Adhesives & Sealants Market by Adhesive Formulating Technology (Water-Based, Solvent-Based, Hot-Melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Butyl, Polysulfide), Application, Region - Global Forecast to 2024
[220 Pages Report] Adhesives and sealants have similar characteristics. They both adhere to and seal different surfaces together and are resistant to their operating environments. Their properties are highly dependent on how they are applied and processed. They are ideal for use in automobile & transportation, building & construction, packaging, and woodworking applications.
The adhesives & sealants market size was USD 56.4 billion in 2018 and is projected to register a CAGR of 4.6% during the forecast period to reach USD 73.8 billion, by 2024. Also, the market is estimated to be 19,577 kilotons in 2019 and is projected to reach 23,201 kilotons by 2024. Growth opportunities for the adhesives & sealants market are increasing due to the growing high-performance requirements for adhesive & sealants such as bonding dissimilar materials and substitution of synthetic substrates for traditional material. The growth of the market is supported by the increasing demand for construction and automobile applications, advancements in formulating technologies, and growing demand in the APAC region. In the automobile & transportation industry, adhesives and sealants are fast replacing mechanical fasteners such as welds, screws, rivets, gaskets, and fasteners, thus, allowing automakers to produce lightweight and compact vehicles at lower costs. In the building & construction industry, adhesives and sealants are being increasingly used for flooring, waterproofing, and plumbing.
The water-based adhesives segment to lead the adhesives market
The adhesives market is classified into water-based, solvent-based, hot-melt, and reactive and others based on formulating technology. Formulating technologies that do not emit VOC (volatile organic compounds) fumes are gaining prominence among adhesive manufacturers. Typical examples of such technologies are hot-melt, water-based, and solvent-free acrylic systems. The manufacturers also prefer these technologies as they save process time and investments. The adhesives market is witnessing a shift from solvent-based technology to water-based and hot-melt technologies in North America and Europe to minimize VOC emissions. The growing need for adhesives with low VOC content and eco-friendliness of these two technologies have fueled their demand in the global market.
The automotive & transportation segment to register the highest growth in the adhesives market during the forecast period.
Automotive & transportation is projected to register the fastest growth in the adhesives market during the forecast period. The rising demand for lightweight and fuel-efficient vehicles is expected to boost the demand for adhesives in the automotive & transportation industry.
By resin type, silicone to be the lead the market during the forecast period
Silicone sealants accounted for the largest share of the market in the resin type segment, in terms of value. They exhibit excellent resistance to UV radiation, ozone, and most chemicals, good thermal stability, low-temperature flexibility, and have long-term aging properties.
APAC to grow at the fastest rate during the forecast period.
APAC is projected to be the fastest-growing market, in terms of value during the forecast period. A huge and increasing population base and a shift in manufacturing from North America and Europe to APAC are driving the adhesives & sealants market in the region. APAC is projected to register the highest CAGR of 6.1% during the forecast period, in terms of value.
Market Dynamics
Driver: Growing trend of lightweight and low carbon-emitting vehicles
There is a growing trend of lightweight and low carbon-emitting vehicles supported by stringent environmental regulations. Automotive is one of the major end-use industries of adhesives and sealants. The weight reduction of vehicles is the key to improving fuel efficiency and limiting the emission of pollutants. Adhesives play an important role in supporting OEMs (original equipment manufacturers) in automobile weight reduction strategies and complying with stringent environmental regulations by keeping carbon emissions at a minimum level.
The use of adhesives and sealants helps manufacturers reduce vehicle weight and offer additional stiffness and rigidity to the bonded parts without compromising on the riding comfort. This helps increase the life of vehicles. Adhesives and sealants provide car manufacturers with the option of using thinner and more sustainable metal panels in making cars with lighter bodies. The weight reduction of vehicles results in lower fuel consumption and reduced carbon dioxide (CO2) emission
Restraint: Environmental regulations in North America and Europe
Europe and North America are strictly regulated by environmental laws regarding the production of chemical and petro-based products. Agencies such as Epoxy Resin Committee (ERC) and the European Commission (EC) are governing the manufacturing of solvent-based products in these regions. This is affecting the production capacities of manufacturers in the European and North American regions. Stringent environmental regulations are compelling the manufacturers to focus on producing eco-friendly adhesives such as water-based adhesives.
Opportunity: Industrial globalization acting as a potential change for market growth
Each region has a different level of effect in the adhesives & sealants market due to globalization. Mature markets have experienced the effects of globalization as labor-intensive industries are moving to lower-cost labor countries. This is apparent for applications such as footwear, textile manufacturing, general assembly (e.g., electronics, small machinery), and woodworking. The rapid pace of globalization, strong GDP growth, and a rise in manufacturing/industrial output represent key growth drivers in the adhesives & sealants market.
According to the WEF(World Economic Forum), globalization is encompassing free trade, increased foreign direct investment, and the international use of patents and copyrights, which has substantially reinforced the diffusion of knowledge and technology, generating positive effects through cross-pollination and advanced R&D. The increased international competition associated with globalization will also contribute to overall prosperity, as it strengthens incentives to adopt new technologies and to innovate. Thus, the growth brings the potential change to the adhesives & sealants market.
