Report

Expert Market Research Thumbnail Image

Asia Pacific Sealants and Adhesives Market: By Country: China, Japan, India, Others; By Product Type: Reactive Systems (Epoxy, Polyurethane, Others), Solvent Based (Vinyl Acetate, PVA (Polyvinyl Acetate), Rubber, Others), Pressure Sensitive (Acryl, Rubber, Others), Water Based (Acryl Emulsion, Vinyl Acetate, Others), Hot Melt (EVA (Ethylene Vinyl Acetate), Rubber, Others); Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Competitive Landscape & Supplier Analysis

Asia Pacific Sealants and Adhesives Market Key Insights:

 

  • Asia Pacific Sealants and Adhesives Market Performance
  • Asia Pacific Sealants and Adhesives Market Analysis and Outlook 2019-2024
  • Price Trends
  • Events and Developments
  • Breakup by Region
  • Cost Analysis
  • Competitive Landscape
  • Value Chain Analysis
  • Mergers and Acquisitions

 

Market Outlook

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 USD 27.7 billion by 2024.

Globally, paper, board and related products along with building, construction, civil engineering, and craftsmen are the major end-use industries for adhesives. Construction is also a major end-use segment for sealants along with consumers and DIY. Silicones are the leading sealant types. Reactive systems and water-based adhesives, on the other hand, are the significant adhesive types. Water-based and hot-melt adhesives are preferred for applications in paper and board, among other related materials. Adhesives are used for various paper and board bonding applications like lamination of sheets, constructions of corrugated boxes, and building packaging materials for a diverse number of consumer products like books, paper towels, and toilet rolls along with large industrial tubes utilised by manufacturers. In construction, a significant application sector for both sealants and adhesives, adhesives find their use in laying tiles and carpets, roofing, flooring, wall coverings, drywall lamination, and timber jointing, among other related applications.

The Asia Pacific is one of the largest markets for sealants and adhesives driven by the rapidly developing emerging economies within the region. China is the leading market in the region accounting for over a half of the regional industry. Japan and India are also some of the significant markets in the Asia Pacific. The healthy growth of the construction industry in China and India is expected to aid the sealants and adhesives market. The global construction industry is projected to attain USD 15.5 trillion by 2030, with China and India along with the US accounting for almost 57% of the expected growth. The infrastructural growth in China is being driven by the expansions planned in the railway network by the China State Railway Group (CR). In India, the construction sector is buoyed by the planned investments into expanding the urban infrastructure and building affordable housing by the government.

Properties and Applications

Sealants usually have paste-like consistencies and are used to fill in the gaps between surfaces and joints. Adhesives, on the other hand, are used to attach two surfaces with adhesion. While adhesives are stronger than sealants, sealants are more flexible of the two. Sealants are categorised as:

  • Silicones
  • Acrylic
  • Butyls
  • Polysulphides
  • Polyurethanes
  • Others

They find their applications in construction, consumer and DIY, transportation, and assembly, among others. Adhesives, on the other hand, find their applications in sectors like paper, board, and related products, building, construction, civil engineering, and craftsmen, woodworking and joinery, transportation, footwear, and leather, consumer/DIY, and assembly operations, among other sectors. They can be broadly be categorised as:

  • Reactive Systems
    • Epoxy
    • Polyurethane
    • Others
  • Solvent Based
    • Vinyl Acetate
    • PVA (Polyvinyl Acetate)
    • Rubber
    • Others
  • Pressure Sensitive
    • Acryl
    • Rubber
    • Others
  • Water Based
    • Acryl Emulsion
    • Vinyl Acetate
    • Others
  • Hot Melt
    • EVA (Ethylene Vinyl Acetate)
    • Rubber
    • Others

The report also gives an in-depth analysis of the major regional markets in the Asia Pacific like China, India, and Japan.

Market Analysis

The Asia Pacific sealants and adhesives market is being driven by the growing infrastructural developments taking place in the region due to the rapid urbanisation. Nearly 60% of the global population resides in the Asia Pacific region. By 2040, the population of the cities in the region is expected to exceed 2 billion. The construction industry is, thus, finding impetus for its growth in the rapidly rising population. The sealants and adhesives industry will find further impetus in the rising construction of smart cities in the Asia Pacific. The investments in smart city technologies is expected to attain USD 45.3 billion in 2021 (excluding Japan).

The healthy growth of the economy in the region is also aiding the market growth, as it is driving the revenue growth of the various end-use sectors of sealants and adhesives like the construction and automotive sector. Between 2019 to 2023, the GDP in the emerging nation in the country is expected to grow at an annual average of 6.1%. India is expected to witness a robust economic growth in the coming five years, with its economy growing at an average of 7.3%.

