Global Adhesives and Sealants Market Forecast
Quick Report Digest
A Look Back and a Look Forward - Comparative Analysis
The market for adhesives and sealants has been experiencing significant growth, primarily driven by advancements in adhesives technology, such as water-borne and reactive adhesives. The market is driven by the booming construction and automotive sectors, where adhesives and sealants are critical for lightweighting, structural integrity, and enhanced performance.
Additionally, a growing emphasis on sustainability and compliance with environmental regulations is shaping product development and market strategies.
The market witnessed staggered growth during the historical period 2018 – 2022. the adhesives and sealants industry has evolved from traditional solvent-based adhesives to more environmentally friendly alternatives like water-borne, hot melt, and reactive adhesives.
Historically, solvent-based adhesives were dominant, but concerns about VOC emissions shifted the focus towards water-borne and other low-VOC adhesive technologies. The market has witnessed continuous advancements in formulations, application methods, and efficiency, aligning with changing industry requirements and consumer preferences.
The adhesives and sealants market is poised for substantial growth with a strong focus on sustainability, performance, and versatility. Future developments are expected in bio-based adhesives, smart adhesives with self-healing properties, and adhesives for advanced materials like composites and nanomaterials.
IoT integration, and rapid digitalisation in adhesive application processes for monitoring and quality control is anticipated. Moreover, increasing research and development investments will drive breakthroughs, offering adhesives and sealants with improved functionalities, higher efficiency, and enhanced environmental profiles.
Key Growth Determinants
The global adhesives and sealants market is experiencing a substantial surge, driven primarily by the escalating demand for water-borne adhesives across diverse industries. Water-borne adhesives, known for their eco-friendly nature and low volatile organic compound (VOC) content, have become a preferred choice for various applications.
Industries such as packaging, construction, automotive, textiles, and healthcare are increasingly adopting water-borne adhesives due to stringent environmental regulations and a heightened focus on sustainability. Their versatile bonding properties, compatibility with different substrates, and excellent adhesion characteristics are fueling their popularity.
In addition, a shift towards water-borne adhesives aligns with the global efforts to reduce the carbon footprint and promote greener technologies. As a result, the market for adhesives and sealants is witnessing a significant boost, and this trend is expected to continue in the foreseeable future.
The silicone sealants are poised to drive substantial market expansion within the adhesives and sealants industry. Recognised for their outstanding durability, flexibility, and resistance to extreme temperatures, UV radiation, and moisture, silicone sealants find wide-ranging applications across numerous sectors.
Industries such as construction, automotive, electronics, healthcare, and consumer goods rely on silicone sealants for sealing and bonding purposes, ensuring structural integrity and preventing leakages.
Moreover, the increasing emphasis on energy efficiency and sustainability has propelled the demand for silicone sealants, which aid in minimising energy consumption by providing effective insulation. Their versatility, longevity, and ability to adhere to a variety of substrates make them indispensable in modern construction practices and manufacturing processes.
Technological advancements and continuous innovation are expected to be key drivers fuelling the growth of the adhesives and sealants market. Emerging technologies are leading to the development of novel adhesive formulations and sealant products with enhanced properties and functionalities.
Such innovations include eco-friendly and sustainable adhesive solutions, bio-based adhesives, smart adhesives with self-healing capabilities, and adhesives compatible with advanced materials like composites and nanomaterials.
In addition, advancements in application methods, curing processes, and the integration of digital technologies are streamlining the use of adhesives and sealants, making them more efficient and cost-effective. The ability to tailor adhesives and sealants to specific industry needs, such as aerospace, automotive, and electronics, is further driving their adoption.
Major Growth Barriers
Volatile raw material prices present a notable obstacle to the expansion of the adhesives and sealants market. Fluctuations in prices of key raw materials, such as petrochemical-based compounds, resins, and solvents, significantly impact production costs for adhesive and sealant manufacturers. These cost fluctuations can disrupt profit margins and pricing strategies, making it challenging to maintain stability and competitiveness in the market.
Moreover, sudden price hikes can strain the budgets of businesses, especially smaller manufacturers, leading to a ripple effect across the industry. The uncertainty and unpredictability associated with raw material prices create an environment where companies must constantly adjust strategies and formulations to mitigate cost impacts. Ultimately, this volatility hinders long-term planning, investments, and market expansion efforts within the adhesives and sealants sector.
