Franklin International among others.

Market Segmentation: 

On the basis of formulating technology, the global adhesives market is segmented into water based, solvent based, hot melt, reactive and others.

On the basis of chemistry, the global adhesives market is segmented into water based, solvent based, hot melt, reactive and others. Water based adhesives is sub segmented into Polyvinyl Acetate (PVA) Emulsion, Vinyl Acetate Ethylene (VAE) Emulsion, PAE Emulsion and others.

Other types of water based adhesives are polyurethane dispersion and water-based rubber. Solvent based adhesives are sub segmented into Styrene Butadiene, Styrene Rubber (SBSR), Polyvinyl Acetate (PVA), Polyamide and Chloroprene Rubber (CR) and other.

Hot melt adhesives is sub segmented into Ethylene-vinyl acetate (EVA), Copolyamides (COPAS), Styrenic Block Copolymers (SBC), Polyurethanes and Amorphous Poly Alpha Olefins (APAOS). Other types of chemistry related to adhesives are Copolyesters (COPES) adhesives, Metallocene Pe & Metallocene PP and Reactive Hot-Melts (RHMS) adhesives.

On the basis of application, the global adhesives market is paper & packaging, woodworking, building & construction, leather & footwear, transportation, consumer adhesives and others.

On the basis of resin type, the global sealants market is segmented into silicone, plastisol, emulsion, polyurethane, polysulfide, butyl and other synthetic & semi-synthetic resins.

On the basis of application, the global sealants market is segmented into construction, consumer sealants, transportation and others.

On the basis of geography, the global adhesives and sealants market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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