Adhesives & Sealants Market worth US$ 73.8 Billion by 2024 | Global Key Players like Henkel, H B Fuller, Sika, Arkema and Others.

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A fresh report titled on “Adhesives & Sealants Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

The Adhesives & Sealants Market is projected to grow from US$ 58.9 Billion in 2019 to US$ 73.8 Billion by 2024, at a CAGR of 4.6% between 2019 and 2024. This report spread across 227 pages, profiling 11 companies and supported with 198 tables and 51 figures is now available in this research.

Top Companies profiled in the Adhesives & Sealants Market:
• Henkel (Germany)
• H B Fuller (US)
• Sika (Switzerland)
• Arkema (France)
• Huntsman Corporation (US)
• 3M Company (US)
• Illinois Tool Works Inc. (US)
• Avery Dennison Corporation (US)
• DowDuPont Inc. (US)
• Wacher Chemie Ag (Germany)

The paper & packaging application accounts for the largest share in the adhesives & sealants market and is expected to remain the largest market segment between 2019 and 2024.The growth of this segment is expected to be driven by increased use of adhesives in a wide variety of paper bonding applications. These applications range from corrugated box construction and the lamination of printed sheets to packaging material used for all types of consumer products and the production of large industrial tubes and cores used by manufacturers of roll goods and other materials.

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Silicone sealants are very versatile products that have excellent resistance to UV radiation, ozone, and most chemicals. They offer good thermal stability, low-temperature flexibility, and long-term aging properties. The formulations typically include adhesion promoters and fillers to increase flexibility and tensile strength.The use of these sealants in high-growth applications, including expansion joints between dissimilar materials, and for weather sealing in high-rise buildings, airport runways, and highways has also increased their demand.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1–60%, Tier 2–30%, and Tier 3–10%
• By Designation: C-Level Executives –30%, Directors –60%, and Others–10%
• By Region: North America–35%,Europe– 20% ,APAC – 30%,South America – 5%,Middle East & Africa–10%

Reason to buy this report:
• Market Penetration: Comprehensive information on adhesives & sealants offered by top players in the adhesives & sealants market

• Product Development/Innovations: Detailed insights on upcoming technologies, research & development activities, and new product launches in the adhesives & sealants market

• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for adhesives & sealants across various regions

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the adhesives & sealants market

• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the adhesives & sealants market

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This release was published on openPR.