Curing and drying times represent a notable hindrance to the expansion of the adhesives and sealants market. Certain adhesives and sealants require extended periods for curing or drying, leading to longer production cycles and potentially hampering operational efficiency. Industries often demand rapid processes to meet high production quotas and maintain competitiveness, making lengthy curing times a significant drawback.
Moreover, in sectors where quick assembly or repair is critical, such as automotive or electronics, prolonged curing or drying can disrupt workflow and impact overall productivity. As a result, adhesives and sealants with faster curing times or even instant-bonding capabilities are gaining traction in the market.
Key Trends and Opportunities to Look at
Sustainability stands as a paramount trend in the adhesives and sealants market, dictating a shift towards eco-friendly solutions. Manufacturers are significantly investing in the development and widespread adoption of adhesives and sealants that are bio-based, water-borne, and have lower volatile organic compound (VOC) content.
Bio-based adhesives, derived from renewable sources, are gaining prominence for their reduced environmental impact. Water-borne formulations, recognised for their lower emissions and environmental sustainability, are increasingly preferred. The concerted efforts to reduce VOC content align with stringent environmental regulations and growing consumer preferences for greener, more sustainable alternatives.
Manufacturers recognise the importance of sustainable practices not only to meet regulatory requirements but also to align with corporate social responsibility and address the pressing need for environmentally conscious solutions. The future of the adhesives and sealants market is intrinsically linked to sustainability, where eco-friendly options are set to drive growth and meet the evolving needs of industries and consumers alike.
The adhesives and sealants market is experiencing a notable surge in demand for adhesives designed to effectively bond advanced materials such as composites, plastics, and nanomaterials. With industries like aerospace, automotive, and electronics constantly evolving and demanding lighter, stronger, and more efficient materials, high-performance adhesives have become crucial. These specialised adhesives offer strong bonding properties and exceptional durability, addressing the unique challenges posed by these advanced materials.
In the aerospace sector, where reducing weight without compromising structural integrity is paramount, high-performance adhesives play a critical role in bonding lightweight composites. Similarly, in the automotive industry, adhesives are indispensable for joining diverse materials, enhancing fuel efficiency, and contributing to vehicle safety.
The rapid growth of the electric vehicle (EV) market has sparked a notable demand for specialised adhesives and sealants designed to meet the unique requirements of this burgeoning industry. These specialised adhesive solutions are engineered to offer thermal conductivity, efficient electrical insulation, and lightweight properties, addressing the specific needs of EVs.
Adhesives especially play a critical role in the assembly of EV batteries, providing robust bonding for various components within the battery pack. This not only enhances the structural integrity of the battery but also ensures efficient thermal management, crucial for maintaining optimal operating temperatures.
Furthermore, adhesives contribute to the reduction of overall vehicle weight, promoting energy efficiency and extending driving range. As the electric vehicle market continues its expansion to meet sustainability goals and reduce reliance on fossil fuels, the demand for advanced adhesives and sealants will surge, underlining their importance in improving EV performance and safety.
How Does the Regulatory Scenario Shape this Industry?
Over the last three years, the regulatory environment has a significant impact on how the adhesives and sealants market develops. The regulatory scenario significantly shapes the adhesives and sealants industry, influencing everything from product formulation to manufacturing processes and market competitiveness.
Governments and international bodies impose regulations to ensure product safety, environmental sustainability, and consumer protection. For instance, regulations often govern the use of volatile organic compounds (VOCs), hazardous chemicals, and emissions from adhesives and sealants. Manufacturers must comply with these regulations by producing low-VOC or VOC-free products, driving the development and adoption of eco-friendly formulations.
Additionally, regulatory standards regarding health and safety in workplaces impact production practices and necessitate adherence to specific guidelines for employee well-being. The industry also faces regulations related to labeling, packaging, transportation, and waste management. Staying compliant with these regulations is crucial for market access, maintaining consumer trust, and mitigating legal risks.
Fairfield’s Ranking Board
In the adhesives sector, the water-borne category continues to dominate over the polyvinyl acetate (PVA) emulsion category. Water-borne adhesives, known for their environmentally friendly properties, low VOC content, and compliance with stringent regulations, have garnered widespread preference across a multitude of industries. Their versatility in bonding various substrates, easy cleanup, and relatively quick curing times have made them a preferred choice for applications ranging from packaging to construction.
