The report “Adhesives & Sealants Market
by Chemical Types, by Technology, by Applications (Pressure Sensitive
Adhesive, Packaging, Construction, Automotive, Woodwork, & Others),
by Geography - Global Trends & Forecasts to 2018 (2013 - 2018)”
defines and segments the global adhesives & sealants market with
analysis and forecasting of the global volumes & revenues for
adhesives & sealants. It also identifies driving and restraining
factors for the global adhesives and sealants market with analysis of
trends, opportunities, burning issues and challenges. The market is
segmented and revenues are forecasted on the basis of major geographies
such as North America, Europe, Asia-Pacific, and Rest of the World
(ROW). The key countries are covered and forecasted for each
geographical region. Further, market is segmented and revenues are
forecasted on the basis of raw materials and application types.
Early buyers will receive 10% customization on reports.
http://www.marketsandmarkets.com/requestCustomization.asp?id=421
Early buyers will receive 10% customization on reports.
http://www.marketsandmarkets.com/requestCustomization.asp?id=421
Browse 145 market data tables and 39 figures
spread through 498 pages and in-depth TOC on “Adhesives & Sealants
Market by Chemical Types, by Technology, by Applications (Pressure
Sensitive Adhesive, Packaging, Construction, Automotive, Woodwork, &
Others), by Geography - Global Trends & Forecasts to 2018 (2013 -
2018)”.http://www.marketsandmarkets.com/Market-Reports/adhesive-sealants-market-421.html
Market Outlook
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.
Asia-Pacific: a market place of Adhesives & 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 and sealants 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.
Key Market Players
Market players are concentrating on expanding their
product portfolio and offer it to the consumers at competitive prices.
The major market players are focusing on R&D activities to innovate
products under the stringent regulations of EPA (Environment Protection
Agency) and REACH (Registration, Evaluation, Authorization, and
Restriction of Chemicals).
Other development strategies opted by the market players include signing agreements & collaborations to optimize their distribution chain in the growing economies.
Other development strategies opted by the market players include signing agreements & collaborations to optimize their distribution chain in the growing economies.
Key participants in adhesives and sealants market are
Henkel (Germany), Bayer Material Science (Germany), BASF (Germany), H.
B. Fuller (U.S.), Sika AG (Switzerland), The Dow Chemical Company
(U.S.), and other market participants.
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