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Market Size – USD 59.19 Billion in 2019, Market Growth – at a CAGR of 4.5%

VANCOUER, BC, CANADA, June 8, 2022 /EINPresswire.com/ -- The global adhesives & sealants market is projected to reach value of USD 84.74 Billion by 2027, according to a current analysis by Emergen Research. Advancements in technology and rise in the demand for bio-based adhesives and sealants are driving the market. Adhesives and sealants are multi-faceted products and are used in industrial sectors ranging from packaging to textile, due to their superior bonding strength. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Key Points of Adhesives & Sealants Market:

Extensive coverage of the analysis of the Adhesives & Sealants market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Adhesives & Sealants market
Complete data about the key manufacturers and vendors in the Adhesives & Sealants market
Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Adhesives & Sealants products is expected to drive the demand for Adhesives & Sealants, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.

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Regional Analysis:

The report sheds light on the region expected to dominate the Adhesives & Sealants Market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Adhesives & Sealants Market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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Leading Companies of the Adhesives & Sealants Industry and Profiled in the Report are:

Key market participants include H. B. Fuller, Henkel AG, 3M Company, Huntsman Corporation, DowDuPont Dowdupont Inc., Avery Dennison Corporation, Arkema, Sika AG, Illinois Tool Works Inc., and Wacker Chemie AG.

Key Highlights of Report

Water-based adhesives are obtained from natural polymers and it is an ultimate choice for quick set application in bookbinding. Water-based adhesives are free from solvents and they are safe to use in areas with very little ventilation.
The paper & packaging industry is witnessing significant growth, owing to growth of cosmetics, food & beverages, and consumer goods industries. The growing trend of online shopping is expected to further propel the market during the forecast period. Adhesives and sealants are used in more than 80% of food packaging.
Silicon resins are low-molecular-weight polymers with excellent thermal stability. Their property makes them suitable for usage as binders in paints, impregnating products, and varnishes. They are odor free, easy to use, and they offer excellent adherence to the surface of molds.
The Asia Pacific market is estimated to witness significant growth during the forecast period, due to massive population and shifting of manufacturing sites from developed regions toward developing countries in APAC. The automotive as well as the packaging industry has witnessed significant growth over the last few years, with contribution from the ASEAN countries.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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