On the other hand, while PVA emulsion adhesives also have their merits, such as being cost-effective and versatile, they face challenges related to their relatively weaker water resistance and lower bonding strength compared to water-borne adhesives. As sustainability and environmental consciousness continue to drive industry trends, the water-borne category's dominance is expected to persist and even grow, further fuelled by ongoing advancements and innovations in water-borne adhesive technologies.
Furthermore, the PVA emulsion category is projected to experience the fastest market growth. PVA emulsions are valued for their versatility, cost-effectiveness, and eco-friendly nature, positioning them as a preferred choice across diverse applications.
PVA emulsions are being used more and more in industries including building, woodworking, packaging, paper and packaging, and glue because of their superior adhesive qualities and capacity to effectively adhere to a variety of substrates.
The need for PVA emulsions in wall coverings, laminates, and carpentry is rising due in large part to the construction industry's expansion, especially in emerging nations. Moreover, the shift towards eco-friendly and low-VOC adhesives is amplifying the appeal of PVA emulsions.
In 2022, the reactive category dominated the industry. Reactive adhesives, including polyurethane, epoxy, cyanoacrylate, and modified acrylics, are highly versatile and offer superior bonding capabilities across diverse applications and industries. Polyurethane adhesives, known for their excellent adhesion, impact resistance, and durability, are extensively used in automotive, aerospace, and construction.
Epoxy adhesives find application in various industries due to their exceptional bonding and structural properties. Cyanoacrylate adhesives, often referred to as instant adhesives, are valued for their quick curing and strong bonding on a wide array of substrates.
The epoxy category is anticipated to grow substantially throughout the projected period. Epoxy adhesives are highly versatile and valued for their exceptional bonding properties, strength, durability, and resistance to various environmental factors. These adhesives find extensive applications across multiple industries, including aerospace, automotive, construction, electronics, and consumer goods.
In the aerospace and automotive sectors, epoxy adhesives play a critical role in lightweighting and enhancing fuel efficiency, given their ability to bond dissimilar materials efficiently. The robust demand for lightweight and high-strength materials in modern construction practices further amplifies the need for epoxy adhesives.
Additionally, the growth of the electronics industry, driven by technological advancements and the demand for compact and durable electronic devices, is expected to propel the demand for epoxy-based adhesives.
The silicone segment dominated the market in 2022. Silicone-based adhesives and sealants have gained widespread favour across various industries due to their exceptional characteristics, including excellent durability, flexibility, and resistance to extreme temperatures, UV radiation, and moisture.
Industries such as construction, automotive, electronics, healthcare, and consumer goods rely heavily on silicone sealants for their versatile applications. Particularly in the construction sector, silicone sealants are indispensable for weatherproofing, sealing, and bonding, ensuring structural integrity and longevity of buildings.
The automotive industry extensively employs silicone-based adhesives and sealants in gasketing, bonding, and sealing applications, contributing to enhanced vehicle performance and safety. Moreover, the healthcare sector relies on silicone sealants for medical-grade bonding and sealing due to their biocompatibility and durability.
The polyurethane category is expected to experience the fastest growth within the forecast time frame. Polyurethane adhesives are highly sought after for their exceptional versatility, robust bonding capabilities, and superior performance across various applications.
Due to its superior flexibility, durability, and resistance to environmental variables, polyurethane adhesives are becoming more and more used in industries including electronics, automotive, construction, aerospace, and packaging. These adhesives are essential for lightweight vehicle designs and improved structural integrity in the automobile industry.
Furthermore, because polyurethane adhesives can survive harsh outdoor conditions and attach a broad variety of substrates, the building sector loves them. The burgeoning demand for eco-friendly and sustainable adhesive solutions has further propelled the adoption of water-borne polyurethane adhesives, contributing to the category's rapid growth.
Regional Frontrunners
The Largest Revenue Share Comes from Asia Pacific
Asia Pacific indeed continues to be a dominant and largest revenue-contributing region in the global adhesives and sealants market. This is driven by various factors, including the region's robust industrialisation, expanding manufacturing sector, rapid urbanisation, and significant economic growth.
Countries like China, Japan, India, and South Korea are major contributors to the market, boasting a thriving automotive industry, a burgeoning construction sector, and a growing demand for consumer goods. The use of adhesives and sealants is integral in these industries for applications ranging from automotive assembly, packaging, and construction bonding to consumer electronics.
