Press release
Global adhesives and Sealants market size to exceed USD 50 billion by 2023: Global Market Insights, Inc.
Adhesives and sealants market size analysis is set to exceed USD 50 billion by 2023. Strong infrastructure development indicators and focus on vehicle weight reduction for better fuel performance will play a key role in demand development.
Get Technical Insights Report PDF@
http://bit.ly/2d22zR9
Waterborne adhesives market size dominated the technology landscape, with 47% global share 2015. This technology is preferred over solvent borne technology owing to low VoC emissions to curb environmental toxicity.
Hot melt adhesives market size is forecast to gain significantly, with 5.3% CAGR up to 2023. On product basis, acrylic products witnessed most usage, with overall consumption close to 3.6 million tons in 2015, whereas silicone sealants consumption was over 580 kilo tons.
Stringent norms by the EPA and REACH to address environment concerns over VoC emissions may challenge industry growth. Strong focus on developing renewable materials as an alternative to fossil fuel products is likely to support growth. Bio adhesive market size already accounts for over 1% of the total demand and could witness sizable gains over the coming seven years.
To download sample pages or view this report in detail along with the complete table of contents, please on click the link below:
http://bit.ly/1Th40Hn
Key insights from the report include:
Global adhesives market size is set to attain grow at 4.9% CAGR, whereas sealants market size is estimated to reach 2.7 million tons by 2023.
Pressure sensitive adhesive (PSA) applications dominate demand and accounted for over 29% of the total demand in 2015, followed by packaging, with overall consumption of close to 2.1 million tons.
Construction sealants market size witnessed consumption of 510 kilo tons in 2015. Automotive sealants market is forecast to significantly grow at 5.4% CAGR and reach 565.0 kilo tons by 2023.
APAC, led by China, Japan & India, was the leading regional industry and accounted for over 40% of the total demand in 2015.
China polyurethane (PU) glue demand was estimated at close to 280 kilo tons in 2015, whereas PU sealants demand in China was calculated at close to 135 kilo tons in the same year.
Inquire for Buying This Industry Report@
http://bit.ly/29Z79hV
North America, driven by stringent norms in the U.S., accounted for over 22% of the total volume in 2015. North America construction glues market was close to 345 kilo tons in 2015.
Global market share is moderately consolidated with multinationals such as Dow, HB Fuller, 3M and Henkel catering to over 47% of the industry demand. Other notable companies include Eastman Chemical, BASF, Avery Dennison, Ashland and Bostik.
Read our insightful industry blogs:
https://gminsights.wordpress.com
http://www.fractovia.org
Contact Us:
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web:https://www.gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
29L Atlantic Avenue, Suite L 105
Ocean View, Delaware
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global adhesives and Sealants market size to exceed USD 50 billion by 2023: Global Market Insights, Inc. here
News-ID: 363645 • Views: …
More Releases from Global Market Insights, Inc
Point of Care Ultrasound Market Outlook 2021-2025 | Analogic, Canon Medical Syst …
Growing demand for fast and accurate diagnostic tools is expected to drive point of care ultrasound market growth in the ensuing years. Point-of-care ultrasound (POCUS) has become a standard tool in the emergency department, as it answers to specific clinical queries that narrow differentials, guide clinical therapy, and direct consultations and disposition.
Recent technological advancements have led to the development of miniature POCUS that range from stationary high-end systems to small…
Medical Tourism Market Forecast 2027 By Top Players Asklepios, KPJ Healthcare Bh …
Medical Tourism Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Every year millions of people travel abroad seeking medical treatment and efficient surgical procedures such as cosmetic surgery, cardiovascular surgery, orthopedic and dental surgery which is referred to…
Medical X-ray Market Outlook 2021-2027 | Top Players Siemens Healthcare, GE Heal …
Medical X-ray Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Researchers at Northwestern University have designed a new AI-based platform that analyses lung X-rays and detects COVID-19. The machine-learning (ML) algorithm, named DeepCOVID-XR, was able to outperform a…
Biosensors Market 2021 by Top Industry Players Abbott Laboratories, Bio-Rad Inte …
Biosensors Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising incidences of several serious disorders among the global population has evoked the need to detect these at early stages in order to obtain appropriate treatment on time. This…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