Challenge: Shifting rules and changing standards
The adhesives & sealants market undergoes frequent changes in terms of standards and rules. The Construction Products Regulation (CPR) implemented new regulations such as regulation (EU) No 305/2011 for the marketing of construction products in the EU. With the new regulations, the manufacturers have to bear the additional burden, in terms of labeling and paperwork, to demonstrate compliance and additional external test costs. There are additional substance alerts occurring on a regular basis focusing on biocides and waste packaging, which is leading to changes in regulatory standards. The adhesives and sealants manufacturers have to abide by the rules and changing standards for commercializing their products. This poses a challenge for manufacturers.
Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD Million) and Volume (Kiloton) |
|
Segments covered |
Adhesive formulating technology, sealant resin type, application, and region |
|
Geographies covered |
North America, Europe, APAC, the Middle East & Africa, and South America |
|
Companies covered |
Key market players including, |
The research report categorizes the Adhesives & Sealant Market to forecast the revenues and analyze the trends in each of the following sub-segments:
By formulating technology,
- Water-based
- Solvent-based
- Hot melt
- Reactive & Others
By application,
- Paper & Packaging
- Building & Construction
- Woodworking
- Consumer/DIY
- Automotive & Transportation
- Leather & Footwear
- Assembly
- Others (Sandwich Panel Manufacturing, Sports Equipment, Toys, Abrasives, Filters, and Flexible Materials)
By resin type,
- Silicone
- Polyurethane
- Plastisol
- Emulsion
- Polysulfide
- Butyl
- Others
By applications,
- Building & Construction
- Automotive & Transportation
- Consumer
- Others
By region,
- APAC
- China
- India
- Japan
- Taiwan
- Oceania
- South Korea
- Rest of APAC
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Turkey
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Iran
- Rest of the Middle East & Africa
Key Market Players
Henkel AG (Germany), H.B. Fuller (US), Sika AG (Switzerland), Arkema (France), 3M Company (US).
Recent Developments
- In September 2019, H. B. Fuller launched a new non-water whitening adhesive for a no-label look, Fulltak SE 8116, which offers excellent film clarity and superior non-water whitening performance. It enables customers to maintain package and brand integrity, even in wet and humid conditions.
- In July 2019, Master Bond launched epoxy adhesive for heat-sensitive components, Master Bond Supreme 3CCM-85, a combination of thermal conductivity and electrical insulation properties. It is a new single-component epoxy, initially designed for glob top and chip coating applications.
- In May 2019, the company launched a solvent-free anisotropic conductive adhesive for RFID Chips. The product is applied by innovative jetting technologies and also delivers improved performance with gold-bonded chips.
- In May 2019, Jowat SE launched a new product family in the Jowapur series of adhesives specialist for load-bearing glulam construction. The product has high initial strength and internal hold of the bond line that increases reliability during the curing of the adhesive in finger-jointing operations
- In April 2019, 3M expanded its adhesives portfolio for wearable medical devices. It added 3M 4075, extended-wear medical transfer adhesive that allows design engineers to use a variety of backings to its lineup of advanced adhesives for medical devices. It offers excellent initial skin adhesion with up to 14-day wear time, depending on the backing material used.
Critical questions the report answers:
- What are the opportunities for new market entrants?
- What will be the emerging applications of the adhesives & sealants market?
- Which segment or region will lead the market, and why?
Frequently Asked Questions (FAQ):
What are the factors Influencing the growth of adhesives & sealants?
Why adhesives & sealants are gaining market share?
What are the major end-use industry for adhesives & sealants?
Which end-use industry is estimated to register the highest CAGR?
Which resin type is estimated to register the highest CAGR of the overall adhesives & sealants?
Which technology is estimated to register the highest CAGR?
Who are the major manufacturers?
