Adhesives and sealants Market to Witness Robust Expansion by 2025
Adhesives and sealants market is anticipated to garner $70 Billion by 2025, while registering itself at a substantial Compound Annual Growth Rate (CAGR) during the forecast period. One of the major market driving factor is steady growth in the end-user industry like automotive, construction, and packaging. Due to the ecological threats pertaining to synthetic form of adhesives and sealants, the global industry of this market is aiming on developing bio-based products.Additionally, primary advantage of used bio-based products is that they reduce the amount of carbon footprints and therefore resulting as a huge competitive advantage over their synthetic vis-à-vis.Bio-based products comprise of vegetable-based polyamides, soybean-derived polyols, epoxies and polyisoprenes.
In 2015, PVA adhesives market was worth more than 2.5 million tons. This product is made by polymerization of vinyl acetate monomer. PVA adhesives are used for absorbent materials which include wood, paper, cloth and also as consolidator for permeable building stone. Also, silicone sealants market segments was worth more than $2 billion in 2015. Constantly increasing industrialization in BRICS countries will drive this market segment further. Silicone sealants’ primary characteristics include corrosion and chemical resistance and has water repelling properties.
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Polyurethane (PU) sealants market size will probably experience more than $XX by 2025 and will grow at an average rate. Market size of EVA adhesives will hold a considerable portion of the overall share and is expected to consume substantial size by 2025. Lastly, epoxy adhesives market size will mature significantly during the forecast period.
Competitive Insights:
The major market manufacturers of this market are HB Fuller, Illinois Tool Works Inc., Dow Chemical Co., Eastman Chemical, Sika AG, 3MCompany , Ashland, Henkel AG & Company, N.D. Industries, RPM International Inc., BASF, Acucote, Uniseal, Creative Materials, Bayer, Franklin International, Avery Dennison and Bostik Ltd. Out of these 3M Company, Dow Chemical Co., and H.B. Fuller attributed for more than 48% of the overall market. Latest merger of Novameltgmbh, a German company and Henkel, has reinstated Henkel’s place as one of the leading market players of this industry. Companies like Avery Dennison and BASF have constituted their existence by implementing methods so as to withstand and develop bio-based products.
The Acrylic adhesives and sealants Market is segmented as follows-
Adhesives Market By Product, Estimates and Forecast, 2016-2025
Acrylic
Polyvinyl Acetate (PVA)
Polyurethane
Styrenic Block
Epoxy
Ethylene Vinyl Acetate (EVA)
Adhesives Market By Application, Estimates and Forecast, 2016-2025
Pressure Sensitive Applications
Packaging
Construction
Furniture
Automotive
Adhesives Market By Technology, Estimates and Forecast, 2016-2025
Water-Based
Solvent-Based
Hot Melt
Reactive
Regional Outlook 2018:
In 2015, Asia Pacific garnered over 40% of the total adhesives and sealants market share. China adhesives market was more than $5 billion. This region’s market is said to lucratively grow owing to favorable regulations boosting the overall growth coupled with FDI strategies to propel the end user industries. Rising end-user industries such as automobile, packaging and construction is anticipated to encourage the growth in Asia Pacific region.
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- An extensive research study on the Global Acrylic adhesives and sealants market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Acrylic adhesives and sealants market.
- We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
- The report gives a bird eyes view on the competitive landscape which includes mergers
Major TOC of Acrylic adhesives and sealants Market:
Chapter5. Adhesives Market, By Product
5.1. Introduction
5.2. Adhesives Market Volume Share By Product, 2016 – 2025
5.3. Acrylic
5.3.1. Acrylic Market Volume and Revenue, 2016 – 2025
5.3.2. Acrylic Market Volume and Revenue, By Region, 2016 – 2025
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Chapter6. Adhesives Market, By Application Type
6.1. Introduction
6.2. Adhesives Market Volume Share By Application, 2016 – 2025
6.3. Pressure Sensitive Applications
6.3.1. Pressure Sensitive Applications Market Volume and Revenue, 2016 – 2025
6.3.2. Pressure Sensitive Applications Market Volume and Revenue, By Region, 2016 – 2025
6.4. Packaging
…
Chapter7. Acrylic adhesives and sealants Market, By Product
Chapter8. Acrylic adhesives and sealants Market, By Region
Chapter9. Company Profiles
Chapter10. Global Acrylic adhesives and sealants Market Competition, by Manufacturer
Chapter11. Acrylic adhesives and sealants Market Forecast (2018-2023)
…CONTINUED FOR TOC
List of Tables
Adhesive Market (Volume & Revenue), 2016-2025
- Sealant Market (Volume & Revenue), 2016-2025
- Adhesive Market Volume by Region (Kilo Tons), 2016-2025
- Sealant Market Volume by Region (Kilo Tons), 2016-2025
- Adhesive Market Revenue by Region (USD Million), 2016-2025
- Sealant Market Revenue by Region (USD Million), 2016-2025
- Adhesive Market Volume by Technology (Kilo Tons), 2016-2025
- Adhesive Market Revenue by Technology (USD Million), 2016-2025
- Adhesive Market Volume by Product (Kilo Tons), 2016-2025
- Adhesive Market Revenue by Product (USD Million), 2016-2025
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