Adhesives and Sealants Market Overview
The adhesives and sealants market is projected to register a CAGR of over 4.5% during the forecast period (2021-2026). The packaging segment dominated the adhesives and sealants market, and it is likely to grow during the forecast period, owing to the robust growth in demand for packaging materials from the food and beverage and e-retail companies. The paper, board, and packaging segment are the largest consumer of the adhesives and sealants market. The packaging industry has been witnessing strong demand from end-user industries, such as food and beverages, cosmetics, consumer goods, stationery, and other end-user industries. The report also covers the market size and forecasts for the adhesives and sealants market in 17 countries across major regions.
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Adhesives and Sealants Market – Geographical Overview
Asia Pacific region to dominate the adhesives and sealants market
Asia-Pacific is expected to witness the strongest growth in the demand for packaging materials due to the robust economic performance of the developing countries, promising robust market demand, and the growing population, which is adding new demand to the market. The flexible packaging market in the Asia-Pacific region is expected to reach USD 131 billion by 2023 at an estimated CAGR of over 4.5% during the period 2018-2023. The Asia-Pacific region dominated the global market share of more than 40%. The increasing demand from industries, such as packaging, construction, and electronics in the countries such as China, India, and Japan are boosting the demand.
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Key Highlights of the Adhesives and Sealants Market
- The adhesives and sealants market is fragmented with the top five players accounting for almost 36% of the market. Some of the major players in the market include Henkel AG & Co. KGaA, 3M, H.B. Fuller Company, Arkema Group (Bostik SA), and Sika AG, among others.
- Matured markets like Europe and North America are also expected to witness noticeable growth in their packaging industry due to the influence of online retail business trends.
- The rising demand for bio-based adhesives is likely to provide huge opportunities for the market during the forecast period.
Related reports and links
- Engineering Adhesives Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
- Specialty Chemicals Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)
List of Key Players in the Adhesives and Sealants Market
- 3M
- AdCo (UK) Ltd
- Arkema Group (Bostik SA)
- artimelt AG
- Ashland
- Avery Dennison Corporation
- Beardow Adams
- Buhnen GmbH & Co. KG
- CHEMENCE
- DELO Industrial Adhesives
- Dow
- Dymax
- Franklin International
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Huntsman International LLC
- ITW Performance Polymers
- Jowat SE
- LINTEC Corporation (Mactac)
- Parker Hannifin Corp
- Mapei SpA
- Master Bond
- merz+bentel ag
- Paramelt BV
- Permabond LLC
- Pidilite Industries Ltd
- RPM International Inc.
- Sashco
- Sika AG
- The Soudal Group
- TESA SE – A Beiersdorf Company
- Reynolds Co.
- THE YOKOHAMA RUBBER CO. LTD
- UniSeal Inc.
- Wacker Chemie AG
*List Not Exhaustive
Mordor Intelligence has segmented the global adhesives and sealants market on the basis of adhesives technology, sealant product type, end-user industry, and geography:
- Adhesives Technology (Market Size & Forecast based on Volume (kiloton) and Revenue (USD million), 2016-2026)
- Water-borne
- Acrylic
- Polyvinyl Acetate (PVA) Emulsion
- Ethylene Vinyl Acetate (EVA) Emulsion
- Polyurethane Dispersion and CR (Chloroprene Rubber) Latex
- Other Water-borne Adhesives
- Solvent-borne
- Chloroprene Rubber
- Poly Acrylate (PA)
- Styrenic Block Copolymers
- Other Solvent-borne Adhesives
- Reactive
- Polyurethane
- Epoxy
- Cyanoacrylate
- Modified Acrylic
- Anaerobic
- Silicone
- Other Reactive Adhesives
- Hot Melt
- Ethylene Vinyl Acetate
- Styrenic Block Copolymers
- Thermoplastic Polyurethane
- Other Hot Melt Adhesives
- Other Adhesive Technologies
- Sealant Product Type (Market Size & Forecast based on Volume (kiloton) and Revenue (USD million), 2016-2026)
- Silicone
- Polyurethane
- Acrylic
- Polyvinyl Acetate
- Other Sealant Product Types
- End-user Industry (Market Size & Forecast based on Volume (kiloton) and Revenue (USD million), 2016-2026)
- Building and Construction
- Paper, Board, and Packaging
- Transportation
- Woodworking and Joinery
- Footwear and Leather
- Healthcare
- Electrical and Electronics
- Other End-user Industries
- Geography (Market Size & Forecast based on Volume (kiloton) and Revenue (USD million), 2016-2026)
- Asia-Pacific
- China
- India
- Japan
- South Korea
- ASEAN Countries
- Australia & New Zealand
- Rest of Asia-Pacific
- North America
- United States
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Middle-East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle-East and Africa
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