What is the biggest restraint for adhesives & sealants?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 22)
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Market Scope
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Unit Considered
1.5 Stakeholders
2 Research Methodology (Page No. - 25)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary (Page No. - 36)
4 Premium Insights (Page No. - 41)
4.1 Attractive Opportunities in the Adhesives & Sealants Market
4.2 Adhesives Market, By Formulating Technology
4.3 Adhesives Market, By Application
4.4 Sealants Market, By Resin Type
4.5 Sealants Market, By Application
4.6 Adhesives & Sealants Market, Developed vs Developing Countries
4.7 APAC: Adhesives Market, By Formulating Technology and Application
4.8 Adhesives & Sealants Market, By Country
5 Market Overview (Page No. - 46)
5.1 Introduction
5.1.1 Market Dynamics
5.1.2 Drivers
5.1.2.1 Growing Trend of Lightweight and Low Carbon-Emitting Vehicles
5.1.2.2 Increasing Demand for Adhesives and Sealants From the Building & Construction Industry
5.1.2.3 Shift in Preference to Hot-Melt Adhesives
5.1.2.4 High Demand for Adhesives and Sealants in APAC
5.1.3 Restraints
5.1.3.1 Environmental Regulations in North America and Europe
5.1.4 Opportunities
5.1.4.1 Industrial Globalization Acting as A Potential Change for Market Growth
5.1.4.2 Increasing Opportunities in the Indian Market
5.1.4.3 Increasing Demand for Non-Hazardous, Green, and Sustainable Adhesives
5.1.4.4 Development of Hybrid Resins for Manufacturing High-Performance Adhesives and Sealants
5.1.5 Challenges
5.1.5.1 Shifting Rules and Changing Standards
5.1.5.2 Global Sluggish Economic Growth
5.1.5.3 Trade Tension Between China and the Us
5.2 Porters Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Threat of Substitutes
5.2.3 Bargaining Power of Buyers
5.2.4 Bargaining Power of Suppliers
5.2.5 Intensity of Competitive Rivalry
5.3 Macroeconomic Indicators
5.3.1 Introduction
5.3.2 Trends and Forecast of GDP
5.3.3 Revenue of the Global Electrical & Electronics Industry
5.3.4 Trends in the Automotive Industry
5.3.5 Trends and Forecast in the Building & Construction Industry
5.3.6 Trends in the Footwear Industry
5.3.7 Trends in the Aerospace Industry
6 Emerging Technology: Hybrid Adhesives & Sealants (Page No. - 61)
6.1 Overview
6.1.1 Market Definition
6.1.2 Historical Development
6.1.3 Current Prospect
6.1.4 Future Growth Potential
7 Industry Megatrends (Page No. - 63)
7.1 Effects of Future Trends and Technology Disruption on Adhesive & Sealant Manufacturers
7.2 Automotive & Transportation
7.2.1 Electric Vehicles
7.2.2 Shared Mobility
7.2.3 Innovation in Batteries to Power Electric Vehicles
7.2.4 Revolutionary Transformation in Autonomous Driving
7.3 Aerospace
7.3.1 Ultralight and Light Aircraft
7.3.2 Continued Technological Advancement
7.3.3 Unmanned Aircraft Systems (UAS) Or Drones
7.4 Healthcare
7.4.1 Wearable Medical Devices
7.4.2 Microfluidics-Based Poc and Loc Diagnostic Devices for Laboratory Testing
7.5 Electronics
7.5.1 Digitalization
7.5.2 Artificial Intelligence
7.5.3 Augmented Reality
8 Adhesives Market, By Formulating Technology (Page No. - 68)
8.1 Introduction
8.2 Water-Based
8.2.1 PVA Emulsion Adhesives
8.2.2 PAE Emulsion Adhesives
8.2.3 VAE Emulsion Adhesives
8.2.4 Others
8.2.4.1 Polyurethane Dispersion Adhesives
8.2.4.2 Water-Based Rubber Adhesives
8.3 Solvent-Based
8.3.1 Styrene-Butadiene Styrene Rubber (SBSR) Adhesives
8.3.2 Chloroprene Rubber (CR) Adhesives
8.3.3 Polyvinyl Acetate (PVA) Adhesives
8.3.4 Polyamide Adhesives
8.3.5 Others
8.4 Hot-Melt
8.4.1 Eva Adhesives
8.4.2 Styrenic Block Copolymer (SBC)
8.4.3 Copolyamides (COPAS)
8.4.3.1 Properties
8.4.3.2 Applications
8.4.4 Amorphous Poly Alpha Olefins (APAOS)
8.4.4.1 Properties
8.4.4.2 Applications
8.4.5 Polyurethanes
8.4.5.1 Properties
8.4.5.2 Applications
8.4.6 Others
8.4.6.1 Copolyesters (COPES) Adhesives
8.4.6.1.1 Main Features & Characteristics
8.4.6.1.2 Applications
8.4.6.2 Reactive Hot-Melt (RHMS) Adhesives
8.4.6.2.1 Main Features & Characteristics
8.4.6.2.2 Applications
8.4.6.3 Metallocene Polyethylene & Metallocene Polypropylene
8.4.6.3.1 Main Features & Characteristics
8.4.6.3.2 Applications
8.5 Reactive & Others
8.5.1 Polyurethane Adhesives
8.5.2 Epoxy Adhesives
8.5.3 Cyanoacrylate Adhesives
8.5.4 Modified Acrylate & Methyl Methacrylate (MMA) Adhesives
8.5.5 Polysulfide Adhesives
8.5.6 Others
8.5.6.1 Formaldehyde-Based (Reactive-Based) Adhesives
8.5.6.2 Silicone
8.5.6.3 Polyester
8.5.6.4 Resorcinol
