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Adhesives Market Share

Report ID: GMI372
Published Date: Feb 2021
Report Format: PDF

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Adhesives and Sealants Market Share

Global adhesive and sealants industry is fragmented and includes various market players such as

HB Fuller
Sika
Huntsman Corporation
DowDuPont
Avery Dennison Corporation
Arkema
3M Company
RPM International Inc.
PPG Industries
Lord Corporation

Companies are primarily engaged in strategic acquisitions to expand production capacity and distribution network.

Huntsman Corporation announced to acquire a North American company named Gabriel Performance Products in December 2020. The Gabriel performance product company manufactures specialty adhesives, sealants, coatings and epoxy curing agents. This acquisition shall broaden the specialty portfolio and boost the adhesives and sealants market value.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global share of adhesives industry had reached USD 43.7 billion during 2020 and is anticipated to register about 5.3% CAGR over 2021-2027.

The industry share from packaging applications is projected to exceed USD 1.7 billion by 2027 owing to high cohesive strength, water resistance and other benefits offered by the sealants.

The size of global water based adhesive industry was over USD 22 billion during 2020 and will hit 5.5% CAGR up to 2027 with increasing consumption of eco-friendly products.

The market for EVA adhesives hit USD 2.3 billion in valuation in 2020 and the share will expand with high demand for co-polymer adhesive in furniture & wood applications.

It is estimated that APAC adhesives industry size will expand at more than 6% CAGR through 2027 with China, India and Japan being some of the key regional markets due to high construction spending.