The global adhesives and sealants market was valued at USD 55.8 billion in 2018 and is expected to reach USD 84.4 billion in 2026, growing at a CAGR of 5.3% during the forecast period.
Adhesives and Sealants Market Segmentation |
|
By Formulating Technology | 1. Water-Based |
2. Solvent-Based | |
3. Hot Melt | |
4. Reactive | |
By Resin Type | 1. Acrylic |
2. Poly Vinyl Acetate | |
3. Polyurethane | |
4. Silicone | |
5. Others | |
By Application | 1. Paper & Packaging |
2. Automotive & Transportation | |
3. Building & Construction | |
4. Wood Working | |
5. Consumer Products | |
6. Healthcare | |
7. Others | |
By Region | 1. North America (US and Canada) |
2. Europe (UK, Germany, France and Rest of Europe) | |
3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
4. Latin America (Brazil, Mexico and Rest of Latin America) | |
5. Middle East & Africa (GCC and Rest of Middle East & Africa) | |
The Adhesives and Sealants market is growing at a steady pace due to its increasing demand in a wide range of industries, such as construction, automotive, furniture, packaging, and consumer products, among others. Growing automotive industry due to the increasing demand for low carbon-emitting and lightweight vehicles is driving the growth of the adhesives and sealants market. Moreover, the increasing adoption of hot-melt adhesives in woodworking and packaging industry is further propelling the market growth across the globe. However, there are certain environmental regulations posed by the European countries on the usage of adhesives and sealants, which is one of the major factor hampering the growth of the global market.
The water-based adhesives segment contributes a major share in the global market
Based on formulating technology, the global adhesives market has been segmented into water-based, solvent-based, hot-melt, and reactive and others. In 2018, the water-based adhesives segment contributes a major share of around 30% share in the global Adhesives and Sealants market. Among these technologies, the water-based adhesives segment registers a remarkable share in the market, owing to its eco-friendly nature. Moreover, it consists of high water content and possesses low toxicity, which marks its increased adoption as a less flammable technology.
Global sealants market to be driven by silicone resins
Based on sealants, the market has been segmented into acrylic, polyvinyl acetate (PVA), polyurethane (PU), silicone, and others. The silicone segment primarily contributes the major share in the sealants market due to the several advantageous properties, such as high-temperature resistance. This increases its acceptance in a wide range of industries, such as construction sector.
Based on application, the automotive & transportation segment is expected to grow at the fastest rate of CAGR 7.5% during the forecast period
Based on applications, the Adhesives and Sealants market has been segmented into paper & packaging, automotive & transportation, building & construction, woodworking, consumer products, healthcare, and others. The automotive & transportation segment accounted to project considerable growth in the market in 2018. Increasing demand for lightweight, eco-friendly, and efficient cars is substantially increasing the demand for adhesives in the automotive industry. Government regulation for increasing fuel efficiency is further propelling the market growth in the automotive industry.
Asia Pacific to exhibit the fastest growth in the global market throughout the forecast period
Asia Pacific is projected to witness the fastest growth rate, at a CAGR of 35%, in the global adhesives and sealants market during the forecast period. This growth is accredited to certain factors, including continuous growth in manufacturing industry in countries such as India and China. Moreover, these economies have a significant presence of automotive sector and electronics sector, which drives the growth of the adhesives and sealants market in the region.
Company Profiles and Competitive Intelligence:
The major players operating in the global adhesives and sealants market are 3M Company (US), Arkema Group (France), Avery Dennison Corporation (US), H.B. Fuller Company (US), Henkel Corporation (Germany), Johnson & Johnson Services, Inc. (US), Huntsman Corporation (US), The Dow Chemical Company (US), Sika Corporation (Switzerland), and BASF SE (Germany), among others.
