Solvent-based Adhesives Market Survey Report 2020 Along with Statistics, Forecasts till 2026

The Solvent-based Adhesives Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2026. The Solvent-based Adhesives market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Solvent-based Adhesives Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Solvent-based Adhesives Market
Henkel, Sika, Bostik, RPM International, KCC, H.B. Fuller, 3M, Illinois Tool Works, Avery Dennison, Huntsman International, DowDuPont, Ashland, MAPEI, Akzo Nobel, Permabond, Dymax, LORD, Delo Industrie Klebstoffe, Franklin International, among others.

The global Solvent-based Adhesives market is expected to reach approximately US$ 15.3 Billion by 2025 growing at a CAGR of 7.1% from 2020-2026.

Market Overview:
An adhesive is any non metallic substance applied to one surface, or both surfaces, of two separate items that binds them together and resists their separation.
Solvent-based adhesives market is expected to benefit from growth in the automobile manufacturing industry during the forecast period. There is a drive for production of lightweight automobiles which is leading to an increase in demand for adhesives and sealants. These adhesives and sealants are used in place of welded joints, mechanical fasteners and gaskets and help reduce the weight of the automobile. Thus, rising demand for lightweight automobiles is expected to increase the demand for solvent-based adhesives during the forecast period.

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Market Insights:
Adhesives & Sealants market is estimated to be over 60 Billion USD with Industrial & Construction sector accounting for major share. Adhesives account for 90% of the global market while sealants making up the balance. Industrial adhesives and sealant market is estimated over 34 Billion USD while construction sector accounts over 22 Billion USD. According to Prismane Consulting Herfindahl-Hirschman index (HHI) calculations, Adhesives & Sealants market is highly fragmented. The top 100 global manufacturers of synthetic specialty adhesives and sealants have significant sales volume. Amongst these 100 players, the top 5 players account for a whooping share of more than 30% or almost one third of the total market. All other players other than the top 100 account for a marginal share. Major players in adhesives and sealant industry are Henkel, Sika, Bostik and H.B. Fuller, 3M, DowDuPont and Royal. Henkel markets its adhesives and sealants with brand name LOCTITE and has variety of adhesives and sealants in its portfolio. Henkel accounts for more than 20% of global adhesives and sealants market. In terms of product development and sales, companies are investing in R&D, brand building, and consumer relations to support their competitive position.

Polymer dispersion adhesives account for the largest market share in the global adhesives consumption owing to their pricing and versatility. There has been a decline in the solvent based adhesives in the developed economies due to regulations on Volatile Organic Compounds (VOCs) emissions. Polyurethane and silicone based sealants together account for more than 50 per cent of total sealants demand.
Global adhesives and sealants market is estimated to witness an average growth of 4 to 5% during the forecast period 2018 - 2025. Geographically, Asia Pacific is the largest market followed by North America and Western Europe. Western Europe, Central & Eastern Europe and Middle East Africa together account for slightly more than 35%. A growing middle class along with an increase in disposable income and improved standard of living in Asia-Pacific has generated a strong demand for adhesives and sealants.

Growth in the Asian countries has significantly outpaced North America and Western Europe and this trend is estimated to continue in near future. Asia-Pacific is the biggest market at global level in 2017 accounting for almost 40% of the global demand on account of increased adhesive use in athletic footwear and shoe manufacturing market and shift of the footwear manufacturing from North America and Europe to Asia-Pacific regions like China, India, Vietnam, South Korea and other South East Asian Countries. The demand for all types of adhesives and sealants in the Western Europe has been relatively weaker due to more challenging economic conditions. In another major restructuring event; United Kingdom has opted for a hard exit from the European Union, opening speculations and debates on new trade policies in the European Union. The UK is on course to leave the union in March 2019. The U.K. is now renegotiating its future trade relations and planning for two year "transition" period to smooth the way to post-Brexit relations. The ongoing recovery in the North American building & construction sector is likely to push the demand for adhesives and sealants in the mid-term forecast.

The Solvent-based Adhesives market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.

This report segments the global Solvent-based Adhesives Market on the basis of Types are
Polyurethane (PU), Styrenic Block, Ethyl Vinly Acetate (EVA)

On The basis Of Application, the Global Solvent-based Adhesives Market is Segmented into
Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation

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Regions Are covered By Solvent-based Adhesives Market Report 2020 To 2026.

North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Solvent-based Adhesives Market
-Changing Solvent-based Adhesives market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Solvent-based Adhesives market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Solvent-based Adhesives Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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