Adhesives & Sealants Market Report Forecast to 2027
The Adhesives & Sealants Market size is projected to grow at a CAGR 3.49% rate during the forecast period.
The reactive & others formulating technology segment accounts for the fastest growth of the adhesives market. The unique characteristics of the reactive adhesives and the advanced technology required to handle and dispense them make them popular among manufacturers and end users. Reactive adhesives can be modified for creating various unique properties, such as multiple degrees of conductivity, thereby offering exceptional thermal or electrical resistance, differing cure profiles, and unique optical properties.
The automotive & transportation segment is expected to grow at the highest CAGR, in terms of value, during the forecast period, owing to an increase in the demand for lightweight, efficient, and eco-friendly cars.
Polyurethane segment is expected to grow at the highest CAGR during the forecast period. Polyurethane sealants provide better stability, adhesion, and abrasion resistance than silicone sealants. They are commonly used in automotive, parking deck & sidewalk sealing, construction, and marine applications.
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Adhesives Market, By Formulating Technology
1.1. Water based adhesives
1.1.1. .PVA Emulsion Adhesives
1.1.2. PAE Emulsion Adhesives
1.1.3. VAE Emulsion Adhesives
1.1.4. Others
1.2. Solvent based adhesives
1.2.1. Styrene-Butadiene Styrene Rubber (SBSR) Adhesives
1.2.2. Chloroprene Rubber (CR) Adhesives
1.2.3. Polyvinyl Acetate (PVA) Adhesives
1.2.4. Polyamide Adhesives
1.2.5. Others
1.3. Hot-melt based adhesives
1.3.1. EVA adhesives
1.3.2. Styrenic Block Copolymer (SBC)
1.3.3. Copolyamides (COPAS)
1.3.4. Amorphous Poly Alpha Olefins (APAOS)
1.3.5. Polyurethanes
1.3.6. Others
1.4. Reactive and other adhesives
1.4.1. Polyurethane Adhesives
1.4.2. Epoxy Adhesives
1.4.3. Cyanoacrylate Adhesives
1.4.4. Modified Acrylate & Methyl Methacrylate (MMA) Adhesives
1.4.5. Polysulfide Adhesives
1.4.6. Others
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Adhesives Market, By Application
2.1. Paper and packaging
2.2. Building and construction
2.3. Woodworking
2.4. Automotive and Transportation
2.5. Consumer and DIY
2.6. Leather and footwear
2.7. Assembly
2.8. Others
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Sealants Market, By Resin Type
3.1. Silicone
3.2. Polyurethane
3.3. Plastisol
3.4. Emulsion
3.5. Polysulphide
3.6. Butyl
3.7. Others
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Sealants Market, By Application
4.1. Building and Construction
4.2. Automotive and Transportation
4.3. Consumer sealants
4.4. Others
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By Region
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Rest of World
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