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Chapter 1 Executive Summary
1.1. Market Summary
1.1.1. Global Adhesives and Sealants Market, 2016-2026, (USD Billion)
1.2. Market Snapshot: Global Adhesives and Sealants Market
1.3. Market Dynamics
1.4. Global Adhesives and Sealants Market, by Segment, 2018
1.4.1. Global Adhesives and Sealants Market, by Formulating Technology, 2018, (USD Billion)
1.4.2. Global Adhesives and Sealants Market, by Resin Type, 2018, (USD Billion)
1.4.3. Global Adhesives and Sealants Market, by Application, 2018, (USD Billion)
1.4.4. Global Adhesives and Sealants Market, by Region, 2018 (USD Billion)
1.5. Premium Insights
1.5.1. Adhesives and Sealants Market In Developed Vs. Developing Economies, 2018 vs 2026
1.5.2. Global Adhesives and Sealants Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
2.1. Market Overview
2.2. Market Drivers
2.2.1. Growing automotive and electronics industry
2.2.2. Increase in adoption of hot melt adhesives
2.2.3. High demand for adhesives and sealants in emerging markets
2.3. Market Restraints
2.3.1. Environmental Regulations
2.4. Market Opportunities
2.4.1. Rising trend towards green, non-hazardous, and sustainable adhesives
2.5. Industry Value Chain Analysis
2.6. Pricing Analysis
2.7. Porter’s Five Forces Analysis
Chapter 3 Global Adhesives and Sealants Market, by Formulating Technology
3.1. Market Overview, by Formulating Technology
3.1.1. Global Adhesives Market, by Formulating Technology, 2016-2026 (USD Billion)
3.1.2. Incremental Opportunity, by Formulating Technology, 2018
3.2. Water-Based
3.2.1. Global Adhesives and Sealants Market, by Water-Based, 2016-2026, (USD Billion)
3.3. Solvent-Based
3.3.1. Global Adhesives and Sealants Market, by Solvent-Based, 2016-2026, (USD Billion)
3.4. Hot-melt
3.4.1. Global Adhesives and Sealants Market, by Hot-melt, 2016-2026, (USD Billion)
3.5. Reactive and Others
3.5.1. Global Adhesives and Sealants Market, by Reactive and Others, 2016-2026, (USD Billion)
Chapter 4 Global Adhesives and Sealants Market, by Resin Type
4.1. Market Overview, by Resin Type
4.1.1. Global Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
4.1.2. Incremental Opportunity, by Resin Type, 2018
4.2. Acrylic
4.2.1. Global Adhesives and Sealants Market, by Acrylic, 2016-2026, (USD Billion)
4.3. Poly Vinyl Acetate (PVA)
4.3.1. Global Adhesives and Sealants Market, by Poly Vinyl Acetate (PVA), 2016-2026, (USD Billion)
4.4. Polyurethane (PU)
4.4.1. Global Adhesives and Sealants Market, by Acrylic, 2016-2026, (USD Billion)
4.5. Silicone
4.5.1. Global Adhesives and Sealants Market, by Poly Vinyl Acetate (PVA), 2016-2026, (USD Billion)
4.6. Others
4.6.1. Global Adhesives and Sealants Market, by Others, 2016-2026, (USD Billion)
Chapter 5 Global Adhesives and Sealants Market, by Application
5.1. Market Overview, by Application
5.1.1. Global Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
5.1.2. Incremental Opportunity, by Application, 2018
5.2. Paper & Packaging
5.2.1. Global Adhesives and Sealants Market, by Paper & Packaging, 2016-2026, (USD Billion)
5.3. Automotive & Transportation
5.3.1. Global Adhesives and Sealants Market, by Automotive & Transportation, 2016-2026, (USD Billion)
5.4. Building & Construction
5.4.1. Global Adhesives and Sealants Market, by Building & Construction, 2016-2026, (USD Billion)
5.5. Woodworking
5.5.1. Global Adhesives and Sealants Market, by Woodworking, 2016-2026, (USD Billion)
5.6. Consumer Products
5.6.1. Global Adhesives and Sealants Market, by Consumer Products, 2016-2026, (USD Billion)
5.7. Healthcare
5.7.1. Global Adhesives and Sealants Market, by Healthcare, 2016-2026, (USD Billion)
5.8. Others
5.8.1. Global Adhesives and Sealants Market, by Others, 2016-2026, (USD Billion)
Chapter 6 Global Adhesives and Sealants Market, by Region
6.1. Market Overview, by Region
6.1.1. Global Adhesives and Sealants Market, by Region, 2016-2026, (USD Billion)
6.2. Attractive Investment Opportunity, by Region, 2018
6.3. North America Adhesives and Sealants Market
6.3.1. North America Adhesives and Sealants Market, by Formulating Technology, 2016-2026 (USD Billion)
6.3.2. North America Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
6.3.3. North America Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
6.3.4. United States Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.3.5. Canada Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.4. Europe Adhesives and Sealants Market
6.4.1. Europe Adhesives and Sealants Market, by Formulating Technology, 2016-2026 (USD Billion)
6.4.2. Europe Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
6.4.3. Europe Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
