Recent Research Explores The Adhesives And Sealants MarketPosted by suraj on December 4th, 2017 Adhesives are substances that possess properties capable of holding materials together in a functional manner that resists separation. Adhesives include cement, glue, paste and mucilage, which are used to hold objects together. Sealants are materials with adhesive properties that are used to seal, fill, waterproof, gaps, and joints between two surfaces. Owing to these properties, sealants are widely used in dental care to fill cavities. Moreover, due to high tensile and shear strength, adhesive are classified into two categories such as structural adhesive and nonstructural adhesives. The chemicals formulation and technology involved in adhesive and sealants are similar. Water-based adhesive and silicon-based sealants are expected to hold a dominant position in the global adhesives and sealants market over the forecast, owing to the significant expected growth in the construction, packaging, and automobiles industries, which widely employ sealants and adhesives Request sample copy of report@ https://www.coherentmarketinsights.com/insight/request-sample/253 Adhesives and Sealants Market Taxonomy
Adhesives and Sealants Market Outlook – Surging demand in Automobile and Construction Industry Augmenting Market Growth Asia Pacific is expected to be one the major revenue contributors due to the presence of emerging economies and supportive government policies in the region. For instance, Make in India initiative by Government of India aims to boost the manufacturing of passenger vehicles to 9.4 million in the country, by 2026. Moreover, due to rampant economic growth and rapid urbanization in in India and China, the demand for adhesive and sealants in Asia Pacific, is expected to witness tremendous growth over the forecast period. The growth of the market is also fueled by burgeoning growth experienced in various end-use industries in the region. Demand for modern buildings and commercial complexes with glass exteriors is increasing, in turn driving growth of the global adhesive and sealants market. Adhesives and Sealants Market Challenges – Environmental Impact Adhesive and sealants such as silver epoxy-based Electronic Conductive Adhesive (ECA) release CO2, which incurs adverse environmental impact. Moreover, due to stringent government regulation on release of VOC emission, end-use industries are actively opting for alternative to organic solvents. For instance, SIKA AG introduced a new-generation adhesive SikaBond AT-75 for wood floor bonding, meeting highest EHS regulation. This is expected to be a major challenge for growth of the adhesive and sealants market over the forecast period. Bio-based products such as soybean-derived polyols, vegetable-based polyamides, epoxies, and polyisoprenes are increasingly replacing the use of synthetic materials and additionally reducing carbon footprint. Waterbased formulations contribute to a major share in the adhesive market, whereas silicone-based sealants contribute major share in the sealants market. The market is highly dependent on raw materials such as synthetic fibers, resins, and crude oil, prices of which are highly volatile and hamper growth of the adhesives and sealants market. Adhesives and Sealants Market – Regulatory Scenario:
To know the latest trends and insights prevalent in the adhesives and sealants market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/adhesives-and-sealants-market-253 Some of the key companies leading the market are 3M, The Dow Chemicals Company, Henkel AG & Co. KGaA, Avery Dennison, Royal Adhesives & Sealants LLC, Ashland Inc., Akzo Nobel NV, Arkema SA, BASF SE, Bemis Company Incorporated, Berry Plastics Corporation, RPM International, DuPont, and Evans Adhesive Corporation Limited, among others. Manufacturers are working closely with OEMs and R&D centers of major automotive players, to bridge the demand gap and offer tailored- products. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Website: http://www.coherentnews.com Like it? Share it! More by this author |