Market Forecast by formulating technology (water-based, solvent-based, hot melt, reactive and others), by Application (automotive and transportation, paper and packaging, leather and footwear, medical devices and others) and by Regions (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) and Competitive Landscape
Product Code: ETC037271 | Publication Date: Dec 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
The global Adhesives and Sealants market is anticipated to ramp up in the coming timeframe underpinned by the substantial success of the industrial players. A rise in the use of sealants and adhesives makes the process of binding and production of automobile parts easy and gives less fatigue to the maker and as a result, is becoming an ideal choice as an industrial product and is anticipated to be of great use for the automobile industry and is expected to gain groundbreaking popularity in the forthcoming years and assist sound market growth of the global adhesives and sealants market in the coming time zone. To enhance the longevity and bond of the mechanical equipment, the use of adhesives and sealants is rising and is anticipated to pose great industrial scope for product growth in the forthcoming years.
The maximum profit reaping benefit segments of the market are projected to be in the consumer staples especially in baby products, toys, and baby essentials, and secondly, in the electronics industry whereby, the use of adhesives and sealants is high in computers and the manufacture of its parts and henceforth, is anticipated to pose a great benefit to the potential industrialists and to-be-investors of the market to seek a fortunate business growth in the coming future. Additionally, a rise in the growth of the modern household infrastructure is also expected to pose bountiful opportunities for the growth of the global adhesives and sealants market in the coming time zone. Backed by an increase in the deployment of advanced and modern kitchen and tiles underpinned by an increase in the modern infrastructure development is expected to be of great role in the growth of the global adhesives and sealants market in the near future.
According to 6Wresearch, the Global Adhesives and Sealants Market size is anticipated to register growth during 2020-26. With the leading outbreak of the global COVID-19 pandemic, the industrial players have been facing challenges with regard to the alignment of supply and demand factors in the economy underpinned by the panini out of the income effect with the construction and manufacturing players and as a result, this has led to a major downfall in the demand for adhesives and sealants. No doubt, that the rise in modern infrastructure development has been proven evident in bringing about a revolution in the demand for products such as adhesives and sealants which initially use to record a low demand score, but due to the imposition of the nationwide lockdown in the developed and developing countries across the world in order to win the bid to combat the spread of the novel coronavirus, there has been a lot of challenges faced by the industry with regard to reduced production and reduction in the product line ups. But, as the situation tends to strike pace again, the increase in the demand for electric vehicles is anticipated to be witnessed again and the market landscape is expected to gain traction back in the coming timeframe and again the growth prospects of the global Adhesives and Sealants market are expected to be preserved. However, the industry has not only faced a downfall but categorically, neutral and sound growth prospects have also been witnessed with respect to the product demand. A synopsis of the various growth segments of the market has been discussed below:
Winners |
Neutrals |
Losers |
DIY residential construction |
Commercial Construction |
Transportation OEM |
Professional multi-family residential construction |
Road Construction Projects and Repair |
Professional residential construction |
Packaging |
Infrastructure Projects |
Durable goods manufacturing |
Medical Devices and Equipment |
|
Oil and Gas |
Safety, health, and wellness products |
|
Marine and Leisure Craft |
|
|
Auto repair and refinishing |
Growth of the Automotive and Construction Industry is expected to pose sound growth prospects for the Global Adhesives and Sealants Market in the forthcoming years.The global Adhesives and Sealants Market is expected to register significant revenue growth in the coming timeframe as a result of an increase in the adoption of vehicles. Backed by a substantial rise in the production and manufacture of vehicles, the automobile industry is witnessing a bulk demand for the same and as a result, this is leading to an increase in the potential growth in the demand for adhesives and sealants. Additionally, the compatibility and low fatigue working feature offered by the adhesives and sealants has made it an ideal industrial product and is anticipated to be of great growth scope for the global adhesives and sealants market in the coming time zone. Specifically, the unprecedented growth of electric vehicles is expected to of great importance for the growth of the adhesives and sealants and is expected to pose a great market value to the product since, in order to assist vehicle modularity and durability of the vehicle, the demand for the product in the electrocoating automobile industry and is expected to widen the scope of investment and sound growth prospects for the global adhesives and sealants industry players and offer bountiful opportunities for fortunate business growth.
Figure: Top countries in the electric mobility race
The Global Adhesives and Sealants market report thoroughly covers the market by Type, Applications, and key regions including the Asia Pacific, Latin America, Middle East, Europe, North America, and Africa. The Global Adhesives and Sealants market outlook report provides an unbiased and detailed analysis of the ongoing Global Adhesives and Sealants market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global adhesives and sealants market is projected to find its true potential underpinned by the increase in spending on house innovation. As the rising middle-class population along with the increased disposable income a leading to spend high on house renovation prices where adhesives play a crucial role in adhesion ceramic tiles, carpet laying, and floor fixing, as a result, is estimated to bring in a lucrative opportunity for the industrialist and the to be investors and is estimated to act as a catalyst for the growth of the global adhesives and sealants market in the years ahead.
