Global Adhesives & Sealants Market Report 2014 Edition: MarketResearchReports.Biz
Albany, NY (PRWEB) July 21, 2014 -- Adhesive is a broad term as it incorporates various materials like cement, glue, mucilage, and paste among others. Adhesives majorly comprise of polymers, which harden either in a physical manner or as a result of a chemical reaction, and are generally classified on the basis of their curing, or bonding, mechanism. On the other hand, sealant is a soft, pliable material that changes state to become solid after application, and is chiefly employed for the prevention of air, noise, dust, fire, smoke, and liquid penetration, where structural strength is not required. Sealants fall between the higher-strength adhesives and extremely low-strength putties and caulks. Adhesives and sealants are categorized on the basis of whether the bonding involves a physical or chemical mechanism.
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The key factors driving growth of the global adhesives and sealants industry include expanding construction industry, growing transportation sector and increasing demand of green products. The end-use markets for the adhesives and sealants are highly correlated with the global economic conditions and the GDP. The global adhesives and sealants market is likely to be driven by the ameliorating Asia Pacific markets, skewed trends in the US transportation sector and increasing demand for more environment friendly products. In addition, the growing application of adhesives in the medical applications is expected to bring new opportunities to the market. However, the growth of global adhesives and sealants industry is hindered by the strict regulatory compliance imposed on manufacturers and fluctuating raw material prices.
Adhesives and sealants are utilized in several industries including packaging, automotive, electronics, footwear, construction repair and remodeling, textiles, consumer goods, and shipbuilding. Among all the applications, packing, construction industry, durable assembly and transportation sector accounts a major part of adhesives and sealants.
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The present report offers a comprehensive analysis of the global adhesives and sealants market along with a detailed study of the regional markets including North America, Japan, Asia and Europe. The competition in the respective market is intense with few large players viz. Henkel, H.B. Fuller, Sika and 3M. The competitive landscape along with the company profiles of the leading players in the market is discussed in detail.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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Medical Adhesives And Sealants Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018
Adhesives and sealants which are used for transdermal drug delivery system, first aid bandages and dental restoration are known as medical adhesives and sealants. The market for global medical adhesives and sealants in now recovering and is expected to be on a fast track from here on. The global market for medical adhesives and sealants is majorly driven by the fast growing ageing population especially in Japan, North America and Europe, the development of new biomaterial adhesives like albumin compounds and fibrin.
New chemistries/technologies coming up for developing new products is the global medical adhesives and sealants market and the easy acceptance of such products by medical practitioners. Huge opportunities lie in developing products like cynoacrylate and plasma/protein based adhesives which are expected to grow at a rapid pace in the near future.
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