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Elastic Bonding Adhesive and Sealant Market Worth $20 Billion by 2020


News provided by

MarketsandMarkets

Apr 29, 2015, 12:00 ET

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DALLAS, April 29, 2015 /PRNewswire/ --

The report "Elastic Bonding Adhesive & Sealant Market by Type (Polyurethane, Silicone, Silane Modified Polymer, & Others), by Application (Construction Adhesive, Industrial Adhesive, Construction Sealants, & Industrial Sealants) - Global Forecast to 2020", published by MarketsandMarkets, The global Elastic Bonding Adhesive & Sealant Market was estimated at is $14 Billion in 2014, which is projected to grow at a CAGR of 6.1% between 2015 and 2020, and reach $20 Billion by 2020.

Browse 80 market data Tables and 60 Figures spread through 164 Pages and in-depth TOC on "Elastic Bonding Adhesive & Sealant Market"

http://www.marketsandmarkets.com/Market-Reports/elastic-bonding-adhesive-sealant-market-234763009.html
Early buyers will receive 10% customization on this report.

The elastic bonding adhesive & sealant applications are significantly penetrating the end-user industry markets. They have different characteristics as per their manufacturing and application requirements in the end products. The Asia-Pacific region is expected to dominate the global market with its growing demand for elastic bonding adhesive & sealant in different application segments, such as the glazing, flooring, sanitary, automotive, and other. The Asia-Pacific is the most potential market and is estimated to grow at the highest CAGR in the next five years, with the allied industries expected to boost the overall business need in the respective regions.

R&D is expected to be a key part of the elastic bonding adhesive & sealant market as newer products with better adhesion, curing time & method, & emission characteristics which are eco-friendly in nature, can be the vital drivers of the market. Manufacturing companies, research associations, and end-product manufacturers need to infuse high investments for future advancements and technology modifications of elastic bonding adhesive & sealant to match the demands coming newer applications of various end-user industries.

Europe is the largest region, both in terms of volume and value, followed by North America and Asia-Pacific. China, India, Brazil, South-East Asian countries, and the Middle-Eastern countries are expected to continue as high growth markets. The key players in the global elastic bonding adhesive & sealant market are Henkel Corporation (Germany), Sika A.G. (Switzerland), Bostik (France), Dow chemical Company (U.S.), 3M (U.S.), H.B. Fuller (U.S.), Wacker Chemie (Germany), Weicon GmbH & Co. KG (Germany), Cemedine (Japan), ThreeBond Group (Japan), and others.

The growing automotive industry of the developed regions such as the North America & the European play a major role in the demand for the elastic bonding adhesive & sealant. Also the reviving construction industry will play a key role in pulling the demand for elastic bonding adhesive & sealant. The manufacturers are also focusing on the production of eco-friendly products in these highly regulated markets.

For Further Inquiry @  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=234763009

The elastic bonding adhesive & sealant demand, in terms of value and volume, depicts the current and future projections, according to the parallel economic and industry outlook. This analysis covers important developments, expansions, agreements, and partnerships of the leading global companies.

The global elastic bonding adhesive & sealant market was estimated at is $14 billion in 2014, which is projected to grow at a CAGR of 6.1% between 2015 and 2020, and reach $20 billion by 2020. The high demand across the industries, such as glazing, flooring, sanitary, automotive, and others, are expected to increase the overall elastic bonding adhesive & sealants consumption.

Browse Related Reports: 

Bioadhesive Market by Type (Plant Based, and Animal Based), by Application (Packaging & Paper, Construction, Wood, Personal Care, Medical, and Others) - Global Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/bioadhesive-market-16386893.html

Medical Adhesive Market by Natural Resin Type (Collagen, Fibrin), by Synthetic & Semi-Synthetic Resin Type (Acrylic, Cyanoacrylate, Epoxy, Silicone, Polyurethane), by Formulating Technology (Water, Solvent, Solids & Hot Melt) - Global Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/medical-adhesive-market-41880473.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Chemical Domain @ http://www.marketsandmarkets.com/Subscription.html

Contact:
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

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