The new report, “Global Adhesives & Sealants by End-Markets & Region: Insights & Forecast (2024-2028),” is now available on ResearchAndMarkets.com. The global adhesives and sealants market is projected to reach USD 87.67 billion by 2028, growing at a CAGR of 5.22% during the forecast period from 2024 to 2028.
Key drivers of market growth include the expansion of the construction industry, increased production of lightweight vehicles, rising home improvement activities, growing demand for packaging, and rapid urbanization. However, market growth may face challenges due to government regulations on VOC emissions and evolving standards. Notable trends include growth in the electronics sector, increased sales of medical devices, the use of 3D vision in adhesive applications, the rise of pressure-sensitive tapes, and a growing demand for reactive hot melt adhesives (HMA).
The market is fragmented, with many small and medium-sized companies actively pursuing strategies like acquisitions, collaborations, and product launches, as well as expanding their manufacturing capabilities. Key players are strengthening their regional presence, distribution networks, and product portfolios to enhance their market positions.
Asia Pacific is expected to be the fastest-growing regional market due to high demand from the building, packaging, and automotive industries. Europe and North America are also anticipated to hold significant shares during the forecast period.
Report Scope:
- Overview: In-depth analysis of the global adhesives and sealants market.
- Regions Covered: Asia Pacific, Europe, North America, and ROW.
- Market Dynamics: Detailed examination of growth drivers, trends, and challenges.
- Competitive Landscape: Profiles of leading companies, including Saint-Gobain, 3M, Henkel, Arkema, Sika, and H.B. Fuller.
Key Report Details:
- Pages: 79
- Forecast Period: 2024 – 2028
- 2024 Market Value: USD 71.52 billion
- 2028 Market Value: USD 87.67 billion
- CAGR: 5.2%
- Regions Covered: Global
Key Topics Covered:
- Market Overview
- Introduction
- Benefits of Sealants and Adhesives
- Differences Between Adhesives and Sealants
- Adhesive Mechanisms
- Factors Influencing Sealant Selection
- Market Ecosystem
- Impact of COVID-19
- Effects on Construction, Automotive, and Aerospace Industries
- Global Market Analysis
- Market Value and Forecast
- Market by End-Markets and Regions
- Regional Market Analysis
- Asia Pacific, Europe, North America, ROW
- Market Dynamics
- Growth Drivers, Trends, and Challenges
- Competitive Landscape
- Market Share by Company
- Company Profiles
- Saint-Gobain, 3M, Henkel, Arkema, Sika, H.B. Fuller
For more information, visit ResearchAndMarkets.com.