Additionally, the rise in infrastructural projects and the adoption of advanced technologies further fuel the demand for adhesives and sealants in the region. As Asia Pacific continues to witness substantial economic development and industrial expansion, the demand for adhesives and sealants is expected to maintain a strong growth trajectory, solidifying the region's position as a vital player in the global market.
North America Awaits Significant Gains from Water-Borne Variants
North America is anticipated to witness significant growth in the water-borne adhesive category during the forecast period in the adhesives and sealants market. This growth is propelled by several factors, including a growing emphasis on sustainability, stringent environmental regulations, and the increasing awareness of reducing volatile organic compounds (VOCs).
Water-borne adhesives are recognised for their eco-friendly nature and low VOC content, aligning well with environmental sustainability goals. Industries in North America, such as packaging, construction, automotive, and textiles, are increasingly opting for water-borne adhesives due to their compliance with strict regulatory standards and their ability to provide strong and durable bonding.
The region's commitment to reducing its carbon footprint and adopting greener technologies further drives the adoption of water-borne adhesives. As sustainability continues to be a key focus, the water-borne adhesive category is expected to experience substantial growth in North America, making it a significant player in the global adhesives and sealants market.
Fairfield’s Competitive Landscape Analysis
The global adhesives and sealants market is a consolidated market with fewer major players present across the globe. The key players are introducing new products as well as working on the distribution channels to enhance their worldwide presence. Moreover, Fairfield Market Research is expecting the market to witness more consolidation over the coming years.
Who are the Leaders in Global Adhesives and Sealants Space?
Key Company Developments
New Product Launches
Distribution Agreements
An Expert’s Eye
Demand and Future Growth
The market demand for adhesives and sealants is expected to expand significantly. The demand for precise and effective gear-shifting systems is greater than ever as the automotive industry shifts more and more toward electric and driverless vehicles.
In line with the ongoing electrification and automation of the automobile industry, shift-by-wire systems provide a smooth and intelligent solution. The growing worries about fuel efficiency, safety improvements, and changing consumer preferences for cutting-edge and smart driving experiences all serve to support demand.
The adhesives and sealants market appears to be on a solid growth trajectory in the future as technology develops, with an emphasis on boosting cybersecurity, incorporating artificial intelligence, and improving user interfaces.
Supply Side of the Market
According to our analysis, the supply side of the adhesives and sealants market reflects a dynamic landscape characterised by fierce competition and rapid technological advancements.
Key market players, including established automotive technology firms and emerging startups, are heavily investing in research and development to innovate and offer cutting-edge shift-by-wire solutions. This entails a continuous quest for refining electronic control units, sensors, and interface designs to enhance user experience, safety, and efficiency.
Moreover, manufacturers are forging strategic partnerships and collaborations to access specialised expertise and expand their product portfolios. The trend leans towards tailoring solutions for electric and autonomous vehicles, aligning with the evolving automotive industry paradigm.
Global Adhesives and Sealants Market is Segmented as Below:
By Adhesive Type:
By Adhesive Technology:
By Sealant Product Type:
By Geographic Coverage:
1. Executive Summary
1.1. Global Adhesives and Sealants Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2022
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Adhesives and Sealants Market Outlook, 2018 - 2030
3.1. Global Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
3.1.1. Key Highlights
3.1.1.1. Water-borne
3.1.1.1.1. Acrylic
3.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
3.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
3.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
3.1.1.1.5. Other Water-borne Adhesives
3.1.1.2. Solvent-borne
3.1.1.2.1. Chloroprene Rubber
3.1.1.2.2. Poly Acrylate (PA)
3.1.1.2.3. Styrenic Block Copolymers
3.1.1.2.4. Other Solvent-borne Adhesives
3.2. Global Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
3.2.1. Key Highlights
3.2.1.1. Reactive
3.2.1.1.1. Polyurethane
3.2.1.1.2. Epoxy
3.2.1.1.3. Cyanoacrylate
3.2.1.1.4. Modified Acrylic
3.2.1.1.5. Anaerobic
3.2.1.1.6. Silicone
3.2.1.1.7. Other
3.2.1.2. Hot Melt
3.2.1.2.1. Ethylene Vinyl Acetate
3.2.1.2.2. Styrenic Block Copolymers
3.2.1.2.3. Thermoplastic Polyurethane
3.2.1.2.4. Other
3.3. Global Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