The global adhesives and sealants market is projected to find its true potential underpinned by the increase in spending on house innovation. As the rising middle-class population along with the increased disposable income a leading to spend high on house renovation prices where adhesives play a crucial role in adhesion ceramic tiles, carpet laying, and floor fixing, as a result, is estimated to bring in a lucrative opportunity for the industrialist and the to be investors and is estimated to act as a catalyst for the growth of the global adhesives and sealants market in the years ahead.
Markets Covered
The Global Adhesives and Sealants market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Adhesives and Sealants Market Overview |
3.1. Global Adhesives and Sealants Market Revenues, 2016-2026F |
3.2. Global Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
3.3. Global Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
3.5. Global Adhesives and Sealants Market Revenue Share, By Regions, 2019 & 2026F |
3.6. Global Adhesives and Sealants Market Industry Life Cycle |
3.7. Global Adhesives and Sealants Market- Porter’s Five Forces |
4. Global Adhesives and Sealants Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Adhesives and Sealants Market Trends |
6. Global Adhesives and Sealants Market Overview, By Formulating technology |
6.1. Global Adhesives and Sealants Market Revenues, By Water-based, 2016-2026F |
6.2. Global Adhesives and Sealants Market Revenues, By Solvent-based, 2016-2026F |
6.3. Global Adhesives and Sealants Market Revenues, By Hot Melt, 2016-2026F |
6.4. Global Adhesives and Sealants Market Revenues, By Reactive, 2016-2026F |
6.5. Global Adhesives and Sealants Market Revenues, By Others, 2016-2026F |
7. Global Adhesives and Sealants Market Overview, By Applications |
7.1. Global Adhesives and Sealants Market Revenues, By Automotive and Transportation, 2016-2026F |
7.2. Global Adhesives and Sealants Market Revenues, By Medical Devices, 2016-2026F |
7.3. Global Adhesives and Sealants Market Revenues, By Leather and Footwear, 2016-2026F |
7.4. Global Adhesives and Sealants Market Revenues, By Paper and Packaging, 2016-2026F |
7.5. Global Adhesives and Sealants Market Revenues, By Others, 2016-2026F |
8. Asia Pacific Adhesives and Sealants Market Overview |
8.1. Asia Pacific Adhesives and Sealants Market Revenues, 2016-2026F |
8.2. Asia Pacific Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
8.3. Asia Pacific Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
8.4. Asia Pacific Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
9. North America Adhesives and Sealants Market Overview |
9.1. North America Adhesives and Sealants Market Revenues, 2016-2026F |
9.2. North America Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
9.3. North America Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
9.4. North America Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
10. Latin America Adhesives and Sealants Market Overview |
10.1. Latin America Adhesives and Sealants Market Revenues, 2016-2026F |
10.2. Latin America Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
10.3. Latin America Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
10.4. Latin America Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
11. Europe Adhesives and Sealants Market Overview |
11.1. Europe Adhesives and Sealants Market Revenues, 2016-2026F |
11.2. Europe Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
11.3. Europe Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
11.4. Europe Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
12. Middle East Adhesives and Sealants Market Overview |
12.1. Middle East Adhesives and Sealants Market Revenues, 2016-2026F |
12.2. Middle East Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
12.3. Middle East Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
12.4. Middle East Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
13. Africa Adhesives and Sealants Market Overview |
13.1. Africa Adhesives and Sealants Market Revenues, 2016-2026F |
13.2. Africa Adhesives and Sealants Market Revenue Share, By Formulating technology, 2019 & 2026F |
13.3. Africa Adhesives and Sealants Market Revenue Share, By Applications, 2019 & 2026F |
13.4. Africa Adhesives and Sealants Market Revenue Share, By Countries, 2019 & 2026F |
14. Global Adhesives and Sealants Market Competitive Landscape |
14.1. Global Adhesives and Sealants Market, By Companies, 2019 |
14.2. Asia Pacific Adhesives and Sealants Market, By Companies, 2019 |
14.3. North America Adhesives and Sealants Market, By Companies, 2019 |
14.4. Latin America Adhesives and Sealants Market, By Companies, 2019 |
14.5. Europe Adhesives and Sealants Market, By Companies, 2019 |
14.7. Middle East Adhesives and Sealants Market, By Companies, 2019 |
14.8. Africa Adhesives and Sealants Market, By Companies, 2019 |
15. Company Profiles |
16. Key Strategic Recommendations |