Adhesives and Sealants Market Size, Share, Industry Overview And Segment Forecasts –2025

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According to the latest market research analysis on the “Global Adhesives and Sealants Market Research Report 2018”, published by Reports and Data.

Adhesives and Sealants market size was USD XX billion in 2017 and is expected to reach XX billion by 2022 growing at a CAGR of XX%. Strong growth and projections for the automobile and construction industry in the next 8 years from rising regional economies such as Asia Pacific, Africa and South America will likely foster the growth of this market. Rental vacancy rates in Asia-Pacific are at an all time low in 2017 and house ownership rates are witnessing a significant growth in this region prompting increasing demand for adhesives and sealants applicable construction materials.

Emerging markets for electronics, energy coupled with aggressive rise in industrialization rate in India, China Indonesia and Philippines in Asia Pacific is expected to have a positive growth in this market. Urbanization rate for South East Asia is estimated to be 35% by the IMF while the Pacific region’s is estimated to be 85%. These indexes showcase rapid growth in housing and construction projects therefore directly positively impacting the adhesives industry. Rising economies in this region also owns a common phenomenon of substantial slum settlements which the working governments in this region are aggressively trying to eradicate.

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India expects more than 230 million of its residents moving into urban settlements in the next 10 years owing to decreasing agricultural economy. More than USD 2.5 billion dollars funds have been allocated in to housing projects for the slum dwellers in India and the turn key projects are expected to be handed over by the end of 2027. Major amount of demand for adhesives will be derived from this region along with Philippines and China who are all experiencing a similar trend.

Stabilizing commodity prices, returning political stability and increasing GDP in main Sub-Saharan Africa will also likely prompt the growth of the adhesives and sealants industry. This region exhibited a growth of 1.1% in three quarters since the end of 2016. Increasing construction index along with returning investments for oil and gas exploration will also likely drive the demand for the adhesives & sealants market.

This market is driven by increasing middle class incomes, rising economies and low raw material prices. Low commodity and chemicals such as ethylene, propylene and vinyl acetate monomers prices are allowing manufacturers in this market to enjoy an attractive profit margin. However, there remains concerns in this industry that there might be a rise in raw material prices as crude oil prices are registering an increase, however we estimate with U.S. resuming its ethylene and propylene exports in bulk and China operating in maximum utlization capacity, the prices will continue to remain low for the next 3-4 years.

North America and Europe had a profitable packaging sector in 2016 one of the only few industries registering a profitable growth in 2015-2016. Sealants find a wide range of application in this segment thereby expected to keep a hike in demand from this region. The automobile industry and stringent environmental norms in this region are also expected to significant contributing factor in pushing the growth of this market.

Water based formulations segment holds the largest market share in the adhesives & sealants market, by type

Water based formulations dominated the market with an impressive 43.15% in 2016. The eco friendly nature of this technology aligning its characteristics with VOC emission norms is one of the factor fostering the growth of water based formulations demand. There will be a substantial slide in demand for solvent based formulations owing to international environmental forums regulations pressure on regions.

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Acrylic segment holds the largest market share in the adhesives & sealants market, by application

Acrylic segment was estimated to be the largest in 2016 and is estimated to continue doing so in the upcoming years. Acrylic accounted for a major share of more than 35% in 2016 and registered a growth of xx % during the forecasted period. Polyurethane derived products are estimated to be the most profitable during the period xx-yy owing to low raw material prices. Trends indicated a forecast in further dip of polyurethane prices in 2021-2022.

Sealant based sealants will have rising demand owing to its characteristics of high compatibility, strength and stability. Rising funding and investments in renewable power generations are also analyzed to drive aggressively the growth of the sealant market.

Construction and automobile industries are expected to be the highest grosser in revenue for adhesives and sealants. Increasing trend of low emission cars will provoke automobile manufacturers to utilize superior grade adhesives and sealants. Regulations on usage of ecofriendly materials will factor the growth of this market formidably.

How geography and sales fit together

The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. The report on the adhesives and sealants market enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
• Where do the requirements come from?
• Where do non-potential customers reside?
• What is the buying behaviour of the customers dwelling in a particular area?
• What is the spending power of the customers in a specific region?

The adhesives and sealants market report attempts to answer the questions below:
• How will major vendors grow their business during the forecast period, 2015 to 2025? What will matter most to their customers?
• What are the competitors doing best to stay ahead of others?
• What customers like to buy? How can prominent market players tailor their offerings to lure the potential customers?
• How can business owners operating in the adhesives and sealants Industry minimize risks?
• What will be the status of
– Supply chain management
– Distribution channel
– Top-notch companies
– Market segmentation
– Sale
– Brand positioning and more

In-Depth Research Report on Adhesives and Sealants Market:

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