Global Adhesives and Sealants Market Report & Industry Forecast 2016-2024

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Global Adhesives & Sealants Market Outlook

Global Adhesives & Sealants Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024

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Report Code :HC 1335

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Global Adhesives & Sealants Market Outlook Global Adhesives & Sealants Share(%), By Region-2016-2024

Global Adhesives & Sealants Market Size USD (Billion). 2016-2024 XX XX

XX% CAGR: (2016-2024)

XX XX

XX

XX

XX

XX

XX

XX

XX

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XX

XX XX

m a S Asia Pacific

XX 2016e 2017e 2018f

Source: Goldstein Research

2019f

2020f

2021f

2022f

2023f

2024f

e l p Europe

Latin America

Middle East and Africa

XX%

Asia Pacific

With share in 2016, dominated the Global Adhesives & Sealants market

Global Adhesives & Sealants Market

Global Adhesives & Sealants Market Global Adhesives & Sealants Market Share (%), By Sealant Type-2016 Share(%), By Adhesive Type-2016

Global Adhesives & Sealants Market Share (%), By Application-2016

14.00% 23.00%

18.00%

38.00%

15.00%

24.00%

18.00% 20.00%

Water-Based Adhesives

Solvent-Based Adhesives

Hot Melt Adhesives

Pressure-Sensitive Adhesives

Source: Goldstein Research

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North America

Source: Goldstein Research

Water Based Adhesives accounted for the highest market share XX% in

In 2016,

7.00 7.00 % % 32.00 % 26.00 2024 % 28.00 %

7.00 7.00 33.0 %%2016 0% 25.0 0% 28.0 0%

XX

Market

30.00% Acrylic Sealant Butyl Sealant

Silicone Sealant Others

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Polyurethane Sealant

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Joinery Operations Others

Construction

Packaging


Global Adhesives & Sealants Market Outlook

Request Sample Report Request Sample Report  The global Adhesives & Sealants market registered an impressive growth in 2016 with all the four regions Americas, Asia-Pacific, Europe, Middle East and Africa demonstrating positive growth. Asia-Pacific stood as the largest Adhesives & Sealants market in 2016.  Opportunities for advancing technology have improved in the last few years with the Increasing needs for lighter materials and bonding dissimilar materials and emerging markets on the back of rising standard of living and urbanization are the strong growth drivers of the market.

e l p

Construction

Hardware

 Globally there are 5 major players in the industry i.e. 3M company, Arkema, Dow Chemical Company, H.B. Fuller and Henkel. Other global and regional players are growing in the industry on the back of increasing opportunities.

m a S

 Construction, packaging, automobile, hardware and ICT, furniture and footwear are some of the major end-use industries for the application of adhesives and sealants.

Automobile

 Rising investments in technologies is witnessed such as elastic bonding, hot-melt PSA, polymer modified binders and others.

 Water based adhesives and polyurethane sealant accounted for largest market share of XX% respectively with total generated by water based adhesives was USD XX billion and polyurethane sealants was USD XX billion in 2016.

Furniture

Packaging

Global Adhesives & Sealants Market Size (USD Billion) North America

Europe

Asia-Pacific

2016

USD XX Billion

USD XX Billion

USD XX Billion

2024

USD XX Billion

USD XX Billion

USD XX Billion

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Global Adhesives & Sealants Market Size (USD Billion) & Growth Analysis Global Adhesives & Sealants Market Size (USD Billion)-2016-2024 XX

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XX

XX

XX

XX XX

XX

XX

XX

XX 2016e

XX

m a S

2017e

Source: Goldstein Research

XX

XX

2018f

2019f

2020f

e l p

2021f

XX

2022f

XX

2023f

XX

2024f

Global Adhesives and Sealants Market

is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. The latest trend gaining momentum in the market is introduction of technology advanced adhesives & sealants services. Players in the adhesives & sealants industry are focusing on providing cost effective and longer life products. Global chemical industry is booming. Over the recent years, many companies have had robust growth and the sector has attracted huge inflow of investments in innovation. There are many adhesives & sealants manufacturer, operating with different business models and participating in various industrial purpose. Chemical exports from regions like China and the Middle East grew at double digit rates, while exports from Europe and United States grew at less than XX% annually. China is expected to continue growing its manufacturing base and adding more value-added chemicals and plastics to its production mix, thus driving the demand for adhesives and sealants.