8.5.6.5 Phenolic
8.5.6.6 Bio-Based Adhesives
9 Adhesives Market, By Application (Page No. - 86)
9.1 Introduction
9.2 Paper & Packaging
9.2.1 High Demand for Flexible Packaging Impacts the Adhesives Market in APAC and the Middle East & Africa
9.3 Building & Construction
9.3.1 Development of Smart Cities and Mega Projects to Boost Market Growth
9.4 Woodworking
9.4.1 Furniture and Flooring Industries Will Increase the Demand for Woodworking Adhesives
9.5 Automotive & Transportation
9.5.1 Advancement in Electric Vehicles to Increase Adhesive Demand in the Automotive Industry
9.6 Consumer & Diy
9.6.1 Growing Awareness About Advantages of Adhesives is Likely to Increase Their Demand
9.7 Leather & Footwear
9.7.1 High Production of Footwear in Asia to Boost the Demand for Adhesives
9.8 Assembly
9.8.1 Manufacturing Sector is A Key Contributor to the Adhesives Industry
9.9 Others
10 Sealants Market, By Resin Type (Page No. - 105)
10.1 Introduction
10.2 Silicone
10.2.1 Better Flexibility and Longer Lifespan of Silicone Sealants
10.3 Polyurethane
10.3.1 Demand for Polyurethane Sealants in Automotive Application is Boosting Their Demand
10.4 Plastisol
10.4.1 High Growth in Several Emerging Economies to Aid Market Growth
10.5 Emulsion
10.5.1 The Growth of the Construction Sector is Favorable for the Market
10.6 Polysulfide
10.6.1 Competitive Sealants Hampering the Polysulfide Sealant Market Growth
10.7 Butyl
10.7.1 Higher Stability Against Oxidation
10.8 Others
11 Sealants Market, By Application (Page No. - 115)
11.1 Introduction
11.2 Building & Construction
11.2.1 Investments in New Constructions and Infrastructures to Positively Impact Economic Development
11.3 Automotive & Transportation
11.3.1 Growing Transportation Industry to Help the Sealants Market to Grow
11.4 Consumer
11.4.1 Use of Sealants Renders Outstanding Durability and Aesthetic Appeal
11.5 Others
12 Adhesives & Sealants Market, By Region (Page No. - 122)
12.1 Introduction
12.2 APAC
12.2.1 China
12.2.1.1 The Growth of the Manufacturing and Maintenance Sectors is Favorable for the Market
12.2.2 Japan
12.2.2.1 Growing Demand for Economical, Lightweight, and Small Passenger Cars has Increased the Demand for Adhesives and Sealants
12.2.3 South Korea
12.2.3.1 Demand is Expected to Grow in Both the Commercial and General Aviation Segments
12.2.4 India
12.2.4.1 Governments Initiative to Boost the Countrys Economy is Contributing to the Market Growth
12.2.5 Oceania
12.2.5.1 The Booming Construction Sector is Expected to Drive the Market
12.2.6 Taiwan
12.2.6.1 Growth in Demand for Aircraft Parts Manufacturing is Likely to Impact the Market
12.2.7 Rest of APAC
12.3 North America
12.3.1 US
12.3.1.1 Presence of Manufacturing Facilities of Key Market Players, Strong Economic Sector, and Increasing Expenditure are the Key Market Drivers
12.3.2 Canada
12.3.2.1 The Market is Expected to Grow, Owing to A Full Range of Manufacturing Capabilities
12.3.3 Mexico
12.3.3.1 Growth in the Automotive and Construction Industries is Increasing the Use of Adhesives and Sealants
12.4 Europe
12.4.1 Germany
12.4.1.1 The Growing Domestic and International Consumer Market is Expected to Aid the Market Growth in the Near Future
12.4.2 France
12.4.2.1 The Aircraft Industry is Facing Challenges, Such as Low Labor Costs in Manufacturing and Maintenance Operations
12.4.3 Italy
12.4.3.1 Numerous Motor Manufacturing Companies are Shifting Their Production Facilities to the Country, Creating Growth Opportunities for the Adhesives & Sealants Market
12.4.4 UK
12.4.4.1 Growth in the Transportation and Construction Industries is Driving the Market
12.4.5 Russia
12.4.5.1 The Demand From Domestic and Regional Airline Services Will Impact the Growth of the Adhesives & Sealants Market
12.4.6 Turkey
12.4.6.1 Major Companies are Spending on Branding By Creating Awareness About Adhesives in the Country
12.4.7 Rest of Europe
12.5 South America
12.5.1 Brazil
12.5.1.1 The Country is One of the Fastest-Growing Manufacturing Hubs in the World
12.5.2 Argentina
12.5.2.1 Huge Investments Being Done By the Government to Modernize the Economy
12.5.3 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.1.1 Development in the Real Estate Sector has Increased the Demand for Residential Properties
12.6.2 Iran
12.6.2.1 New Technologies, Such as Electric and Cng Vehicles are Likely to Drive the Market
12.6.3 UAE
12.6.3.1 Growing Building & Construction, Woodworking, and Paper & Packaging Industries Will Impact the Growth of the Market
