Adhesives and Sealants Market Analysis and Professional Outlook 2019 to 2024

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Adhesives and sealants are used prominently in the construction sector to attach drivel, fixtures to walls, roof applications, bathroom floors, and molding applications. Therefore, the rapid development of the construction industry, especially in emerging economies like China and India, is expected to create growth opportunities in the near future.

Strict regulations formulated by environmental authorities on the use of adhesives with high volatile organic compounds (VOCs) are anticipated to propel industry participants to launch bio-based adhesives. Therefore, manufacturers are taking various strategic initiatives, such as extensive R&D activities to produce sustainable products.

The global adhesives and sealants market size was US $ 52.55 billion in 2017 and is expected to see a CAGR of 5.6% from 2018 to 2025. Increasing demand from automotive, construction, packaging, furniture, and footwear and pressure sensitive applications is the primary factor driving growth.

The major raw materials used for the manufacture of adhesives are derived from crude oil and petrochemical. The volatile prices of these products have affected the profitability of the participants in recent times and are likely to have a major impact on the growth of the adhesives and sealants market in the near future.

Increased penetration of light passenger cars with high fuel economy and low emissions has driven high-performance adhesive sales in the global automotive industry. These make adhesives of diverse use in both internal and external automotive applications. For example, they can reduce weight by replacing nuts and bolts and thus increase the fuel economy of vehicles. Consequently, traditional welding and other mechanical fastening methods are expected to be replaced by enhanced adhesives with improved bonding capabilities.

The major manufacturers included in this report are
Henkel AG & Company, H.B. Fuller, Bostik SA, Sika AG, 3M Company, Illinois Tool Works Corporation, Avery Dennison Corporation, DAP Products, Royal Adhesives & Sealants, LLC, Franklin International.

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The Adhesives and Sealants market can be segmented on the basis of product types and it can be divided into sub-types, major application and third party usage area and important regions.

On The basis Of Types, the Global Adhesives and Sealants Market is segmented as follows
Water-Based Adhesives
Solvent-Based Adhesives
Hot-Melt Adhesives
Others

On The basis Of Application, the Global Adhesives and Sealants Market is segmented as follows
Paper & Packaging
Building & Construction
Woodworking
Transportation
Consumer Adhesives
Leather & Footwear
Others

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Regions covered By Adhesives and Sealants Market Report 2019 to 2025:
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia).

Significant Features that are under offering and Key Highlights of the Reports
Thorough Summary of Adhesives and Sealants Market
Fluctuating the industry’s Adhesives and Sealants market crescendos
In-depth market separation by type, application etc.
Historical, present and predictable Adhesives and Sealants market size in terms of capacity and worth
Contemporary industry trends and expansion
Competitive scenery of Adhesives and Sealants market
Strategies for key players and product offerings
Possible and niche sections or areas replicating potential progress.

The report has 150 tables and figures browse the report description and TOC:

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