Adhesives And Sealants Market Synopsis
Adhesives And Sealants Market Size Was Valued at USD 71.4 Billion in 2023, and is Projected to Reach USD 121.7 Billion by 2032, Growing at a CAGR of 6.1% From 2024-2032.
The adhesives and sealants market is a broad category of products applied to join materials to each other by using bonds with unspecified characteristics. Bonds are substances that join two or more materials by forming a bond at the surface of the material being bonded while the fillers are materials used in filling up gaps, joints and seams to eliminate the passage of liquids or gases. These are usually in form of liquid, solid and semi solid systems, and its specialization for certain use is determined by its performance characteristic across such sectors as construction, automobile, packaging, electronics and the consumers goods industries. The adhesives and sealants market is ever growing due to the technological advancements in both the materials and the manufacturing techniques along with the change in the customer requirements where the key emphasis is placed on the increase of environmental consciousness, improvement of the performance and development of the niche products required for the modern applications.
- Global adhesives & sealants market can be defined as a product market that consists of chemicals that are used for joining or fastening, gluing, or sealing different surfaces for various industries. Whereas adhesives are materials that bond two or more materials to each other by surface means, sealants are materials that are applied at gaps, joints or seams wherever the flow of fluids or gases need to be stopped. It is available in liquid, solid and semi-solid forms and it has specific type of formulation according to the usage and its performance in constructions, automotive, packaging, electronics and consumer product industries.
- The adhesives and sealants market can be described as a market with high levels of innovation as a result of development in the materials science, manufacturing technology among other factors. The critical trends are, therefore, the growth of environmentally-friendly and sustainable formulations, the advancement in adhesion and sealer’s improvements using nanotechnology and additional features, and the introduction of new application approaches. The adhesives and sealants market will continue to progress as industries focus more on efficiency, durability, and sustainability in the market where the products are used such as manufacturing, construction, and product design.
Adhesives And Sealants Market Trend Analysis
Increasing demand from the construction and packaging industries
- The globalization factor has been seen to play a significant role and one of the important factors is seen to be the construction and packaging industry demand. This is attributed to the gradually growing construction industry and more so in the emerging markets where the need for durable adhesives and sealants used in activities like flooring, roofing, and insulation among others is constantly being experienced. Thus, the constant change occurring in the packaging industry to find more efficient, sustainable, and attractive materials for their products has increased the demand for specific adhesives and sealants that can offer better performance, low environmental impact, and design possibilities.
- Such trend is supported by the already mentioned rise of the urbanization rate and economic growth in many areas implying better conditions for construction industry and consumption of consumer products. Sabric in the adhesives and the sealants market have realized these need gaps by tapping in cash on research in coming up with new formulas that delivers optimized bonding power, equally effective curing period and beneficiary resistance to different environmental conditions thus placing the industry in a good stand for further growth in the coming years.
Growing demand from the automotive and aerospace industries
- Another critical factor, which offers a good prospect in the globalization adhesives and sealants market, is the increased need from automobile and aerospace industry. Thus, with an increasing importance of lightweight, high fuel efficiency and use of latest technologies in automobile and aviation industries in the future, the requirement for the relevant adhesives and sealants in also blossoming. Adhesive bonding has several advantages than the mechanical fastening techniques such as reduction in weight, design freedom and good appearance. This evolution to adhesive based joining is exposing enormous opportunities for adhesive and sealants manufacturers to come up with better products that can beリsuitable for the performance and safety criteria of automotive and aerospace industries.
- besides, the constant trend toward environmentalism and sustainable development results in the enhanced demand for environmentally friendly adhesives and sealants, thus increasing the market Stewart & Roth 2019 . Thus, if manufacturers invest in their focus on new technologies and innovation in the form of adhesives and sealants that are high-performance, long-lasting, and more environmentally friendly, this need can be viewed as a growth opportunity in the future of automotive and aerospace industries.
Adhesives And Sealants Market Segment Analysis:
Adhesives And Sealants Market Segmented on the basis of Adhesives Product, Adhesives Application, Sealants Product and Sealants Application.
