Adhesives & Sealants Market, Adhesives & Sealants Market Size, Adhesives & Sealants Market Trends, Adhesives & Sealants Market Forecast, Adhesives & Sealants Market Risks, Adhesives & Sealants Market Report, Adhesives & Sealants Market Share

According to a new report published by xResearch, titled, “Adhesives & Sealants Market 2022- Industry Insights, Trends, Opportunity & Forecast, 2021–2030,” the global adhesives & sealants market size is anticipated to witness moderate growth during the forecast period i.e. 2022-2030.

 

The rapid growth of the end-user industries including the construction industry worldwide, the high adoption of adhesives & sealants by several end-user industries, the enhancing demand for packaged food items and consumer durables among people, and the rising consumer awareness regarding green construction and eco-friendly buildings among people are among the major factors contributing to the growth of the global adhesives & sealants market.

 

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According to sealant resin type, the polyurethane segment is anticipated to attain the highest CAGR in the global adhesives & sealants market during the forecast period. According to adhesive type, the water-based adhesives led the global adhesives market in 2021, with predictions of its dominance to continue over the forecast period of 2022-2030. According to application, the building & construction segment accounted for the largest share in the global sealants market in 2021. The segment is expected to continue to dominate the market during the forecast period of 2022-2030. On the other hand, the paper & packaging segment captured the largest share of the global adhesives market in 2021.

 

Geographically, the Asia Pacific region captured the largest share of the global adhesives & sealants market in 2021, followed by North America and Europe. The region is projected to remain dominant throughout the forecast period of 2022-2030, mainly due to the fast-paced growth of the automotive and electrical industry, the presence of some of the largest manufacturers of packaging materials &automotive OEMs, and the high number of infrastructure projects in the region. Countries such as India, China, Japan are among the key contributors to the growth of the market in the region.

 

Some of the major adhesives & sealants companies profiled in the report include Sika AG, Pidilite Industries, 3M Company, Arkema, Henkel AG, H.B. Fuller, Illinois Tool Works Inc., Avery Dennison Corporation, Wacker Chemie AG, and RPM International Inc.

 

The global adhesives & sealants market is segmented into adhesive type, sealant resin type, application, and region. Based on adhesive type, the market is bifurcated into water-based adhesives, solvent-based adhesives, hot melt adhesives, pressure-sensitive adhesives, and others. The water-based adhesives segment is further classified into vinyl acetate, vinyl acetate copolymer, acryl emulsion, and others. The solvent-based adhesives segment is further categorized into vinyl, acetate, resins, rubber, and others.

 

The hot melt adhesives segment is further classified into ethylene vinyl acetate (EVA), rubber, and others. The pressure-sensitive adhesives segment is further classified into acryl, rubber, others. Based on sealant resin type, the market is segmented into silicone, polyurethane, acrylic, plastisol, emulsion, polysulfide, butyl, and others. Based on application, it is classified into building & construction, woodworking, consumer & DIY, automotive & transportation, leather & footwear, assembly, medical, electronics, and others.

 

The global adhesives & sealants market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

 

Key Insights of Adhesives & Sealants Market

  • On the basis of sealant resin type, the polyurethane segment is anticipated to attain the highest CAGR in the global adhesives & sealants market during the forecast period.
  • On the basis of adhesive type, the water-based adhesives led the global adhesives market in 2021, with predictions of its dominance to continue over the forecast period.
  • On the basis of application, the building & construction segment accounted for the largest share in the global sealants market in 2021. However, the paper & packaging segment captured the largest share of the global adhesives market in 2021.
  • On the basis of region, the Asia Pacific region captured the largest share of the global adhesives & sealants market in 2021, followed by North America and Europe. The region is projected to remain dominant throughout the forecast period of 2022-2030.

 

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

 

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