1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 ADHESIVES & SEALANTS: MARKET SEGMENTATION 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 UNIT CONSIDERED 17
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24

3 COVID-19 ASSESSMENT 25
3.1 COVID-19 HEALTH ASSESSMENT 25
3.2 COVID-19 ECONOMIC ASSESSMENT 27
3.2.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 28
3.3 COVID-19 INDUSTRY ASSESSMENT 30

4 EXECUTIVE SUMMARY 32

5 COVID-19 IMPACT ON ADHESIVES & SEALANTS ECOSYSTEM 34
5.1 VALUE CHAIN OF ADHESIVES & SEALANTS INDUSTRY 34
5.2 IMPACT ON VALUE CHAIN 35
5.2.1 RAW MATERIAL SUPPLIERS 35
5.2.2 ADHESIVES & SEALANTS MANUFACTURERS 35
5.2.3 ADHESIVE EQUIPMENT MANUFACTURERS/SUPPLIERS 35
5.2.4 END-PRODUCT MANUFACTURERS 36
5.3 MACROECONOMIC INDICATORS 37
5.4 MARKET DYNAMICS 38
5.4.1 DRIVERS 38
5.4.1.1 Increasing demand for medical supplies & equipment 38
5.4.1.2 Growing awareness & concern about health & personal hygiene 38
5.4.1.3 Increase in packaging demand for healthcare and FMCG products 38
5.4.1.4 Rising e-commerce sales 39
5.4.2 RESTRAINTS 39
5.4.2.1 Shutdown of manufacturing facilities 39
5.4.2.2 Shortage of raw materials 39

6 CUSTOMER ANALYSIS 40
6.1 SHIFT IN BUILDING & CONSTRUCTION INDUSTRY 40
6.1.1 INTRODUCTION 40
6.1.2 DISRUPTION IN BUILDING & CONSTRUCTION INDUSTRY 40
6.1.2.1 Disruption in the building & construction industry to affect
the adhesives & sealants market 40
6.1.3 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 41
6.1.3.1 Impact on customers’ revenues 41
6.1.3.2 Most affected regions 41
6.1.3.2.1 North America 41
6.1.3.2.2 Europe 42
6.1.3.2.3 APAC 43
6.1.3.3 MnM view on growth outlook and opportunities 43
6.2 SHIFT IN PACKAGING INDUSTRY 44
6.2.1 INTRODUCTION 44
6.2.2 DISRUPTION IN PACKAGING INDUSTRY 45
6.2.2.1 Disruption in the protective packaging industry to affect the packaging adhesives &sealants market 45
6.2.3 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 45
6.2.3.1 Impact on customers’ revenues 45
6.2.3.1.1 Amcor 45
6.2.3.1.2 International Paper 45
6.2.3.1.3 Tetra Pak 45
6.2.3.1.4 Macfarlane Group PLC 45
6.2.3.2 Short-term strategies to manage cost structure and supply chains 46
6.3 SHIFT IN AUTOMOTIVE INDUSTRY 46
6.3.1 INTRODUCTION 46
6.3.2 DISRUPTION IN AUTOMOTIVE INDUSTRY 46
6.3.3 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 47
6.3.3.1 Impact on customers’ revenues 47
6.3.3.2 Most affected regions/countries 48
6.3.3.2.1 China 48
6.3.3.2.2 Europe 48
6.3.3.2.3 US 48
6.3.3.3 Short-term strategies to manage cost structure and supply chains 48
6.4 SHIFT IN MEDICAL INDUSTRY 49
6.4.1 INTRODUCTION 49
6.4.2 DISRUPTION IN MEDICAL INDUSTRY 49
6.4.3 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/IMPROVE PRODUCTION 49
6.4.3.1 Impact on customers’ revenues 49
6.4.3.2 Most affected regions 49
6.4.3.3 Short-term strategies to manage cost structure and supply chains 50
6.4.3.4 MnM viewpoint on growth outlook and new market opportunities 50
6.5 SHIFT IN AEROSPACE INDUSTRY 50
6.5.1 INTRODUCTION 50
6.5.2 DISRUPTION IN AEROSPACE INDUSTRY 50
6.5.3 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO RESUME/
IMPROVE PRODUCTION 52
6.5.3.1 Impact on customers’ revenues 52
6.5.3.2 Most affected regions 54
6.5.3.2.1 Impact on passenger airlines, by region 54
6.5.3.2.2 Impact on cargo airlines, by region 55
6.5.3.2.3 Some of the economic impacts at the national level 55
6.5.3.3 Short-term strategies to manage cost structure and supply chains 58
6.5.3.4 MnM viewpoint on growth outlook and new market opportunities 58

