Adhesives and Sealants Market is estimated to reach USD 64.4 Billion by 2025

Adhesives & Sealants Market: Summary

The Global Adhesives and Sealants Market is estimated to reach USD 64.4 Billion by 2025 at a CAGR of 4.8 %, Predicts Forencis Research (FSR).

Adhesives are a group of nonmetallic compounds, which are used to bind the surfaces by means of adhesive bonding processes. Whereas, sealants are referred to as the substances that are used to block the passage or gaps amongst any two materials. These substances are formulated by mixing the additives such as fillers, pigments, plasticizers to deliver the desired outcome with desired requirement. Among both, the adhesives possess higher strength whereas, sealant have longer elongation. These adhesives and sealants are widely used in automotive and transportation, packaging, construction, healthcare, electronics and many other industries.

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Adhesives and Sealants Market: Drivers & Restraints

Market Drivers:

Soaring Demand from Automotive and Construction Sector

The demand for adhesives and sealants are escalating worldwide owing to the rise in the adoption in the automotive and construction sector. Higher demand for stronger adhesives and fast curing sealants across the construction and automotive sector to the boost efficiency in lesser time is another factor fueling the growth of this market. Ongoing urbanization, betterment in living standard, growing global population, with an increase in spending over construction sector is anticipated to push the market growth uphill. The growing construction activities in the developing and developed economies is projected to raise the demand for adhesives and sealants. As per the Global Construction 2030 report, by 2030 the volume of the global construction is expected to grow by 85%, wherein, China, US and India, would account for 57% of the global growth.

Aforementioned factors are expected to the drive the global adhesives and sealants market during the forecast period.

Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 Adhesives & Sealants Market, By Source, Market Size In USD Million & Kiloton (2018–2025)

7 Adhesives & Sealants Market By Resin, Market Size In USD Million & Kiloton (2018–2025)

8 Adhesives & Sealants Market By Adhesive Types, Market Size In USD Million & Kiloton (2018–2025)

9 Adhesives & Sealants Market By Application, Market Size In USD Million & Kiloton (2018–2025)

10 Adhesives & Sealants Market By Region, Market Size In USD Million & Kiloton (2018–2025)

11 Competitive L&scape

12 Company Profiles

13 Appendix

Growing Packaging Industry

Adhesives and sealant are crucial in the modern packaging owing to advent of new materials. The packaging industry is predominantly growing owing to the increasing penetration of internet, leading to rise in e-commerce sector. Increasing adoption of reusable and sustainable packaging with the growing demand for innovative packaging solutions is boosting the growth of packaging sector. Increasing usage of adhesives and sealants in the packaging applications for better protection is projected to push the market growth.

Thus, the growth in the packaging sector is likely to upsurge the market growth during the forecast period.

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Market Restraints:

Stringent Environmental Regulations

The environmental issues are the key point of concern for the entire world and has gained importance since last few years. For adhesives and sealants market, regulation over the VOC emissions imposed by the governments of emerging and emerged markets is expected to act as a roadblock. The key manufacturers need to meet the safety standards while manufacturing the adhesives and sealants for varied application areas, in order to minimize the VOC emissions. For instance, the Environmental Protection Agency (EPA) has imposed restriction on the manufacturing and sale of the certain adhesives and sealants with the prime focus to reduce the VOC content.

Hence, the stringent regulation to limit VOC emissions is projected to hamper the market growth in the upcoming timespan.

Adhesives and Sealants Market: Key Segments

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Adhesives And Sealants Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Adhesives and Sealants Market, by Source

Adhesives and Sealants Market, by Resin

Adhesives and Sealants Market, by Adhesive Type

Adhesives and Sealants Market, by Application

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Mobile artificial intelligence market, by Region

Asia-Pacific

North America

Europe

Middle East & Africa

South America

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