Global adhesives & sealants market

Increasing requirement of substituting the traditional methods of wielding to the new methods which have better capacity and attachment capability is also creating opportunities for the business growth over the forecast time frame.

Growing preference and emergence of cars that are light in weight, and which can consume less fuel owing to the scarcity of fuel that is rising across the globe as well as slow paced emergence of other form of energies such as solar, electricity, bio fuels and others that will cause less harm to the environment in form of low pollution, less emission of the green house gases, reduction in carbon foot prints that is caused by the moving vehicles on road everyday are the major factors that are fueling the growth of global adhesives & sealants market over the forecast time frame. Moreover, rapid growth in the automotive sector especially in the Asia Pacific region mainly due to rising people’s disposable incomes, increasing population and emergence of electric cars and other vehicles are also contributing to the market growth over the analysis time frame.

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The adhesives & sealants also have several uses in the tiling industry, hence countries like India and China, who are witnessing a speedy growth of construction and renovation activities due to rising population, rapid urbanization and industrialization as well as increasing demand for houses, hospitals, schools and other types of infrastructures in the region, which is further creating opportunities for the growth of global adhesives & sealants market in the coming years.

Further, efforts taken by government in the forms of regulatory norms of using light weight compounds in the vehicles and other manufacturing activities is also creating positive impact on the growth of global adhesives & sealants market in the coming years. However, rising prevalence of COVID-19 has caused disruption in the industry growth in the recent times.

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Global leaders in this market include 3M, Ashland, Avery Dennison Corporation, BASF, Beardow & Adams (Adhesives) Ltd, Bostik, Dow Chemical Company, Eastman Chemical Company, Ellsworth Adhesives, H.B Fuller Company, Henkel, and Momentive Specialty Chemical Inc. However, volatility in the prices is still the major concern for the global players. R&D activities are currently more focused on finishing techniques than the creation of new pigment molecules.

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Key segments across Adhesives & Sealants market

Technology Overview, 2018-2025, (USD Million) (Kilo Tons)
Water-Based
Hot Melt
Solvent-Based
Others
Applications Overview, 2018-2025, (USD Million) (Kilo Tons)
Pressure Sensitive Applications
Construction
Furniture
Automotive
Others
Regional Overview, 2018-2025, (USD Million) (Kilo Tons)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
What does the report include?

The study on the global Adhesives & Sealants includes qualitative factors such as drivers, restraints, and opportunities.
The study covers the competitive landscape of existing/prospective players in the industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented on the basis of Technology and application. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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