Press release
Adhesives and Sealants Market to reach USD 129.8 Bn by 2029, emerging at a CAGR of 4.53 percent and forecast 2023-2029
Adhesives and Sealants Market, Adhesives and Sealants Market Share,
The report dives into a detailed examination of market segments and regional influences, offering a thorough understanding of the current and projected market scenario. It presents a holistic view of the industry's evolution, highlighting key factors influencing market growth and competitiveness.
Maximize Market Research's report on the Adhesives and Sealants Market is the culmination of a meticulous research methodology. It amalgamates insights garnered from various industry participants, market experts, and reliable data sources. The research process involves a systematic approach that incorporates data collection, validation, and analysis to ensure accuracy and reliability.
The methodology employed includes data collection from primary and secondary sources, incorporating qualitative and quantitative research techniques. Primary research involves interviews and interactions with industry experts, manufacturers, suppliers, and stakeholders to gather firsthand information. Secondary research involves extensive literature review, analyzing industry reports, company websites, press releases, and databases.
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What are Adhesives and Sealants Market Dynamics:
The growing population and urbanization are the factors which are driving the residential construction segment in developing countries such as China, India, Indonesia, Vietnam, Brazil, and Mexico. There is an increasing demand for permanent houses in these countries, which, in turn, is driving the demand for adhesives & sealants. There are various applications of adhesives & sealants in the construction industry, such as carpet, tiling, wallpapers, and exterior insulation systems. Adhesives & sealants are also used to hold curtain wall panels and insulating glass units in place.
In addition, various product innovations, such as the development of water-based adhesives and organic solvents that are environment-friendly and exhibit higher bonding strength, are contributing to the market growth. The increasing requirement for adhesives and sealants for bonding dissimilar materials is also boosting the market growth. These binding agents are rapidly replacing mechanical fasteners, such as welds, screws, rivets, gaskets and fasteners, thereby enabling the product manufacturers to produce lightweight and compact components.
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Adhesives and Sealants Market Regional Insights:
Asia-Pacific, considered the fastest-growing market, is poised to witness significant expansion throughout the forecast period. Factors driving this growth include an increase in female workers, rising dual-income nuclear families, higher disposable incomes, and elevated per capita expenditure on social and cultural activities. Additionally, robust government funding for public welfare initiatives contributes to the region's burgeoning market. The automotive and transportation sectors in countries like India, Taiwan, Indonesia, Malaysia, Thailand, and Vietnam are major consumers of adhesives & sealants. Moreover, the burgeoning infrastructure projects in emerging Asian economies contribute significantly to market growth. The use of sealants in construction, particularly for preventing dust, fluid, and insect passage, further fuels market expansion in this region.
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What is Adhesives and Sealants Market Segmentation:
by Technology
• Water-based
• Solvent-Based
• Hot melt
• Reactive
by Product
• Acrylic
• PVA
• Polyurethane
• Styrenic Block
• Epoxy
• Others
by Application
• Pressure Sensitive
• Packaging
• Construction
• Furniture
• Others
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Who are Adhesives and Sealants Market Key Players:
• 3M Co.
• Adhesive Technologies Corp.
• American Biltrite Inc.
• American Chemical Inc.
• Arkema Group
• Ashland Inc.
• Beardow & Adams Ltd
• Benson Polymers Ltd.
• DowDuPont
• Dymax
• Franklin International
• H.B. Fuller Co
• Henkel AG & Co. KGaA
• Huntsman Corp.
• ITW Performance Polymers
• Jowat AG
• LORD Corp.
• Mapei Spa
• Master Bond
• Ninghai Dingcheng Adhesive Co. Ltd.
• Permabond Engineering Adhesives Ltd.
• Pidilite Industries Ltd.
• Sika AG
• The Reynolds Co.
• Wacker Chemie AG
• Yokohama Industries
Table of content for the Adhesives and Sealants Market includes:
1. Global Adhesives and Sealants Market: Research Methodology
2. Global Adhesives and Sealants Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Adhesives and Sealants Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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