Adhesives and Sealants

Adhesives and Sealants Market - Industry Trends, Outlook
and Key Market Players
Adhesives are substances that possess properties capable of holding materials
together in a functional manner that resists separation. Adhesives include
cement, glue, paste and mucilage, which are used to hold objects together.
Sealants are materials with adhesive properties that are used to seal, fill,
waterproof, gaps, and joints between two surfaces. Owing to these properties,
sealants are widely used in dental care to fill cavities. Moreover, due to high
tensile and shear strength, adhesive are classified into two categories such as
structural adhesive and nonstructural adhesives.
The chemicals formulation and technology involved in adhesive and sealants are
similar. Water-based adhesive and silicon-based sealants are expected to hold a
dominant position in the global adhesives and sealants market over the forecast,
owing to the significant expected growth in the construction, packaging, and
automobiles industries, which widely employ sealants and adhesives
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Adhesives and Sealants Market Outlook – Surging demand in Automobile
and Construction Industry Augmenting Market Growth
Asia Pacific is expected to be one the major revenue contributors due to the
presence of emerging economies and supportive government policies in the
region. For instance, Make in India initiative by Government of India aims to
boost the manufacturing of passenger vehicles to 9.4 million in the country, by
2026. Moreover, due to rampant economic growth and rapid urbanization in in
India and China, the demand for adhesive and sealants in Asia Pacific, is
expected to witness tremendous growth over the forecast period. The growth of
the market is also fueled by burgeoning growth experienced in various end-use
industries in the region. Demand for modern buildings and commercial
complexes with glass exteriors is increasing, in turn driving growth of the global
adhesive and sealants market.
Some of the key companies leading the market are 3M, The Dow Chemicals
Company, Henkel AG & Co. KGaA, Avery Dennison, Royal Adhesives &
Sealants LLC, Ashland Inc., Akzo Nobel NV, Arkema SA, BASF SE, Bemis
Company Incorporated, Berry Plastics Corporation, RPM International, DuPont,
and Evans Adhesive Corporation Limited, among others. Manufacturers are
working closely with OEMs and R&D centers of major automotive players, to
bridge the demand gap and offer tailored- products.
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Adhesives and Sealants Market report categorizes global market by product type, application, and geography - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players

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