NEW YORK, July 13, 2015 /PRNewswire/ -- The report covers the global adhesives & sealants market and further segments the market on the basis of chemistry type, formulating technology, application, and region. The market data for these types is given with respect to volume (kilotons) and value ($million). The global market value of adhesives & sealants is estimated to be $45.36 billion in 2015 and is projected to grow at a CAGR of about 4.72% between 2015 and 2020. The data mentioned in the report are based on the global demand for adhesives & sealants.
The global market for adhesives & sealants has been analyzed based on the Porter's five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers, resin producers, adhesive manufacturers, and end-user industries. The value chain describes the key contributors to the adhesives & sealants market at different stages from product development to end use. It represents the top players which are contributing to the global adhesives & sealants industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support, public awareness, application growth for adhesives & sealants in Asia-Pacific especially in China and India where there is robust growth in the assembly of devices industry. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the resins in the past made the market more strained adhesives.
The global adhesives & sealants market is also classified based on different applications. The important applications include paper & packaging, construction, wood, transportation, consumer, leather & footwear, and others.
The key companies in this market are Henkel AG & Company (Germany), 3M Company (U.S.), Bostik Ltd. (France), H.B. Fuller (Netherlands), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), Franklin International (U.S.), RPM International Inc. (U.S.), and Royal Adhesives & Sealants, LLC (U.S.). These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. New product launches were the most preferred strategies by the top players in 2013 that were driving the demand of adhesives & sealants. Their strategy to capture the untapped market in developing economies includes agreements, collaborations, and joint ventures.
Growth in the Asia Pacific region is expected to outpace that of both the US and Europe. Asia Pacific growth is forecast to be about 6.23% during the period as more manufacturing is shifted to that region, although much of the finished product will be manufactured for US and European healthcare markets.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, investments and expansions, new product launches, agreements and collaborations undertaken by the leading adhesives & sealants companies in the past few years. Furthermore, different adhesives & sealants market participants are also profiled in the report.
Scope of the report
The global adhesives & sealants market is segment as follows:
The global adhesives & sealants market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the basis of technology type:
- Reactive & Others
On the basis of chemistry type:
Water-based Adhesives Market, By Chemistry Type
- Polyacrylic Ester Emulsion
- Polyvinyl Acetate Emulsion
- Vinyl Acetate Ethylene Emulsion
Solvent-based Adhesives Market, By Chemistry Type
- Styrene Butadiene and Styrene Rubber Resin
- Chloroprene Rubber
Hot-Melt-based Adhesives Market, By Chemistry Type
- Ethylene Vinyl Acetate Resin
- Styrenic Block Copolymers
Reactive and Others based Adhesives Market, By Chemistry Type
- Cyanoacrylate & Modified Acrylic
Sealants Market, By Chemistry Type
Adhesives Market, By Application
- Paper & Packaging
- Leather & Footwear
Sealants Market, By Application
On the basis of region:
- North America
The market is further analyzed for key countries in each of these regions.
Read the full report: http://www.reportlinker.com/p03086434-summary/view-report.html
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: firstname.lastname@example.org
Intl: +1 339-368-6001