12.6.4 Rest of the Middle East & Africa
13 Competitive Landscape (Page No. - 159)
13.1 Overview
13.2 Competitive Leadership Mapping
13.2.1 Visionary Leaders
13.2.2 Innovators
13.2.3 Dynamic Differentiators
13.2.4 Emerging Companies
13.3 Strength of Product Portfolio
13.4 Business Strategy Excellence
13.5 Market Ranking Analysis
13.5.1 Henkel AG
13.5.2 H.B. Fuller
13.5.3 Sika AG
13.5.4 Arkema (Bostik SA)
13.5.5 Huntsman Corporation
13.6 Competitive Scenario
13.6.1 New Product Developments/Launches
13.6.2 Mergers & Acquisitions
13.6.3 Investments & Expansions
13.6.4 Partnerships & Collaborations
14 Company Profiles (Page No. - 174)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 Henkel AG
14.2 H.B. Fuller
14.3 Sika AG
14.4 Arkema (Bostik Sa)
14.5 Huntsman Corporation
14.6 3M Company
14.7 Illinois Tool Works Inc.
14.8 Avery Dennison Corporation
14.9 Dowdupont Inc.
14.10 Wacker Chemie AG
14.11 Other Key Companies
14.11.1 Rpm International Inc.
14.11.2 Akzo Nobel N.V.
14.11.3 PPG Industries
14.11.4 Lord Corporation
14.11.5 Adhesives Research Inc.
14.11.6 Delo Industrie Klebstoffe GmbH & Co. KGaA
14.11.7 Dymax Corporation
14.11.8 Mapei Corporation
14.11.9 Meridian Adhesives Group
14.11.10 Master Bond Inc.
14.11.11 Soudal Group
14.11.12 Pidilite Industries
14.11.13 Jowat Se
14.11.14 Franklin International
14.11.15 Ashland Inc.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
15 Appendix (Page No. - 214)
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details
List of Tables (136 Tables)
Table 1 Adhesives & Sealants Market Snapshot, 2019 vs 2024
Table 2 GDP Percentage Change, By Key Country, 20172024 (USD Billion)
Table 3 Automotive Production Trends, Million Units (20142018)
Table 4 Growth Indicators of Aerospace Industry, 20152033
Table 5 Growth Indicators of Aerospace Industry, By Region, 20152033
Table 6 Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 7 Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 8 Water-Based: Adhesives Market Size, By Region, 20172024 (USD Million)
Table 9 Water-Based: Adhesives Market Size, By Region, 20172024 (Kiloton)
Table 10 Solvent-Based: Adhesives Market Size, By Region, 20172024 (USD Million)
Table 11 Solvent-Based Adhesives Market Size, By Region, 20172024 (Kiloton)
Table 12 Hot-Melt Adhesives Market Size, By Region, 20172024 (USD Million)
Table 13 Hot-Melt Adhesives Market Size, By Region, 20172024 (Kiloton)
Table 14 Reactive & Other Adhesives Market Size, By Region, 20172024 (USD Million)
Table 15 Reactive & Other Adhesives Market Size, By Region, 20172024 (Kiloton)
Table 16 Applications of Cyanoacrylate Adhesives
Table 17 Applications of Anaerobic Adhesives
Table 18 Applications of Phenolic Resins in Various Adhesive Mixes
Table 19 Adhesives Market Size, By Application, 20172024 (USD Million)
Table 20 Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 21 Adhesives Used for Packaging Application
Table 22 Adhesives Market Size in Paper & Packaging Application, By Region, 20172024 (USD Million)
Table 23 Adhesives Market Size in Paper & Packaging Application, By Region, 20172024 (Kiloton)
Table 24 Adhesives Used in Building & Construction Application
Table 25 Adhesives Market Size in Building & Construction Application, By Region, 20172024 (USD Million)
Table 26 Adhesives Market Size in Building & Construction Application, By Region, 20172024 (Kiloton)
Table 27 Adhesives Used in Woodworking Application
Table 28 Adhesives Market Size in Woodworking Application, By Region, 20172024 (USD Million)
Table 29 Adhesives Market Size in Woodworking Application, By Region, 20172024 (Kiloton)
Table 30 Adhesives Used in Automotive & Transportation Application
Table 31 Adhesives Market Size in Automotive & Transportation Application, By Region, 20172024 (USD Million)
Table 32 Adhesives Market Size in Automotive & Transportation Application, By Region, 20172024 (Kiloton)
Table 33 Adhesives Market Size in Consumer & Diy Application, By Region, 20172024 (USD Million)
Table 34 Adhesives Market Size in Consumer & Diy Application, By Region, 20172024 (Kiloton)
Table 35 Adhesives Market Size in Leather & Footwear Application, By Region, 20172024 (USD Million)
Table 36 Adhesives Market Size in Leather & Footwear Application, By Region, 20172024 (Kiloton)
Table 37 Adhesives Market Size in Assembly Application, By Region, 20172024 (USD Million)
Table 38 Adhesives Market Size in Assembly Application, By Region, 20172024 (Kiloton)
Table 39 Adhesives Market Size in Other Applications, By Region, 20172024 (USD Million)
Table 40 Adhesives Market Size in Other Applications, By Region, 20172024 (Kiloton)
Table 41 Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 42 Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 43 Silicone Sealants Market Size, By Region, 20172024 (USD Million)
Table 44 Silicone Sealants Market Size, By Region, 20172024 (Kiloton)
Table 45 Polyurethane Sealants Market Size, By Region, 20172024 (USD Million)
Table 46 Polyurethane Sealants Market Size, By Region, 20172024 (Kiloton)
Table 47 Plastisol Sealants Market Size, By Region, 20172024 (USD Million)
Table 48 Plastisol Sealants Market Size, By Region, 20172024 (Kiloton)
Table 49 Emulsion Sealants Market Size, By Region, 20172024 (USD Million)
Table 50 Emulsion Sealants Market Size, By Region, 20172024 (Kiloton)
Table 51 Polysulfide Sealants Market Size, By Region, 20172024 (USD Million)
Table 52 Polysulfide Sealants Market Size, By Region, 20172024 (Kiloton)
