Adhesives & Sealants Market Analysis

  • Report ID: 4519
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Adhesives & Sealants Market Analysis

Type (Water-based, Solvent-based)

The solvent-based segment is estimated to hold 60% share of the global adhesives & sealants market in the year 2037. Solvent-based adhesives and sealants have garnered attention for their exceptional bonding capabilities across a wide spectrum of substrates. Their ability to form robust connections between materials such as metals, plastics, and ceramics positions them as a preferred choice for industries requiring durable and versatile bonding solutions.

End User (Automotive, Construction, Electronics)

The automotive segment in the adhesives & sealants market is expected to garner a significant share in the year 2037. The advent of electric vehicles necessitates specialized adhesives for battery assembly, ensuring optimal performance and safety. As the EV market proliferates, the demand for adhesives tailored to battery technology is set to rise. In the year 2020, global electric vehicle sales reached approximately 3 million units, accounting for about 4% of total global car sales.

Our in-depth analysis of the global adhesives & sealants market includes the following segments:

           Type

  • Water-based
  • Solvent-based

 

   

           End User

  • Automotive
  • Construction
  • Electronics
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Author Credits:  Rajrani Baghel


  • Report ID: 4519
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of adhesives & sealants is estimated at USD 12.6 billion.

The adhesives & sealants market size was valued at USD 11.8 billion in 2024 and is expected to cross USD 33.96 billion by the end of 2037, expanding at more than 8.4% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for automotive sector will drive the market growth.

North America region is poised to hold the second largest share by 2037, backed by rising demand for adhesives and sealants in packaging applications in the region.

The major players in the market include Henkel AG & Co. KGaA, 3M, BASF SE, Sika AG, Dow Inc., H.B. Fuller, Avery Dennison, Arkema Group, Wacker Chemie AG, Momentive Performance Materials Inc.
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