Global Adhesives and Sealants Market to reach a value of USD 79.87 billion by 2028.

Global adhesives and sealants market is driven by growing demands for medical adhesives from global healthcare industry, rise in adoption of e-commerce coupled with increased purchasing power and high demand from the building and construction industries for adhesives and sealants.
Global Adhesives and Sealants Market to Grow as Demand for Silicone Segment Shoots Up
In terms of volume, the silicones category has been witnessing highest demand in adhesives and sealants market and the segment held more than 31.0% market share in 2021. The industry is expected to expand as a result of increased infrastructure investments and construction activity. This high market share can be attributed to various benefits that it offers including flexibility, temperature resistance, water resistance, oil & chemical resistance, superior binding qualities, and inertness. Hence, these sealants are essential parts of thousands of products. The building and construction industry is where silicone sealant is mostly used, and this use is anticipated to grow over the course of the projection period due to global infrastructure advancements. It is anticipated that the construction of stadiums, bridges, museums, concert halls, research centres, and medical buildings will help the segment's growth.
On a variety of substrates, including metal, plastic, rubber, wood, and glass, polyurethane adhesive materials display superior features like quick drying, good abrasion & chemical resistance, and excellent binding strength. These items typically utilise reactive technology and include polymers with urethane bonds. These substances give the glue stability, low viscosity, and a quicker cure time. The characteristics of the cross-linking polymers determine how well epoxy-based goods attach to a wide range of materials. They offer excellent chemical and environmental resistance, high temperature resistance, high strength bonding on a range of substrates, and high temperature resistance. These adhesives typically use reactive technology as their foundation.

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Read market research report, "Global Adhesives and Sealants Market By Adhesive Technology (Water-based, Solvent-based, Hot-melt, Reactive& Others), By Adhesive End-Use Industry (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation, Leather & Footwear & Others), By Sealant Resin (Silicone, Polyurethane, Emulsion, Polysulfide and Others), By Sealant End- Use Industry (Building & Construction, Automotive & Transportation, Consumer & Others) & By Region (North America, Europe, Asia-Pacific, South America, and MEA)-Forecast and Analysis 2022-2028" by SkyQuest

Trend Towards Developing Eco-Friendly Materials and Process can be both a Challenge and an Opportunity for the Global Adhesives and Sealants Market
Manufacturers of adhesives and sealants confront global difficulties. For producers, the global trend toward fully biodegradable materials presents both a difficulty and an opportunity. There is a market for such products since biodegradable materials are becoming more and more popular. Key manufacturers now are focused to produce non-hazardous, environmentally friendly, and sustainably manufactured adhesives and sealants as a result of increased legislation and rising public awareness. For instance, Henkel AG & Co. KGAA provides sustainable polyurethane adhesives for bonding applications in construction materials without the addition of formaldehyde. Furthermore, Sika AG, a top producer of structural adhesives in the global adhesives and sealants market, is looking into sustainable possibilities for its adhesive products in order to keep up with the growing worldwide sustainability trends. Additionally, a project procurement community called B2B Purchase in 2019 published an article claiming that buyers are aware of the importance of choosing environmentally friendly products. As a result, the market is anticipated to benefit from the development of non-hazardous and sustainable adhesives and sealants in the near future.

On the contrary, the global adhesives and sealants market is hampered by strict environmental restrictions from governing environmental organisations connected to VOC (Volatile Organic Compound) emission, which presents a problem for manufacturers. For example, a number of regulatory authorities, like the European Union and the US EPA, have established standards and guidelines to limit the use of hazardous or organic substances in the production of adhesives and sealants. This is due to the fact that manufacturers are only able to generate synthetic adhesives and sealants, as well as the rising price of the essential raw ingredients used to make them.

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Asia Pacific is projected to continue dominating the global adhesives and sealants market which in 2021 had a share of the global volume of close to 37.0% . In 2020, the COVID-19 pandemic had a significant influence on a number of industries, including textile and apparel, construction, and automotive, as well as on overseas commerce. For instance, according to government data, the first two months of 2020 saw a 12.4% year-over-year fall in the textile trade between China and India. Since the third quarter of 2020, the market has exhibited signs of improvement, and it gained traction in 2021.

One of the main growth drivers for the Middle East and Africa adhesives and sealants market is the Gulf Cooperation Council (GCC). Over the projected period, expanding building activities in the GCC area are likely to drive up demand for adhesives and sealants. The housing market in GCC nations did not fare well in the recent past. This was mostly brought on by the drop in oil prices and the slowdown in the economy. The investments in residential construction, energy, and transportation infrastructure are expected to boost the construction industry's performance in the upcoming years.

The expansion of the infrastructure in Central and South America is predicted to be fueled by government measures for economic recovery. During the projection period, the construction sector is anticipated to expand in nations like Argentina, Colombia, and Peru. The demand for adhesives and sealants in Central and South America is then expected to increase as a result of this. For instance, an increase in building and related economic activity can be largely blamed for the expansion of Peru's economy.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

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What does this Report Deliver?
● Market Estimation for 20+ Countries
● Adhesives and Sealants Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country specific Adhesives and Sealants Market Trends
● Comprehensive Mapping of Adhesives and Sealants Industry Parameters
● Attractive Investment Proposition in the Global Adhesives and Sealants Industry
● Competitive Strategies Adopted by Adhesives and Sealants Market Key Players
● Drivers, Restraints, Opportunities, Challenges and the impact on the Adhesives and Sealants Market Size
● Market growth rate till 2028
● Regulatory scenario, regional dynamics, and Adhesives and Sealants market insights of leading countries in each region
● In-depth Market insights by Region and Country
● Market Segmentation Trend Analysis, Opportunities and Growth
● Porter's five force analysis to know the market's condition
● Pricing Analysis and Adhesives and Sealants Market Sales
● Parent market analysis
● Product portfolio benchmarking
SkyQuest has segmented the Global Adhesives and Sealants Market based on Adhesive Technology, Sealant Resin, Adhesive End-use Industry, Sealant End-use Industry and Region:
● Global Adhesives and Sealants Market by Adhesive Technology (Revenue, USD Billion, 2021 - 2028)
o Water-based
o Solvent-based
o Hot-melt
o Reactive
o Others
● Global Adhesives and Sealants Market by Adhesive End-Use Industry (Revenue, USD Billion, 2021 - 2028)
o Paper & Packaging, Building & Construction, Woodworking
o Consumer/DIY
o Automotive & Transportation
o Leather & Footwear
o Others
● Global Adhesives and Sealants Market by Sealant Resin (Revenue, USD Billion, 2021 - 2028)
o Silicone
o Polyurethane
o Emulsion
o Polysulfide
o Others
● Global Adhesives and Sealants Market by Sealant Resin (Revenue, USD Billion, 2021 - 2028)
o Building & Construction
o Automotive & Transportation
o Consumer
o Others
● Global Adhesives and Sealants Market By Region (Revenue, USD Billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Central & South America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA
Key Players in the Global Adhesives and Sealants Market
● 3M (U.S.)
● Arkema S.A.(France)
● Henkel Corporation (Germany)
● Ashland Inc. (U.S.)
● Avery Dennison (U.S.)
● BASF SE (Germany)
● Evonik Industries (Germany)
● H.B. Fuller Company(U.S.)
● PPG Industries (U.S.)
● RPM International Inc. (U.S.)
● Sika AG (Switzerland)
● Wacker Chemie AG (Germany)

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