By Adhesives Product, Acrylic segment is expected to dominate the market during the forecast period
- The acrylic segment is expected to hold the largest market share in the adhesives and sealants market in the future as well. This can attribute to the increased market penetration with acrylic adhesives across all sectors of economy.
- Acrylic adhesives have several advantages that make them more preferable for use, these include; high bond strength, apart from being highly durable they are also resistant to both heat and chemicals and the clear type provides clarity of the bonded surfaces. Due to the following properties acrylic adhesives find their application in various industries like automotive, construction, electronics, and packaging industries etc.
- As for automotive, the major uses of acrylic adhesive are applied to bonding interior and exterior auto parts because this adhesive offers high bond strength and also has good resistance against environmental conditions. In a similar manner, in construction industry acrylic glue is used to fix such artefacts as glass, metals, and plastics that are used in the construction of buildings in areas that require high stress and where conventional techniques of fastening are not feasible. In electronics reactors acrylic adhesives are also used for bonding parts and boards because they have excellent electrical insulating characteristics.
By Sealants Application, Construction segment expected to held the largest share
- The construction segment is forecasted to have the largest market share of the global sealants in the forecast period. This can be ascribed to the increasing prospect for sealants across a niche of construction uses like glazing, flooring, joining, sanitary facilities, and kitchens.
- Some of its features are; Basically, construction sealants are used to offer stress bearing capacity and to minimize cracking because of environmental changes. These are extensively used in window framing, sanitary facilities and areas, kitchens, expansion joints, floors, walls and panels. With the growth in construction trades like airports, bridges, dams, and metro station, sealants for flooring, expansion joint, panel, and other usages are on the rise.
- In addition, the category of green sealants or having low VOC values because of the increasing use of environmentally friendly products and solutions in different construction uses should also help drive the segment. With the development of construction industry the need for efficient, lasting, and environment friendly sealants will increase and thus the construction segment will maintain the largest share of the global sealants market during the forecast period.
Adhesives And Sealants Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Firstly, industrialisation, economic growth and increasing manufacturing and industrial productions in the Asia-Pacific region especially in the three countries of; China, India and Japan. Thus, there was a continuously rising demand for adhesive and sealant materials throughout their application sectors which include construction, automotive, packaging, and electronics industries. For instance, increasing construction work and the increasing automotive market in the area creates the need for adhesives and sealants employed in the construction of floorings, roofing systems, and automotive vehicles.
- Moreover, extensive population and increasing income per capita supplemented by the demand in consumer item and furniture industry, DIY products, which demand adhesives and sealants. Also, due to the high status of the APAC region in the electronics manufacturing world, the demand for new adhesives and sealants used in the manufacture of electrical components will increase.
Active Key Players in the Adhesives and Sealants Market
- 3M (United States)
- Ashland Inc (United States)
- Avery Dennison Corporation (United States)
- BASF SE (Germany)
- Bostik (France)
- Dow Chemical Company (United States)
- Evonik Industries AG (Germany)
- H.B. Fuller (United States)
- Henkel AG (Germany)
- Huntsman (United States)
- Pidilite Industries (India)
- RPM International Inc (United States)
- Sika AG (Switzerland)
- Solvay (Belgium)
- Wacker Chemie AG (Germany) and Other Active Players
Key Industry Developments in the Adhesives And Sealants Market:
- In June 2023, Beardow Adams, a UK-based adhesive manufacturing company that provides a variety of industrial adhesives, was acquired by H.B. Fuller. The acquisition will accelerate H.B. Fuller's expansion in numerous primary markets, resulting in the development of innovative solutions, improved distribution capabilities, and increased profitability and business synergies through production optimization.
