Bulkchemicals Market Reports Adhesive and Sealant Market
Hexa Research
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Adhesive and Sealant Market Share, Size, Analysis, Growth,
Trends and Forecasts, 2016 to 2024 | Hexa Research
The global adhesive and sealant market is estimated to reach nearly USD 52 billion by
2024 (2016 to 2024 - forecast period). Adhesives are substances which permanently join
two surfaces or materials. Sealants, on the other hand, are used to bind the gaps between
two materials. They prevent liquid-seepage through openings.
The market had a demand of 11.7 million tons (in terms of volumes) in 2015. Growth of
automotives, packaging, and construction industries is anticipated to fuel these volumes
till 2024. Infrastructural developments and need for reducing vehicular-weights are the
primary market drivers. Strict regulations encouraging bio-based products can challenge
market growth.
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