Asia Pacific Sealants and Adhesives Market to Reach USD 33.3 billion by 2032

The Asia Pacific sealants and adhesives market is significantly driven by the growing urbanisation resulting in increased construction activities. Adhesives refer to the liquid that is used to join two surfaces through adhesion. It is stronger, longer lasting and stiffer compared to sealants. On the other hand, sealants are highly flexible paste-like materials used to fill as well as seal gaps between surfaces or connectors.

The Asia Pacific is one of the biggest sealants and adhesives markets owing to the fast-developing economies in the region. India and China are the most prominent markets in this region. These two developing countries are witnessing a rising demand for new infrastructure due to the growing urban population and supportive government initiatives looking to increase urban housing. The increasing demand for construction material is, thus, driving the growth for the sealants and adhesives market in the Asia Pacific.

With the Asia Pacific market witnessing robust expansion, leading global companies are also seeking to expand their profile in the region. HB Fuller Co (NYSE: FUL), one of the leading players in the Asia Pacific sealants and adhesives market, is expanding its consumer base in Southeast Asia. In 2016, the company announced that they are opening a new manufacturing plant for water-based adhesives in Indonesia. The Asia Pacific region is also a high potential market for the company because of the increasing demand for hygiene products like baby diapers, which uses adhesives as a raw material.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Analysis by Type, End Use, and Region:

• Adhesives are widely categorised into reactive systems, solvent-based, pressure sensitive, water-based, and hot melt, among others. 

• Reactive systems are further divided into epoxy, polyurethane, and others. 

• Solvent-based adhesives are vinyl acetate, PVA (Polyvinyl Acetate) and rubber, among others.

• Pressure sensitive adhesive type is sub-divided into acryl, and rubber types, among others.

• Water-based adhesives are acryl emulsion and vinyl acetate.

• The hot melt adhesives can be categorised as EVA (Ethylene Vinyl Acetate) and rubber, among others. 

• The major types of sealants are silicones, acrylic, butyls, polysulphides, and polyurethanes, among others.

• While paper, board and related products, building, construction, civil engineering, and craftsmen, woodworking and joinery, transportation, footwear and leather, consumer/DIY, and assembly operations, among others, are the major end-use sectors for adhesives, construction, consumer/DIY, assembly, and transportation, among others, are the significant end-use sectors for sealants.

• The regions included in the Asia Pacific sealants and adhesive market are China, Japan, and India, among others.

Key Findings of the Report:

• Increased construction projects taking place in the Asia Pacific region due to the rapid urbanisation is a major driver for the industry.

• The growing economies in the region is a key factor for the market growth.

• The growing packaging industry is further supporting the growth of the sealants and adhesives market in the Asia Pacific.

• The rising demand for packaged food, beverages, and personal care products is further propelling the sealants and adhesives market further.

• Sealants and adhesive are also finding wide applications in the automobiles industry, like in the production of light-weight vehicles.

• The growing automotive market in the major markets like India and China, will aid the growth of the Asia Pacific sealants and adhesives.

Key Offerings of the Report:

• The EMR report offers a detailed historical (2018-2023) and forecasted (2024-2032) market for sealants and adhesives in the Asia Pacific market.

• The report provides an in-depth analysis of the market for the periods 2018-2023 and 2024-2032, according to end-use and regions.

• It offers a trade analysis of the major exporting and importing countries by their value and volume for the year, 2020. 

• It also provides an in-depth insight into the region-wise historical (2018-2023) and forecast (2024-2032) price trends of sealants and adhesives.

The major key players in the in the Asia Pacific sealants and adhesives market are Henkel AG & Company, KGaA, H.B. Fuller Company, Arkema Inc., Sika AG , Wacker Chemie AG, Saint-Gobain S.A, Evonik Chemicals Limited, Pioneer Adhesives Inc., Shandong Evergain Adhesive Co., Ltd, ITLS (H.K.) Co., Limited., and Pidilite Industries Limited, among others. The report provides a detailed insight into the latest developments of the competitive landscape of the Asia Pacific sealants and adhesives market like market share, plant turnarounds, expansions of capacity, and mergers and acquisitions.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.