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Region and Market Players-2016 Global Adhesives & Sealants Market Share (%) , By Companies, 2016

3M Company; XX%

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Illinois Tools Works Inc.; XX%

Dow Chemical Company; XX%

Bostik; XX%

Source: Goldstein Research

e l p

Arkema; XX%

RPM International Inc; XX%

m a S

Henkel; XX%

H.B. Fuller; XX%

Global Adhesives & Sealants Market Share(%), By Region, 2016

North America XX %

Europe XX%

Asia Pacific XX%

Middle East& Africa XX% Latin America XX % Source: Goldstein Research

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Market Dynamics Adhesives & Sealants Market SWOT Analysis

STRENGTHS  Basic need of the consumers.

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 Preferred solution to avoid hustle during installation.  Large and growing furniture industry.

S

m a S O

WEAKNESS  Low penetration and awareness of RTA furniture in the tier-3 cities and rural regions.

W

 High competition from local furniture manufacturers.

e l pT

THREATS  Changing consumer preferences towards the RTA furniture.  Prospective consumers doubt in the durability and quality of the furniture.

OPPORTUNITIES  Rising personal disposable income of the people.  Increasing construction activities across the globe.  Large number of millennial population, which are on the verge of housing and other property ownership.

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Growth Drivers Opportunities By Growth Across Major Industries, By market share-2016

Growing Construction and Automotive Industry 

Factors range from fast-track building construction and the increased use of non-standard size flooring tiles and planks to a reduction in porous floor-covering backings, as well as improperly specified and applied adhesives, improperly trained installers and poor drainage, industry has seen an unprecedented increase in demand for adhesives and sealants.

The automotive industry shows the potential application of bonded joints and certain joining technique since years. Even in civil engineering and especially in steel construction, researchers are continuously establishing the bonding technology as a structural element.

Powerful and flexible bonding solutions are an integral part of manufacturing processes in the automotive industry. Modern bonding technologies ensure an optimal joining of the most diverse materials and facilitate increasingly lightvehicles with higher energy efficiency and therefore reduced emissions.

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m a S

e l p

Construction Industry

Automobiles Industry

Packaging Industry

Paper, Board and Realated Industry

Hardware and ICT Industry

Source: Goldstein Research

Global Adhesives & Sealants Market , By Global Construction Industry (USD Billions)

2050

XX

2025

XX

2000

XX

0

50

100

150

200

250

300

350

Impact Analysis: Growth across the various industries have direct impact on the demand of adhesives and sealants and the technological innovations further drive the market.  In Asia-Pacific, construction industry valued at USD XX billion and construction industry valued at USD XX billion. Over the forecast period (2016-2024) the growth of these two industry will have highest impact share on the adhesives and sealants market.

400

Source: Goldstein Research

High

Medium

Low

Impact on Global Adhesives & Sealants Market Copyright

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Market Restraints Stringent Environmental Regulations

e l p

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 Stringent government regulations related to environment has negatively impacted the growth of adhesives and sealants market. The degrading environment and its hazardous impact on living beings has compelled the economies to take strict actions.

m a S

 Construction industry is estimated to have one of the major share in producing dust, smoke and other harmful chemicals into the environment of XX% in 2016. Therefore in future restricted construction activities can lead to significant impact on the application of adhesives and sealants.  Manufacturing industry also has negative impact on the environment, responsible for XX% share in the environmental pollution. Being the large scale industry it is compelled to follow stricter environmental regulations and thus the technological research and developments are hindered.

Product Life Cycle and Impact on Environment Transport and Distribution

Use and Maintenance Emissions in Air

Raw Materials and Energy

End of Life

Effluents and Wastes

Manufacturing Nuisances and Quality of life

Conception & Design

Impact Analysis: Adhesives and sealants life cycle assessment is necessary in order to comply with the norms and regulations. Thus, the assessment involves use of time and money and disrupting the manufacturing processes and eventually the supply of materials.

