Adhesives And Sealants Market 2024-2028
The adhesives and sealants market is forecasted to grow by USD 16.5 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the adhesives and sealants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from construction and food packaging applications, growing demand from developing countries, and shift in preference for hot-melt adhesives.
Technavio's adhesives and sealants market is segmented as below:
- By Technology
- Water based
- Solvent based
- Hot melt
- Others
- By End-user
- Building and construction
- Paper and packaging
- Transportation
- Leather and footwear
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing use of adhesives in medical devices as one of the prime reasons driving the adhesives and sealants market growth during the next few years. Also, increased adoption of adhesive and sealants in the transportation sector and rising popularity of bio-adhesives will lead to sizable demand in the market.
The report on the adhesives and sealants market covers the following areas:
- Adhesives and sealants market sizing
- Adhesives and sealants market forecast
- Adhesives and sealants market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading adhesives and sealants market vendors that include 3M Co., AdCo UK Ltd., Arkema Group., Avantor Inc., Avery Dennison Corp., BASF SE, Beardow and Adams Adhesives Ltd., DELO Industrie Klebstoffe GmbH and Co. KGaA, Dow Chemical Co., Dymax Corp., Eastman Chemical Co., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman International LLC, Indumarsan, LG Chem Ltd., ND Industries Inc., RPM International Inc., Sika AG, and Ter Group. Also, the adhesives and sealants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.