Adhesives and Sealants Market Share, Trends | Forecasts to 2027

Precedence Research recently published a report on “Adhesives and Sealants Market By Product (PVA, Epoxy, Acrylic, Styrenic block, PU, EVA, Others) By Technology (Solvent based, Water based, Hot melt, and Reactive, Others) By Application (Packaging, Pressure Sensitive, Furniture, Construction, Footwear, Automotive, Others) Sealants Market Product (PU, Silicone, Acrylic, PVA, Others) By Application (Automotive, Construction, Assembly, Packaging, Consumers, Others) – Global Market Size, Share, Trends Analysis, Regional Outlook and Forecast 2020 – 2027”. Amid the COVID-19 crisis, The global adhesives and sealants market size is projected to reach USD 44.1 billion by 2027 from an estimated USD 10.4 billion in 2019, at a CAGR of 6.7% from 2020 – 2027.

The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2016 to 2027. This research report evaluates adhesives and sealants market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global adhesives and sealants market for the period from 2016 to 2027. This research study offers historic data for years 2016 to 2019 along with a forecast from 2020 to 2027 based on value.

An adhesive refers to a chemical mixture that is used to join two surfaces together into a single unit, while a sealant refers to a semisolid material used to prevent fluid leakage. Adhesives and sealants are produced using similar technologies and chemicals, and are used in a similar range of applications. Although they are counted as a single industry, their performance is different across end-use applications. Regulatory bodies have set different test methods and specifications for each of them. Adhesives have higher tensile and shear strength that makes the material preferable for bonding and holding-related applications. Besides this, sealants fill gaps as well as resist relative movement of substrates. They have lower strength compared to adhesives, but possess greater flexibility.

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Scope of the Study

This adhesives and sealants market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Report Highlights

• Based on region, the Asia Pacific adhesives market anticipated to register the highest growth over the forthcoming years and also a front-runner in the sealants market in 2019
• Europe considered as a significant market for adhesives because of a hub of large number of automobile manufacturers in the region
• In reference to sealants market, North America examined as the largest region with a revenue share of nearly 23% attributed to the increased spending in the construction sector
• Water-based technology led the adhesives market accounting for nearly 50% of the volume in the year 2019
• Hot melt technology expected to witness a growth rate of approximately 6% over the analysis period because of its excellent properties
• Pressure sensitive applications of adhesives captured prominent value share of nearly 30% in 2019 due to prominent demand for automotive interior trim assembly, pressure sensitive tapes, and many other applications
• The automotive adhesives predicted to register the highest growth over the forecast period owing to technological advancements that helped to reduce the overall weight of vehicles

Growth Factors

Rising trend of lightweight and low CO2 emitting vehicles supported by strict government regulations for environmental protection considered as the key factor that drives the market growth of adhesives and sealants. Automotive is one of the largest end-use industries of adhesives and sealants. Contribution of adhesives & sealants towards weight reduction of vehicles considered as the key factor that improves the fuel efficiency and limit the vehicle emission. Adhesives proved as a boon for OEMs (Original Equipment Manufacturers) in reducing weight of an automobile and meeting with stringent environmental regulations for CO2 emissions.

However, North America and Europe have strict regulations regarding the production of petro-based and chemical products. Agencies such as the European Commission (EC) and Epoxy Resin Committee (ERC) govern the manufacturing of solvent-based products in these regions. This affects the production capabilities of manufacturers and compels them to focus more towards eco-friendly adhesives for example water-based adhesives.

Regional Snapshots

Europe is considered as one of the largest automotive producers across the globe. Supportive government policies aimed to boost the automotive sector by incorporating advanced technologies along with ensuring the safety of passenger as well as environmental protection considered as the key factor that drives the adhesives and sealants market. Some of the policies include “Strategy for automated and connected mobility systems”, “European Battery Alliance”, and “GEAR 2030” predicted to propel regional automotive industry that in turn accelerate the adhesives and sealants market growth.

Besides this, North America emerged as the largest region for sealants market with a value share of around 23%. The growth of the region is mainly attributed to the rising spending in construction sector particularly in the United States. Moreover, easy availability of raw materials in terms of shale gases along with various strategic initiatives adopted by the regional companies that include BASF, 3M, and Avery Denison expected to generate prominent demand over the forecast period.

Related Reports

• High Performance Adhesives Market – The global market was valued at USD 30.5 billion in 2019 and projected to hit over USD 40.5 billion by 2027 with registered a compound annual growth rate (CAGR) of around 6.32% during forecast period 2020 to 2027.
• Aerospace Adhesives and Sealants Market – The global market was valued at US$ 1.01 billion in 2019 and expected to reach US$ 1.55 billion by 2027, with at a compound annual growth rate (CAGR) of 5.5% during the forecast period 2020 to 2027.
• Hot Melt Adhesives Market – The global market was valued at USD 6.53 Billion in 2019 and expected to reach USD 9.95 billion by 2027, with at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2020 to 2027.