Global Adhesives And Sealants Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 71.4 Bn. |
Forecast Period 2024-32 CAGR: |
6.1% |
Market Size in 2032: |
USD 121.7 Bn. |
Segments Covered: |
By Adhesives Product |
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By Adhesives Application |
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By Sealants Product |
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By Sealants Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Adhesives and Sealants Market by Adhesives Product
4.1 Adhesives and Sealants Market Snapshot and Growth Engine
4.2 Adhesives and Sealants Market Overview
4.3 Acrylic
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Acrylic: Geographic Segmentation Analysis
4.4 PVA
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 PVA: Geographic Segmentation Analysis
4.5 Polyurethanes
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Polyurethanes: Geographic Segmentation Analysis
4.6 Styrenic block
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Styrenic block: Geographic Segmentation Analysis
4.7 Epoxy
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Epoxy: Geographic Segmentation Analysis
4.8 EVA
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 EVA: Geographic Segmentation Analysis
4.9 Others
4.9.1 Introduction and Market Overview
4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.9.3 Key Market Trends, Growth Factors and Opportunities
4.9.4 Others: Geographic Segmentation Analysis
Chapter 5: Adhesives and Sealants Market by Adhesives Application
5.1 Adhesives and Sealants Market Snapshot and Growth Engine
5.2 Adhesives and Sealants Market Overview
5.3 Paper & packaging
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Paper & packaging: Geographic Segmentation Analysis
5.4 Consumer & DIY
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Consumer & DIY: Geographic Segmentation Analysis
5.5 Building & construction
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Building & construction: Geographic Segmentation Analysis
5.6 Furniture & woodworking
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Furniture & woodworking: Geographic Segmentation Analysis
5.7 Footwear & leather
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Footwear & leather: Geographic Segmentation Analysis
5.8 Automotive & transportation
5.8.1 Introduction and Market Overview
5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.8.3 Key Market Trends, Growth Factors and Opportunities
5.8.4 Automotive & transportation: Geographic Segmentation Analysis
5.9 Medical
5.9.1 Introduction and Market Overview
5.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.9.3 Key Market Trends, Growth Factors and Opportunities
5.9.4 Medical: Geographic Segmentation Analysis
5.10 Others
5.10.1 Introduction and Market Overview
5.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.10.3 Key Market Trends, Growth Factors and Opportunities
5.10.4 Others: Geographic Segmentation Analysis
Chapter 6: Adhesives and Sealants Market by Sealants Product
6.1 Adhesives and Sealants Market Snapshot and Growth Engine
6.2 Adhesives and Sealants Market Overview
6.3 Silicones
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Silicones: Geographic Segmentation Analysis
6.4 Polyurethanes
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Polyurethanes: Geographic Segmentation Analysis
6.5 Acrylic
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Acrylic: Geographic Segmentation Analysis
6.6 Polyvinyl acetate
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Polyvinyl acetate: Geographic Segmentation Analysis
6.7 Others
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Others: Geographic Segmentation Analysis
Chapter 7: Adhesives and Sealants Market by Sealants Application
7.1 Adhesives and Sealants Market Snapshot and Growth Engine
