Adhesives and Sealants Market Key Opportunity, Analysis, Growth, Trends 2027 (1)

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Adhesives and Sealants Market Trends 2021
Industry Growth, Size, Share, Demand and Forecast
to 2027
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Global Market Scenario of Adhesives and Sealants
Industry

• According to a recent study by Global Market
  Insights, Inc., the adhesive and sealant market
  valuation is anticipated to exceed USD 64.7
  billion and USD 15 billion respectively by 2027.
  The industry is driven by an upsurge in
  acquisition and merger activities by major market
  participants.
• Surging customer inclination towards modern
  lifestyle and the increasing social media
  influence for wearable products are expected to
  open up attractive opportunities for the
  expansion of the adhesives and sealants market
  size through the coming years.
• For instance, in September 2017, H.B. Fuller
  Company entered into an agreement for the
  purchase of Royal Adhesives Sealants, an
  prominent adhesives and sealants manufacturer.
  The consistency of the business in delivering
  market-leading growth rates, free cash flow, and
  EBITDA margins are expected to improve H.B.
  Fullers position as an adhesives industry leader
  at the global level.

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Continue-

• How will the North America sealant market fare
  through 2027?
• North America sealant market is expected to
  record gains of more than 6.4 over the forecast
  time period. This is due to the expanding
  construction sector in the region. The product
  witnesses surface application in flooring,
  ceramics, and cement in the construction
  industry.
• In addition, the rapid growth of residential
  construction projects in Canada is also estimated
  to foster market growth through the ensuing
  years.
• Why will the consumer application segment add a
  lucrative share to the adhesives and sealants
  industry size?
• The consumer application segment was valued at
  more than USD 600 million in 2020 and will depict
  appreciable growth through 2027. Sealants are
  extensively used by consumers for water blocking,
  plumbing, and carpeting applications.

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360 Industry Analysis

• What factors will propel the expansion of
  silicone sealants segment in the adhesives and
  sealants market?
• Silicone sealants are deployed as plasticizers,
  coupling agents, catalysts, and fillers in the
  construction sector. When combined with water,
  these sealants solidify at room temperature for
  providing hardness and blocking the passage of
  air, dust, and water.
• These sealants form elastic silicone rubber upon
  combining with water. The rubber is utilized for
  a wide range of applications in sportwear,
  footwear, baking food storage products, and
  cooking. This extensive application scope of the
  product would majorly foster business outlook for
  the segment.
•  

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• Competitive Analysis
• HB Fuller, Sika, Huntsman Corporation, DowDuPont,
  Avery Dennison Corporation, Arkema, 3M Company,
  RPM International Inc., PPG Industries, Lord
  Corporation are some of the key players operating
  in the Adhesives and Sealants Market.

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