Impact on Global Adhesives & Sealants Market High

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Medium

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Low


Global Adhesives & Sealants Market Outlook : 2016-2024 Global Adhesives & Sealants Market Share (%), By Adhesive Type, 2016-2024

Water-Based Adhesives

XX%

2016

XX%

Hot Melt Adhesives

38.00%

2024 24.00%

XX%

20.00%

PressureSensitive Adhesives

Source: Goldstein Research

The global Adhesives and Sealants industry has grown to reached nearly USD XX billion in 2015-16, of the total, and water based adhesives segment revenue accounted for USD XX billion acquiring the largest share of XX% of total adhesive types.

18.00%

Solvent-Based Adhesives

XX%

m a S

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e l p

 water based adhesives is expected to continue dominating the market share over the forecast period due to rise in demand of Adhesives & Sealants in major economic industries.

Global Adhesives & Sealants Market Y-O-Y Growth, By Adhesive A large number of adhesives with Type, 2016-2024 varying carrying and deformation

19.40%

2016e

20.48%

20.15%

2017e

2018f

20.80%

2019f

21.85%

2020f

22.50%

2021f

23.00%

2022f

23.50%

2023f

behavior, as well as different handling properties for the design of bonded structures are available and thus it is inducing the growth of the market.

25.00%

Adhesives are manufactured in accordance with the adaptive to almost all types of surfaces for powerful bonding solutions.

2024f

Source: Goldstein Research

Global Adhesives & Sealants Market Size (USD Billion), By Adhesive Type-2016-2024 XX XX

XX XX

2016 Water-Based Adhesives

2024 Solvent-Based Adhesives

Hot Melt Adhesives

Pressure-Sensitive Adhesives

Source: Goldstein Research

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Global Adhesives & Sealants Market Outlook By Water Based Adhesives: 2016-2024 Global Adhesives & Sealants Market Size (USD Billion), By Water Based Adhesives, 2016-2024 XX XX XX XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

XX

2016e

2017e

m a S

2018f

2019f

2020f

2021f

The Water Based Adhesives segment of Adhesives & Sealants is expected to harness USD XX billion market revenue by 2024 with XX% Y-O-Y growth.

Water based application has high demand from the packaging and construction industry, growing annually at a rate of XX% respectively.

XX

XX

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2022f

2023f

Source: Goldstein Research

e l p

Water based adhesives offer less environmental impact at similar costs and performance compared to solvent-based technologies.

2024f

Global Adhesives & Sealants Market Y-O-Y Growth, By Water Based Water-based adhesives in flexible packaging are an economically Adhesives, 2016-2024

19.40%

20.15%

20.48%

2016e

2017e

2018f

20.80%

2019f

21.85%

22.50%

23.00%

23.50%

2020f

2021f

2022f

2023f

compatible and environmentally friendly alternative to solvent-based technologies. This is the result of a recently completed eco-efficiency analysis and based on previous ecoefficiency analysis for water-based adhesives for flexible packaging in 2009.

25.00%

2024f

Source: Goldstein Research

Global Adhesives & Sealants Market, By Supply Across Industries (USD Billion)-2016 Paper, Board, Others

XX

Furniture

XX

Footwear

XX

Hardware and ICT

XX

Packaging

XX

Manufacturing

XX XX

XX

XX

XX

XX

XX

Source: Goldstein Research

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XX


Global Adhesives & Sealants Market Attractiveness and BPS Analysis by Adhesives Type, 2016-2024 Global Adhesives & Sealants Market Attractiveness-By Adhesives Type, 2016-2024

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XX%

CAGR (%)

XX%

XX%

XX%

XX%

XX%

XX% XX

XX

XX

XX

XX

XX

XX

Market Size (USD Billion) Water Based Adhesives

Hot Melt Adhesives

e l p XX

XX

Solvent Based Adhesives

m a S

Source: Goldstein Research

XX

XX

Pressure-Sensitive Adhesive

Water based adhesive segment holds the largest revenue share in the global Adhesives & Sealants market as this segment constitutes which is impacted by the rising cognizance among the household users and thus it is likely to expand at XX% CAGR during the forecast period. Adhesives & Sealants market is relying on the adoption of EHR (Electronic health record) software by various healthcare facility providers in order to stand ahead in future. Behavioral health EHR creates a world of difference to the staff and patients and goes the extra mile giving advanced capabilities such as it include support for documenting violence risk factors, suicide risk factors, or sadness scales.

