Title: Key Factors on World Adhesives and Sealants Market 2022
1World Adhesives and Sealants Market -
Opportunities and Forecasts, 2015 - 2022
Published Date 01 May, 2016 No of Pages
110 Single User Price 4740
Global Adhesives Sealants Market is projected
to reach 66,876 million by 2022, with a CAGR of
3.7 from 2016 to 2022
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2An adhesive is a chemical mixture that joins two
surfaces together to frame a single unit, whereas
a sealant is a semi-solid material which is used
for prevention of fluid leakage. Adhesives
sealants are formulated with similar chemicals
and technologies, and are used in a related range
of applications.
3- Although they are considered as a single
industry, their performance is distinct across
end applications. - Regulatory bodies have different specifications
and test methods for each of them. - Adhesives have high shear and tensile strength,
which makes the material preferable for holding-
and bonding-related applications. - On the other hand, sealants fill gaps and resist
relative movement of substrates. They are
generally lower in strength than adhesives, but
have better flexibility. - The global adhesives sealants market is
projected to reach 66,876 million by 2022, with
a CAGR of 3.7 from 2016 to 2022.The adhesives
sealants market is driven by multiple factors
such as the growing demand for lightweight
products, rapid infrastructure development, and
commercial renovation activities. - The automotive industry is gradually replacing
welding activities of engine parts assembly with
adhesives sealants products to reduce the
vehicle weight, which in turn increases fuel
efficiency
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4- Glass building constructions, especially for
commercial space, are growing at a faster pace
globally large glass sheets installed in these
giant structures require considerable amount of
sealants in the panel to make the structure
weather tight. - In addition to the growth aspect, there are some
challenges the industry has to overcome, such as
availability and volatile cost of raw material
for the manufacture of adhesive sealant
products. - The global adhesives sealants market is
segmented on the basis of various parameters such
as adhesive type, sealant type, application, and
geography. - Based on adhesive type, the market is classified
into water-based, solvent-based, hot melt,
pressure-sensitive, and Others, where others
include reactive adhesives formaldehyde
adhesives. - Acrylic, silicone, polyurethane, butyl,
polysulfide, latex, and silyl modified
polymer-based sealants are considered under the
sealant type segmentation, where each type is
further classified to give an elaborative idea on
the market. - Water-based adhesives dominate the overall
adhesives market, whereas the sealants market is
dominated by silicone-based sealants, in 2015.
5- Adhesives sealants have a wide range of
applications such as from paperboard packaging,
building construction, woodworking joinery,
transportation, footwear leather, medical, and
others. - Paperboard packaging and building
construction are the major applications for
adhesives sealants, which together contributed
more than half of the total revenue in 2015.The
adhesives sealants market, with its demand in
end applications, has witnessed considerable
growth over the past few years, and this growth
is estimated to increase in the coming years. - Top players in the market are investing huge
capital in RD activities to develop enhanced
products, which helps to meet current demand.
Some of the major players in the adhesive
sealant market are Henkel AG Co. KGaA
(Germany), Sika AG (Switzerland), H.B. Fuller
(U.S.), 3M Corporation (U.S.), and Bostik SA
(France).
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6- Geographically, the global adhesives sealants
market is segmented into North America, Europe,
Asia-Pacific, and LAMEA. - Asia-Pacific is the largest region for the
market, with a revenue share of one-third in
2015, followed by Europe and North-America, each
occupying a one-fourth revenue share. - ADHESIVES SEALANTS MARKET KEY BENEFITS The
report provides an in-depth analysis of the
global adhesives sealants market and future
estimations from 2015 to 2022, including
information about the current market situation,
changing market dynamics, expected trends, and
market intelligence. - The factors that drive and impede the growth of
the global market are comprehensively analyzed in
this study. - SWOT analysis highlights the internal environment
of leading companies for effective strategy
formulation. - The report contains a comprehensive study of the
key strategies adopted by companies to gain
traction in the market. Micro-level analysis is
conducted based on type, application, and region.
7- ADHESIVES SEALANTS MARKET KEY SEGMENTS The
adhesives sealants market is segmented on the
basis of adhesive type, sealant type,
application, and geography. - WORLD ADHESIVES MARKET
- BY TYPE Water-Based Adhesives Vinyl Acetate
Vinyl Acetate Copolymer Acryl EmulsionOthersSolven
t-Based Adhesives Vinyl AcetateResinsRubberOthersH
ot Melt Adhesives Ethylene Vinyl Acetate
(EVA)RubberOthersPressure-Sensitive
AdhesivesAcrylRubberOthersOthers (Reactive
Adhesives, Formaldehyde Adhesives) - BY TYPE Acrylic SealantSilicone
SealantPolyurethane SealantButyl SealantOthers
(Polysulfide, Latex, and Silyl Modified
Polymers)WORLD ADHESIVES SEALANTS MARKET - BY APPLICATION Paperboard Packaging Building
Construction Woodworking JoineryTransportationFo
otwear LeatherMedicalOthers (Assembly
Operations, Decorative Films) - BY GEOGRAPHY North AmericaU.S.MexicoCanadaEuropeUK
GermanyFranceItalyRest of EuropeAsia-PacificChinaJ
apanIndiaRest of Asia-PacificLAMEABrazilAfricaMidd
le EastOthers
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8World Adhesives and Sealants Market -
Opportunities and Forecasts, 2015 - 2022
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the World Adhesives and Sealants Market and
future opportunities are provided in the report.
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