3.3.1. Key Highlights
3.3.1.1. Silicone
3.3.1.2. Polyurethane
3.4. Global Adhesives and Sealants Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
4. North America Adhesives and Sealants Market Outlook, 2018 - 2030
4.1. North America Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
4.1.1. Key Highlights
4.1.1.1. Water-borne
4.1.1.1.1. Acrylic
4.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
4.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
4.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
4.1.1.1.5. Other Water-borne Adhesives
4.1.1.2. Solvent-borne
4.1.1.2.1. Chloroprene Rubber
4.1.1.2.2. Poly Acrylate (PA)
4.1.1.2.3. Styrenic Block Copolymers
4.1.1.2.4. Other Solvent-borne Adhesives
4.2. North America Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
4.2.1. Key Highlights
4.2.1.1. Reactive
4.2.1.1.1. Polyurethane
4.2.1.1.2. Epoxy
4.2.1.1.3. Cyanoacrylate
4.2.1.1.4. Modified Acrylic
4.2.1.1.5. Anaerobic
4.2.1.1.6. Silicone
4.2.1.1.7. Other
4.2.1.2. Hot Melt
4.2.1.2.1. Ethylene Vinyl Acetate
4.2.1.2.2. Styrenic Block Copolymers
4.2.1.2.3. Thermoplastic Polyurethane
4.2.1.2.4. Other
4.3. North America Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
4.3.1. Key Highlights
4.3.1.1. Silicone
4.3.1.2. Polyurethane
4.4. North America Adhesives and Sealants Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
4.4.1. Key Highlights
4.4.1.1. U.S. Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
4.4.1.2. U.S. Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
4.4.1.3. U.S. Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
4.4.1.4. U.S. Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
4.4.1.5. Canada Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
4.4.1.6. Canada Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
4.4.1.7. Canada Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
4.4.1.8. Canada Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Adhesives and Sealants Market Outlook, 2018 - 2030
5.1. Europe Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Water-borne
5.1.1.1.1. Acrylic
5.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
5.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
5.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
5.1.1.1.5. Other Water-borne Adhesives
5.1.1.2. Solvent-borne
5.1.1.2.1. Chloroprene Rubber
5.1.1.2.2. Poly Acrylate (PA)
5.1.1.2.3. Styrenic Block Copolymers
5.1.1.2.4. Other Solvent-borne Adhesives
5.2. Europe Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Reactive
5.2.1.1.1. Polyurethane
5.2.1.1.2. Epoxy
5.2.1.1.3. Cyanoacrylate
5.2.1.1.4. Modified Acrylic
5.2.1.1.5. Anaerobic
5.2.1.1.6. Silicone
5.2.1.1.7. Other
5.2.1.2. Hot Melt
5.2.1.2.1. Ethylene Vinyl Acetate
5.2.1.2.2. Styrenic Block Copolymers
5.2.1.2.3. Thermoplastic Polyurethane
5.2.1.2.4. Other
5.3. Europe Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. Silicone
5.3.1.2. Polyurethane
5.4. Europe Adhesives and Sealants Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
5.4.1. Key Highlights
5.4.1.1. Germany Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.2. Germany Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.3. Germany Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.4. Germany Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.5. U.K. Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.6. U.K. Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.7. U.K. Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.8. U.K. Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.9. France Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.10. France Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.11. France Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.12. France Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.13. Italy Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.14. Italy Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.15. Italy Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.16. Italy Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.17. Turkey Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.18. Turkey Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.19. Turkey Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.20. Turkey Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.21. Russia Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.22. Russia Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.23. Russia Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.24. Russia Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.1.25. Rest of Europe Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.26. Rest of Europe Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
5.4.1.27. Rest of Europe Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
5.4.1.28. Rest of Europe Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Adhesives and Sealants Market Outlook, 2018 - 2030
6.1. Asia Pacific Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Water-borne
6.1.1.1.1. Acrylic
6.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
6.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
