Adhesives & Sealants Market Size to Reach Revenues of USD 70,575.75 Million by 2026 - Arizton

CHICAGO, Sept. 13, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global adhesives and sealants market report.

The adhesives and sealants market is expected to grow at a CAGR of over 5.89% during the period 2020−2026.

Key Highlights Offered in the Report:  

1. Growing environmental concerns are driving the demand for bio-based adhesives and sealants. Many green adhesives and sealants are now available with more than 50% renewable content.
2. Volatile prices of raw materials, regulations by regulatory bodies, and environmental concerns are certain factors that will impede the consumption of adhesives and sealants.
3. Solvent based adhesives will face outlash due to presence of harmful VOCs, while the waterborne adhesives will emerge as the largest sub segment owing to superior characteristics such as flexibility, non-toxicity, and ease of applications etc.
4. Sectors such as paperboard packaging, building and construction will emerge as major consumers of adhesives and sealants. Factors such as fast-paced consumer lifestyle and technological advances will drive the demand for flexible packaging, e-commerce packaging, food, and beverage packaging.
5. APAC emerged as the largest market for adhesives and sealants which is expected to grow at a CAGR of more than 5.84% in the forecast period. The presence of emerging economies such as India, China, and Indonesia in APAC will drive the demand for adhesives and sealants.
6. In 2020, Europe was the second-largest consumer market for adhesives and sealants. The significant presence of global automotive and transportation manufacturers and electronics industry drives the demand for adhesives and sealants in the region.

Key Offerings:

• Market Size & Forecast by Revenue | 2020−2026
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by type, technology, structure type, end user application, and geography
• Competitive Landscape – 5 key vendors and 22 other vendors

Get your sample today! https://www.arizton.com/market-reports/adhesives-and-sealants-market-size-analysis 

Adhesives & Sealants Market – Segmentation

• Water-based adhesives constituted the maximum share in the global adhesives market. The water-based adhesives segment in the market was valued at USD 19,110.68 million in 2020. The almost negligible emissions of VOCs from water-based adhesives have made them an environment-friendly solution and contributed to the growth of the segment.
• Pressure-sensitive adhesives (PSAs) are tacky at ambient temperature, i.e., they do not require water, solvent, heat, or any other agent for activation. PSAs are capable of adhering with ease through the application of light pressure and may be removable, permanent, or even semi-permanent.
• Silicone-based sealants have an excellent low-temperature movement capability and outstanding UV and heat stability. Although Acetoxy chemistry-based silicone sealants have a strong odor, the newer chemistries have relatively lower odor levels. Silicone sealants are available as high, medium, and low modulus and may stain some natural stones without primers.

Adhesives & Sealants Market by Type

• Adhesives
• Sealants

Adhesives Market by Technology

• Water Based
• Solvent Based
• Hot Melt
• Reactive
• Pressure Sensitive
• Other

Sealants Market by Structure Type

• Silicone
• PU
• Acrylic
• Polysulfide
• Butyl
• Plastisol
• Others

Adhesives & Sealants Market by End-User Application

• Paper and Packaging
• Building and Construction
• Woodwork and Joinery
• Transportation
• Consumer/DIY
• Footwear and Leather
• Others

Adhesives & Sealants Market – Dynamics

Adhesives and sealants are used to assemble and add value to finished products in numerous industries, such as aerospace and defense, paper and packaging, construction, manufacturing, and transportation. Different types of adhesives and sealants such as polyurethane (PU), polyamides (PA), epoxies (EP), ethylene-vinyl acetate-copolymers (EVA), and silicones are used for daily or industrial applications. Silicone-derived adhesives and sealants have a major market share due to several favorable properties, such as good adhesion and UV resistance, durability, elasticity, and versatility. However, attributes such as poor biodegradability and scarce availability have accelerated the demand for bio-based substitutes. The production of adhesives and sealants has involved the use of fossil fuels as a key raw material for a long time now. The growing demand for adhesives, sealants, and fossil fuel derivatives will impact the environment in terms of sustainability and a green future.

Key Drivers and Trends fueling Market Growth:

• Rising Demand in the APAC Countries
• Increasing Use of Sealants and Adhesives in Healthcare Industry
• Surging Demand from Building & Construction Industry
• High Demand from Packaging Industry

Adhesives & Sealants Market – Geography

In 2020, the global adhesives and sealants market was valued at USD 61.44 billion. The market is projected to grow at a CAGR of 5.69% during the forecast period. In the same year, the paper and packaging end-use segment had the highest consumption of adhesives and sealants and accounted for a revenue share of around USD 22.24 billion. APAC has emerged as the leading consumer of adhesives and sealants owing to the rising population, developing economies, and increasing pace of urbanization. Countries such as China and India are prominent markets in this region. The rising frequency of construction activities and growing demand from industries such as healthcare and electronics will drive the growth of the regional market. The National Bureau of Statistics of China reported that China had emerged as the largest construction market in the world in 2020. Also, in 2020, the construction industry in China was valued at USD 1.05 trillion and is expected to maintain a steady CAGR of 5%. By 2021, China's construction industry will be valued at USD 1.18 trillion, ensuring tremendous growth for the adhesives and sealants market in APAC.

Get your sample today! https://www.arizton.com/market-reports/adhesives-and-sealants-market-size-analysis 

Adhesives & Sealants Market by Geography

• APAC
• China
• India
• South Korea
• Japan
• Indonesia
• Europe
• Germany
• Italy
• France
• Russia
• UK
• Turkey
• North America
• US
• Canada
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• UAE

Major Vendors

• Henkel
• H.B. Fuller
• Arkema S.A.
• Avery Dennison
• 3M

Other Prominent Vendors

• Sika AG
• Huntsman Corporation
• RPM International Inc.
• Pidilite Industries Ltd.
• Dow Chemical Company
• Evonik Industries AG
• Beardow Adams
• Franklin International
• Wacker Chemie AG
• ITW
• DuPont
• Lintec Corporation
• Ashland Global
• Eastman Chemical Company
• Delo Industrial Adhesives
• Jowat SE
• General Sealants Inc.
• Berry Global, Inc.
• Chemence
• Dymax
• Hexcel Corporation
• Master Bond

Explore our chemical & materials profile to know more about the industry.

Read some of the top-selling reports:

• Hot Melt Adhesives Market - Global Outlook and Forecast 2021-2026
• Surfactants Market - Global Outlook and Forecast 2021-2026
• Floor Sealer and Finisher Market - Global Outlook & Forecast 2021-2026
• Industrial Adhesives Market - Global Outlook and Forecast 2020-2025

About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com 
Call: +1-312-235-2040 
          +1 302 469 0707

Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg