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GLOBAL ADHESIVE AND SEALANTS MARKET : TRENDS ANALYSIS AND FORECASTS UP TO 2022

Adhesives majorly include polymers and incorporate market by product type, by technology, by application
various materials such as cement, glue, mucilage and and by region. The Market segmentation based on type
paste, and is a result of chemical reaction. Whereas, of product includes Acrylic, polyurethane, polyvinyl ace-
sealant is a soft, elastic material which changes state to tate (PVA), Epoxy, EVA. On the basis of technology
adopt solid form after application. Adhesive and sealant market is segmented into water based, solvent bases,
are often grouped together, as they both are available in hot melt and reactive, and others, whereas application
liquid form and are applied together on the surface of segment comprises pressure sensitive, construction,
material to adhere and seal them together. Adhesives automotive, packaging, transportation, footwear, furni-
are majorly used in the industry due to their bonding and ture and others.
holding properties and have high tensile and shear
strength. However, sealants are chosen due to their
The report provides regional analysis covering geogra-
ability to resist relative movement of substrate, to fill gap
phies such as North America, Europe, Asia Pacific, Latin
thereby preventing air, noise, dust, fire and liquid pene-
America and Rest of the World (RoW). Asia Pacific is
tration. Globally the commercial applications of adhe-
the largest market for adhesives and sealants and ac-
sives and sealants have increased significantly due to
counted for market share of more than 40% in global
the substantial growth in application areas. The global
adhesive and sealant market in 2015. APAC region is
adhesives and sealants market is anticipated to experi-
expected to continue its dominance over the forecast
ence rapid growth.
period owing to growing end user industries such as
automotive, construction, and packaging across the re-
In 2014, the size of global adhesive and sealants market gion. Furthermore, the market in this region is projected
was valued over USD 45 billion. While in 2015, the size to experience huge gains due to increased production
of adhesive and sealants market surpassed USD 47 from new players that are investing in developing new
billion. The global adhesives and sealants market is pro- products and application areas
jected to grow with a CAGR between 3.5% and 4.0% for adhesives and sealants. Following APAC, North
over the forecast period of 2016 2022 and reach USD America is the second largest market for adhesive and
61.xx billion by 2022. The key factors driving the growth sealants and is anticipated to witness healthy CAGR of
of adhesives and sealants market include expansion of XX% over the forecast period. The growth of adhesive
construction industry, growing transportation sectors, and sealants market in North America region is attribut-
and rising demand in automotive and packaging indus- ed to high demand for water based adhesive formulation
try. However, the growth of adhesive and sealants mar- along with scope in furniture, footwear and pressure
ket is restrained by stringent government regulations sensitive applications.
and fluctuating prices of raw material used to manufac-
ture adhesive and sealants. Nevertheless, the growing
Companies Profiled: The companies covered in the re-
application of adhesives in medical application is antici-
port include, Henkel AG & Co., KGaA, 3M, H.B., Fuller,
pated to bring new opportunities for leading players in
Arkema Group (Bostik), ITW Performance Polymers
this market over the forecast period.
(Illinois Tools Works), Sika, Mapei, RPM, Dow Chemi-
cals
The report segments the global adhesive and sealants

Global adhesive and sealants market : Projection Global adhesive and sealants market by Type shares

Acrylic Polyurethane
x.x% x.x%

100% 50% 100% 100% 50% 100%

Epoxy Oth ers


x.x% x,.x%

100% 50% 100% 100% 50% 100%


2015 2022

Global adhesive and sealants market: Regional Highlights Global adhesive and sealants market: industry developments of key participants

X.X%

X.X%

x.x Merger &


x.x X.X% Acquisitions
% x.x
% % X.X%

Joint ventures

North America
New Product
x.x Development
Latin America %

Europe Others

Asia
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