Global Adhesive and Sealants Market To Reach USD 62.8 Billion by 2024, Expanding at a CAGR of 4.6%

According to Goldstein Research, global adhesive and sealants market is expected to reach USD 62.8 billion by 2024 from USD 43.6 billion in 2015, growing at a compounded annual growth rate of 4.6% over the forecast period 2016-2024. The world adhesive and sealants market is driven by the growth and advancement in the end use industries such as automotive, packaging and construction industry. Global adhesive and sealants market segmentation have been carried out on the basis of adhesive tape, sealant type, application, and geography. Based on adhesive type in 2015, water-based adhesive segment accounted for 40.0% market share whereas silicon-based adhesive accounted for +30% market share. Global adhesive and sealants market is majorly driven by the Asia Pacific, accounting for nearly 32.5% market share in 2015. China and India are the top countries in the total revenue generation from Asia Pacific adhesive and sealants market. APAC is followed by North America with a market share of 20.0%.

Market Segmentation

On the basis of our in-depth analysis, Global Adhesive and Sealants Market can be segmented as follows:

  • By Product Type
    • Instant Coffee Premix
    • Instant Tea Premix
    • Instant Milk Premix
    • Instant Health Drinks Premix
    • Soups Premix
  • By Distribution channel
    • Offline Distribution Channel
      • Specialty retailers
      • Department stores
      • Hypermarkets and supermarkets
      • Pharmacies
    • Online Distribution Channel
  • By End-User
    • Commercial
    • Residential
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

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Adhesive and Sealants Industry Report

“Global Adhesive and Sealants Market Outlook 2024” contains the detailed overview of the global adhesives and sealants market. On the basis of our in-depth analysis, a market can be segmented in terms of market segmentation by adhesive type, sealant type, and application.

Further, for the in-depth analysis, Adhesive and Sealants Industry Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as 3M Company, Arkema, Dow Chemical Company, H.B. Fuller, Henkel, Bostik, RPM International Inc., Illinois Tools Works Inc., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global adhesives and sealants market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on chemical industry analysis reports helping various tech-giants, tech start-ups, and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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