7.2 Adhesives and Sealants Market Overview
7.3 Construction
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Construction: Geographic Segmentation Analysis
7.4 Automotive
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Automotive: Geographic Segmentation Analysis
7.5 Packaging
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Packaging: Geographic Segmentation Analysis
7.6 Assembly
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Assembly: Geographic Segmentation Analysis
7.7 Consumers
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Consumers: Geographic Segmentation Analysis
7.8 Others
7.8.1 Introduction and Market Overview
7.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.8.3 Key Market Trends, Growth Factors and Opportunities
7.8.4 Others: Geographic Segmentation Analysis
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Benchmarking
8.1.2 Adhesives and Sealants Market Share by Manufacturer (2023)
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Mergers and Acquisitions
8.2 3M (UNITED STATES)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Role of the Company in the Market
8.2.5 Sustainability and Social Responsibility
8.2.6 Operating Business Segments
8.2.7 Product Portfolio
8.2.8 Business Performance
8.2.9 Key Strategic Moves and Recent Developments
8.2.10 SWOT Analysis
8.3 ASHLAND INC (UNITED STATES)
8.4 AVERY DENNISON CORPORATION (UNITED STATES)
8.5 BASF SE (GERMANY)
8.6 BOSTIK (FRANCE)
8.7 DOW CHEMICAL COMPANY (UNITED STATES)
8.8 EVONIK INDUSTRIES AG (GERMANY)
8.9 H.B. FULLER (UNITED STATES)
8.10 HENKEL AG (GERMANY)
8.11 HUNTSMAN (UNITED STATES)
8.12 PIDILITE INDUSTRIES (INDIA)
8.13 RPM INTERNATIONAL INC (UNITED STATES)
8.14 SIKA AG (SWITZERLAND)
8.15 SOLVAY (BELGIUM)
8.16 WACKER CHEMIE AG (GERMANY)
8.17 OTHER ACTIVE PLAYERS
Chapter 9: Global Adhesives and Sealants Market By Region
9.1 Overview
9.2. North America Adhesives and Sealants Market
9.2.1 Key Market Trends, Growth Factors and Opportunities
9.2.2 Top Key Companies
9.2.3 Historic and Forecasted Market Size by Segments
9.2.4 Historic and Forecasted Market Size By Adhesives Product
9.2.4.1 Acrylic
9.2.4.2 PVA
9.2.4.3 Polyurethanes
9.2.4.4 Styrenic block
9.2.4.5 Epoxy
9.2.4.6 EVA
9.2.4.7 Others
9.2.5 Historic and Forecasted Market Size By Adhesives Application
9.2.5.1 Paper & packaging
9.2.5.2 Consumer & DIY
9.2.5.3 Building & construction
9.2.5.4 Furniture & woodworking
9.2.5.5 Footwear & leather
9.2.5.6 Automotive & transportation
9.2.5.7 Medical
9.2.5.8 Others
9.2.6 Historic and Forecasted Market Size By Sealants Product
9.2.6.1 Silicones
9.2.6.2 Polyurethanes
9.2.6.3 Acrylic
9.2.6.4 Polyvinyl acetate
9.2.6.5 Others
9.2.7 Historic and Forecasted Market Size By Sealants Application
9.2.7.1 Construction
9.2.7.2 Automotive
9.2.7.3 Packaging
9.2.7.4 Assembly
9.2.7.5 Consumers
9.2.7.6 Others
9.2.8 Historic and Forecast Market Size by Country
9.2.8.1 US
9.2.8.2 Canada
9.2.8.3 Mexico
9.3. Eastern Europe Adhesives and Sealants Market
9.3.1 Key Market Trends, Growth Factors and Opportunities
9.3.2 Top Key Companies
9.3.3 Historic and Forecasted Market Size by Segments
9.3.4 Historic and Forecasted Market Size By Adhesives Product
9.3.4.1 Acrylic
9.3.4.2 PVA
9.3.4.3 Polyurethanes
9.3.4.4 Styrenic block
9.3.4.5 Epoxy
9.3.4.6 EVA
9.3.4.7 Others
9.3.5 Historic and Forecasted Market Size By Adhesives Application
9.3.5.1 Paper & packaging
9.3.5.2 Consumer & DIY
9.3.5.3 Building & construction
9.3.5.4 Furniture & woodworking
9.3.5.5 Footwear & leather
9.3.5.6 Automotive & transportation
9.3.5.7 Medical
9.3.5.8 Others
9.3.6 Historic and Forecasted Market Size By Sealants Product
9.3.6.1 Silicones
9.3.6.2 Polyurethanes
9.3.6.3 Acrylic
9.3.6.4 Polyvinyl acetate
9.3.6.5 Others
9.3.7 Historic and Forecasted Market Size By Sealants Application
9.3.7.1 Construction
