Uploaded on May 20, 2021
Rising demand from packaging, automotive, and construction owing to increase in industrialization is projected to be an advantage for the global adhesives & sealants market. The global market is projected to reach more than USD 75 billion over the forecast period.
Adhesives & Sealants Market to Witness Growth Acceleration during 2021-2025
Adroit Market Research
Adhesives & Sealants Market
by Technology (Water-Based, Solvent-Based, Hot Melt, Others),
Application (Pressure Sensitive Applications, Construction,
Furniture, Automotive, and Others) and by Region (North
America, Europe, Asia Pacific, Central & South America, and
Middle East & Africa), Global Forecasts 2018 to 2025
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Rapid Industrialization Will Drive The Market Of Adhesives
& Sealants At A CAGR Of Over 4%.
• Rising demand from packaging, automotive, and construction owing to increase in industrialization is projected to be an
advantage for the global adhesives & sealants market. The global market is projected to reach more than USD 75 billion
over the forecast period.
• Thanks to its high tensile and shear strength, these adhesives are used for applications related to holding and binding. In
applications such as aircrafts and cars, the use of adhesives and displays decreases weight hence, increasing the fuel
economy rate. The traditional joining methods are replaced with adhesives that allow the weight of the finished product to
minimize.
• The car industry is projected to further replace the welding activities of the motor part assembly with adhesive and sealant
products that improves fuel efficiency as a result of reduced weight. In modern times, companies choose the glass
construction infrastructures to enhance the appearance of the building; large glass sheets are mounted that require
sealants inside the panel in order to achieve a weather-resistant building. Because of improved manufacturing and
development methods, adhesives are commonly used in the disposable medical device market. Progress in medical
procedures and the aging population will continue to cause growth on the demand for adhesives and sealants.
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Adroit Market Research
Rapid Industrialization Will Drive The Market Of Adhesives
& Sealants At A CAGR Of Over 4%.
• In terms of technology, the global market is segmented into water-based, solvent-based, hot
melt, reactive & others. Similarly, in terms of application, the global market is segmented into
pressure sensitive applications, construction, furniture, automotive. North America, Europe, Asia
Pacific, Central & South America, and Middle East & Africa are covered in the regional market
chapter of this report. Asia Pacific dominated the global adhesive & sealant market.
• Global leaders in this market include 3M, Ashland, Avery Dennison Corporation, BASF, Beardow &
Adams (Adhesives) Ltd, Bostik, Dow Chemical Company, Eastman Chemical Company, Ellsworth
Adhesives, H.B Fuller Company, Henkel, and Momentive Specialty Chemical Inc. However,
volatility in the prices is still the major concern for the global players. R&D activities are currently
more focused on finishing techniques than the creation of new pigment molecules.
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Adroit Market Research
Key segments across Adhesives & Sealants market
Technology Overview, 2018-2025, (USD Million) (Kilo Tons)
• Water-Based
• Hot Melt
• Solvent-Based
• Others
Applications Overview, 2018-2025, (USD Million) (Kilo Tons)
• Pressure Sensitive Applications
• Construction
• Furniture
• Automotive
• Others
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Adroit Market Research
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