The global adhesives and sealants market to grow at a CAGR of 5.06% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global adhesives and sealants market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of adhesives and sealants in building and construction, paper and packaging, transportation, leather and footwear, furniture, and other industries. The report also includes a discussion of the key vendors operating in this market.
Adhesives and sealants are differentiated by the type of bonding involved, especially by their physical and chemical mechanisms. Adhesives cover a broad segment, which includes materials such as glue, cement, mucilage, and others. It consists of polymers that help in hardening due to chemical or physical reactions.
Growing demand for specialty adhesives and sealants will be one of the major trends in the market. According to the report, the high growth of reactive technology-based products will be one of the major factors that will drive the growth of the market. Further, the report states that threat from VOC emissions will be one of the major challenges influencing market growth.