Adhesives and Sealants Market

An adhesive is a chemical mixture which binds two surfaces together to form a single unit, whereas a sealant is a semisolid material used to stop fluid leakage. Adhesives and sealants are prepared with same chemicals and technologies, and are used in a related set of applications. Although they are regarded as a single industry, their performance is different across end applications. Adhesives have greater shear and stability, which makes the material suitable for holding- and bonding-associated applications. On the other hand, sealants fill cracks and withstand relative movement of substrates. The expanding construction and automobile industry propels the surge in demand for Adhesives and sealants market. The rising demand from the packaging industry is also accelerating the market forward. In the transportation industry, adhesives and sealants are being used in the place of mechanical fasteners such as welds, rivets, screws and gaskets; this assists in the production of lightweight and compact vehicles at a relatively lower cost. The durability of the adhesive bond highly based on adhesive properties. It can support in controlling the strength of the bond. Furthermore, the glass building construction needs the use of sealants in the panels, for a strong structure. The market is majorly propelled by the significant growth and demand in the packaging industry owing to the immense demand and growth of the food and package industry. The rules and production of better biodegradable Adhesives and sealants market have a positive impact on the environment. On the other hand, the implementation of stringent government regulations associated to the environmental issues and VOC emissions, along with volatile raw material costs are few factors restraining growth of the market

Furthermore, the stringent regulations by the USEPA (the United States Environmental Protection Association), Europe’s Registration, Evaluation, Authorisation and Restrictions of Chemicals (REACH), Leadership in Energy and Environmental Design (LEED), and other regional regulatory authorities have driven adhesive & sealant manufacturers to make environmental-friendly products with low-VOC levels. The inclination towards more sustainable products has provided the manufacturers with major growth opportunities. There is a surging demand for eco-friendly or green buildings, which provides an opportunity for the development of green and sustainable adhesive solutions. Green adhesive solutions are prepared from renewable, recycled, remanufactured, or biodegradable materials; they are eco-friendly and offer health benefits to the occupants.

• The global Adhesives & Sealants Market is segregated on the basis of Adhesive Type as Acrylic, PVA, Polyurethanes, Styrenic Block Copolymers, Epoxy, EVA and Others. Based on Sealant Type the global Adhesives & Sealants Market is segmented in Acrylic, Silicone, Polyurethane, Butyl and Others. Based on Technology the global Adhesives & Sealants Market is segmented in Water-Based, Solvent-Based, Hot Melt, Reactive and Others. Based on Application the global Adhesives & Sealants Market is segmented in Paperboard and Packaging, Building and Construction, Transportation, Leather and Footwear, Furniture and Others.

The global Adhesives & Sealants Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Adhesives & Sealants Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Henkel AG and Co. KGaA, Sika AG, Arkema S.A. (Bostik), RPM International Inc., KCC Corporation and others are among the major players in the global Adhesives & Sealants Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In February 2020, Henkel has officially opened its new production facility in Kurkumbh, India, near Pune. With an investment of about $ 57 million, the business unit intends to cater the rising demand of Indian industries for high-end solutions in adhesives, sealants and surface treatment products. Designed as a Adhesives & Sealants, the new plant allows a wide array of Industry 4.0 operations and meets the highest standards for sustainability.
• In November 2020, H.B. Fuller has introduced Full-Care 5885 to meet industry’s surging demand for natural-based hygiene articles. This adhesive provides high value by integrating high-performance 100% cotton bonding at affordable cost in use.
• In March 2017, Dow Corning, the subdivision of The Dow Chemicals Company, extended its India operations by inaugurating SAHAYOG Building Solutions Center in Mumbai, India. SAHAYOG Building Solutions Center will offer project and technical support to their clients.

The global Adhesives & Sealants Market has been segmented as below:

Adhesives & Sealants Market, By Adhesive Type

• Acrylic
• PVA
• Polyurethanes
• Styrenic Block Copolymers
• Epoxy
• EVA
• Others

Adhesives & Sealants Market, By Sealant Type

• Acrylic
• Silicone
• Polyurethane
• Butyl
• Others

Adhesives & Sealants Market, By Technology

• Water-Based
• Solvent-Based
• Hot Melt
• Reactive
• Others

Adhesives & Sealants Market, By Application

• Paperboard and Packaging
• Building and Construction
• Transportation
• Leather and Footwear
• Furniture
• Others

Adhesives & Sealants Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Adhesives & Sealants Market, By Company

• Henkel AG and Co. KGaA
• Sika AG
• Arkema S.A. (Bostik)
• RPM International Inc.
• KCC Corporation
• H.B. Fuller Company
• 3M
• Illinois Tool Works Inc.
• Avery Dennison Corporation
• Huntsman International LLC
• Ashland Global Holdings Inc.
• Dow Inc.
• Permabond LLC
• Dymax Corporation
• MAPEI S.p.A.
• Parker Hannifin Corporation (Lord Corporation)
• Delo Industrie Klebstoffe GmbH & Co. KGaA
• Franklin International
• Jowat SE
• Uniseal Inc.
• Yokohama Industries Americas Inc.
• Master Bond

The report covers the below scope:

• Global Adhesives & Sealants Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Adhesives & Sealants Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Adhesives & Sealants Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Adhesives & Sealants Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Adhesives & Sealants Market share. Major industry players with significant revenue share include Henkel AG and Co. KGaA, Sika AG, Arkema S.A. (Bostik), RPM International Inc., KCC Corporation and others.

Why to Buy this Report:

• Gain detailed insights on the Adhesives & Sealants industry trends
• Find complete analysis on the market status
• Identify the Adhesives & Sealants Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Adhesives & Sealants Market, By Adhesive Type

5.1.      Key Points

5.2.  Acrylic

5.3.  PVA

5.4.  Polyurethanes

5.5.  Styrenic Block Copolymers

5.6.  Epoxy

5.7.  EVA

5.8. Others

6.    Adhesives & Sealants Market, By Sealant Type

6.1.      Key Points

6.2. Acrylic

6.3. Silicone

6.4. Polyurethane

6.5.  Butyl

6.6. Others

7.     Adhesives & Sealants Market, By Technology

7.1.      Key Points

7.2.  Water-Based

7.3.  Solvent-Based

7.4.  Hot Melt

7.5.  Reactive

7.6.  Others

8.    Adhesives & Sealants Market, By Application

8.1.      Key Points

8