Table 53 Butyl Sealants Market Size, By Region, 20172024 (USD Million)
Table 54 Butyl Sealants Market Size, By Region, 20172024 (Kiloton)
Table 55 Other Sealants Market Size, By Region, 20172024 (USD Million)
Table 56 Other Sealants Market Size, By Region, 20172024 (Kiloton)
Table 57 Sealants Market Size, By Application, 20172024 (USD Million)
Table 58 Sealants Market Size, By Application, 20172024 (Kiloton)
Table 59 Sealants Market Size in Building & Construction Application, By Region, 20172024 (USD Million)
Table 60 Sealants Market Size in Building & Construction Application, By Region, 20172024 (Kiloton)
Table 61 Sealants Market Size in Automotive & Transportation Application, By Region, 20172024 (USD Million)
Table 62 Sealants Market Size in Automotive & Transportation Application, By Region, 20172024 (Kiloton)
Table 63 Sealants Market Size in Consumer Application, By Region, 20172024 (USD Million)
Table 64 Sealants Market Size in Consumer Application, By Region, 20172024 (Kiloton)
Table 65 Sealants Market Size in Other Applications, By Region, 20172024 (USD Million)
Table 66 Sealants Market Size in Other Applications, By Region, 20172024 (Kiloton)
Table 67 Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 68 Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 69 Adhesives Market Size, By Region, 20172024 (USD Million)
Table 70 Adhesives Market Size, By Region, 20172024 (Kiloton)
Table 71 Sealants Market Size, By Region, 20172024 (USD Million)
Table 72 Sealants Market Size, By Region, 20172024 (Kiloton)
Table 73 APAC: Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 74 APAC: Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 75 APAC: Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 76 APAC: Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 77 APAC: Adhesives Market Size, By Application, 20172024 (USD Million)
Table 78 APAC: Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 79 APAC: Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 80 APAC: Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 81 APAC: Sealants Market Size, By Application, 20172024 (USD Million)
Table 82 APAC: Sealants Market Size, By Application, 20172024 (Kiloton)
Table 83 APAC: Adhesives & Sealants Market Size, By Country, 20172024 (USD Million)
Table 84 APAC: Adhesives & Sealants Market Size, By Country, 20172024 (Kiloton)
Table 85 North America: Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 86 North America: Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 87 North America: Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 88 North America: Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 89 North America: Adhesives Market Size, By Application, 20172024 (USD Million)
Table 90 North America: Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 91 North America: Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 92 North America: Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 93 North America: Sealants Market Size, By Application, 20172024 (USD Million)
Table 94 North America: Sealants Market Size, By Application, 20172024 (Kiloton)
Table 95 North America: Adhesives & Sealants Market Size, By Country, 20172024 (USD Million)
Table 96 North America: Adhesives & Sealants Market Size, By Country, 20172024 (Kiloton)
Table 97 Europe: Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 98 Europe: Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 99 Europe: Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 100 Europe: Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 101 Europe: Adhesives Market Size, By Application, 20172024 (USD Million)
Table 102 Europe: Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 103 Europe: Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 104 Europe: Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 105 Europe: Sealants Market Size, By Application, 20172024 (USD Million)
Table 106 Europe: Sealants Market Size, By Application, 20172024 (Kiloton)
Table 107 Europe: Adhesives & Sealants Market Size, By Country, 20172024 (USD Million)
Table 108 Europe: Adhesives & Sealants Market Size, By Country, 20172024 (Kiloton)
Table 109 South America: Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 110 South America: Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 111 South America: Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 112 South America: Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 113 South America: Adhesives Market Size, By Application, 20172024 (USD Million)
Table 114 South America: Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 115 South America: Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 116 South America: Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 117 South America: Sealants Market Size, By Application, 20172024 (USD Million)
Table 118 South America: Sealants Market Size, By Application, 20172024 (Kiloton)
Table 119 South America: Adhesives & Sealants Market Size, By Country, 20172024 (USD Million)
Table 120 South America: Adhesives & Sealants Market Size, By Country, 20172024 (Kiloton)
Table 121 Middle East & Africa: Adhesives & Sealants Market Size, By Type, 20172024 (USD Million)
Table 122 Middle East & Africa: Adhesives & Sealants Market Size, By Type, 20172024 (Kiloton)
Table 123 Middle East & Africa: Adhesives Market Size, By Formulating Technology, 20172024 (USD Million)
Table 124 Middle East & Africa: Adhesives Market Size, By Formulating Technology, 20172024 (Kiloton)
