Adhesives & Sealants Market worth $86.6 billion by 2029 | Key players Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Sika AG (Switzerland).

According to recent market research the "Adhesives & Sealants Market by Adhesive Technology (Water-based, Solvent-based, Hot-melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, & Region - Global Forecast to 2029", The global adhesives & sealants market size was USD 76.1 billion in 2024 and is projected to reach USD 86.6 billion by 2029, at a CAGR of 2.6% between 2024 and 2029. The adhesives and sealants market are witnessing expanding growth opportunities driven by several factors, including the demand for bonding dissimilar materials and the replacement of traditional materials with synthetic substrates. This market growth is further bolstered by rising applications in construction and automotive sectors, advancements in adhesive technologies, and escalating demand in the Asia Pacific region.

Browse 350 market data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "Adhesives & Sealants Market - Global Forecast to 2029"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/adhesive-sealants-market-421.html

Population growth and urbanization are key drivers propelling the residential construction sector in developing nations like China, India, Indonesia, Vietnam, Brazil, and Mexico. The rising demand for permanent housing in these regions is consequently boosting the need for adhesives and sealants. Within the construction industry, adhesives and sealants find diverse applications such as carpeting, tiling, wallpapers, and exterior insulation systems, as well as in securing curtain wall panels and insulating glass units.
According to Global Construction Perspectives and Oxford Economics, the global construction output is projected to increase by 85% to reach USD 15.5 trillion by 2030, with China, the US, and India contributing up to 57% of this growth. This upsurge is attributed to economic recovery in these major economies.

Factors such as globalization, urbanization, improving standards of living, rising purchasing power parity (PPP), infrastructural development, and the growing necessity to construct megacities in emerging economies are driving the construction industry worldwide. In developed countries, the construction industry accounts for approximately 5% of GDP, while in developing economies, it represents around 8%. There is a significant anticipated demand for infrastructure in emerging economies over the next two decades, with global infrastructure investment estimated to reach USD 3.7 trillion annually by 2040.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=421

Asia Pacific has established itself as a prominent hub for the production and consumption of adhesives and sealants, driven by growing domestic demand, rising income levels, and abundant access to resources. The region leads in automobile production and the automotive and transportation industry stands out as a significant consumer of adhesives and sealants. Economic expansion in Asia Pacific, notably in emerging markets like India, Taiwan, Indonesia, Malaysia, Thailand, and Vietnam, is fueling the surge in infrastructure projects, thereby boosting the demand for adhesives and sealants in the building and construction sector.

Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Sika AG (Switzerland), Arkema (Bostik) (France), and 3M (US). The companies are majorly following product development, investment & expansion, and innovation as the strategy to grow and expand the market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=421

BASF SE is a versatile chemical enterprise organized into six distinct business segments: chemicals, materials, Industrial Solutions, surface technologies, Nutrition & Care, Agricultural Solutions, and Others. BASF's products include a wide range of plastics, fibers, and pigments, used in various industries such as automotive, construction, and consumer goods. The company has a strong presence in Asia and North America, and its Global Business Services division further supports its operations worldwide. BASF is committed to sustainability and innovation and has set ambitious goals to reduce its carbon footprint and increase its renewable energy usage. The company has a strong customer base and operates in Europe, North America, APAC, South America, Africa, and the Middle East.

Henkel has a globally expansive presence with a diversified portfolio spanning homecare, laundry, cosmetics, and adhesive products. Its operations are organized into four key business segments: adhesive technologies, laundry & home care, beauty care, and corporate. Within the adhesive technologies segment, Henkel leads the global market in adhesives, sealants, and functional coatings, offering a comprehensive range of solutions under five technology cluster brands: LOCTITE, BONDERITE, TECHNOMELT, TEROSON, and AQUENCE, serving consumers, craftsmen, and industrial businesses worldwide.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/adhesive-and-sealant.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/adhesive-sealants-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.