Market analysis of global adhesives and sealants in 2016-2021
Market analysis of global adhesives and sealants in 2016-2021
Adhesives and sealants are widely used in various industrial fields. Opportunities for adhesives and sealants are increasing as manufacturers seek new high performance materials to glue different materials. Adhesives can be applied to various fields because they can be bonded to different substrate, aseismatic and dispersed stress. The need for environmental benefits, such as the reduction of volatile organic compounds (VOC) and the bonding of various base materials, is expected to further promote the development of global adhesives and sealants.
According to the application, the global adhesive and sealant market is mainly divided into paper & packaging, construction, transportation, carpentry, consumer goods and other application fields. In 2015, paper & packaging is the largest application field of global adhesive and sealant market. Rising demand in the consumer goods sector and the huge user base generated by population growth are expected to drive growth in paper & packaging applications.
Global adhesives and sealants are divided into asia-pacific, North America, Europe, Middle East & Africa and South America. The asia-pacific region is the largest consumer market for adhesives and sealants, and the market for adhesives and sealants in the region is likely to achieve the highest growth in the coming years. China, Japan, India and other countries are the major markets for adhesives and sealants in the asia-pacific region. In terms of consumption, China is expected to become the largest consumer market. North America and Europe are the most active markets in terms of strategic moves by market participants. But strict legal rules could limit the growth of European adhesives and sealants. As environmental concerns increase and regulatory policies increase, manufacturers are focusing on environmentally friendly products.
The main participants in the global market of adhesives and sealants, including henkel company, France, the United States 3 m boss glue, the fule, Illinois tool companies in the United States, the United States, eli denison, west card, Switzerland, the United States, franklin international, the RPM international companies in the United States and the United States, the royal adhesives & sealants co., LTD.
