Market Overview:
The global elastic adhesives and sealants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for elastic adhesives and sealants from the construction, industrial, automotive & transportation, and other applications industries. In terms of type, the polyurethane segment is expected to lead the global elastic adhesives and sealants market during the forecast period. This can be attributed to its properties such as high thermal stability, chemical resistance, water resistance, and good adhesive strength.
Product Definition:
Elastic adhesives and sealants are used to bond and seal materials together. They are important because they provide a strong, water-resistant bond that can stretch without breaking.
Polyurethane:
Polyurethane (PU) is a polymer, which is produced from the reaction of diisocyanate and polyol. It has high thermal stability and low volatility which makes it suitable for use in various end-use industries such as automotive, construction, appliances & electronics. PU sealants are used to bond two or more materials together with the help of adhesion technology.
Silicone:
Silicone is a widely used material in the adhesive & sealant industry owing to its unique properties. It has high heat resistance, excellent elasticity and low surface energy. These characteristics make it suitable for use in various applications including footwear, automotive and construction industries.
The global silicone market size was valued at USD 2.83 billion in 2016.
Application Insights:
The construction application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The growth can be attributed to increasing urbanization, which is leading to an increase in construction activities globally. Moreover, rapid industrialization and growing middle-class population are expected to drive the demand for infrastructure, thereby supporting segment growth over the forecast period.
Elastic adhesives find wide applications in industrial assembly as they offer high strength with flexibility required by modern manufacturing facilities. They also offer superior performance under vibration & shock conditions as well as at elevated temperatures without suffering from shrinkage or expansion issues like other products do under these conditions. These types of products are widely used across several industries including food processing plants, chemical plants petrochemical refineries etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as low population density, high per capita income of consumers as well as industrial workers and rapid urbanization & infrastructure development.
China has been one of the fastest-growing markets for elastic adhesives & sealants globally owing to increasing construction activities in major cities along with growing investments in residential buildings by government agencies at state level governments (i.e., provincial governments) across provinces including Guangdong, Fujian and Jiangsu Provinces. This trend is projected to drive demand for building materials such as windows & door frames; flooring systems; kitchen cabinets; bathroom accessories etc.
Growth Factors:
- Increasing demand for elastic adhesives and sealants from automotive and construction industries due to their properties such as high bonding strength, weather resistance, and durability.
- Rising demand for adhesive tapes from the packaging industry as they are used in a wide range of applications such as sealing, bundling, reinforcing, and masking.
- Growing use of elastic adhesives and sealants in medical devices owing to their biocompatibility properties. This is expected to boost the market growth during the forecast period.
- Increasing investments by key players in research & development activities to develop innovative products that can cater to the specific needs of different end-use industries is likely to propel the market growth over the next few years. 5) Technological advancements that have led to introduction of new products with better performance characteristics are also anticipated to fuel market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastic Adhesives & Sealants Market Research Report
By Type
Polyurethane, Silicone, SMP, Others (Rubber, Acrylic, SPS, etc.)
By Application
Construction, Industrial, Automotive & Transportation
By Companies
Henkel AG & CO. KGAA (Germany), Arkema S.A. (France), H.B. Fuller Company (US), DuPont Inc. (US), Sika AG (Switzerland), M Company (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Elastic Adhesives & Sealants Market Report Segments:
The global Elastic Adhesives & Sealants market is segmented on the basis of:
Types
Polyurethane, Silicone, SMP, Others (Rubber, Acrylic, SPS, etc.)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Industrial, Automotive & Transportation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel AG & CO. KGAA (Germany)
- Arkema S.A. (France)
- H.B. Fuller Company (US)
- DuPont Inc. (US)
- Sika AG (Switzerland)
- M Company (US)
Highlights of The Elastic Adhesives & Sealants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane
- Silicone
- SMP
- Others (Rubber, Acrylic, SPS, etc.)
- By Application:
- Construction
- Industrial
- Automotive & Transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elastic Adhesives & Sealants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elastic adhesives and sealants are products that are used to join two surfaces together. They can be used in a variety of applications, including construction, manufacturing, and engineering. Elastic adhesives and sealants can be heat or cold-activated, which allows them to bond quickly and easily under different conditions.
Some of the major companies in the elastic adhesives & sealants market are Henkel AG & CO. KGAA (Germany), Arkema S.A. (France), H.B. Fuller Company (US), DuPont Inc. (US), Sika AG (Switzerland), M Company (US).
The elastic adhesives & sealants market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elastic Adhesives & Sealants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Elastic Adhesives & Sealants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elastic Adhesives & Sealants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Elastic Adhesives & Sealants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Elastic Adhesives & Sealants Market Size & Forecast, 2020-2028
4.5.1 Elastic Adhesives & Sealants Market Size and Y-o-Y Growth
4.5.2 Elastic Adhesives & Sealants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyurethane
5.2.2 Silicone
5.2.3 SMP
5.2.4 Others (Rubber
5.2.5 Acrylic
5.2.6 SPS
5.2.7 etc.)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Industrial
6.2.3 Automotive & Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastic Adhesives & Sealants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elastic Adhesives & Sealants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyurethane
9.6.2 Silicone
9.6.3 SMP
9.6.4 Others (Rubber
9.6.5 Acrylic
9.6.6 SPS
9.6.7 etc.)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Industrial
9.10.3 Automotive & Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyurethane
10.6.2 Silicone
10.6.3 SMP
10.6.4 Others (Rubber
10.6.5 Acrylic
10.6.6 SPS
10.6.7 etc.)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Industrial
10.10.3 Automotive & Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyurethane
11.6.2 Silicone
11.6.3 SMP
11.6.4 Others (Rubber
11.6.5 Acrylic
11.6.6 SPS
11.6.7 etc.)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Industrial
11.10.3 Automotive & Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyurethane
12.6.2 Silicone
12.6.3 SMP
12.6.4 Others (Rubber
12.6.5 Acrylic
12.6.6 SPS
12.6.7 etc.)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Industrial
12.10.3 Automotive & Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyurethane
13.6.2 Silicone
13.6.3 SMP
13.6.4 Others (Rubber
13.6.5 Acrylic
13.6.6 SPS
13.6.7 etc.)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Industrial
13.10.3 Automotive & Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elastic Adhesives & Sealants Market: Competitive Dashboard
14.2 Global Elastic Adhesives & Sealants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel AG & CO. KGAA (Germany)
14.3.2 Arkema S.A. (France)
14.3.3 H.B. Fuller Company (US)
14.3.4 DuPont Inc. (US)
14.3.5 Sika AG (Switzerland)
14.3.6 M Company (US)