Table 125 Middle East & Africa: Adhesives Market Size, By Application, 20172024 (USD Million)
Table 126 Middle East & Africa: Adhesives Market Size, By Application, 20172024 (Kiloton)
Table 127 Middle East & Africa: Sealants Market Size, By Resin Type, 20172024 (USD Million)
Table 128 Middle East & Africa: Sealants Market Size, By Resin Type, 20172024 (Kiloton)
Table 129 Middle East & Africa: Sealants Market Size, By Application, 20172024 (USD Million)
Table 130 Middle East & Africa: Sealants Market Size, By Application, 20172024 (Kiloton)
Table 131 Middle East & Africa: Adhesives & Sealants Market Size, By Country, 20172024 (USD Million)
Table 132 Middle East & Africa: Adhesives & Sealants Market Size, By Country, 20172024 (Kiloton)
Table 133 New Product Developments/Launches, 20162019*
Table 134 Mergers & Acquisitions, 20162019*
Table 135 Investments & Expansions, 20162019*
Table 136 Partnerships & Collaborations, 20162019*
List of Figures (58 Figures)
Figure 1 Adhesives & Sealants Market Segmentation
Figure 2 Adhesives & Sealants Market: Research Design
Figure 3 Adhesives & Sealants Market Size Estimation
Figure 4 Adhesives & Sealants Market, By Region
Figure 5 Adhesives Market, By Application
Figure 6 Sealants Market, By Application
Figure 7 Market Size Estimation: Bottom-Up Approach
Figure 8 Market Size Estimation: Bottom-Up Approach, By Application
Figure 9 Market Size Estimation: Top-Down Approach
Figure 10 Adhesives & Sealants Market: Data Triangulation
Figure 11 Reactive & Other Formulating Technologies to Register the Highest CAGR in the Adhesives Market
Figure 12 Automotive & Transportation to Register the Highest Growth in the Adhesives Market
Figure 13 Silicone to Be the Leading Resin Type for Sealants
Figure 14 Others Segment to Register the Highest Growth in the Sealants Market
Figure 15 APAC to Be the Fastest-Growing Adhesives & Sealants Market
Figure 16 Adhesives & Sealants Market to Register Moderate Growth
Figure 17 Reactive & Others Segment to Register the Highest Growth in the Adhesives Market
Figure 18 Paper & Packaging to Be the Largest Application of Adhesives
Figure 19 Silicone Sealant to Register the Fastest Growth
Figure 20 Building & Construction to Be the Largest Application of Sealants
Figure 21 Developing Countries to Grow Faster Than the Developed Countries
Figure 22 Paper & Packaging Application Accounted for the Largest Share
Figure 23 India to Register the Highest CAGR in the Adhesives & Sealants Market
Figure 24 Drivers, Restraints, Opportunities, and Challenges in the Adhesives & Sealants Market
Figure 25 Vehicle Production, By Region (2018)
Figure 26 Adhesives & Sealants Market: Porters Five Forces Analysis
Figure 27 Percentage Growth in Electrical & Electronics Industry (20152018)
Figure 28 Global Spending in Construction Industry, 20172025
Figure 29 Percentage Breakdown of World Footwear Production, 2018
Figure 30 Water-Based Adhesives Segment to Lead the Adhesives Market
Figure 31 Paper & Packaging Segment to Lead the Adhesives Market
Figure 32 Silicone to Lead the Sealants Market During the Forecast Period
Figure 33 Building & Construction to Dominate the Sealants Market
Figure 34 India to Register the Highest CAGR Between 2019 and 2024
Figure 35 APAC: Adhesives & Sealants Market Snapshot
Figure 36 North America: Adhesives & Sealants Market Snapshot
Figure 37 Europe: Germany is the Largest and Projected to Be the Fastest-Growing Market
Figure 38 South America: Brazil to Be the Largest Adhesives & Sealants Market
Figure 39 Middle East & Africa: Saudi Arabia to Be the Largest Adhesives & Sealants Market
Figure 40 Key Growth Strategies Adopted By the Leading Players of Adhesives & Sealants Market Between 2016 and 2019
Figure 41 Adhesives & Sealants Market (Global): Competitive Leadership Mapping, 2018
Figure 42 Market Ranking of Key Players, 2018
Figure 43 Henkel AG: Company Snapshot
Figure 44 Henkel AG: SWOT Analysis
Figure 45 H.B. Fuller: Company Snapshot
Figure 46 H.B. Fuller: SWOT Analysis
Figure 47 Sika AG: Company Snapshot
Figure 48 Sika AG: SWOT Analysis
Figure 49 Arkema (Bostik Sa): Company Snapshot
Figure 50 Arkema (Bostik Sa): SWOT Analysis
Figure 51 Huntsman: Company Snapshot
Figure 52 Huntsman: SWOT Analysis
Figure 53 3M Company: Company Snapshot
Figure 54 3M Company: SWOT Analysis
Figure 55 Illinois Tool Works Inc.: Company Snapshot
Figure 56 Avery Dennison Corporation: Company Snapshot
Figure 57 Dowdupont: Company Snapshot
Figure 58 Wacker Chemie: Company Snapshot
The study involved four major activities in estimating the current market size of adhesives & sealants. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methods were used to estimate the size of the segments and subsegments of the overall market.
Secondary Research
This research report involved the use of extensive secondary sources, directories, and databases, such as Bloomberg, BusinessWeek, Factiva, ICIS, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the adhesives & sealants market. The secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles from recognized authors, authenticated directories, and databases.
Primary Research
The adhesives & sealants market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, buyers, and regulatory organizations. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary sources from the supply side include industry experts, such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the adhesives & sealants market.
Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the adhesives & sealants market. These methods were also used extensively to estimate the sizes of various subsegments in the market. The research methodology used to estimate the market size includes the following steps:
- The key players in the industry and markets were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the estimation processes explained above-the market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To analyze and forecast the adhesives & sealants market, in terms of value and volume
- To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To analyze and forecast the size of the market based on adhesive formulating technology, sealant resin type, application, and region
- To estimate and forecast the market size based on five regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America
- To analyze the market opportunities and competitive landscape of the market leaders and stakeholders
- To analyze the competitive developments, such as merger & acquisition and investment & expansion in the adhesives & sealants market
- To strategically identify and profile the key market players and analyze their core competencies
Available Customizations
MarketsandMarkets offers customizations according to the specific needs of the companies with the given market data.
The following customization options are available for the report:
Regional Analysis:
- Country-level analysis of the adhesives & sealants market, by category
Company Information:
- Detailed analysis and profiles of additional market players
Get in-depth analysis of the COVID-19 impact on the Adhesives & Sealants Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Adhesives & Sealants Market
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- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Adhesives & Sealants Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
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Growth opportunities and latent adjacency in Adhesives & Sealants Market
Can I get a citation reference for this report?
Find general informations about Adhesives and Sealants market.
Cut-off report available?
Market potential of Tile Adhesives in India, with a focus on Southern Region for a startup.
Interested in global market.
Information in adhesives and sealents market
General information on Adhesives Market
General information on two reports i.e. adhesive and sealant & ink additives
Customer identification for Vinyl Acetate/Ethylene (VAE) Emulsion and 1,4 BDO
SOLVENT-BASED ADHESIVES MARKET
General information on adhesives and sealants market in electronics application
required more information
Information on scope of our study with a small description
Report title not mentioned
General information on specialty adhesives market
Report on Adhesives/sealants market
Bonding techniques in Fabric and future outlook
Adhesives (non consturction). i.e. Cyanoacylates, Epoxys, PVAs, PUs, SMPs, etc, for small job "repair and create" use.
Specific information on application of Adhesives & Sealants for electrically conductive, thermal, and UV-cured
Global adhesive market and trends
Market data for global Superplasticizers market
Specific information for construction silicones, Polyurethane adhesives (1K, 2K- 1/2), MS-Polymers, Plastisoles in the automotive industry
Contact Adhesive Market
Require report list of seanat, adhesive, weld-crete, PU foam, and others
Interested in Polyamide,Polyurethane,Water Based,Solventless and Solvent Based Adhesive for flexible packaging lamination
Adhesives sales growth from 2012 to 2018 along with technology growth.
Market information on acrylic adhesive market globally
Market dynamics, growth trends, key manufacturers, and raw material analysis, different applications present in the market
Specific information on hot melt
hot melt i.e. technology, industry, and equipment. Future technology as well if possible.
Adhesive and sealant for Tire Application
Interested in Tire Sealant, Hot melt Adhesive, Pressure sensitive adhesive
Needed Adhesive market for book report
Coverage of off the shelf reports adhesive portfolio. Also wants to lear about overall global market of adhesive
Sample of Hot Melt Adhesive
General information on Adhesives & Sealants market by material
Interested in forecast, historical, per capita of global adhesives and sealants market
Market value of adhesive market by technology (solvent, hotmelt, water based) in Thailand.
Interested in bottle label market
sample data needed for demand drivers of adhesives and sealants industry in india
Interested in Woodflooring adhesives and Sealants.
Information on Oil and Gas Sealant Market
Global Adhesives: Market Revenue, By Applications,2011 2018 ($Million) Sealants: Market Revenue, By Applications,2011 2018 ($Million) and for Europe
Need broad understanding of entire adhesives and sealants industry
Interested in market for Malaysia, Indonesia, Hongkong, Singapore, and Thailand
Sealants market by type and Application
Looking for insights on footwear adhesives market
Adhesives + sealants in: Agriculture/Construction/Filtration/Appliances/Medical/White goods/Wind energy.
interetsed to about lamination adhesives market in UAE in terms of market size , current local production size and expected growth for the next 3 years (flexible packaging segment )
Information on India Adhesives market by Volume and Value
Interested in Adhesives & Sealants Market report
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Specific information on poland adhesives
Information on Cable Sealing compounds market potential, Electrical Cabinet manufacturers, Oil & Gas market in India
Data on potential market assessment of cable glands, sealant, putty etc in the segments such as Oil & Gas, Power, energy, Railways and Telecom Markets in India.
Oil & Gas market in India, Future of Telecom in India, Railways and Power. Manufacturers of sealant, adhesives , putty etc in india
Interested in comparitive study of natural adhesives vs their polymeric counterparts
Global adhesive market split by suppliers (% share) by technology PUR, epoxy , acrylic etc. and future growth rate
Looking for global adhesie market breakdown by Suppliers and future growth prospects
Thermoset adhesives, specifically those that are polycarbonate polyol based or polyurethanes and chemistries
Interested in thermoset adhesives such as PU or polycarbonate
General information on European adhesives and sealants market
Global polyisobutylene adhesive market