Global Adhesives and Sealants 2015 Market Size and Share, Growth, Market Price, Analysis, Forecast and Overview

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Global Adhesives and Sealants Industry 2015 Market
Size and Share, Growth, Market Price, Analysis,
Forecast and Overview

The global market for adhesives and sealants is expected to reach USD 43,195.5 million by 2020. Growth
of construction, automotive and packaging industries, mainly in China, India and Brazil is expected to
drive the demand for both adhesives and sealants over the forecast period. However, fluctuation in
prices of key feedstocks is expected to remain a primary challenge for industry participants. In addition,
stringent regulatory framework, mainly in the U.S. and Europe, owing to growing environmental
concerns is expected to hinder the market growth over the next six years.
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Further key findings from the study suggest:
The global market for adhesives was 8.976.6 kilo tons in 2013 and is expected to reach 12,392.2 kilo tons
by 2020, growing at a CAGR of 4.7% from 2014 to 2020. On the other hand, the global market for
sealants was 1,764.5 kilo tons in 2013 and is expected to reach 2,371.5 kilo tons by 2020, growing at a
CAGR of 4.3% from 2014 to 2020.
Acrylic adhesives emerged as the leading product segment in the overall market for adhesives and
accounted for 36.9% of total market volume in 2013. Acrylic adhesives are also expected to be the
fastest growing adhesive product at an estimated CAGR of 5.3% from 2014 to 2020. Acrylic adhesives
were followed by Polyvinyl Acetate (PVA) adhesives which accounted for 28.1% of total market volume
in 2013. Silicones emerged as the leading product in the overall sealants market and accounted for
30.3% of total market volume in 2013. Along with being the largest product segment, silicones are also
expected to be the fastest growing, at an estimated CAGR of 4.9% from 2014 to...