9.3.7.2 Automotive
9.3.7.3 Packaging
9.3.7.4 Assembly
9.3.7.5 Consumers
9.3.7.6 Others
9.3.8 Historic and Forecast Market Size by Country
9.3.8.1 Bulgaria
9.3.8.2 The Czech Republic
9.3.8.3 Hungary
9.3.8.4 Poland
9.3.8.5 Romania
9.3.8.6 Rest of Eastern Europe
9.4. Western Europe Adhesives and Sealants Market
9.4.1 Key Market Trends, Growth Factors and Opportunities
9.4.2 Top Key Companies
9.4.3 Historic and Forecasted Market Size by Segments
9.4.4 Historic and Forecasted Market Size By Adhesives Product
9.4.4.1 Acrylic
9.4.4.2 PVA
9.4.4.3 Polyurethanes
9.4.4.4 Styrenic block
9.4.4.5 Epoxy
9.4.4.6 EVA
9.4.4.7 Others
9.4.5 Historic and Forecasted Market Size By Adhesives Application
9.4.5.1 Paper & packaging
9.4.5.2 Consumer & DIY
9.4.5.3 Building & construction
9.4.5.4 Furniture & woodworking
9.4.5.5 Footwear & leather
9.4.5.6 Automotive & transportation
9.4.5.7 Medical
9.4.5.8 Others
9.4.6 Historic and Forecasted Market Size By Sealants Product
9.4.6.1 Silicones
9.4.6.2 Polyurethanes
9.4.6.3 Acrylic
9.4.6.4 Polyvinyl acetate
9.4.6.5 Others
9.4.7 Historic and Forecasted Market Size By Sealants Application
9.4.7.1 Construction
9.4.7.2 Automotive
9.4.7.3 Packaging
9.4.7.4 Assembly
9.4.7.5 Consumers
9.4.7.6 Others
9.4.8 Historic and Forecast Market Size by Country
9.4.8.1 Germany
9.4.8.2 UK
9.4.8.3 France
9.4.8.4 Netherlands
9.4.8.5 Italy
9.4.8.6 Russia
9.4.8.7 Spain
9.4.8.8 Rest of Western Europe
9.5. Asia Pacific Adhesives and Sealants Market
9.5.1 Key Market Trends, Growth Factors and Opportunities
9.5.2 Top Key Companies
9.5.3 Historic and Forecasted Market Size by Segments
9.5.4 Historic and Forecasted Market Size By Adhesives Product
9.5.4.1 Acrylic
9.5.4.2 PVA
9.5.4.3 Polyurethanes
9.5.4.4 Styrenic block
9.5.4.5 Epoxy
9.5.4.6 EVA
9.5.4.7 Others
9.5.5 Historic and Forecasted Market Size By Adhesives Application
9.5.5.1 Paper & packaging
9.5.5.2 Consumer & DIY
9.5.5.3 Building & construction
9.5.5.4 Furniture & woodworking
9.5.5.5 Footwear & leather
9.5.5.6 Automotive & transportation
9.5.5.7 Medical
9.5.5.8 Others
9.5.6 Historic and Forecasted Market Size By Sealants Product
9.5.6.1 Silicones
9.5.6.2 Polyurethanes
9.5.6.3 Acrylic
9.5.6.4 Polyvinyl acetate
9.5.6.5 Others
9.5.7 Historic and Forecasted Market Size By Sealants Application
9.5.7.1 Construction
9.5.7.2 Automotive
9.5.7.3 Packaging
9.5.7.4 Assembly
9.5.7.5 Consumers
9.5.7.6 Others
9.5.8 Historic and Forecast Market Size by Country
9.5.8.1 China
9.5.8.2 India
9.5.8.3 Japan
9.5.8.4 South Korea
9.5.8.5 Malaysia
9.5.8.6 Thailand
9.5.8.7 Vietnam
9.5.8.8 The Philippines
9.5.8.9 Australia
9.5.8.10 New Zealand
9.5.8.11 Rest of APAC
9.6. Middle East & Africa Adhesives and Sealants Market
9.6.1 Key Market Trends, Growth Factors and Opportunities
9.6.2 Top Key Companies
9.6.3 Historic and Forecasted Market Size by Segments
9.6.4 Historic and Forecasted Market Size By Adhesives Product
9.6.4.1 Acrylic
9.6.4.2 PVA
9.6.4.3 Polyurethanes
9.6.4.4 Styrenic block
9.6.4.5 Epoxy
9.6.4.6 EVA
9.6.4.7 Others
9.6.5 Historic and Forecasted Market Size By Adhesives Application
9.6.5.1 Paper & packaging
9.6.5.2 Consumer & DIY
9.6.5.3 Building & construction
9.6.5.4 Furniture & woodworking
9.6.5.5 Footwear & leather
9.6.5.6 Automotive & transportation
9.6.5.7 Medical
9.6.5.8 Others
9.6.6 Historic and Forecasted Market Size By Sealants Product
9.6.6.1 Silicones
9.6.6.2 Polyurethanes
9.6.6.3 Acrylic
9.6.6.4 Polyvinyl acetate
9.6.6.5 Others
9.6.7 Historic and Forecasted Market Size By Sealants Application
9.6.7.1 Construction
9.6.7.2 Automotive
9.6.7.3 Packaging
9.6.7.4 Assembly
9.6.7.5 Consumers
9.6.7.6 Others
9.6.8 Historic and Forecast Market Size by Country
9.6.8.1 Turkey
9.6.8.2 Bahrain
9.6.8.3 Kuwait
9.6.8.4 Saudi Arabia
9.6.8.5 Qatar
9.6.8.6 UAE
9.6.8.7 Israel
9.6.8.8 South Africa
9.7. South America Adhesives and Sealants Market
