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The global adhesives and sealants market was valued at US$ 59.7 Billion in 2021.
We expect the global adhesives and sealants market to exhibit a CAGR of 5.4% during 2022-2027.
The increasing demand for adhesives and sealants as binding agents over mechanical fasteners, such
as welds, screws, fasteners, etc., enabling the production of lightweight and compact components, is
currently driving the global adhesives and sealants market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of various end-use
industries for adhesives and sealants.
Based on the adhesive type, the global adhesives and sealants market has been divided into acrylic,
PVA, polyurethanes, styrenic block copolymers, epoxy, EVA, and others. Currently, acrylic exhibits a
clear dominance in the market.
Based on the sealant type, the global adhesives and sealants market can be categorized into acrylic,
silicone, polyurethane, butyl, and others. Among these, silicone currently holds the majority of the
global market share.
Based on the technology, the global adhesives and sealants market has been segmented into water-
based, solvent-based, hot melt, reactive, and others. Currently, water-based technology represents
the largest market share.
Based on the application, the global adhesives and sealants market can be bifurcated into
paperboard and packaging, building and construction, transportation, leather and footwear,
furniture, and others. Among these, the building and construction segment currently accounts for
the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global adhesives and sealants market include 3M Company,
Arkema S.A, Ashland Global Specialty Chemicals Inc., Avery Dennison Corporation, Beardow
& Adams (Adhesives) Limited, Eastman Chemical Company, H.B. Fuller Company, Henkel AG
& Co.KGaA, Sika AG, and Wacker Chemie AG.
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