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Key Players: 3M, Adhesives Research Inc., Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd, Beijing Comens New Materials Company Ltd, Bolton Group B.V, ADCO Global Inc., BASF SE, Ashland Inc., Bostik SA
(PRWEB) June 10, 2014
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.
Browse 145 market data tables and 39 figures spread through 498 pages and in-depth TOC on “Adhesives & Sealants”. http://www.marketsandmarkets.com/Market-Reports/adhesive-sealants-market-421.html
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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.
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Significant differences exist between Adhesives & Sealants but these differences are not recognized & hence they are often lumped together. Adhesives are materials used to hold or stick things together and are usually applied as a thin layer between two surfaces. They are advantageous for joining thin or different materials & minimizing weights. Sealants are materials which are used to fill up spaces. These spaces may be joints, gaps or cavities which exist between two substrates. Sealants are efficiently used for leakage control of fluids or gases & eliminating noise and vibration.
Asia-pacific leads the world in consumption of adhesives and sealants followed by Europe & North America. The largest market in the world is China, which is closely followed by U.S., Japan, Germany and others. Over the next five years, it is expected that Asia-pacific would increase its grip over the Adhesives and Sealants market & would remain the world leader. Key end user markets of Adhesives and Sealants vary from construction to packaging and labeling, transportation and automotive industry. The growth of these major end user industries has influenced the growth of Adhesives and Sealants Market. Asia-Pacific region dominates the world production of Adhesives and Sealants followed by Europe & North America.
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