9.7.1 Key Market Trends, Growth Factors and Opportunities
9.7.2 Top Key Companies
9.7.3 Historic and Forecasted Market Size by Segments
9.7.4 Historic and Forecasted Market Size By Adhesives Product
9.7.4.1 Acrylic
9.7.4.2 PVA
9.7.4.3 Polyurethanes
9.7.4.4 Styrenic block
9.7.4.5 Epoxy
9.7.4.6 EVA
9.7.4.7 Others
9.7.5 Historic and Forecasted Market Size By Adhesives Application
9.7.5.1 Paper & packaging
9.7.5.2 Consumer & DIY
9.7.5.3 Building & construction
9.7.5.4 Furniture & woodworking
9.7.5.5 Footwear & leather
9.7.5.6 Automotive & transportation
9.7.5.7 Medical
9.7.5.8 Others
9.7.6 Historic and Forecasted Market Size By Sealants Product
9.7.6.1 Silicones
9.7.6.2 Polyurethanes
9.7.6.3 Acrylic
9.7.6.4 Polyvinyl acetate
9.7.6.5 Others
9.7.7 Historic and Forecasted Market Size By Sealants Application
9.7.7.1 Construction
9.7.7.2 Automotive
9.7.7.3 Packaging
9.7.7.4 Assembly
9.7.7.5 Consumers
9.7.7.6 Others
9.7.8 Historic and Forecast Market Size by Country
9.7.8.1 Brazil
9.7.8.2 Argentina
9.7.8.3 Rest of SA
Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies
Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
Global Adhesives And Sealants Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 71.4 Bn. |
Forecast Period 2024-32 CAGR: |
6.1% |
Market Size in 2032: |
USD 121.7 Bn. |
Segments Covered: |
By Adhesives Product |
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By Adhesives Application |
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By Sealants Product |
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By Sealants Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Adhesives And Sealants Market research report is 2024-2032.
3M [Saint Paul, Minnesota, United States], Ashland Inc. [Covington, Kentucky, United States], Avery Dennison Corporation [Glendale, California, United States], and Other Major Players.
The Adhesives And Sealants Market is segmented into Adhesives Product, Adhesives Application, Sealants Product, Sealants Application and region. By Adhesives Product, the market is categorized into Acrylic, PVA, Polyurethanes, Styrenic block, Epoxy, EVA, Others. By Adhesives Application, the market is categorized into Paper & packaging, Consumer & DIY, Building & construction, Furniture & woodworking, Footwear & leather, Automotive & transportation, Medical, Others. By Sealants Product, the market is categorized into Silicones, Polyurethanes, Acrylic, Polyvinyl acetate, Others. By Sealants Application, the market is categorized into Construction, Automotive, Packaging, Assembly, Consumers, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The adhesives and sealants market is a broad category of products applied to join materials to each other by using bonds with unspecified characteristics. Bonds are substances that join two or more materials by forming a bond at the surface of the material being bonded while the fillers are materials used in filling up gaps, joints and seams to eliminate the passage of liquids or gases. These are usually in form of liquid, solid and semi solid systems, and its specialization for certain use is determined by its performance characteristic across such sectors as construction, automobile, packaging, electronics and the consumers goods industries. The adhesives and sealants market is ever growing due to the technological advancements in both the materials and the manufacturing techniques along with the change in the customer requirements where the key emphasis is placed on the increase of environmental consciousness, improvement of the performance and development of the niche products required for the modern applications.
Adhesives And Sealants Market Size Was Valued at USD 71.4 Billion in 2023, and is Projected to Reach USD 121.7 Billion by 2032, Growing at a CAGR of 6.1% From 2024-2032.