Growing With The Highest CAGR Hot-Melt Adhesive Technology Will Boost The Adhesive And Sealants Market Globally | The Market Is Expected To Grow At A CAGR Of 4.9% By 2027. - Digital Journal

2022-05-28 19:23:04 By : Ms. Coco Liu

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According to the report title “Global Adhesive & Sealant Market Outlook, 2027”, published by Bonafide Research, the Adhesive & Sealant is expected to reach more than $64 Billion in the year 2021. It is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2027. Adhesives & sealants have multiple application, such as building & construction, automotive & transportation, healthcare, paper & packaging, consumer/DIY, and, among others, is fueling the growth of the adhesives & sealants market.

Adhesives & Sealants are made from a composition of resins, additives, and solvents. It has strong and tensile strength, making them viable bonding material for high-pressure situations and the combination of adhesives & sealants is solely dependent on its end-use. An adhesive is used to bond two surfaces together for an indefinite length of time and varying amounts of stress. It has strong & tensile strength, making them viable bonding material for high-pressure situations. Whereas, a sealant is commonly less in strength compared to an adhesive and is often used to fill gaps and resist the relative movement of the surfaces to which they are applied. The market is segmented by adhesive formulating technology, sealant resin type, end-user applications, and geography. By formulating technology, the market is segmented into the water-based, solvent-based, hot melt, reactive and other technologies. By sealant resin type, the market is further segmented into silicone, polyurethane, acrylic, polyvinyl acetate, and other resin types. By application, the market is bifurcated into building & construction, automotive & transportation, healthcare, paper & packaging, consumer/DIY, woodworking, footwear and leather, electrical and electronics and other end-user industries. Geographically the market is segmented into region-wise and country-wise.

To avail the sample report for free: https://www.bonafideresearch.com/samplereport/220369911/global-adhesives-sealants-market

Region-wise, Europe and North America are together contributing more than 50% to the global market. Whereas, the Asia Pacific contributed the highest market share approx. 33% and continues to dominate with 5.8% of CAGR in future. In the Asia Pacific region, The Increasing demand from industries, such as construction, packaging, and electronics in the countries such as China, India, and Japan. China is the leading country in the global market with a market share of approx. 17% and India is the fastest-growing country throughout the forecasted period. In the Middle East & Africa region, Saudi Arabia is dominating the market and anticipated 4.6% CAGR till 2027. In adhesive formulating technology, Water-based technology leading the market with approx. 39% in 2021 and hot-melt technology has the highest CAGR of 6.5% till 2027. In sealant resin type, silicone and polyurethane are together contributing approx. 58% in 2021. The paper and packaging end-use industry is the largest consumer of the adhesives and sealants market. The packaging industry has been witnessing strong demand such as consumer goods, food and beverages, cosmetics, stationery, and other end-user industries.

Impact of Covid-19 on Adhesive & Sealant Market: In 2020, Due to the Covid-19 pandemic and disrupted the supply chain had a negative impact on the market but is after December-2020, the market is growing steadily in the forecast period owing to growth in Healthcare, automotive and construction activities across the world. ?

Major Companies present in the market: Henkel AG, 3m Inc. , Sika AG, H.B. Fuller Company, Arkema S.A., Huntsman Corporation, Illinois Tool Works Inc., Wacker Chemie AG, DuPont De Nemours, Inc., Pidilite Industries Limited, Avery Dennison Corporation, Dow Inc., Ashland Global Specialty Chemicals Inc.

Considered in this report • Geography: Global • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027

Aspects covered in this report • Global Adhesive & Sealant market with its value and forecast along with its segments • Region & country wise market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

Regions & Countries covered in the report • North America – United States, Canada, Mexico • Europe- Germany, United Kingdom, France, Italy, Spain, Russia • Asia-Pacific – China, Japan, South Korea, India, Australia • Latin America- Brazil, Argentina, Columbia • Middle-East & Africa- UAE, Saudi Arabia, South Africa

By Type in the report: • Adhesive • Sealant

By Formulating Technology in the report: • Water-based • Solvent-based • Hot-melt • Reactive & Others

By Resin Type in the report: • Silicone • Polyurethane • Acrylic • Polyvinyl Acetate • Other Sealant Product

By Application Type in the report: • Paper, Board, and Packaging • Buildings and Construction • Automotive & Transportation • Woodworking and Joinery • Footwear and Leather • Healthcare • Electrical and Electronics • Consumer & DIY • Other End-user Industries

Table of Contents 1. Executive Summary 2. Report Methodology 3. Market Structure 3.1. Market Considerate 3.2. Market Definition 4. Economic /Demographic Snapshot 5. Global Adhesives & Sealants Market Outlook 5.1. Market Size By Value 5.2. Market Share 5.2.1. By Region 5.2.2. By Country 5.2.3. By Company 5.2.4. By Application 5.2.5. By Formulating Technology (Adhesives) 5.2.6. By Resin Type (Sealants) …continue

To Access Complete Report: https://www.bonafideresearch.com/product/220369911/global-adhesives-sealants-market

Contact Us: Bonafide Research Steven Thomas, AM – Content Marketing [email protected] Asia-Pacific: +91 7878231309 / +61 2 8091 2123 Europe: +44 20 8089 0049 North America: +1 201 793 8545

About us: Bonafide Research is one of the fastest growing market research and consulting company. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenarios.

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]

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