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Adhesives & Sealants Market Size Worth USD 85 billion by Share, Business Growth, Global Trend, Key Findings, Prominent Players and Forecast 2028

07-04-2022 09:16 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Exactitude Consultancy

Adhesives & Sealants Market Overview:

Adhesives & Sealants Market report provides a comprehensive overview of global business tactics, development plans of top manufacturers, current industry status, and future scope. Increased technological advancements and R&D activities have increased demand for a variety of electrical and electronic devices such as tablets, smartphones, laptops, and others, where adhesives and sealants are widely used for bonding various components. This is one of the primary drivers of the adhesives and sealants market. This has resulted in an increase in the popularity of adhesives and sealants in the building and construction sectors, boosting the growth of the adhesives and sealants market.

The global Adhesives & Sealants market is projected to grow from USD 57 billion in 2019 to USD 85 billion by 2028, at a CAGR 4.5% during the forecast period 2022-2028.

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Adhesives & Sealants Market Key Players

The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Henkel AG & Co. KGaA (Germany), Sika AG (Switzerland), H.B. Fuller (U.S.), 3M Corporation (U.S.), and Bostik SA (France) and Others

Recent Development

In Jan 2021, Huntsman Corporation completed the acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity.
In February 2020, Henkel has officially inaugurated its new production facility in Kurkumbh, India, near Pune. With a total investment of about USD 57 million, the business unit aims to serve the growing demand of Indian industries for high-performance solutions in adhesives, sealants and surface treatment products. Designed as a smart factory, the new plant enables a wide range of Industry 4.0 operations and meets the highest standards for sustainability.
In November 2020, H.B. Fuller has launched Full-Care 5885 to meet industry's growing demand for natural-based hygiene articles. This adhesive offers great value by combining high-performance 100% cotton bonding at low cost in use.

Browse Complete Premium Research Details with 139 Pages, Tables on content, List of Tables and List of Figures:

https://exactitudeconsultancy.com/reports/1762/adhesives-sealants-market/

Adhesives & Sealants Market Segmentation:

Adhesives by Technology, 2019-2028, (In USD Million)

Water-based
Solvent-based
Hot-melt
Reactive & Others

Adhesives by Application, 2019-2028, (In USD Million)

Paper & packaging
Building & construction
Woodworking
Consumer & DIY
Automotive & transportation
Leather & footwear
Assembly
Medical
Electronics
Others

Sealants by Resin, 2019-2028, (In USD Million)

Silicone
Polyurethane
Plastisol
Emulsion
Polysulfide
Butyl
Others

Sealants by Application, 2019-2028, (In USD Million)

Building & construction
Automotive & transportation
Consumer
Others

Growth Factors:

Increasing demand from the Adhesives & Sealants industries
The growing use of Adhesives & Sealants in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Adhesives & Sealants Market

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Adhesives & Sealants Market Regional Analysis

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2028, covering

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Key Adhesives & Sealants Market Trends

- The report identifies, determines, and forecasts the Global Adhesives & Sealants Market segments based on their type, sub-type, technology used, applications, end-users, and regions.

- Industry to Industry Holds Largest Share in the Adhesives & Sealants Market

- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.

- Demand from Regional / geographical is expected to drive the Growth

- Rising Adoption of Market Segments in the Adhesives & Sealants Growth

- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Adhesives & Sealants Market.

Frequently Asked Questions

What is the study period of this market?
What is the growth rate of Adhesives and Sealants Market?
Which region has highest growth rate in Adhesives and Sealants Market?
Which region has largest share in Adhesives and Sealants Market?
Who are the key players in Adhesives and Sealants Market?

About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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