World Adhesives and Sealants Industry 2018 Market Forecasts

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Sep 14, 2014, 11:00 ET

DALLAS, September 14, 2014 /PRNewswire/ --

RnRMarketResearch.com offers Adhesives & Sealants Market By Chemical Type, By Technology, By Applications (Pressure Sensitive Adhesive, Packaging , Construction, Automotive, Woodwork, & Others) & By Geography - Global Trends & Forecasts to 2018 research report of 498 pages that forecasts the adhesives and sealants market to grow at a CAGR of 4.4% to 2018. Packed with 145 data tables and 39 figures to support the adhesives and sealants market analysis, this report is available at http://www.rnrmarketresearch.com/adhesives-sealants-market-by-chemical-type-by-technology-by-applications-pressure-sensitive-adhesive-packaging-construction-automotive-woodwork-others-by-geography-global-tre-market-report.html .

The market for adhesives and sealants is being driven a rising trend in various end user segments to use eco-friendly or green adhesives and sealants or those with low VOC (volatile organic compound). Further, technological advancement in production capabilities and enhancing properties of adhesives and sealants will be fuelling the growth. The ever-increasing need for high standard performance across all modern applications is driving the growth of adhesives and sealants. This also results in the development of newer and improved application and performance properties. Adhesive and sealant systems that are fast, easy, and low cost are in demand. The major hurdle, which is currently inhibiting the growth of the market, is volatility in the prices of the raw material for adhesives and sealants. The industry is witnessing high growth on an account of growing demand in the Asia-Pacific region. China and India are the biggest consumers of Adhesives & Sealants Market due to rapid industrialization and infrastructure growth. Japan, Korea, and Taiwan have high per capita consumption of adhesives and sealants and thus, are expected to grow with a moderate CAGR.

The packaging, construction, and automotive industries are growing at a high rate in China and India driving the demand of adhesives and sealants. There is low control on consumption of high VOC adhesives and sealants in China and India due to the absence of related Government policies. One of the winning imperative in the adhesives and sealants market is product innovation. The winners in this industry will not be those that only try to reduce the costs of adhesives or sealants, as the internal competition in the adhesives industry will take care of that. However, those who continually innovate in all aspects of their operations and strive to find newer, better and faster products that will dramatically influence the cost-effectiveness of the customers operations.

Companies profiled in adhesives and sealants market report include 3M, ADCO Global Inc., Adhesives Research Inc., Ashland Inc., Avery Dennison Corporation, BASF SE, Beardow & Adams (Adhesives) Ltd, Beijing Comens New Materials Company Ltd, Bolton Group B.V, Bostik SA, Cyberbond LLC, Dymax Corporation, Dynea OY, H.B Fuller, Henkel AG & Company, Illinois Tools Works Incorporation, Momentive Specialty Chemical Inc, PPG Industries Incorporation, RPM International Incorporation, Sika AG, Soudal NV, Super Glue Corporation, The Dow Chemical Company, Three Bond Limited and Wisdom Adhesives Worldwide. Order a copy of this report for US$ 4650 (single user PDF) at http://www.rnrmarketresearch.com/contacts/purchase?rname=106892 .

Adhesives and sealants are the most versatile bonding agents available today. The adhesives segment dominates the global adhesives and sealants market, with a share of more than 75%. With the huge market potential and the growing preference, the market for adhesives and sealants is likely to witness considerable growth. The growth of the market is also largely attributed to the technological developments.

The adhesives and sealants market recovered at a high rate in the second half of 2012 after witnessing slow pace due to American and European financial crisis in 2011. The packaging and construction industry led the recovery of adhesives and sealants in Europe and is expected to continue the trend till 2018. The ever-increasing need for high standard performance across all modern applications is driving the growth of adhesives and sealants. This research report categorizes the global market for adhesives and sealants on the basis of applications, product type, technology, and geography; forecasting volumes & revenues and analyzing the trends in each of the following submarkets:

On the basis of applications: The adhesives market is segmented on the basis of applications such as Pressure Sensitive Products, Packaging, Building & Construction, Automotive, Woodworking & Furniture, Footwear, and other applications. The sealants market is segmented on the basis of applications such as Pressure Sensitive Products, Packaging, Building & Construction, Automotive & Transportation, Assembly, Consumer DIY, and other applications.

On the basis of chemical product type: The adhesives market is segmented on the basis of chemical composition such as Acrylic, Polyurethanes, Polyvinyl Acetate (PVA), Epoxy, Styrenic Block, EVA, and Other. The sealant market is segmented on the basis of product types such as Acrylic, Polyurethanes, Silicone, Polyvinyl, and Other.

On the basis of technology: The adhesives market is segmented on the basis of production technology such as Water-borne, Solvent-borne, Reactive, and Hotmelt.

On the basis of geography: North America, Europe, Asia-Pacific, and ROW with the key countries in every region.

Explore more reports on adhesives and sealants market as well as other chemicals at http://www.rnrmarketresearch.com/reports/materials-chemicals/chemicals .

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