Adhesive and Sealant Market – Challenges, Key Vendors, Drivers and Trends by Forecast to 2024

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Adhesive and Sealant Market Share, Size, Key Players, Research and Forecasts to 2024 | Hexa Research

“The global adhesive and sealant market is estimated to reach nearly USD 52 billion by 2024 (2016 to 2024 - forecast period)..�

The global adhesive and sealant market is estimated to reach nearly USD 52 billion by 2024 (2016 to 2024 forecast period). Adhesives are substances which permanently join two surfaces or materials. Sealants, on the other hand, are used to bind the gaps between two materials. They prevent liquid-seepage through openings.

The industry produced about 11.7 million tons in 2015. Expanding automotives, packaging, and construction industries are anticipated to fuel market volumes till 2024. Low-to-medium performance products are made from natural substances, like starch. High-performance products use polymers for better bonding strength & resistance.

The market had a demand of 11.7 million tons (in terms of volumes) in 2015. Growth of automotives, packaging, and construction industries is anticipated to fuel these volumes till 2024. Infrastructural developments and need for reducing vehicular-weights are the primary market drivers. Strict regulations encouraging bio-based products can challenge market growth.

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Your Catalyst to a Lucrative Business Key players analyzed 

3M Company,

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The Dow Chemical Company,

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Henkel AG & Co.

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KGaA, and H. B. Fuller. Together, they hold more than 45% of the industry.

Bio-based adhesives are gaining prominence due to their low manufacturing costs and eco -friendliness. The adhesive and sealant industry is divided on the basis of technologies, products, applications, and regions.

Solvent-based, water-based, reactive & others, and hot melt are the technologies.

Water-based led with over 40% shares in 2015. It exceeded USD 8 billion that year. This segment is predicted to dominate over the next eight years. The same can be credited to its ability to lower VoC (volatile organic content) emissions.

Adhesive products include acrylic, polyvinyl acetate (PVA), polyurethanes, styrenic block, epoxy, ethylene vinyl acetate (EVA), and others. Sealant products encompass polyurethanes, silicones, acrylic, PVA, and others. Acrylic adhesives generated almost USD 5 billion in 2015. They are used to develop UV light curing and waterborne & heat resistant technologies.

EVA adhesives accounted for over 400 kilotons (KT) in 2015. They should regain their shares in the near future. Silicone sealants reportedly surpassed USD 2 billion in 2015. They will grow further due to expanding automotives and construction industries.

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/bulk-chemicalsindustry

Table of Content 1. Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources 2. Executive Summary 2.1 Industry Summary of Adhesive and Sealant Market

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Your Catalyst to a Lucrative Business 3. Industry Outlook 3.1 Adhesive and Sealant Market Segmentation 3.2 Adhesive and Sealant Market Size and Growth Prospects 3.3 Adhesive and Sealant Market Dynamics 3.4 Key Opportunities Prioritized 3.5 Industry Analysis - Porter's 3.6 Market Share Analysis 3.7 Market PESTEL Analysis, 2016 4. Application Framework 4.1 Adhesive and Sealant Market share by application, 2016 & 2024 5. Regional Outlook 5.1 North America 5.2 Europe 5.3 Asia Pacific 5.4 Latin America 5.5 MEA (Middle East and Africa) 5.6 RoW (Rest of the World) 6. Competitive Landscape 6.1 3M Company 6.1.1 Company Overview 6.1.2 Financial Performance 6.1.3 Product Benchmarking 6.1.4 Strategic Initiatives 6.2 The Dow Chemical Company 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3 Henkel AG & Co. KGaA 6.3.1 Company Overview 6.3.2 Revenue Analysis 6.3.3 Product Benchmarking 6.3.4 Strategic Initiatives 6.4 H. B. Fuller 6.4.1 Company Overview 6.4.2 Revenue Analysis 6.4.3 Product Benchmarking 6.4.4 Strategic Initiatives

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