Australia Adhesives & Sealants Market, By Adhesives (By Technology, By Resin Type, By Application), By Sealants (By Resin Type, Application, By End Use Industry), By Waterproofing Adhesives & Sealants (By Resin Type, By End Use Industry), By Region, Competition, Forecast & Opportunities, 2017-2027
Australia adhesives & sealants market is studied as individual markets. Australia adhesive market is anticipated to grow with a CAGR of 5.53% during the forecast period, 2023-2027, to achieve the market value of USD796.53 million by 2027. The Australia sealant market is expected to achieve the market value of USD196.47 million by 2027, growing with a CAGR of 5.11% during the forecast period, 2023-2027. Growth of the Australia adhesive & sealant market is expected to grow on account of their applications in automotives. Advantage of the applications of adhesives and sealants aids in weight reduction of the automotives like automobile & aircrafts along with environmental benefits of the technologically advanced adhesives & sealants is also driving the growth of the Australia adhesives & sealants market in the upcoming five years. Growing advances of reactive technology-based products also supports the market growth. Rising demands for sophisticated designs meanwhile maintaining the cost of the production to support competitive retail pricing, is also supporting the growth of the Australia adhesive & sealants market in the next five years. Technological advancements like water-based, solvent-based, hot melt adhesive technologies, and product advancements in silicone sealants, polysulfide sealants, etc. also facilitate the growth of the Australia adhesive & sealants market in the future five years.
The demands from the end user industries such as packaging sector, furniture industry, construction industry is also aiding the growth of the market. With the increasing demands of the paper & packaging and expanding FMCG sector in the country, the demands for the adhesives & sealants is rapidly growing thereby driving the growth of the market. Furniture manufacturing units are one of the largest end-using sectors. With surging demands for the aesthetic and sophisticated designs of the furniture the Australia adhesive & sealants market is bound to experience growth in the forecast years through 2027.
The Australia adhesive & sealants market is a segmented analysis of Australia adhesive market, Australia sealant market, and Australia waterproofing adhesive and sealant market along with the major market player identification through competition analysis.
Australia adhesive market is segmented by technology, resin type, end use industry, and regional analysis. Based on technology, the market is further segmented into reactive, hot melt, solvent based, and water based. Water-based technology is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of increasing demands in the furniture & construction industry. Higher efficiency and cost reduction are some other factors responsible for the growing demands for water-based adhesive technology thus aiding the growth of the market. By resin type, the market fragmented into polyurethane adhesives, vinyl adhesives, acrylic adhesives, rubber-based adhesives, epoxy adhesives & and others. Based on end use industry the market is bifurcated into furniture, construction, packaging & paper related products, transportation, DIY, and others. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
The Australia sealant market is segmented by resin type, application, end use industry, regional analysis. Based on resin type, the market is further segmented into silicone, polyurethane, polysulfide, silyl modified polymer, and silane terminated polymer. By application, the market is fragmented into glazing, flooring and join application, sanitary and kitchen application, and others. Based on end use industry, the market is bifurcated into building & construction, automotive, packaging, and others. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
The Australia waterproofing adhesives & sealants market is segmented by resin type, end use industry and regional analysis. Based on resin type, the market is fragmented into polyurethane, elastomeric, PVA, epoxy, and silicone. By end use industry, the market is bifurcated into building & construction, footwear, electronic goods, furniture, DIY and craft. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
Major market players like Bostik Australia Pty Ltd., Selleys Australia Pty. Ltd, Sika Australia Pty Ltd, Henkel Australia Pty Ltd, 3M Australia Pty Ltd., DuPont (Australia) Pty Ltd, H.B. Fuller Company Australia Pty Ltd., Mapei Australia Pty Ltd, RLA Polymers Pty Ltd, Akzo Nobel Pty Ltd., Soudal Pty. Ltd. Among others are the industry leaders and drive majority of the market shares.
Years considered for this report:
Historical Years: 2017 - 2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F – 2027F
Objective of the Study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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