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Adhesives & Sealants Market Study Reveals Impressive Growth at a CAGR of 6.1% during 2018-2026 | Market Key Manufacturers - DowDuPont, Adhesive Technologies Corp., 3M, Franklin International, The Reynolds Co., Sika AG, Mapei Spa, Arkema Group

11-18-2018 01:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Global Adhesives & Sealants Market Highlights
Adhesives & Sealants Market is accounted for $50.26 billion in 2017 and is expected to reach $85.60 billion by 2026 growing at a CAGR of 6.1% during the forecast period. Rising demand for low voc, green & sustainable adhesives & sealants, cutting edge Technologies in end-use industries are impelling the market growth.. However, instability in raw material prices are hampering the market growth. Moreover, growing demand for lightweight & low carbon emitting vehicles are creating ample opportunities for adhesives & sealants market.

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An adhesive is a chemical combination that joins two surfaces jointly to form a single unit, whereas a sealant is a partly solid material used to prevent liquid leakage. Even though they both are considered as a single industry, their presentation is different across end users. Instead, it fill up gaps and opposes relative movement of substrates.

Top Players:
Some of the key players in Adhesives & Sealants market include DowDuPont, Adhesive Technologies Corp., 3M, Franklin International, The Reynolds Co., Illinois Tool Works Inc.), Sika AG, Mapei Spa, Henkel AG & Co. KGaA , Arkema Group (Bostik SA), Wacker Chemie AG, Pidilite Industries Ltd, H.B. Fuller Company, LORD Corp., American Chemical Inc., Dymax Corporation, Master Bond and Permabond Engineering Adhesives Ltd.

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Market Segmentation:
Amongst end-user, building & construction segment commanded the largest market share due amplified improvement and repair activity and rising infrastructure spending and urbanization projects and new construction activities, such as dams, railways (metro rails), urban infrastructures, buildings, bridges, roads and others.
Based on geography, Asia-Pacific anticipated dominating the market due to increase in dual income nuclear families, number of woman workers and raise in disposable income.

Technologies Covered:
• Solvent-borne
• Water-borne
• Hot-melts
• Reactive
• Other Technologies

End-users Covered:
• Electronics
• Transportation
• Healthcare
• Building & Construction
• Footwear & leather
• Paper, Board, & Packaging
• Woodworking & Joinery
• Other End-users

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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