The Asia Pacific sealants and adhesives market is also being propelled forward by the rising demand from the growing packaging industry in the Asia Pacific. The packaging industry in the region is being driven by the rapid growth of e-commerce platforms and the rising consumption of packaged goods across food and beverage, and personal care sectors. Sealants and adhesive are also finding extensive use in the automobiles industry, especially in the manufacturing of light-weight vehicles. The thriving automotive market in China and India will aid the growth of the Asia Pacific sealants and adhesives.

Competitive Landscape

The report provides a detailed analysis of the key players in the Asia Pacific sealants and adhesives market, covering their market share, capacity, and latest developments like mergers, acquisitions, and investments, plant turnarounds, and capacity expansions:

  • 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.
  • Pidilite Industries Limited
  • Others

The comprehensive report by EMR looks into the manufacturing process of sealants and adhesives and analyses the costs involved. It assesses the market based on the Porter’s five forces model. A SWOT, as well as the value chain analysis, has been provided, as well.

1    Preface
2    Research Methodology
3    Executive Summary

    3.1    Market Overview
    3.2    Key Demand Drivers
    3.3    Key Players
    3.4    Supply Market Changes
4    Global Sealants and Adhesives Market Outlook
5    Global Sealants and Adhesives Market 
    5.1    Global Sealants & Adhesives Market Analysis

        5.1.1    Figure: Global Sealants and Adhesives Historical Market (2014-2018) & Forecast (2019-2024)
        5.1.2    Chart: Global Sealants and Adhesives Market Breakup
            5.1.2.1    Sealants
            5.1.2.2    Adhesives
        5.1.3    Chart:  Global Sealants and Adhesives Market Breakup by Region
            5.1.3.1    Asia Pacific
            5.1.3.2    Europe
            5.1.3.3    Asia Pacific
            5.1.3.4    LATAM
            5.1.3.5    Middle East and Africa
6    Asia Pacific Sealants and Adhesives Market 
    6.1    Asia Pacific Sealants and Adhesives Market Analysis

        6.1.1    Figure: Asia Pacific Sealants and Adhesives Historical Market (2014-2018) & Forecast (2019-2024)
        6.1.2    Chart: Asia Pacific Sealants and Adhesives Market Breakup
            6.1.2.1    Sealants
            6.1.2.2    Adhesives
        6.1.3    Figure: Asia Pacific Sealants and Adhesives Market Breakup Historical Market (2014-2018) & Forecast (2019-2024)
            6.1.3.1    Sealants
            6.1.3.2    Adhesives
        6.1.4    Chart:  Asia Pacific Sealants and Adhesives Market Breakup by Country
            6.1.4.1    China
            6.1.4.2    Japan
            6.1.4.3    India
            6.1.4.4    Others
    6.1.5    Figure:  Asia Pacific Sealants and Adhesives Market Breakup by Country Historical Market (2014-2018) & Forecast (2019-2024)
            6.1.5.1    China
            6.1.5.2    Japan
            6.1.5.3    India
            6.1.5.4    Others
    6.2    Asia Pacific Adhesives Market Analysis
        6.2.1    Figure: Asia Pacific Adhesives Historical Market (2014-2018) & Forecast (2019-2024)
        6.2.2    Chart: Asia Pacific Adhesives Market Breakup by Product Type
            6.2.2.1    Reactive Systems
                6.2.2.1.1    Epoxy
                6.2.2.1.2    Polyurethane
                6.2.2.1.3    Others
            6.2.2.2    Solvent Based
                6.2.2.2.1    Vinyl Acetate
                6.2.2.2.2    PVA (Polyvinyl Acetate)
                6.2.2.2.3    Rubber
                6.2.2.2.4    Others
            6.2.2.3    Pressure Sensitive
                6.2.2.3.1    Acryl
                6.2.2.3.2    Rubber
                6.2.2.3.3    Others
            6.2.2.4    Water Based
                6.2.2.4.1    Acryl Emulsion
                6.2.2.4.2    Vinyl Acetate
                6.2.2.4.3    Others    
            6.2.2.5    Hot Melt
                6.2.2.5.1    EVA (Ethylene Vinyl Acetate)
                6.2.2.5.2    Rubber
                6.2.2.5.3    Others
            6.2.2.6    Others
        6.2.3    Chart: Asia Pacific Adhesives Market Breakup by End-Use Industries: Historical Market (2014-2018) & Forecast (2019-2024)
            6.2.3.1    Paper, Board and Related Products
            6.2.3.2    Building, Construction, Civil Engineering, Craftsmen
            6.2.3.3    Woodworking and Joinery
            6.2.3.4    Transportation
            6.2.3.5    Footwear and Leather
            6.2.3.6    Consumer/DIY
            6.2.3.7    Assembly Operations
            6.2.3.8    Others
    6.3    Asia Pacific Sealants Market Analysis
        6.3.1    Figure: Asia Pacific Sealants Historical Market (2014-2018) & Forecast (2019-2024)
        6.3.2    Chart: Asia Pacific Sealants Market Breakup by Product Type
            6.3.2.1    Silicones
            6.3.2.2    Acrylic
            6.3.2.3    Butyls
            6.3.2.4    Polysulphides
            6.3.2.5    Polyurethanes
            6.3.2.6    Others
        6.3.3    Chart: Asia Pacific Sealants Market Breakup by End-Use Industries: Historical Market (2014-2018) & Forecast (2019-2024)
            6.3.3.1    Construction (Incl. Insulating Glass, Glazing)
            6.3.3.2    Consumer/DIY
            6.3.3.3    Assembly
            6.3.3.4    Transportation
            6.3.3.5    Others
    6.4    SWOT Analysis
        6.4.1    Overview
        6.4.2    Strengths
        6.4.3    Weaknesses
        6.4.4    Opportunities
        6.4.5    Threats
    6.5    Porter’s Five Forces Analysis
        6.5.1    Overview
        6.5.2    Buyer’s Power
        6.5.3    Supplier’s Power
        6.5.4    New Entrants
        6.5.5    Degree of Rivalry
        6.5.6    Substitutes
    6.6    Value Chain Analysis
    6.7    Global (HS Code-3901,3909,2915,2830) Trade Analysis (2018)

