The global Adhesives and sealants market is forecast to reach USD 81.2 Billion by the year 2027 at a CAGR of 5.13%, and the market was valued at USD 55.7 Billion in 2019. The similar characteristics of Adhesives and sealants result in them serving similar end-user segments. The adhesive is a chemical mixture which is applied to join two surfaces together, a sealant is a semisolid material, which is used to prevent leakage. They are manufactured with similar technologies and chemicals. Adhesives show high tensile and shear strength, whereas sealants are used to fill gaps and resist the movement of substrates and show relatively low strength compared to adhesives but exhibit greater flexibility. Adhesives are used to bond dissimilar metals, and sealants are used as substitutes of synthetic substrate for traditional material.
COVID-19 pandemic has wreaked havoc on the world and has brought about an economic slowdown. The report covers an impact analysis of the COVID-19 crisis on the overall industry. The report provides an in-depth analysis of the changing dynamics of the market and emerging trends and demands due to the pandemic. It also offers a current and future impact estimation of the COVID-19 pandemic.
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The dominant and slow-growing market segments are also analyzed in the report to provide a complete understanding of each key segment of the market. Emerging market players are also profiled in the report, along with their transition in the market. Strategic alliances such as mergers and acquisitions, product launches, joint ventures, collaborations, partnerships, agreements, and government deals are anticipated to change the market landscape and are included in the report. The report also provides quantitative and qualitative analysis and statistical data for the forecast period.
Key players of the market mentioned in the report are:
3M Company, Arkema, Dow Chemical Company, H.B. Fuller, Henkel, Bostik, RPM International Inc., Sika AG, Ashland Inc., BASF AG, among others.
The research report is formulated by extensive primary and secondary research gathered by the research analysts. The data is further validated and verified by industry experts and have assisted in compiling the parametric estimations of the market for a comprehensive study. The competitive landscape data is provided by SWOT analysis of each market player along with feasibility analysis, investment return analysis, and Porter’s Five Forces analysis.
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For the purpose of this report, Reports and Data have segmented into the global Adhesives and sealants market on the basis of Adhesive Technology, Resin type, end use industry, and Region:
Adhesive Technology Outlook (Revenue, USD Billion ; Volume, Kilo Ton); 2017-2027)
Resin Type Outlook (Revenue, USD Billion ; Volume, Kilo Ton); 2017-2027)
- Polyvinyl Acetate
End Use Industry Outlook (Revenue, USD Billion ; Volume, Kilo Ton); 2017-2027)
- Building and Construction
- Paper, Board, and Packaging
- Woodworking and Joinery
- Footwear and Leather
- Electrical and Electronics
- Other End-user Industries
The research for the Adhesives and Sealants market based on global and regional analysis is an astute process of collecting and organizing the statistical data related to the services and products offered in the Adhesives and Sealants market. The research provides an insight to better understand the needs and wants of the targeted consumer audience. The report also provides an analysis of how efficient the company is to achieve the set targets. The research report is compiled using customer insights, marketing strategies, competitive landscape analysis, and overall growth trends of the market. The Adhesives and Sealants industry is consolidated by several new players entering the market.
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Regional Bifurcation of the Market: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Key offerings of the Global Adhesives and Sealants Market Report:
- A detailed analysis of key segments of the market
- Insights on drivers, trends, investments, opportunities, and challenges for each market segment
- Comprehensive analysis of the key competitors along with their business initiatives, product portfolios, technological advancements, and business strategies
- Strategic recommendations to key stakeholders and new entrants to assist in business expansions and strategic decision making
- In-depth study of market constraints, challenges, threats, and risks that will have an impact on the market in the future
- The report provides insightful information to the business players to help them formulate investment strategies
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