Global Adhesives & Sealants Market BPS Analysis- By Adhesives Type, 2016-2024 XX% XX% XX%

XX%

XX%

Pressure-Sensitive Adhesives

XX%

XX%

XX% Hot Melt Adhesives

XX% XX%

20%

XX% XX%

Solvent-Based Adhesives

21%

Water-Based Adhesives

XX%

38%

38%

2016

2024

XX% XX%

Source: Goldstein Research

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Asia Pacific Adhesives & Sealants Market Size (USD Billion) & Y-O-Y growth (%), By Region- 2016-2024 Asia Pacific Adhesives & Sealants Market Size(USD Billion)-2016-2024

Request Sample Report Request Sample Report XX%

XX

XX%

XX XX

CAGR: (2016-2024)

XX XX

XX

XX

XX

XX

XX%

XX

e l p XX% XX%

XX

XX%

XX XX

XX XX 2016e

2017e

Source: Goldstein Research

XX%

XX%

XX%

XX%

XX

XX% XX%

XX%

XX%

m a S 2018f

2019f

Asia Pacific Adhesives & Sealants Market Size (USD Billions), By Country-2016-2024

2020f

2021f

XX%

XX

XX%

XX%

XX%

XX% XX% XX% XX%

2022f

2023f

Asia Pacific Adhesives & Sealants Market Size (USD Billion), By Adhesives Type-2016-2024

XX

XX

XX%

XX%

XX

XX

XX

XX XX

XX

XX%

XX

XX

XX

XX% XX% XX% 2016

China

India

2024

Australia

Japan

Source: Goldstein Research

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2016 South Korea

2024

Water-Based Adhesives

Solvent-Based Adhesives

Hot Melt Adhesives

Pressure-Sensitive Adhesives

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China Adhesives & Sealants Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024

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China Adhesives & Sealants Market Size (USD Billion), Compound Annual Growth Rate (%), YO-Y Growth Rate (%), 2016-2024

XX%

XX XX XX XX XX

XX%

XX

CAGR: (2016-2024) XX

XX

XX

XX

XX

XX XX XX

XX%

XX XX XX 2016e

XX%

XX

XX%

XX%

XX%

m a S 2017e

2018f

2019f

Source: Goldstein Research

Key Insights

e l p XX%

XX%

XX%

2020f

2021f

2022f

XX% XX% XX% XX%

XX%

XX% XX% XX% XX% XX%

2023f

China Adhesives and Sealants Turnover, By Business, 2016-2024 XX

China adhesives & sealants market accounted for USD XX billion in 2016 which tends to increase at a CAGR of XX% over the forecast years and reach the valuation of USD XX billion by 2024.

XX

The growing demand for energy efficiency, particularly in the construction and transport sectors, offers strong potential. In order to meet this demand, research and development is committed to developing products using the latest technologies. Companies are also strengthening its capacity to provide tailor-made bonding solutions, to deliver outstanding customer service.

XX

Industry

Construction

Consumer

Source: Goldstein Research

China adhesives and sealants turnover is close to USD XX billion and sales operations in XX regions. It has a presence in more than XX regions with XX production sites, XX number of research and development sites and XX technical centers spread over the country. Copyright

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Asia Pacific Adhesives & Sealants Market Attractiveness-By Country, 2016-2024 Asia Pacific Adhesives & Sealants Market Attractiveness-By Country, 2016-2024 XX% XX%

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CAGR (%)

XX% XX% XX% XX% XX% XX

XX

XX

e l p m XX

XX

XX

XX

XX

XX

XX

Market Size (USD Billion)

Japan

China Source: Goldstein Research

Australia

India

South Korea

According to the above graph, China Adhesives & Sealants market is anticipated to be the most attractive market across all the countries in Adhesives & Sealants market, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024

a S

Asia Pacific Adhesives & Sealants market is still at nascent stage due to lack of investments and technological resources in this field. But as per Mental Health Commission of Canada, 2012 strategies

Asia Pacific Adhesives & Sealants Market BPS Analysis- By Country, 2016-2024 XX%

XX%

XX%

XX% South Korea

XX%

Japan XX%

XX%

XX% XX%

XX%

XX%

Australia

India

XX%

XX% 19%

XX%

China

20%

XX% XX%

22%

23%

2016

2024

XX%

Source: Goldstein Research

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Global Adhesives & Sealants Market Outlook

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