        6.7.1    Major Exporting Countries by Value & Volume
        6.7.2    Major Importing Countries by Value & Volume
    6.8    Asia Pacific Sealants and Adhesives Price Analysis
        6.8.1    China
            6.8.1.1    EVA (Ethylene Vinyl Acetate) Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.1.2    Polyurethanes Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.1.3    Vinyl Acetate Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.1.4    Polysulphides Historical Price Trends (2014-2018) & Forecast (2019-2024)
        6.8.2    Japan
            6.8.2.1    EVA (Ethylene Vinyl Acetate) Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.2.2    Polyurethanes Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.2.3    Vinyl Acetate Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.2.4    Polysulphides Historical Price Trends (2014-2018) & Forecast (2019-2024)
        6.8.3    India
            6.8.3.1    EVA (Ethylene Vinyl Acetate) Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.3.2    Polyurethanes Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.3.3    Vinyl Acetate Historical Price Trends (2014-2018) & Forecast (2019-2024)
            6.8.3.4    Polysulphides Historical Price Trends (2014-2018) & Forecast (2019-2024)
7    Competitive Landscape & Supplier Analysis
    7.1    Henkel AG & Company, KGaA
    7.2    H.B. Fuller Company
    7.3    Arkema Inc.
    7.4    Sika AG 
    7.5    Wacker Chemie AG
    7.6    Saint-Gobain S.A
    7.7    Evonik Chemicals Limited
    7.8    Pioneer Adhesives Inc.
    7.9    Shandong Evergain Adhesive Co., Ltd,
    7.10    ITLS (H.K.) Co., Limited.
    7.11    Pidilite Industries Limited
    7.12    Others
8    Events and Developments

Additional Customisation Available:

9    Manufacturing Process
    9.1     Detailed Process Flow
    9.2     Operations Involved
    9.3     Mass Balance
10    Cost Analysis
    10.1    Land, Location and Site Development
    10.2    Construction
    10.3    Plant Machinery
    10.4    Cost of Raw Material
    10.5    Packaging
    10.6    Transportation
    10.7    Utilities
    10.8    Manpower
    10.9    Other Capital Investment

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

Purchase Full Report

  • Single User License
  • $2999
  • Restricted to one user
  • One print only
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Five User License
  • $3999
  • Restricted to five users
  • One print per user
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Corporate License
  • $4999
  • Unlimited users within organisation
  • No limit on prints
  • Available in PPT and PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Adhesive Films Market Report and Forecast 2019-2024

Global Adhesive Films Market Report and Forecast 2019-2024

  • Pre-Order Available
  • Price: $ 2399
Expert Market Research Thumbnail Image
Latin America Sealants and Adhesives Market Report and Forecast 2019-2024

The LATAM sealants and adhesives market is expected to attain almost 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....

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
EMEA Sealants and Adhesives Market Report and Forecast 2019-2024

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...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Sealants and Adhesives Market Report and Forecast 2019-2024

The global sealants and adhesives market stood at about USD 58 billion in 2018. Growing at a CAGR of 3.8% in the period 2019-2024, it is expected to reach a value of USD 73 billion by 2024.

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.

Download Sample

Buy Full Version
"Asia Pacific" Purchase Enquiry