Uploaded on Apr 16, 2021
The global elastic adhesives market is segmented by type, application, end-use industries, and region. On the basis of the type, the market is segmented into silicone modified polymers, silicone, polyurethane, and others. The silicone type is sub-segmented into denatured silicone and blend of denatured silicone and epoxy. Among these silicone modified polymers are the most preferred elastic adhesives owing to UV resistance, weatherability, and high impact strength. The product is widely used in the building & construction and transportation industry as a result of its superior properties.
Global Elastic Adhesive Market 2023
Global Elastic Adhesive Market 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global Elastic Adhesive Market 2023
Global Elastic Adhesive Market 2023: Industry Survey, Growth,
Competitive
Landscape and Forecasts to 2023
• The global elastic adhesives market is segmented by type, application, end-use industries, and
region. On the basis of the type, the market is segmented into silicone modified polymers, silicone,
polyurethane, and others. The silicone type is sub-segmented into denatured silicone and blend of
denatured silicone and epoxy.
• Among these silicone modified polymers are the most preferred elastic adhesives owing to UV
resistance, weatherability, and high impact strength. The product is widely used in the building &
construction and transportation industry as a result of its superior properties.
• Polyurethane is increasingly used in home furnishing such as furniture, carpeting & betting, and for
bonding windscreens, side & rear window of vehicles.
• Based on the application, the market is segmented into building maintenance, floor covering,
automobiles, aircraft, ships, domestic appliances, and others.
• The building & construction industry accounted for the largest share due to rising residential and
non-residential construction industry. The product is preferred in panel and glazing as it limits the
use of screws, nails and fillet bonders.
• The product use is increasing in wood flooring, especially in the marine ships owing to sound
dampening and even stress distribution. Elastic adhesive finds application in domestic appliances for
bonding and sealing of the substrates.
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Global Elastic Adhesive Market 2023
Competitive Landscape
• Arkema SA (France),
• DowDuPont (U.S.),
• 3M (U.S.),
• ThreeBond Holdings Co., Ltd (Japan),
• Wacker Chemie AG (Germany),
• Henkel AG & Co., KGaA (Germany),
• CEMEDINE Co., ltd (Japan),
• WEICON GmbH & Co.KG (Germany),
• Mapei Construction Products India Pvt Ltd (India),
• H.B. Fuller (U.S.),
• SAMEDIA (Germany).
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Global Elastic Adhesive Market 2023
Regional Analysis
• Based on the region, the elastic adhesives market is segregated into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa.
• Asia Pacific is the fastest growing region in the elastic adhesives market owing to the growing
construction industry with rising investment in the residential activities coupled with rising
disposable income of the consumers.
• North America is the second largest region in the market with reviving automotive industry as a
result of increasing demand for the fuel-efficient vehicles.
• Europe is another significant region in the market due to rapidly expanding construction and
packaging & labeling industry. Moreover, rising regulations relating to carbon emission is stimulating
the product demand.
• Latin America and the Middle East & Africa are likely to witness a moderate growth during the
review period with growing demand for automobiles and rising investment on residential and non-
residential construction activities.
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Global Elastic Adhesive Market 2023
Application & Major Players in this Research:
• construction,
• transportation,
• packaging & labeling,
• electronics
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