Adhesives are usually liquid in form which solidify upon application and are used to join together two surfaces by adhesion. They have superior strength, greater durability, and rigidity as compared to sealants. Sealants, on the other hand, are highly flexible paste-like materials used to fill and seal gaps between surfaces or connection joints. Silicones sealants are preferred due to their enhanced flexibility and elongation properties.
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Construction and infrastructure sector is the major driving force behind the growth of the sealants and adhesives market. They find their use in the construction and renovation sectors as floor primers, adhesives for tiles and soft floor coverings, window sealant, door sealant, roof sealant, wall primers, and wallpaper adhesives, among others.
Sealants are also used to waterproof and fireproof surfaces and find applications in the renovations of floors and walls. The scope of their application in the construction sector ranges from small domestic projects to large, expansive bridges and skyscrapers. The growing construction activities in developing countries due to rising population and rapid urbanisation and recovering construction sector in developed countries are driving the sealants and adhesives market with Asia Pacific, North America, and Europe as the leading markets for the industry.
The automotive industry is another significant application sector for sealants and adhesives and is expected to continue to drive the market with the rising production of automobiles. The growing environmental concerns have led to automobiles manufacturers increasingly focussing on the production of light-weight vehicles with improved fuel efficiency. The manufacturers are resorting to the use of lightweight composite materials joined together by structural adhesives instead of welding or heavy mechanical fasteners. Unlike mechanical fasteners, structural adhesives also absorb vibrations and impact forces. Sealants and adhesives find extensive applications in the automotive industry being used in various parts of the vehicle ranging from sensors to the vehicle skeleton. China was the major automotive producer in 2017 and is the foremost market for sealants and adhesive in the Asia Pacific region.
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Henkel AG & Co. KGaA, Sika AG, Bostik SA, Saint-Gobain S.A, H.B. Fuller Company, Evonik Chemicals limited, DowDuPont Inc., 3M Chemical Limited, and Wacker Chemie AG are the major players in the global sealants and adhesives market that have been analysed by the EMR report. The report provides a detailed insight into the latest developments of the competitive landscape of the global sealants and adhesives market like plant turnarounds, market share, expansions of capacity, and mergers and acquisitions.
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"Global Sealants and Adhesives Market: Adhesive Types: Reactive, Solvent-Based, Pressure Sensitive, Water-Based; Sealant Types: Silicones, Acrylic, Butyls, Polysulphides, Polyurethanes; By Region and By Application: Paper, Board and Related Products, Building, Construction, Civil Engineering, Craftsmen, Woodworking and Joinery, Transportation, Footwear and Leather, Consumer/DIY, Assembly Operations; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); Regional Price Trends; Trade Analysis; Competitive Landscape"
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Global Adhesive Films Market Report and Forecast 2019-2024
The North America sealants and adhesives market reached a value of nearly USD 14 billion in 2018. The regional industry is expected to witness a steady growth in the forecast period of 2019-2024, gro...
The LATAM sealants and adhesives market attained nearly USD 1.7 billion in 2018. The LATAM sealants and adhesives market is expected to be aided by the steady growth of the global market. The global s...
The EMEA sealants and adhesives market attained a value of nearly USD 21.1 billion in 2018. The market is further expected to grow at a steady pace in the forecast period of 2019-2024, growing at a CA...
The Asia Pacific sealants and adhesives market attained a value of nearly USD 20.7 billion in 2018. It is expected to witness a steady growth in the forecast period 2019-2024 and is projected to reach...