1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Adhesive and Sealant Market Trends
  5. > World Adhesive & Sealant Market

World Adhesive & Sealant Market

  • January 2016
  • -
  • Freedonia
  • -
  • 417 pages

Summary

Table of Contents

Study coverage

It presents historical demand data (2004, 2009, 2014) plus forecasts (2019, 2024) by product and market in six world regions and 18 major countries. This study also considers market environment factors, evaluates company market share, details the industry structure, and profiles 40 global competitors.

World demand to rise 4.5% annually through 2019

Global demand for adhesives and sealants is forecast to grow 4.5 percent per annum through 2019 to 20.2 million metric tons, valued at $64 billion. Strong growth in construction activity worldwide will underpin advances, driven by increased urbanization and infrastructure improvements in developing countries, combined with rebounding construction spending in Western Europe and the US. Expanding manufacturing output is expected to boost adhesives and sealants usage in such applications as packaging, tapes and labels, motor vehicles, electronics, and footwear. Increasing adoption of adhesive bonding technologies, designed to replace or augment mechanical fasteners, will provide additional growth opportunities for adhesives suppliers worldwide, as will the availability of improved, high performance products.

China to lead world market, India to grow rapidly

China’s global dominance in several adhesive-intensive industries will bolster the country’s position as the top adhesives and sealants consumer through 2019. Construction spending will remain robust in China, fueling demand for silicone and epoxy sealants, flooring and wallcovering adhesives, among other products. Suppliers of packaging adhesives will benefit from growing urban populations and improving disposable incomes, which will continue to boost demand for packaged consumer goods sold in supermarkets, online, and via other retail outlets.

In India, rapid advances in construction and motor vehicle output will fuel demand. Construction activity, and related adhesives and sealants use, is expected to advance at a strong rate, supported in part by public infrastructure spending. In India’s automotive sector, rising motor vehicle sales are fueling output and capacity expansions by major automakers, boosting sales of epoxies, polyurethanes, and other adhesive and sealant types. Similar trends will also spur demand in the auto industries of Thailand and other emerging economies.

Fuel-efficient vehicles to boost demand in West

Manufacturers of automobiles and aerospace equipment in West European countries are increasingly adopting adhesive bonding technologies to help reduce vehicle weight and meet more stringent fuel efficiency requirements. Growing use of lightweight aluminum components, which are typically bonded using adhesives, is also boosting product use per vehicle. Similar trends are anticipated for the US, where OEMs are using adhesives and sealants to improve vehicle fuel efficiency, create quieter cabins, and lower production costs.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Adhesives & Sealants Market Segmented by Application, Industry and Geography Trends and Forecasts (2017 - 2022)

Global Adhesives & Sealants Market Segmented by Application, Industry and Geography Trends and Forecasts (2017 - 2022)

  • $ 6000
  • Industry report
  • February 2017
  • by Mordor Intelligence LLP

The global adhesives market was valued at USD 40,037.17 million in 2015 and is projected to reach USD 56,954.42 million by 2021, at a CAGR of 6.05%% during the forecast period, 2016 to 2021. The global ...

UV-cured Acrylic Adhesive Tapes Market; End User - Automotive, Building and Construction, Aerospace, and Electricals and Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

UV-cured Acrylic Adhesive Tapes Market; End User - Automotive, Building and Construction, Aerospace, and Electricals and Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global UV-cured Acrylic Adhesive Tapes Market: Overview Acrylic adhesive tapes are formed with an acrylic polymer base that is coated on a backing material or carrier. The adhesive is applied either on ...

Aerospace Interior Adhesive Market by Resin Type, Product Type, Aircraft Type - Global Forecast to 2021

Aerospace Interior Adhesive Market by Resin Type, Product Type, Aircraft Type - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The global aerospace interior adhesives market is projected to grow at a CAGR of 5.35% from 2016 to 2021” The global aerospace interior adhesive market is projected to reach USD 1,101.7 million by ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.