6.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
6.1.1.1.5. Other Water-borne Adhesives
6.1.1.2. Solvent-borne
6.1.1.2.1. Chloroprene Rubber
6.1.1.2.2. Poly Acrylate (PA)
6.1.1.2.3. Styrenic Block Copolymers
6.1.1.2.4. Other Solvent-borne Adhesives
6.2. Asia Pacific Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Reactive
6.2.1.1.1. Polyurethane
6.2.1.1.2. Epoxy
6.2.1.1.3. Cyanoacrylate
6.2.1.1.4. Modified Acrylic
6.2.1.1.5. Anaerobic
6.2.1.1.6. Silicone
6.2.1.1.7. Other
6.2.1.2. Hot Melt
6.2.1.2.1. Ethylene Vinyl Acetate
6.2.1.2.2. Styrenic Block Copolymers
6.2.1.2.3. Thermoplastic Polyurethane
6.2.1.2.4. Other
6.3. Asia Pacific Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. Silicone
6.3.1.2. Polyurethane
6.4. Asia Pacific Adhesives and Sealants Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
6.4.1. Key Highlights
6.4.1.1. China Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.2. China Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.3. China Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.4. China Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.1.5. Japan Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.6. Japan Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.7. Japan Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.8. Japan Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.1.9. South Korea Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.10. South Korea Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.11. South Korea Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.12. South Korea Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.1.13. India Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.14. India Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.15. India Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.16. India Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.1.17. Southeast Asia Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.18. Southeast Asia Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.19. Southeast Asia Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.20. Southeast Asia Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.1.21. Rest of Asia Pacific Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.22. Rest of Asia Pacific Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
6.4.1.23. Rest of Asia Pacific Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
6.4.1.24. Rest of Asia Pacific Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Adhesives and Sealants Market Outlook, 2018 - 2030
7.1. Latin America Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Water-borne
7.1.1.1.1. Acrylic
7.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
7.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
7.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
7.1.1.1.5. Other Water-borne Adhesives
7.1.1.2. Solvent-borne
7.1.1.2.1. Chloroprene Rubber
7.1.1.2.2. Poly Acrylate (PA)
7.1.1.2.3. Styrenic Block Copolymers
7.1.1.2.4. Other Solvent-borne Adhesives
7.2. Latin America Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Reactive
7.2.1.1.1. Polyurethane
7.2.1.1.2. Epoxy
7.2.1.1.3. Cyanoacrylate
7.2.1.1.4. Modified Acrylic
7.2.1.1.5. Anaerobic
7.2.1.1.6. Silicone
7.2.1.1.7. Other
7.2.1.2. Hot Melt
7.2.1.2.1. Ethylene Vinyl Acetate
7.2.1.2.2. Styrenic Block Copolymers
7.2.1.2.3. Thermoplastic Polyurethane
7.2.1.2.4. Other
7.3. Latin America Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Silicone
7.3.1.2. Polyurethane
7.4. Latin America Adhesives and Sealants Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
7.4.1. Key Highlights
7.4.1.1. Brazil Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.2. Brazil Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
7.4.1.3. Brazil Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.4. Brazil Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
7.4.1.5. Mexico Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.6. Mexico Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
7.4.1.7. Mexico Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.8. Mexico Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
7.4.1.9. Argentina Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.10. Argentina Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
7.4.1.11. Argentina Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.12. Argentina Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
7.4.1.13. Rest of Latin America Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.14. Rest of Latin America Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
7.4.1.15. Rest of Latin America Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
7.4.1.16. Rest of Latin America Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Adhesives and Sealants Market Outlook, 2018 - 2030
8.1. Middle East & Africa Adhesives and Sealants Market Outlook, by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Water-borne
8.1.1.1.1. Acrylic
8.1.1.1.2. Polyvinyl Acetate (PVA) Emulsion
8.1.1.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
8.1.1.1.4. Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
8.1.1.1.5. Other Water-borne Adhesives
