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The North America sealants and adhesives market is rapidly increasing due to the overall growth of auto sales and production. There is a rising trend in North America to produce lighter weight vehicles, which are fuel-efficient and produce lower emissions, thus, providing further impetus for the growth of the sealants and adhesives market in the region. Sealants and adhesives come in varieties and are used for diverse purposes. Sealants are used to seal the surfaces, joints, or openings in a material, whereas adhesives are used to bind the surfaces together. The market for North America sealants and adhesives has been expanding because of the growth in the end-use sectors like construction and transportation.
Henkel AG & Company (ETR: HEN3) and H.B. Fuller Company (NYSE: FUL) are some of the major players within the sealants and adhesives industry. In April 2020, Henkel, a leading company in the market due to its high-impact solutions in adhesives, sealants, and coatings, announced the opening of its new OEM application centre in Rocky Hill, USA. This will enhance and expand Henkel's capabilities to deliver innovative solutions to better serve customer needs, especially within the industrial assembly sector.
Market Analysis by Types, End Use, and Regions:
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Henkel AG & Company, KGaA, H.B. Fuller Company, Arkema Inc., Sika AG, Wacker Chemie AG, Saint-Gobain S.A., Evonik Chemicals Limited, The Dow Chemical Co., Royal Adhesives & Sealants, and RPM International Inc, among others, are the key players in the North America sealants and adhesives market. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
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