Latin America Adhesives and Sealants Market Analysis by Technology (Water-Based, Solvent-Based), by Product and by Application Expected to Reach USD 2.47 Billion by 2020

Market Size - $1.57 bn in 2013, Market Growth - CAGR of 6.7%, Market Trends – Increasing penetration in medical applications. View complete report - http://www.grandviewresearch.com/industry-analysis/latin-america-adhesives-and-sealants-market.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friendRepost This

Grand View Research

Positive outlook on automotive industry in Latin America expected to boost the demand for adhesives and sealants over the forecast period.

San Francisco, California (PRWEB) May 06, 2014

The global market for adhesives and sealants is expected to reach USD 2.47 billion by 2020, according to a new study by Grand View Research, Inc. Growth of major end use industries such as automotive and construction, mainly in Brazil and Argentina is expected to boost the demand for adhesives and sealants over the forecast period. In addition, increasing market penetration of adhesives in medical industry is also expected to drive have positive impact on demand over the next six years. However, volatility in raw material prices coupled with growing environmental concerns is expected to be a key challenge for market participants.

The report “Latin America Adhesives and Sealants Market Analysis By Technology (Water-Based, Solvent-Based, Hot Melt, Reactive), By Product (Acrylic, PVA, Polyurethane), By Application (Pressure Sensitive Applications, Construction, Automotive) And Segment Forecasts To 2020,” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/latin-america-adhesives-and-sealants-market.

Inquiry before buying at http://www.grandviewresearch.com/inquiry/352.

Water-based adhesives emerged as the leading technology used in Latin America and accounted for 48.3% of total market volume in 2013. Regional market for solvent-based adhesives technology is expected to reach USD 225.4 million by 2020, growing at an estimated CAGR of 4% from 2014 to 2020.

Further key findings from the study suggest:

  • Latin American market for adhesives was 499.1 kilo tons in 2013 and is expected to reach 741.1 kilo tons by 2020, growing at a CAGR of 5.8% from 2014 to 2020. The regional demand for sealants was 67.4 kilo tons in 2013 and is expected to reach 93.9 kilo tons by 2020, growing at a CAGR of 4.9% from 2014 to 2020.
  • Acrylic adhesives emerged as the leading product segment and accounted for 38.2% of total market volume in 2013. Acrylic adhesives were followed by PVA adhesives which accounted for 27.9% of total regional consumption in 2013. On the other hand, silicone sealants dominated the regional sealants consumption and accounted for 31.1% of total market volume in 2013. Silicone sealants are also expected to be the fastest growing product segment in the Country at an estimated CAGR of 5.3% from 2014 to 2020.
  • Pressure sensitive applications emerged as the leading application segment in the Country for adhesives and accounted for 26.9% of total market volume in 2013. However, furniture is expected to be the fastest growing application segment at an estimated CAGR of 6.6% from 2014 to 2020. On the other hand, construction dominated the regional sealants demand and accounted for 28.1% of total market volume in 2013.
  • Brazil dominated the regional market for both adhesives and sealants. Brazilian market for adhesives is expected to reach USD 1,168.6 million by 2020, growing at a CAGR of 6.6% from 2014 to 2020.

Request free sample of this report at http://www.grandviewresearch.com/industry-analysis/latin-america-adhesives-and-sealants-market/request.

For the purpose of this study, Grand View Research has segmented the adhesives and sealants market on the basis of technology, product, application and region:

  •      Latin America Adhesives Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Water-Based
            • Solvent-Based
            • Hot Melt
            • Reactive & Others
  •      Latin America Adhesives Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Acrylic
            • PVA
            • Polyurethanes
            • Styrenic Block
            • Epoxy
            • EVA
            • Others
  •      Latin America Adhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Pressure Sensitive Applications
            • Packaging
            • Construction
            • Furniture
            • Footwear
            • Automotive
            • Other
  •      Latin America Sealants Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Silicones
            • Polyurethanes
            • Acrylic
            • Polyvinyl Acetate (PVA)
            • Others
  •      Latin America Sealants Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Construction
            • Automotive
            • Packaging
            • Assembly
            • Pressure Sensitive Tapes
            • Consumers
            • Others
  •      Adhesives and Sealants Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Brazil
            • Mexico
            • Argentina
            • Rest of Latin America

Browse all plastics, polymers & resins market reports at http://www.grandviewresearch.com/industry/plastics-polymers-and-resins.

Latest Publication By Grand View Research:

Advanced Phase Change Materials Market Analysis By Application (Building & Construction, Commercial Refrigeration, HVAC, Energy Storage And Shipping & Transportation) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/Advanced-Phase-Change-Material-apcm-Industry) The global market for advanced phase change material is expected to reach USD 1,765.8 million by 2020, according to a new study by Grand View Research, Inc. Growing need to conserve energy across various industries and sector is expected to be one of the major driving factors for the market.

Glass Packaging Market Analysis By Application (Food and Beverage, Beer, Pharmaceuticals) And Segment Forecasts To 2020 (http://www.grandviewresearch.com/industry-analysis/glass-packaging-market-analysis) The global market for Glass Packaging is expected to reach USD 68.4 billion by 2020, according to a new study by Grand View Research, Inc. Growing beer consumption, especially in parts of Eastern Europe and Asia Pacific is expected to be a key driver for the growth of the market over the next five years. In addition, the increasing preference towards use of glass in packaging of food and beverage, pharmaceuticals and cosmetics is further expected to boost the market in the near future.

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519