6.4.4. United Kingdom Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.4.5. Germany Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.4.6. France Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.4.7. Rest of Europe Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.5. Asia Pacific Adhesives and Sealants Market
6.5.1. Asia Pacific Adhesives and Sealants Market, by Formulating Technology, 2016-2026 (USD Billion)
6.5.2. Asia Pacific Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
6.5.3. Asia Pacific Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
6.5.4. China Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.5.5. Japan Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.5.6. India Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.5.7. Rest of Asia Pacific Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.6. Latin America Adhesives and Sealants Market
6.6.1. Latin America Adhesives and Sealants Market, by Formulating Technology, 2016-2026 (USD Billion)
6.6.2. Latin America Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
6.6.3. Latin America Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
6.6.4. Brazil Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.6.5. Mexico Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.6.6. Rest of Latin America Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.7. Middle East & Africa Adhesives and Sealants Market
6.7.1. Middle East & Africa Adhesives and Sealants Market, by Formulating Technology, 2016-2026 (USD Billion)
6.7.2. Middle East & Africa Adhesives and Sealants Market, by Resin Type, 2016-2026 (USD Billion)
6.7.3. Middle East & Africa Adhesives and Sealants Market, by Application, 2016-2026 (USD Billion)
6.7.4. GCC Adhesives and Sealants Market, 2016-2026 (USD Billion)
6.7.5. Rest of Middle East & Africa Adhesives and Sealants Market, 2016-2026 (USD Billion)
Chapter 7 Competitive Intelligence
7.1. Top 5 Players Comparison
7.2. Market Positioning of Key Players, 2018
7.3. Market Players Mapping
7.3.1. By Formulating Technology
7.3.2. By Resin Type
7.3.3. By Application
7.3.4. By Region
7.4. Strategies Adopted by Key Market Players
7.5. Recent Developments in the Market
7.5.1. Mergers & Acquisitions, Partnership, New Product Developments
Chapter 8 Company Profiles
8.1. 3M Company
8.1.1. 3M Company Overview
8.1.2. 3M Company Products Portfolio
8.1.3. 3M Company Financial Overview
8.1.4. 3M Company News/Recent Developments
8.2. Arkema Group
8.2.1. Arkema Group Overview
8.2.2. Arkema Group Products Portfolio
8.2.3. Arkema Group Financial Overview
8.2.4. Arkema Group News/Recent Developments
8.3. Avery Dennison Corporation
8.3.1. Avery Dennison Corporation Overview
8.3.2. Avery Dennison Corporation Products Portfolio
8.3.3. Avery Dennison Corporation Financial Overview
8.3.4. Avery Dennison Corporation News/Recent Developments
8.4. H.B. Fuller Company
8.4.1. H.B. Fuller Company Overview
8.4.2. H.B. Fuller Company Products Portfolio
8.4.3. H.B. Fuller Company Financial Overview
8.4.4. H.B. Fuller Company News/Recent Developments
8.5. Henkel Corporation
8.5.1. Henkel Corporation Overview
8.5.2. Henkel Corporation Products Portfolio
8.5.3. Henkel Corporation Financial Overview
8.5.4. Henkel Corporation News/Recent Developments
8.6. Johnson & Johnson Services, Inc.
8.6.1. Johnson & Johnson Services, Inc. Overview
8.6.2. Johnson & Johnson Services, Inc. Products Portfolio
8.6.3. Johnson & Johnson Services, Inc. Financial Overview
8.6.4. Johnson & Johnson Services, Inc. News/Recent Developments
8.7. Huntsman Corporation
8.7.1. Huntsman Corporation Overview
8.7.2. Huntsman Corporation Products Portfolio
8.7.3. Huntsman Corporation Financial Overview
8.7.4. Huntsman Corporation News/Recent Developments
8.8. The Dow Chemical Company
8.8.1. The Dow Chemical Company Overview
8.8.2. The Dow Chemical Company Products Portfolio
8.8.3. The Dow Chemical Company Financial Overview
8.8.4. The Dow Chemical Company News/Recent Developments
8.9. Sika Corporation
8.9.1. Sika Corporation Overview
8.9.2. Sika Corporation Products Portfolio
8.9.3. Sika Corporation Financial Overview
8.9.4. Sika Corporation News/Recent Developments
8.10. BASF SE
8.10.1. BASF SE Overview
8.10.2. BASF SE Products Portfolio
8.10.3. BASF SE Financial Overview
8.10.4. BASF SE News/Recent Developments
Chapter 9 Preface
9.1. Data Triangulation
9.2. Research Methodology
9.2.1. Phase I – Secondary Research
9.2.2. Phase II – Primary Research
9.2.3. Phase III – Expert Panel Review
9.2.4. Approach Adopted
9.2.4.1. Top-Down Approach
9.2.4.2. Bottom-Up Approach
9.2.5. Supply- Demand side
9.2.6. Breakup of the Primary Profiles