Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for nanotechnology industry professionals · Thursday, February 20, 2025 · 787,582,556 Articles · 3+ Million Readers

Adhesives and Sealants Market CAGR of 5.1%, Precision Pathways Navigating the Importance of Market Segmentation

Adhesives and Sealants Market Insights

Adhesives and Sealants Market Insights

Advancements in adhesive and sealant formulations have led to increased adoption across diverse industries, including automotive, aerospace, and healthcare.

WILMINGTON, DE, UNITED STATES, February 17, 2025 /EINPresswire.com/ -- The global adhesives and sealants market is witnessing significant growth, driven by technological advancements, increasing R&D activities, and rising demand for electrical & electronic devices. Additionally, increased government spending on the building & construction sector is further fueling market expansion.

According to a report by Allied Market Research, the market was valued at $51.9 billion in 2020 and is projected to reach $85.0 billion by 2030, growing at a CAGR of 5.1% from 2021 to 2030. The report provides a comprehensive analysis of investment opportunities, key market drivers, competitive landscape, and emerging trends.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1404

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

- Technological Innovations & R&D: Advancements in adhesive and sealant formulations have led to increased adoption across diverse industries, including automotive, aerospace, and healthcare.
- Booming Construction Sector: Government infrastructure projects and residential developments continue to boost demand.
- Sustainability Trends: The rise of eco-friendly, non-hazardous adhesives presents lucrative growth opportunities.

However, health concerns related to VOC emissions and regulatory pressures pose challenges to market expansion. Growing public awareness regarding environmental impact may also slow demand in certain sectors.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

- By Product Type: The adhesives segment accounted for over 80% of the total market share in 2020 and is expected to dominate through 2030. Meanwhile, the sealants segment is projected to grow at the fastest CAGR of 5.4% during the forecast period.
- By Application: The building & construction sector led the market in 2020, capturing nearly one-third of the total revenue. However, the medical segment is expected to witness the highest CAGR of 6.0% through 2030.
- By Region: The Asia-Pacific region held over 40% of the global market in 2020 and is expected to maintain its lead, exhibiting the fastest CAGR of 5.6%.

Key Market Players

Prominent companies shaping the adhesives and sealants market include:

- Arkema S.A.
- BASF SE
- Evonik Industries AG
- H.B. Fuller
- Henkel AG & Co. KGAA
- Lord Corporation
- Scott Bader Co.
- Sika AG
- The 3M Company
- Uniseal, Inc.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/adhesives-sealants-market/purchase-options

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+ + 1 800-792-5285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube

Powered by EIN Presswire

Distribution channels: Building & Construction Industry, Furniture & Woodworking Industry

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release