Key Players:

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the adhesives and sealants market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the adhesives and sealants market include:

• B. Fuller Company
• 3M Company
• Avery Dennison Corporation
• Dow Chemical Company
• Bostik SA
• BASF AG
• Uniseal Inc
• ND Industries Inc.
• Beardow & Adams Adhesives Inc.
• Ashland Inc.
• Momentive Specialty Chemicals Inc.
• Eastman Chemical Company
• Sika AG

Segments Covered in the Report

• Growth of adhesives and sealants in 2021
• Market Estimates and Forecasts (2016-2027)
• Brand Share and Market Share Analysis
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Recommendation on Key Winning Strategies
• COVID-19 Impact on Demand for adhesives and sealants and How to Navigate
• Key Product Innovations and Regulatory Climate
• adhesives and sealants Consumption Analysis
• adhesives and sealants Production Analysis
• adhesives and sealants and Management

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Adhesives and Sealants Market, By Adhesives Product

7.1. Adhesives and Sealants Market, by Adhesives Product Type, 2020-2027
7.1.1. PVA
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Epoxy
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Acrylic
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Styrenic block
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Polyurethanes
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. EVA
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Others
7.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Adhesives and Sealants Market, By Adhesives Technology

8.1. Adhesives and Sealants Market, by Adhesives Technology, 2020-2027
8.1.1. Solvent based
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Water based
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Hot melt
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Reactive & Other
8.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Adhesives and Sealants Market, By Adhesives Application

9.1. Adhesives and Sealants Market, by Adhesives Application, 2020-2027
9.1.1. Packaging
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Pressure Sensitive Applications
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Furniture
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Construction
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.5. Footwear
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.6. Automotive
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Adhesives and Sealants Market, By Sealants Product

10.1. Adhesives and Sealants Market, by Sealants Product, 2020-2027
10.1.1. Polyurethane [PU]
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Silicone
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Acrylic
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Polyvinyl Acetate [PVA]
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Adhesives and Sealants Market, By Sealants Application

11.1. Adhesives and Sealants Market, by Sealants Product, 2020-2027
11.1.1. Automotive
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Construction
11.1.2.1. Market Revenue and Forecast (2016-2027)
11.1.3. Assembly
11.1.3.1. Market Revenue and Forecast (2016-2027)
11.1.4. Packaging
11.1.4.1. Market Revenue and Forecast (2016-2027)
11.1.5. Consumers
11.1.5.1. Market Revenue and Forecast (2016-2027)
11.1.6. Pressure Sensitive Tapes
11.1.6.1. Market Revenue and Forecast (2016-2027)
11.1.7. Others
11.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 12. Global Adhesives and Sealants Market, Regional Estimates and Trend Forecast

12.1. North America
12.1.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.1.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.1.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.1.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.1.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.1.6. U.S.
12.1.6.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.1.6.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.1.6.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.1.6.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.1.6.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.1.7. Rest of North America
12.1.7.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.1.7.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.1.7.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.1.7.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.1.7.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.2.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.2.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.2.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.2.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.2.6. UK
12.2.6.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.2.6.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.2.6.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.2.6.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.2.6.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.2.7. Germany
12.2.7.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.2.7.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.2.7.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.2.7.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.2.7.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.2.8. France
12.2.8.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.2.8.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.2.8.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.2.8.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.2.8.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.2.9. Rest of Europe
12.2.9.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.2.9.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.2.9.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.2.9.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.2.9.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.3.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.3.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.3.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.3.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.3.6. India
12.3.6.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.3.6.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.3.6.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.3.6.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.3.6.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.3.7. China
12.3.7.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.3.7.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.3.7.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.3.7.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.3.7.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.3.8. Japan
12.3.8.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.3.8.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.3.8.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.3.8.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.3.8.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.3.9. Rest of APAC
12.3.9.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.3.9.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.3.9.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.3.9.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.3.9.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.4.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.4.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.4.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.4.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.4.6. GCC
12.4.6.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.4.6.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.4.6.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.4.6.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.4.6.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.4.7. North Africa
12.4.7.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.4.7.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.4.7.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.4.7.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.4.7.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.4.8. South Africa
12.4.8.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.4.8.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.4.8.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.4.8.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.4.8.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.4.9. Rest of MEA
12.4.9.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.4.9.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.4.9.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.4.9.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.4.9.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.5.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.5.3. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.5.4. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.5.5. Market Revenue and Forecast, by Sealants Application (2016-2027)
12.5.6. Brazil
12.5.6.1. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.5.6.2. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.5.6.3. Market Revenue and Forecast, by Adhesives Application (2016-202
12.5.6.4. Market Revenue and Forecast, by Sealants Application (2016-2027)Rest of LATAM
12.5.6.5. Market Revenue and Forecast, by Adhesives Product (2016-2027)
12.5.6.6. Market Revenue and Forecast, by Adhesives Technology (2016-2027)
12.5.6.7. Market Revenue and Forecast, by Adhesives Application (2016-2027)
12.5.6.8. Market Revenue and Forecast, by Sealants Product (2016-2027)
12.5.6.9. Market Revenue and Forecast, by Sealants Application (2016-2027)

Chapter 13. Company Profiles

13.1. H.B. Fuller Company
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. 3M Company
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Avery Dennison Corporation
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Dow Chemical Company
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Bostik SA
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. BASF AG
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Uniseal Inc
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. ND Industries Inc.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Beardow & Adams Adhesives Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Ashland Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. Momentive Specialty Chemicals Inc.
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
13.12. Eastman Chemical Company
13.12.1. Company Overview
13.12.2. Product Offerings
13.12.3. Financial Performance
13.12.4. Recent Initiatives
13.13. Sika AG
13.13.1. Company Overview
13.13.2. Product Offerings
13.13.3. Financial Performance
13.13.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions

Chapter 15. Appendix

15.1. About Us
15.2. Glossary of Terms

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