Overview of Adhesives and Sealants Market manufacturers & industry share 2016–2023

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Adhesives and Sealants Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Global Market Scenario of Adhesives and Sealants
Industry

• Adhesives and Sealants Market is projected to
  surpass USD 40 billion and USD 9.5 billion from
  2015 to 2023, respectively. Global Market
  Insights Inc. has published a new study based
  report on Adhesives and Sealants industry. The
  report talks about the market in terms of
  definition, classification, estimations in terms
  of value and volume.
• It features the current and future forecasts as
  per the parallel industrial and financial
  outlook. Furthermore, it covers current events
  and trends of leading global companies including
  important developments, mergers and acquisitions,
  partnerships and agreements, investments and
  expansions, etc. It also discusses about the key
  aspects like drivers, impediments, opportunities
  and challenges that influence the market.
• The need of higher performance characteristics
  has lead the adhesives market gradually to shift
  from the conventional solvent based adhesives
  towards the application of superior -performance
  products including pressure sensitive and
  reactive hot melts adhesives.

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• This gradual and steady shift in segment is
  furthering the overall demand growth of hot melt
  adhesives. Waterborne adhesive market size is
  estimated to dominate the technology segment in
  adhesives and sealants market during the forecast
  period.
• Reasons to Buy This Report
• 1. Adhesives and Sealants Market size
  share forecast by product application,
  2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Key Adhesives and Sealants Market
  growth opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Growth in automobile production, infrastructure
  development is likely to have a positive impact
  on the demand growth. Growing use of polymer and
  plastic in light weight automobiles to improve
  efficiency is anticipated to impel market size,
  with expected growth of 4.9 and 5.9 during the
  expected timeframe.
• Escalation in construction expenses in
  Indonesia, China and India is poised to boost
  demand. European silicone sealants market demand
  is forecast to observe a substantial growth in
  next few years.

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Research Methodology
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Regional Insights

• China adhesives market size, was over USD 5
  billion in 2015. Favorable regulation promoting
  growth along with FDI schemes to promote end-use
  industries growth should drive regional product
  demand. Asia Pacific formed a major share in
  global pressure sensitive adhesive market in
  2015.
• North America, dominated by U.S. adhesives market
  size, should surpass USD 8.5 billion by 2023.
  Growth in construction spending along with growth
  in automobiles sales in the region should boost
  product demand.
• Europe sealants market size should exceed 700
  kilo tons by 2023. Presence of major automotive
  industries in Germany and France should drive
  regional industry growth. China sealants market
  size should surpass USD 2 billion by 2023.
  Silicones and PU were the major products used for
  numerous applications.

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Competitive Insights

• Global adhesives and sealants market share is
  moderately fragmented as top four companies
  constitute over 40 of the overall share. Some
  companies operating in this industry are
• Dow Chemical, 3M, HB Fuller, Henkel, Sika AG,
  BASF, Ashland, Uniseal, Bayer, N.D. Industries,
  Eastman Chemical, Bostik, Avery Dennison,
  Acucote, Creative Materials and Franklin
  International. Some companies are present across
  the value chain which benefit better production
  output.

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