Adhesives & Sealants Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis Research Report by 2027
adhesives & sealants Industry is expected USD 84.74 Billion in 2027 from USD 59.19 Billionin 2019, registering a CAGR of 4.5%through the forecast period.
Top Leading market participants include: Pidilite Industries, Henkel AG, H. B. Fuller, DowDuPont Inc., Illinois Tool Works Inc., 3M Company, Avery Dennison Corporation, Huntsman Corporation, Sika AG, Arkema, and Wacker Chemie AG.
adhesives & sealants market growth is majorly supported by the emergence of technologically enhanced adhesives & sealants, increasing initiatives to curb the use of fossil fuels for environmental concerns and surging demand for bio-based adhesives. Adhesives and sealants are ideally used across the buildings & construction, automotive & transportation, and packaging industries for their superior bonding strength, robust chemical and heat resistance, and relatively lower VOC content.
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Key Highlights from Report
In October 2020, Pidilite Industries, the globally recognized adhesives manufacturer, acquired a 100% stake in Huntsman Advanced Materials Solutions (HAMSPL), the Indian subsidiary of the U.S.-based Huntsman Group, for INR 2,100 crore. HAMSPL is a leading producer of high-performance adhesives and sealants under renowned brands like Araldite, Araseal, and Araldite Karpenter.
For the purpose of this study, Emergen Research has segmented the global adhesives & sealants market in terms of formulating technology, resin type, application, industryvertical, and region:
By Region (Revenue, USD Billion; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of the Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of the Middle East & Africa
We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global adhesives & sealants market. This helps us to comprehensively analyze the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.