8.1.1.2. Solvent-borne
8.1.1.2.1. Chloroprene Rubber
8.1.1.2.2. Poly Acrylate (PA)
8.1.1.2.3. Styrenic Block Copolymers
8.1.1.2.4. Other Solvent-borne Adhesives
8.2. Middle East & Africa Adhesives and Sealants Market Outlook, by Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Reactive
8.2.1.1.1. Polyurethane
8.2.1.1.2. Epoxy
8.2.1.1.3. Cyanoacrylate
8.2.1.1.4. Modified Acrylic
8.2.1.1.5. Anaerobic
8.2.1.1.6. Silicone
8.2.1.1.7. Other
8.2.1.2. Hot Melt
8.2.1.2.1. Ethylene Vinyl Acetate
8.2.1.2.2. Styrenic Block Copolymers
8.2.1.2.3. Thermoplastic Polyurethane
8.2.1.2.4. Other
8.3. Middle East & Africa Adhesives and Sealants Market Outlook, by Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. Silicone
8.3.1.2. Polyurethane
8.4. Middle East & Africa Adhesives and Sealants Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. GCC Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.2. GCC Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.4.1.3. GCC Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.4. GCC Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
8.4.1.5. South Africa Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.6. South Africa Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.4.1.7. South Africa Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.8. South Africa Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
8.4.1.9. Egypt Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.10. Egypt Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.4.1.11. Egypt Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.12. Egypt Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
8.4.1.13. Nigeria Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.14. Nigeria Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.4.1.15. Nigeria Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.16. Nigeria Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
8.4.1.17. Rest of Middle East & Africa Adhesives and Sealants Market by Adhesive Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.18. Rest of Middle East & Africa Adhesives and Sealants Market Adhesives Technology, Value (US$ Bn), 2018 - 2030
8.4.1.19. Rest of Middle East & Africa Adhesives and Sealants Market Sealant Product Type, Value (US$ Bn), 2018 - 2030
8.4.1.20. Rest of Middle East & Africa Adhesives and Sealants Market Sales Channel, Value (US$ Bn), 2018 - 2030
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs Application Heatmap
9.2. Company Market Share Analysis, 2022
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. 3M
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. Henkel
9.4.2.1. Company Overview
9.4.2.2. Product Portfolio
9.4.2.3. Financial Overview
9.4.2.4. Business Strategies and Development
9.4.3. Bostik
9.4.3.1. Company Overview
9.4.3.2. Product Portfolio
9.4.3.3. Financial Overview
9.4.3.4. Business Strategies and Development
9.4.4. H.B.Fuller
9.4.4.1. Company Overview
9.4.4.2. Product Portfolio
9.4.4.3. Financial Overview
9.4.4.4. Business Strategies and Development
9.4.5. Sika
9.4.5.1. Company Overview
9.4.5.2. Product Portfolio
9.4.5.3. Financial Overview
9.4.5.4. Business Strategies and Development
9.4.6. Dow maintain
9.4.6.1. Company Overview
9.4.6.2. Product Portfolio
9.4.6.3. Financial Overview
9.4.6.4. Business Strategies and Development
9.4.7. BASF SE
9.4.7.1. Company Overview
9.4.7.2. Product Portfolio
9.4.7.3. Financial Overview
9.4.7.4. Business Strategies and Development
9.4.8. Arkema Group
9.4.8.1. Company Overview
9.4.8.2. Product Portfolio
9.4.8.3. Financial Overview
9.4.8.4. Business Strategies and Development
9.4.9. Saint-Gobain S.A.
9.4.9.1. Company Overview
9.4.9.2. Product Portfolio
9.4.9.3. Financial Overview
9.4.9.4. Business Strategies and Development
9.4.10. Illinois Tool Works Inc.
9.4.10.1. Company Overview
9.4.10.2. Product Portfolio
9.4.10.3. Financial Overview
9.4.10.4. Business Strategies and Development
9.4.11. PPG Industries Inc.
9.4.11.1. Company Overview
9.4.11.2. Product Portfolio
9.4.11.3. Financial Overview
9.4.11.4. Business Strategies and Development
9.4.12. Franklin International
9.4.12.1. Company Overview
9.4.12.2. Product Portfolio
9.4.12.3. Financial Overview
9.4.12.4. Business Strategies and Development
9.4.13. KCC Corporation
9.4.13.1. Company Overview
9.4.13.2. Product Portfolio
9.4.13.3. Financial Overview
9.4.13.4. Business Strategies and Development
9.4.14. Mapei SpA
9.4.14.1. Company Overview
9.4.14.2. Product Portfolio
9.4.14.3. Financial Overview
9.4.14.4. Business Strategies and Development
9.4.15. RPM International Inc.
9.4.15.1. Company Overview
9.4.15.2. Product Portfolio
9.4.15.3. Financial Overview
9.4.15.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations
BASE YEAR |
HISTORICAL DATA |
FORECAST PERIOD |
UNITS |
|||
2022 |
2018 - 2022 |
2023 - 2030 |
Value: US$ Million |
REPORT FEATURES |
DETAILS |
Adhesive Type Coverage |
|
Adhesive Technology Coverage |
|
Sealant Coverage |
|
Geographical Coverage |
|
Leading Companies |
|
Report Highlights |
Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain) |
Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.
View Methodology