7 IMPACT OF COVID-19 ON ADHESIVES & SEALANTS COMPANIES 59
7.1 BIGGEST GAINERS, BY TOP APPLICATIONS 59
7.1.1 MEDICAL DEVICES & HYGIENE 59
7.1.1.1 Respiratory Support Devices 59
7.1.1.2 Implantable Devices 59
7.1.1.3 Injectable Devices 59
7.1.1.4 Medical Adhesive Tapes 59
7.1.1.5 Masks 60
7.1.2 PAPER & PACKAGING 60
7.2 BIGGEST LOSERS, BY TOP APPLICATIONS 60
7.2.1 AUTOMOTIVE & TRANSPORTATION 60
7.2.2 ELECTRICAL & ELECTRONICS 61
7.3 BIGGEST GAINERS, BY TOP MATERIALS 61
7.3.1 EMULSION 61
7.3.2 SILICONES 62
7.4 BIGGEST LOSERS, BY TOP MATERIALS 62
7.4.1 EPOXY 62
7.4.2 PLASTISOL 62
7.5 COVID-19 IMPACT ON TOP COMPANIES 63
7.5.1 3M COMPANY 63
7.5.1.1 COVID-19-related developments/strategies 63
7.5.2 ETHICON (J&J) 63
7.5.2.1 COVID-19-related developments/strategies 63
7.5.3 HENKEL 64
7.5.3.1 COVID-19-related developments/strategies 64
7.5.4 ARKEMA 64
7.5.4.1 COVID-19-related developments/strategies 64

8 IMPACT OF COVID-19 ON SHORT-TERM STRATEGIES OF ADHESIVES
& SEALANTS COMPANIES 65
8.1 IMPACT ON COMPANIES’ PORTFOLIO 65
8.1.1 PRODUCT 65
8.1.2 APPLICATION 66
8.1.3 REGION 66
8.2 WINNING STRATEGIES TO GAIN MARKET SHARE 67
8.2.1 SHORT-TERM STRATEGIES (TILL DEC 2020) 67
8.2.2 MID-TERM STRATEGIES (2021-2022) 68
8.2.3 LONG-TERM STRATEGIES (2022 ONWARDS) 68

9 IMPACT OF COVID-19 ON ADHESIVES& SEALANTS MARKET 70
9.1 BY TYPE 70
9.1.1 EMULSION ADHESIVES & SEALANTS 70
9.1.2 POLYURETHANE ADHESIVES & SEALANTS 71
9.1.3 EPOXY ADHESIVES & SEALANTS 72
9.1.4 ETHYLENE VINYL ACETATE (EVA) ADHESIVES & SEALANTS 73
9.1.5 SILICONE ADHESIVES & SEALANTS 73
9.1.6 PLASTISOL ADHESIVES & SEALANTS 74
9.1.7 OTHER ADHESIVES & SEALANTS 75
9.2 BY APPLICATION 76
9.2.1 PAPER & PACKAGING 76
9.2.2 BUILDING & CONSTRUCTION 77
9.2.3 WOODWORKING 78
9.2.4 AUTOMOTIVE & TRANSPORTATION 79
9.2.5 MEDICAL & HYGIENE 80
9.2.6 CONSUMER & DIY 81
9.2.7 LEATHER & FOOTWEAR 82
9.2.8 SEALANTS, ASSEMBLY, AND OTHERS 83
9.2.8.1 Sealants 83
9.2.8.2 Assembly 83
9.2.8.3 Others 84
9.3 BY GEOGRAPHY 85
9.3.1 APAC 85
9.3.1.1 China 86
9.3.1.2 Rest of APAC 87
9.3.2 EUROPE 88
9.3.2.1 Germany 89
9.3.2.2 France 91
9.3.2.3 Italy 92
9.3.2.4 UK 93
9.3.2.5 Rest of Europe 94
9.3.3 NORTH AMERICA 95
9.3.3.1 US 96
9.3.3.2 Rest of North America 97
9.3.4 REST OF THE WORLD (ROW) 98

