According to the report published by the Market Research Store, global demand for the adhesives sealants lubricants market was estimated at approximately USD 4,500.6 Million in 2020 and is expected to generate revenue of around USD 6,000.1 Million by end of 2026, growing at a CAGR of around 4.8% between 2021 and 2026.
Global Adhesives Sealants Lubricants Market: Overview
The adhesive is used to hold two surfaces together for an indefinite length of time and differing amounts of stress. Sealant, on the other hand, is used to block the passage of fluids through the surface or joints or openings in materials, a type of mechanical seal. The main difference between adhesives & sealants is strength and other physical characteristics related to strength. Sealants are not adhesives, but some have adhesive qualities and are called adhesive sealants or structural sealants. Many adhesive technologies can be formulated into sealants.
| REPORT SNAPSHOT & REPORTING DATA TIMEFRAME |
| Parameter | Details |
| Historical Date ( Actual Data) | 2016 - 2020 |
| Base Year Data | 2020 |
| Current Year Data | 2021 |
| Projected Data | 2021 - 2026 |
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Report coverage
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Revenue forecast, company ranking, competitive landscape, growth factors, and trends
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Segments covered
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product type, application, region
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Regional scope
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North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
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Country Scope
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U.S.; Canada; Mexico; Germany; France; U.K.; China; Japan; South Korea; Singapore; Malaysia; Brazil; Saudi Arabia
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Customization scope
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Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research needs. Explore purchase options
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Global Adhesives Sealants Lubricants Market: Growth Factor
Due to the increase in demand for adhesives sealant lubricants in electronic and automotive production, the global adhesives sealants lubricants market for the manufacturing industry is likely to get bigger during the forecast period. Adhesives sealants lubricants are widely used across a broad spectrum of industries including electronics & electrical, aerospace, automotive, food & beverages, and transportation. Numerous manufacturers involved in the current market landscape are also probably to focus on improving the quality and functional properties along with the recyclability and Energy efficiency to gain a competitive edge. In addition, the access of new industrialized technology together with increasing usage of new materials in the improvement of adhesives sealants lubricants are some of the major factors that are projected to propel the overall growth of the global adhesives sealants lubricants market shortly. Moreover, adhesives sealant lubricants play a significant role in the automotive industry as they focus on the reduction of vehicle weight in the production of electric vehicles which is the essential factor boosting the global market during the forecast period.
Environmental and health concerns caused by the increase in carbon footprint and instability in prices of raw materials have driven manufacturers operating in the global adhesives sealants lubricants market to generate bio-based adhesives. These bio-based adhesives not only offer environmental benefits by decreasing carbon footprint but also help lower the total production cost of adhesives sealants lubricants, as compared to that of their synthetic alternatives.
Furthermore, market players are estimated to increase their eye mergers & acquisitions, manufacturing capacity, and increasingly tap into beneficial opportunities in the developing regions such as India, China, Vietnam, Brazil, etc.
Global Adhesives Sealants Lubricants Market: Segmentation
The global adhesives sealants lubricants market is classified into adhesive type, sealant type, and application. Based on the adhesive type, the market is divided into acrylic, epoxy, ethyl vinyl acetate, polyurethane, polyvinyl acetate, styrenic block, UV adhesive, silicone, and others. Based on the sealant type, the market is segmented into acrylic, epoxy, polyvinyl acetate, polyurethane, modified silane polymer, silicone, and others. Based on the application, the adhesives sealants lubricants market is separated into electronics & electrical, appliance manufacturing, aerospace manufacturing, battery production, automotive assembling, and others.
Global Adhesives Sealants Lubricants Market: Regional Analysis
In terms of region, Asia-Pacific is dominating the global adhesives sealants lubricants market for the production industry in 2019. Expansion of the industrialized sector in countries such as China, India, and Japan is expected to boost the demand for adhesives sealants lubricants in the automotive and electrical & electronics industry. The rise in automotive production in the regions of China and India is driving the demand for adhesives sealant lubricants in the manufacturing industry. North America and Europe are the key regions of the global adhesives sealants lubricants market for the manufacturing industry in the forecast period.
Due to broadly used in a wide range of applications Germany, the U.K., and France are contributing to the largest share market in adhesives sealants lubricants for the manufacturing industry in Europe. Various countries in Europe, particularly Germany, Russia, Turkey, and France are key producers of automotive owing to the demand for adhesives & sealants. This is likely to boost the market in these regions in the forthcoming years.
Global Adhesives Sealants Lubricants Market: Competitive Players
Some major players driving in the global adhesives sealants lubricants market involves KCC Corporation, Henkel AG, and Co. KGaA, Bostik SA, H.B. Fuller Company, Sika AG, RPM International Inc., The 3M Company, Avery Dennison Corporation, Dow Inc., Illinois Tool Works Inc., Ashland, and Huntsman International LLC.
For instance, Avery Dennison Corporation is a multinational manufacturer and distributor of pressure-sensitive adhesive materials (such as self-adhesive labels), apparel branding labels and tags, RFID inlays, and specialty medical products. It ranked number 435 on the 2015 Fortune 500 list with total sales of $7.0 billion. Its main lines of business are pressure-sensitive materials (contributing 73% of 2015 revenues) and retail branding and information solutions (contributing 26% of 2015 revenues). The company operates in more than 50 countries and employs 25,000 people worldwide.
Global Adhesives Sealants Lubricants Market: By Adhesive Type
- Acrylic
- Epoxy
- Ethyl Vinyl Acetate [EVA]
- Polyurethane [PU]
- Poly Vinyl Acetate [PVA]
- Styrenic Block
- UV Adhesive
- Silicone
- Others
Global Adhesives Sealants Lubricants Market: By Sealant Type
- Acrylic
- Epoxy
- Poly Vinyl Acetate [PVA]
- Polyurethane [PU]
- Modified Silane Polymer [MS]
- Silicone
- Others
Global Adhesives Sealants Lubricants Market: By Application
- Electronics & Electrical
- Appliance Manufacturing
- Aerospace Manufacturing
- Battery Production
- Automotive Assembling
- Others
Global Adhesives Sealants Lubricants Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
What are the key factors driving adhesives sealants lubricants market expansion?
Due to the increase in demand for adhesives sealant lubricants in electronic and automotive production, the global adhesives sealants lubricants market for the manufacturing industry is likely to get bigger during the forecast period.
What will be the value of adhesives sealants lubricants market during 2021- 2026?
The global demand for the adhesives sealants lubricants market was estimated at approximately USD 4,500.6 Million in 2020 and is expected to generate revenue of around USD 6,000.1 Million by end of 2026, growing at a CAGR of around 4.8% between 2021 and 2026.
Which region will make notable contributions towards global adhesives sealants lubricants market revenue?
In terms of region, Asia-Pacific is dominating the global adhesives sealants lubricants market for the production industry in 2019.
What are the key players leveraging adhesives sealants lubricants market growth?
Some major players driving in the global adhesives sealants lubricants market involves KCC Corporation, Henkel AG and Co. KGaA, Bostik SA, H.B. Fuller Company, Sika AG, RPM International Inc., The 3M Company, Avery Dennison Corporation, Dow Inc., Illinois Tool Works Inc., Ashland, and Huntsman International LLC.
