The water-based adhesives have been further segmented by the product type into acrylic, polyvinyl acetate( PVA), ethylene vinyl acetate( EVA), latex, and others. The solvent-borne adhesives market has been further segmented into- styrene buta-styrene( SBS), chloroprene rubber( CR), polyacrylate, and others. Hot-melt adhesives market has been segmented into ethylene vinyl acetate, synthetic rubbers, and others.
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific has the highest share in the market, by volume and revenue, accounting for about 40 % of the global share regarding revenue. This region is expected to be the fastest-growing during the forecast period, owing to the presence of emerging and developing countries in the region.
Opportunities and Major Players
The increasing adoption of adhesive bonding technologies, instead of conventional bonding technologies, availability of high-performance materials, and accelerating demand for electric vehicles across the world will offer numerous opportunities for the growth of the global adhesives and sealants market. Globally, there are more than 1,500 suppliers competing in the sector( 500 in the United States), with the top 10 suppliers accounting for slightly less than 50 % of the overall market.
Some of the major companies dominating this market for its products, services, and continuous product development, include:
� Henkel AG & Co. KGaA � 3M � HB Fuller � Arkema Group( Bostik) � ITW( Illinois Tools Works) � Sika
Key Deliverables in the Study
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Market analysis for the global adhesives and sealants market, with region specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities. Extensively researched competitive landscape section with profiles of major companies along with their market share. Identification and analysis of the macro and micro factors that affect the global adhesives and sealants market on both global and regional scales. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Insights on the major countries / regions where this industry is growing and also identify the regions that are still untapped.
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