10 APPENDIX 99
10.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 99
10.2 AVAILABLE CUSTOMIZATIONS 101
10.3 RELATED REPORTS 101
10.4 AUTHOR DETAILS 102

LIST OF TABLES
TABLE 1 ADHESIVES & SEALANTS MARKET SNAPSHOT, 2019 VS. 2021 33
TABLE 2 CONSTRUCTION COMPANIES: ANNOUNCEMENTS AND STRATEGIES TO RESUME/IMPROVE THEIR PRODUCTION 41
TABLE 3 CUSTOMERS’ SHORT-TERM STRATEGIES IN PACKAGING INDUSTRY 46
TABLE 4 AUTOMOTIVE COMPANIES’ ANNOUNCEMENTS 47
TABLE 5 PASSENGER REVENUE LOSS, 2020 VS 2019 51
TABLE 6 INTERNATIONAL PASSENGER MARKET, FEBRUARY 2020 VS FEBRUARY 2019 51
TABLE 7 COVID-19 MRO GLOBAL IMPACT 52
TABLE 8 GROWTH INDICATORS OF AEROSPACE INDUSTRY, BY REGION, 2015–2033 52
TABLE 9 AIRCRAFT COMPANIES’ ANNOUNCEMENTS 53
TABLE 10 JOBS IN AVIATION AND RELATED SECTORS 54
TABLE 11 IMPACT ON EUROPEAN COUNTRIES 56
TABLE 12 IMPACT ON APAC COUNTRIES 57
TABLE 13 GLOBAL FLEXIBLE PACKAGING PRODUCTION (VOLUME), BY REGION 60
TABLE 14 EMULSION ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 70
TABLE 15 EMULSION ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 70
TABLE 16 POLYURETHANE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 71
TABLE 17 POLYURETHANE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 71
TABLE 18 EPOXY ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 72
TABLE 19 EPOXY ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 72
TABLE 20 EVA ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 73
TABLE 21 EVA ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 73
TABLE 22 SILICONE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 74
TABLE 23 SILICONE ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 74
TABLE 24 PLASTISOL ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 74
TABLE 25 PLASTISOL ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 75
TABLE 26 OTHER ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 75
TABLE 27 OTHER ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 75
TABLE 28 ADHESIVES & SEALANTS MARKET SIZE IN PAPER & PACKAGING APPLICATION, BY REGION, 2018–2021 (USD MILLION) 76
TABLE 29 ADHESIVES & SEALANTS MARKET SIZE IN PAPER & PACKAGING APPLICATION, BY REGION, 2018–2021 (KILOTON) 77
TABLE 30 ADHESIVES & SEALANTS MARKET SIZE IN BUILDING & CONSTRUCTION APPLICATION, BY REGION, 2018–2021 (USD MILLION) 77
TABLE 31 ADHESIVES & SEALANTS MARKET SIZE IN BUILDING & CONSTRUCTION APPLICATION, BY REGION, 2018–2021 (KILOTON) 78
TABLE 32 ADHESIVES & SEALANTS MARKET SIZE IN WOODWORKING APPLICATION, BY REGION, 2018–2021 (USD MILLION) 78
TABLE 33 ADHESIVES & SEALANTS MARKET SIZE IN WOODWORKING APPLICATION, BY REGION, 2018–2021 (KILOTON) 79
TABLE 34 ADHESIVES & SEALANTS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION APPLICATION, BY REGION, 2018–2021 (USD MILLION) 79
TABLE 35 ADHESIVES & SEALANTS MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION APPLICATION, BY REGION, 2018–2021 (KILOTON) 80
TABLE 36 ADHESIVES & SEALANTS MARKET SIZE IN MEDICAL & HYGIENE APPLICATION, BY REGION, 2018–2021 (USD MILLION) 80
TABLE 37 ADHESIVES & SEALANTS MARKET SIZE IN MEDICAL & HYGIENE APPLICATION, BY REGION, 2018–2021 (KILOTON) 81
TABLE 38 ADHESIVES & SEALANTS MARKET SIZE IN CONSUMER & DIY APPLICATION, BY REGION, 2018–2021 (USD MILLION) 81
TABLE 39 ADHESIVES & SEALANTS MARKET SIZE IN CONSUMER & DIY APPLICATION, BY REGION, 2018–2021 (KILOTON) 82
TABLE 40 ADHESIVES & SEALANTS MARKET SIZE IN LEATHER & FOOTWEAR APPLICATION, BY REGION, 2018–2021 (USD MILLION) 82
TABLE 41 ADHESIVES & SEALANTS MARKET SIZE IN LEATHER & FOOTWEAR APPLICATION, BY REGION, 2018–2021 (KILOTON) 82
TABLE 42 ADHESIVES & SEALANTS MARKET SIZE IN SEALANTS, ASSEMBLY & OTHER APPLICATIONS, BY REGION, 2018–2021 (USD MILLION) 84
TABLE 43 ADHESIVES & SEALANTS MARKET SIZE IN SEALANTS, ASSEMBLY & OTHER APPLICATIONS, BY REGION, 2018–2021 (KILOTON) 84
TABLE 44 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION) 85
TABLE 45 ADHESIVES & SEALANTS MARKET SIZE, BY REGION, 2018–2021 (KILOTON) 85
TABLE 46 APAC: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 85
TABLE 47 APAC: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON) 86
TABLE 48 CHINA: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 86
TABLE 49 CHINA: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 86
TABLE 50 REST OF APAC: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 87
TABLE 51 REST OF APAC: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 88
TABLE 52 EUROPE: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 88
TABLE 53 EUROPE: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON) 89
TABLE 54 GERMANY: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 89
TABLE 55 GERMANY: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 90
TABLE 56 FRANCE: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 91
TABLE 57 FRANCE: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 91
TABLE 58 ITALY: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 92
TABLE 59 ITALY: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 92
TABLE 60 UK: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 93
TABLE 61 UK: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 93
TABLE 62 REST OF EUROPE: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 94
TABLE 63 REST OF EUROPE: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 94
TABLE 64 NORTH AMERICA: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 65 NORTH AMERICA: ADHESIVES & SEALANTS MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON) 95
TABLE 66 US: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 96
TABLE 67 US: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 96
TABLE 68 REST OF NORTH AMERICA: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 97
TABLE 69 REST OF NORTH AMERICA: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 97
TABLE 70 ROW: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 98
TABLE 71 ROW: ADHESIVES & SEALANTS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON) 98

