Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Adhesives & Sealants by End-Markets & Region: Insights & Forecast (2024-2028)" report has been added to ResearchAndMarkets.com's offering.
The global adhesives & sealants market is expected to record a value of US$87.67 billion in 2028, growing at a CAGR of 5.22%, for the time period of 2024-2028.
Factors such as expansion of construction industry, rising production of light weight vehicles, increase in home-improvement activities, rising demand for packaging and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by the government regulation over VOC emission and shifting rules and changing standards.
A few notable trends may include growth in electronics industry, surge in medical devices sales, use of 3D vision in adhesive applications, emergence of pressure sensitive tapes and Increasing demand of reactive hot melt adhesives (HMA).
The global adhesives & sealants market is fragmented in nature and comprises small scale and medium scale companies. Several of them are continuously adopting strategies such as acquisitions, collaborations and product launches.
Others are expanding their manufacturing facilities to strengthen their position in the market. Key players in the market are developing a strong regional presence, distribution channels and product offerings to maintain their strategic position in the global adhesives & sealants market.
The fastest growing regional market was Asia Pacific, owing to the rising demand from the building & construction, packaging and automotive industries. While, Europe and North America are also likely to capture significant shares in the global adhesives & sealants market during the forecasted period.
Scope of the report
- The report provides a comprehensive analysis of the global adhesives & sealants market.
- The major regions (Asia Pacific, Europe, North America and ROW) in the adhesives & sealants have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Saint-Gobain, 3M Company, Henkel, Arkema, Sika AG and H.B. Fuller) are also presented in detail.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 79 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value (USD) in 2024 | $71.52 Billion |
| Forecasted Market Value (USD) by 2028 | $87.67 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
Key Topics Covered:
1. Market Overview
1.1 Introduction
1.2 Benefits of Using Sealants and Adhesives in Commercial Business
1.3 Key Differences Between Adhesives and Sealants
1.4 Basic Mechanisms Underlying Adhesives
1.5 Factors Influencing the Selection of the Appropriate Sealant
1.6 Adhesives & Sealants Market Ecosystem
2. Impact of COVID-19
2.1 Impact on Construction Industry
2.2 Impact on Automotive Industry
2.3 Impact on Aerospace and Aviation Industry
3. Global Market Analysis
3.1 Global Adhesives & Sealants Market by Value
3.2 Global Adhesives & Sealants Market Forecast by Value
3.3 Global Adhesives & Sealants Market by End-Markets
3.4 Global Adhesives & Sealants Market by Region
4. Regional Market Analysis
4.1 Asia Pacific
4.2 Europe
4.3 North America
4.4 ROW
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Expansion of Construction Industry
5.1.2 Rising Production of Light Vehicles
5.1.3 Increase in Home Improvement Activities
5.1.4 Rising Demand for Packaging
5.1.5 Rapid Urbanization
5.2 Key Trends & Developments
5.2.1 Growth in Electronic Industry
5.2.2 Surge in Medical Devices Sales
5.2.3 Use of 3D Vision in Adhesive Applications
5.2.4 Emergence of Pressure Sensitive Tapes
5.2.5 Increasing demand of Reactive Hot Melt Adhesives (HMA)
5.3 Challenges
5.3.1 Government Regulations over VOC Emissions
5.3.2 Shifting Rules and Changing Standards
6. Competitive Landscape
6.1 Global Market
6.1.1 Global Adhesives Market Share by Company
7. Company Profiles
- Saint-Gobain
- 3M Company
- Henkel
- Arkema
- Sika AG
- H.B. Fuller
For more information about this report visit https://www.researchandmarkets.com/r/olaisz
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
