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Global Adhesives and Sealants Market 2023

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TABLE OF CONTENTS

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DESCRIPTION

The adhesives and sealants market is projected to grow from USD 67.26 billion in 2022 to USD 92.44 billion by 2029, with a CAGR of 4.5%. This industry plays a crucial role in sectors such as aerospace, defense, paper, packaging, construction, manufacturing, and transportation. The demand for adhesives and sealants is driven by rapid population growth and urbanization in developing countries like China, India, Brazil, Indonesia, Mexico, and Bangladesh. These countries have witnessed increased infrastructure projects and industrial activities, creating a need for adhesives and sealants. In India, water-based adhesives and hot melt adhesives account for over 50% of the total demand due to their versatility, easy application, and eco-friendly properties.

The report covers market size and growth, segmentation, competitive landscape, trends and strategies for global adhesives and sealants market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors approaches.

Market Segmentation
The market is segmented based on various factors, including type, technology, structure type, end-user, and geography.
Product: adhesives, sealants
Technology: hot melt, pressure sensitive, reactive, solvent based, water based, others
Chemistry: acrylic, butyl, plastisol, polysulfide, polyurethane (PU), silicone, others
End user: building and construction, consumer and DIY, footwear and leather, paper and packaging, transportation, woodworking and joinery, others

Segmentation by Geography
North America US, Canada
Europe Germany, France, UK, Italy, Spain
APAC - China, Japan, India, South Korea, Australia
Latin America Brazil, Mexico, Argentina
Middle East & Africa South Africa, Saudi Arabia, Turkey, UAE, Egypt

Sealants offer higher elongation but lower strength compared to adhesives. Water-based adhesives have the largest market share, followed by pressure-sensitive adhesives, due to their low VOC emissions. Silicone sealants are known for their low-temperature movement capability, UV and heat stability, and find applications in glazing systems, insulating glass units, and protection against impacts and blasts. Silicone sealants dominate the sealants market. The paper, board, and packaging segment is a significant consumer of adhesives, driven by the demand for packaged food, flexible packaging, and e-commerce packaging.

The Asia-Pacific region is the largest market for adhesives and sealants, driven by population growth, urbanization, and demands from various industries. Germany leads the European market, with key sectors including construction, paper, industrial assembly, and transportation. E-commerce has boosted demand in the paper segment. Silicone-based sealants dominate the market. The electronics industry is a fast-growing segment, fueled by demand for devices, 5G technology, smartphones, healthcare, and electric cars. Biobased adhesives have gained popularity, leading to innovations in green adhesives and sealants. Investments in non-oil sectors in the Middle East will drive demand.

Competitive Landscape
Key players in the adhesive and sealants market include Henkel, H.B. Fuller, Arkema S.A, Avery Dennison, and 3M. These companies focus on partnerships to enhance their market presence, exchanging technologies and improving product offerings. Meeting the needs of the electronics industry requires investment in diverse adhesive grades for printed circuit boards (PCBs). Environmental concerns drive the demand for bio-based alternatives, making research and development efforts crucial. Key companies profiled include Arkema S.A. (Bostik S.A.), Ashland Global Specialty Chemicals Inc., Avery Dennison Corporation, Berry Global Inc., Chemence Inc., DELO Industrie Klebstoffe GmbH & Co KGaA, Dow Inc., Dymax Corporation, Franklin International, Inc., General Sealants Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Hexcel Corporation, Huntsman Corporation, Illinois Tool Works Inc., Jowat SE, LINTEC Corporation, Master Bond, Inc., Pidilite Industries Limited, RPM International Inc., Sika AG, The 3M Company, Wacker Chemie AG, among others.

Scope of the Report
To analyze and forecast the market size of the global adhesives and sealants market.
To classify and forecast the global adhesives and sealants market based on product, technology, chemistry, end user, geography.
To identify drivers and challenges for the global adhesives and sealants market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global adhesives and sealants market.
To identify and analyze the profile of leading players operating in the global adhesives and sealants market.

Why Choose This Report
Gain a reliable outlook of the global adhesives and sealants market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
Companies Mentioned
Arkema S.A. (Bostik S.A.), Ashland Global Specialty Chemicals Inc., Avery Dennison Corporation, Berry Global Inc., Chemence Inc., DELO Industrie Klebstoffe GmbH & Co KGaA, Dow Inc., Dymax Corporation, Franklin International Inc., General Sealants Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Hexcel Corporation, Huntsman Corporation, Illinois Tool Works Inc., Jowat SE, LINTEC Corporation, Master Bond Inc., Pidilite Industries Limited, RPM International Inc., Sika AG, The 3M Company, Wacker Chemie AG

TABLE OF CONTENTS

PART 1. INTRODUCTION
1.1 Description
1.2 Objectives of The Study
1.3 Market Segment
1.4 Years Considered for The Report
1.5 Currency
1.6 Key Target Audience
PART 2. RESEARCH METHODOLOGY
2.1 Primary Research
2.2 Secondary Research
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
4.1 Introduction
4.2 Drivers
4.3 Restraints
PART 5. GLOBAL ADHESIVES AND SEALANTS MARKET BY PRODUCT
5.1 Adhesives
5.2 Sealants
PART 6. GLOBAL ADHESIVES AND SEALANTS MARKET BY TECHNOLOGY
6.1 Hot melt
6.2 Pressure sensitive
6.3 Reactive
6.4 Solvent based
6.5 Water based
6.6 Others
PART 7. GLOBAL ADHESIVES AND SEALANTS MARKET BY CHEMISTRY
7.1 Acrylic
7.2 Butyl
7.3 Plastisol
7.4 Polysulfide
7.5 Polyurethane (PU)
7.6 Silicone
7.7 Others
PART 8. GLOBAL ADHESIVES AND SEALANTS MARKET BY END USER
8.1 Building and construction
8.2 Consumer and DIY
8.3 Footwear and leather
8.4 Paper and packaging
8.5 Transportation
8.6 Woodworking and joinery
8.7 Others
PART 9. GLOBAL ADHESIVES AND SEALANTS MARKET BY GEOGRAPHY
9.1 North America
9.2 Europe
9.3 APAC
9.4 Latin America
9.5 Middle East & Africa
PART 10. COMPANY PROFILES
10.1 Arkema S.A. (Bostik S.A.)
10.2 Ashland Global Specialty Chemicals Inc.
10.3 Avery Dennison Corporation
10.4 Berry Global Inc.
10.5 Chemence Inc.
10.6 DELO Industrie Klebstoffe GmbH & Co KGaA
10.7 Dow Inc.
10.8 Dymax Corporation
10.9 Franklin International, Inc.
10.10 General Sealants Inc.
10.11 H.B. Fuller Company
10.12 Henkel AG & Co. KGaA
10.13 Hexcel Corporation
10.14 Huntsman Corporation
10.15 Illinois Tool Works Inc.
10.16 Jowat SE
10.17 LINTEC Corporation
10.18 Master Bond, Inc.
10.19 Pidilite Industries Limited
10.20 RPM International Inc.
10.21 Sika AG
10.22 The 3M Company
10.23 Wacker Chemie AG
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Global Medical Adhesives and Sealants Market Outlook 2021: Global Opportunity and Demand Analysis, Market Forecast, 2022-2030

The global medical adhesives and sealants market is anticipated to rise at a value CAGR of 7.8% over 20202028. According to a study published by Insure Insights on the Global

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