LIST OF FIGURES
FIGURE 1 ADHESIVES & SEALANTS MARKET: RESEARCH DESIGN 18
FIGURE 2 ADHESIVES & SEALANTS MARKET SIZE ESTIMATION 21
FIGURE 3 ADHESIVES & SEALANTS MARKET, BY REGION 21
FIGURE 4 ADHESIVES & SEALANTS MARKET, BY APPLICATION 22
FIGURE 5 ADHESIVES & SEALANTS MARKET: BOTTOM-UP APPROACH 22
FIGURE 6 ADHESIVES & SEALANTS MARKET: TOP-DOWN APPROACH 23
FIGURE 7 ADHESIVES & SEALANTS MARKET: DATA TRIANGULATION 24
FIGURE 8 COVID-19: THE GLOBAL PROPAGATION 25
FIGURE 9 COVID-19 PROPAGATION: SELECT COUNTRIES 26
FIGURE 10 COUNTRIES BEGIN WITH SIMILAR TRAJECTORIES, BUT CURVES DEVIATE BASED ON MEASURES TAKEN 26
FIGURE 11 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 27
FIGURE 12 CRITERIA IMPACTING THE GLOBAL ECONOMY 28
FIGURE 13 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 29
FIGURE 14 ADHESIVES & SEALANTS MARKET: IMPACT OF COVID-19 ON APPLICATION SEGMENTS 31
FIGURE 15 VALUE CHAIN OF ADHESIVES & SEALANTS INDUSTRY 34
FIGURE 16 DRIVERS AND RESTRAINTS IN THE ADHESIVES & SEALANTS MARKET 38
FIGURE 17 IMPACT OF COVID-19 ON ADHESIVES & SEALANTS COMPANIES’ PORTFOLIO 65
FIGURE 18 SEALANTS MARKET, BY END-USE APPLICATION (2019) 83