Report Highlights
The global market for adhesives & sealants or joining and fastening is estimated to increase from $63.7 billion in 2023 to reach $81.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.
Report Includes
- 138 data tables and 40 additional tables
- An overview of the global markets for adhesives & sealants/joining and fastening
- Analysis of global market trends, featuring historical revenue data for 2023, estimated figures for 2024, forecasts for 2025, 2027, and 2029, and projected CAGRs through 2029
- Identification of the new opportunities, challenges, and technological changes in the industry
- Market share analysis by type, end use and region
- Coverage of the history, benefits, concepts and importance of the adhesives and sealants industry, along with an analysis of pricing and the regulations and standards for these products
- Insight into upcoming opportunities in the various market segments and sub-segments
- Description of the product and technology life cycles of various types of adhesives and sealants
- A look at the methods of manufacturers and users in maintaining ecological balance
- Discussion of the environmental impact of the use of each type of adhesive and sealant
- Analysis of R&D activity and product launches
- Analysis of the key companies’ mergers and acquisitions, joint ventures, collaborations, and other market strategies
- Company profiles of major players within the industry, including Henkel AG & Co. KGaA, H.B. Fuller Co., Dow, Arkema, and Sika AG
Report Scope
The adhesive and sealants industry is vital to the ever-changing global economy and provides solutions for complex challenges in numerous sectors. Adhesives can bond to at least two surfaces, whereas sealants can adhere to at least two surfaces and fill the space between them, forming a barrier or protective covering. Although they share a similar purpose, sealants have a unique application area.
Growing industrialization has increased the demand for adhesives and sealants, which is a factor driving the market's growth. Further, developing new adhesive and sealant products and advancing manufacturing techniques contribute to the market's vitality. The adhesive and sealant market plays a crucial role in addressing the challenges of adhesive and sealant demand in industrial and consumer applications.
This report provides an overview of the key parameters that industries and regulatory bodies consider when evaluating the advancements and growth of adhesives and sealants in the binding and joining sector. This report primarily focuses on adhesives and sealants and their industrial application in sectors such as transportation, woodworking, packaging, construction, medical and healthcare, consumer goods and others. BCC Research analyzed essential categories and regions to determine the present and future adhesives and sealants or joining and fastening market status and forecasted market growth from 2024 to 2029. This report also discusses market strategies, market ESG development, key players in countries and market driving forces. The report segments the market by region, based on Asia-Pacific, Europe, North America and the Rest of the World (RoW).
The global markets for adhesives and sealants or joining and fastening is segmented into the following categories:
- Type (adhesive and sealant) is further segmented into adhesive by technology (hot melt adhesives, solvent-based adhesives, water-based adhesives, reactive adhesives and others), adhesive by chemicals (acrylic, cyanoacrylate, epoxy, polyurethane, silicon and others), adhesive by curing technique (physically hardening adhesives, chemically curing adhesives, pressure sensitive adhesives), sealant by class (one-component, two-component and sealant tape), and sealant by chemicals (silicone, polyurethane, acrylic, butyl and others).
- End-use by type (adhesive and sealant) is further segmented into adhesives (packaging, transportation, building and construction, woodworking, consumer/DIY and others) and sealants (transportation, building and construction, consumer/DIY and others).
Market estimations and size are provided in terms of value ($ millions), with 2023 serving as the base year and market forecasts given for the period 2024 through 2029. Regional-level market sizes, with respect to technology and end user, are also provided.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||
| Forecast period considered | 2024-2029 | ||||||||||
| Base year market size | $63.7 Billion | ||||||||||
| Market size forecast | $81.6 Billion | ||||||||||
| Growth rate | CAGR of 4.3% for the forecast period of 2024-2029 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | Type, End-Use | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World | ||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, Italy, France, U.K., Spain, Japan, China, India, Thailand, Singapore, Vietnam, Middle East and Africa | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Expansion of the construction and automotive industries worldwide
- Increasing demand from packaging, furniture, footwear, and appliance industries
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Jason Chen has been an analyst and consultant for the polymer, composite, fibre, textile and energy industries for 19 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.
Report Highlights
The global market for adhesive and sealants is estimated to grow from $59.6 billion in 2021 to $74.3 billion by 2026, at a compound annual growth rate (CAGR) of 4.5% during the forecast period of 2021-2026.
Report Includes
- 353 data tables and 68 additional tables
- An up-to-date analysis of the global markets for adhesives and sealants within the industry
- Analyses of the global market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Highlights of emerging market potential of various types of adhesives and sealants, and identification of product opportunities from the viewpoint of the company’s strengths
- Evaluation and forecast the overall market size in dollar value terms, and their corresponding market share analysis based on product, technology, type, chemistry, application, and geographic region
- Coverage of history, benefits, concepts and importance of the adhesives and sealants industry; price analysis; and information on various regulations and standards for these products
- Understanding of the upcoming market opportunities and areas of focus to forecast this market into various segments and sub-segments
- Description of product lifestyle and technology life cycle (TLC) of various types of adhesives and sealants, and methods employed by various manufacturers and users in maintaining ecological balance
- Discussion on environmental impact of utilization of various types of adhesives and sealants
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Insight into the company competitive landscape of leading global manufacturers, their R&D activities, product innovations, and recent market developments
- Comprehensive company profiles of the market leading players, including Dow Inc., Bostik – An Arkema Co., Henkel AG & Co. KGaA, H.B. Fuller Co., and SIKA AG
Report Highlights
The global adhesives and sealants market should reach $81.8 billion by 2023 from $63.7 billion in 2018 at a compound annual growth rate (CAGR) of 5.1% for the period 2018 to 2023.
Report Includes
- 99 data tables and 37 additional tables
- An overview of the global markets for adhesives and sealants within the industry
- Analyses of global market trends with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Study and impact analysis of various types of new raw materials, which are being used with increasing newer applications
- Information on the product life style and technology life style (TLC) of various types of adhesives and sealants and methods employed by various manufacturers and users in maintaining ecological balance
- Profiles of various major manufacturers and suppliers of adhesives and sealants, including 3M Co., Dow Corning Corp., H.B. Fuller Co., Power Adhesives, Ltd., Scott Bader Co. Ltd., Total S.A. and Wisdom Adhesives
Report Highlights
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The global market for adhesives and sealants by product type was valued at $39.1 billion in 2009. This market is expected to reach $40.8 billion in 2010 and $52.1 billion in 2015, a compound annual growth rate (CAGR) of 5%.
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Medical applications are expected to exhibit faster growth than other applications. This segment was worth an estimated $1 billion in 2010 and is expected to reach nearly 1.3 billion in 2015, a compound annual growth rate (CAGR) of 5.1%.
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The construction segment will grow at a 4.9% compound annual growth rate (CAGR) over the 5-year forecast period. This segment was worth $4.8 billion in 2010 and is expected to reach a value of $6.2 billion in 2015.
Report Highlights
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The global market for adhesives and sealants increased from $35.6 billion in 2006 to an estimated $36.9 billion in 2007. It should reach $46.4 billion by 2012, a compound annual growth rate (CAGR) of 4.7%.
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The Far East represents the highest growth region. China, South Korea, Taiwan and Vietnam especially are expected to see significant growth.
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Products expected to see the most growth include electronics adhesives for printed wiring boards, hot melt systems and automotive applications.
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