Healthcare Adhesives & Sealants Market Analysis and Demand wi | Page 5

Adhesives & Sealants Market Strategic
Growth Insights 2030
Sealants are widely being used in manufacturing of motor vehicles owing to its capacity
to fill gaps and voids. They are also insoluble and resistance to corrosion. Moreover they
help to reduce the noise and vibration along with providing significant cost savings.
Thus, as the demand for lightweight vehicles is witnessing growth. It will in turn increase
the demand for adhesives and sealants.
Stringent Government Guidelines & Fluctuating Prices of Raw Materials
Stringent government guidelines are formulated on the usage of adhesives and sealants.
These laws are in effect owing to presence of volatile organic compounds (VOCs) in
adhesive and sealant products. These regulations has set limits for VOC emissions for
variety of products, thus are hampering the market growth. Moreover, adhesives and
sealants manufacturers are sensitive to crude oil prices owing to most of the raw
materials are sourced from crude oil. Any fluctuation in the prices of raw materials will
impact the pricing of the final product.
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