Adhesives & Sealants Market Size, Share | Global Industry Report, 2024 | 3M, Ashland, AVERY DENNISON CORPORATION, Beardow Adams, BOSTIK SA, The Dow Chemical Company, Eastman Chemical Company, Ellsworth Adhesives, H.B. Fuller Company and Henkel AG & Co. KG

Industry Updates:

Jan 2018 APF which is a Phoenix-based maker of systems for concrete coating in commercial, industrial and residential applications along with a flooring product line has been bought by the ICP Group who has the backing of Audax Private Equity, The financial terms of the deal were not made available. This move is expected to add scale to ICP Construction’s existing business for floor coatings and will provide the group a manufacturing facility on the west coast. The acquisition of APF is the group’s 8th deal under the ownership of Audax.

Receive a Sample Report for more Detailed Information @ https://www.marketresearchfuture.com/sample_request/792

Detailed Regional Analysis

The Adhesive and Sealant Market Around the world includes regions such as Europe, APAC, North America and Rest of the World. The North American market is the leading region for adhesives & sealants. The market in North America for the industry is expected to grow at an incomparable CAGR and is expected to reach double digit US$ Million in revenue by 2023. In terms of this industry, Europe is anticipated to be the second-largest market which will similarly to grow at an incremental CAGR rate.

Adhesives & Sealants Market 2018 - 2024

Adhesives are used to adhere different materials to form a single substance by binding them together and resisting their separation, whereas sealants are utilized to block the movement of fluids through openings or joints of a material. They offer excellent corrosion resistance at low cost, enhanced fatigue, and impact resistance to the product. Moreover, excellent flexibility, homogeneous distribution, and durable nature are the important trends and factors influencing the market confidently. Therefore, they are used in various applications such as pressure sensitive, construction, automotive, packaging, furniture, and others.

Among the various segments in the Adhesives & Sealants Market, the water-based segment is the leading technology used in the market owing to its extensive consumption in the end-user industries such as pressure sensitive, construction, automotive, and others. The acrylic segment holds the major portion of the market and is expected to continue its dominance on account of the extensive use of the product for caulking, grouting, jointing, and embedding in the construction sector. It is predicted that the polyurethane segment is set to grow at a higher CAGR due to its growing demand for the product in the packaging, construction, and automotive sectors. The market by application is segregated into pressure sensitive, construction, automotive, packaging, furniture, and others. Pressure sensitive is leading the market in application segment due to boundless use of adhesives in tapes or labels for non-structural applications. Moreover, the construction industry is set to grow at a rapid rate owing to the extensive use of adhesives in flooring underlayment, carpet laying, ceramic tile, countertop lamination, and others.

Get Research Report Overview @ https://www.marketresearchfuture.com/reports/adhesives-sealants-market-792

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.