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Adhesives and Sealants Market Size is forecast to reach USD 81.2 Billion by the year 2027 | Reports and Data


Reports and Data have recently published a novel report on the global Adhesives and Sealants market to provide details about ongoing and upcoming activities in the Adhesives and Sealants industry. The global market is expected to reach USD 81.2 Billion by the year 2027 from USD 55.7 Billion in 2019 with a CAGR of 5.13%. The research report offers in-depth information about market share, market size, revenue growth, drivers, restraints, limitations, growth opportunities, and top companies in the market.

Glass building construction requires the use of sealants in the panels, for a stable structure. The main challenge the industry faces are the volatile cost of the raw material used for the production of adhesive and sealant products. The market is mainly driven by the robust growth and demand in the packaging industry due to the enormous demand and rise of the food and package industry. The market can be hindered by stringent regulations regarding VOC emissions.

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Market Overview:

The materials and the chemical market is rapidly expanding in terms of revenue in recent years and over the forecast period owing to increasing demand for raw materials and chemicals for various industrial applications such as paper and paint, food and beverages, healthcare and pharmaceutical, manufacturing, construction, and agriculture. Revenue growth of the global Adhesives and Sealants market is attributed to factors such as rapid industrialization and urbanization, increasing awareness about green energy, rising inclination towards eco-friendly and biodegradable products, and rising presence for packaged food. In addition, increasing investments in research and development activities, rising disposable income, and increasing demand for products such as soaps, detergents, perfumes for daily usage are fueling the market growth.

Competitive Landscape:

The report offers precise information about each market player along with global position, business expansion plan, license agreement, research and development investments, and product base expansion plans. The global Adhesives and Sealants market is extremely competitive and comprises of key operating at global and regional levels.  Major companies are focusing on developing new strategies like mergers and acquisitions, partnerships, collaborations, and new product launches to maintain their market position as well as enhance their product base.

The top 10 leading companies profiled in the report include 3M Company, Arkema, Dow Chemical Company, H.B. Fuller, Henkel, Bostik, RPM International Inc., Sika AG, Ashland Inc., BASF AG, among others.

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What is the expected market size of the global Adhesives and Sealants market during the forecast period?

Which key factors are expected to fuel market growth throughout the forecast period?

Which factors are expected to hamper the growth of the global Adhesives and Sealants market between 2021 and 2028?

Which application segment revenue is expected to register rapid CAGR between 2021 and 2028?

Which region is expected to register the fastest revenue CAGR over the forecast period?

Which leading players are operating in the global Adhesives and Sealants market?

What are the key outcomes of SWOT analysis and Porter’s Five Force model?

For the purpose of this report, Reports and Data have been segmented into the global Adhesives and sealants market on the basis of Adhesive Technology, Resin type, end-use industry, and Region:

Adhesive Technology Outlook (Revenue, USD Billion; Volume, Kilo Ton); 2017-2027)

Water-Based

Solvent-Based

Hot-Melt

Reactive

Others

Resin Type Outlook (Revenue, USD Billion; Volume, Kilo Ton); 2017-2027)

Silicone

Acrylic

Polyvinyl Acetate

Polyurethane

Others

End-Use Industry Outlook (Revenue, USD Billion; Volume, Kilo Ton); 2017-2027)

Building and Construction

Paper, Board, and Packaging

Transportation

Woodworking and Joinery

Footwear and Leather

Healthcare

Electrical and Electronics

Other End-user Industries

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Adhesives and Sealants Market Segmentation Based on Regions:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

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Thank you for reading our research report. We also offer customization of the report as per client request. Kindly connect to us to know more about the customization plan and our team will provide you with the best-suited report as per your requirement.

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries and help clients make a smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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