Press release
High Performance Adhesives & Sealants Market Share, Market Size, Growth, Opportunities, and Market Forecast to 2023
The adhesives & sealants market is expected to reach 70 billion by the end of 2023 growing at a CAGR of 5.5% from 2018-2023. The major factors contributing towards the growth are use of adhesives & sealants in various applications, continuous R&D to develop new products, and increasing automotive production are some of the factors driving the adhesives & sealants market.Asia-Pacific region has been dominating the adhesives & sealants market in 2018 and is expected to continue to account for the major market through 2023, followed by Europe and North America. China will continue to capture the largest share in the next five years mainly due to high demand of adhesives & sealants from construction, healthcare, automotive, and consumer products.
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The various applications of adhesives are paper, board & related products transportation, footwear, consumer, building and construction, woodworking and others. The various applications of sealants covered in this market are construction, transportation, consumers, assembly, and others
Companies are adopting various strategies by creating competitive advantage by capturing new technologies and leverage more and more customized products to cater various industry segments. For instance, in 2017, Ashland has developed two innovative pressure sensitive adhesives for various demanding application such as foil tape and medical applications.
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Some of the major companies in the North American adhesives & sealants market are 3M, Ashland Chemical, BASF, Bemis (MACtac), Bostik, Chemence, Craig Adhesives and Coatings, Dow Automotive, Dow Corning, Franklin International, H.B. Fuller, Henkel Corporation and others. We have covered 40+ players from North American region. Similarly, various players of adhesives & sealants from each region have studied individually. We have profiled around 300+ players in adhesives & sealants market globally.
Report Highlights
1. We have analysed 50 countries for each type of adhesive & Sealant
2. Each type of adhesive and sealant is further analysed by chemistry and industry
3. Detailed analysis of country wise growth drivers such as end use industry growth, macroeconomic and demographic indicators
4. More than 300+ producers of adhesive and sealants have been profiled in this report. Approximately 240 belong to China; capacity data for most of the players have been verified.
Market share analysis across North America, Europe, APAC & Rest of the World
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Report Scope
The research of adhesives and sealants market mainly focuses the 50 countries across North America, South America, Europe, Asia pacific and Rest of the World covering:
Adhesives & sealants market (2016, 2017 to 2022) by technology, chemistry and end use industry (country level analysis will be done for more than 50 countries across NA, WE, CEE, LatAm, APAC & MEA)
Contact Us:
Email- info@supplydemandmarketresearch.com
Website- www.supplydemandmarketresearch.com
Phone Number: +919960204545
We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis. Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.
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