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Adhesives And Sealants Market size was valued at USD 63.66 billion in 2021 and is poised to grow from USD 67.48 billion in 2022 to USD 114.01 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).
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Global Adhesives And Sealants Market Size, Share, Growth Analysis, By Product Type By Distribution Channel- Industry Forecast 2023-2030 Adhesives And Sealants Market size was valued at USD 63.66 billion in 2021 and is poised to grow from USD 67.48 billion in 2022 to USD 114.01 billion by 2030, growing at a CAGR of 6% in the forecast period (2023- 2030). An adhesive is a chemical mixture that joins two surfaces to form a single unit, whereas a sealant is a semisolid substance used to halt fluid leakage. Because they have strong shear and tensile strengths, adhesives are perfect for holding and bonding applications. On the other hand, sealants are used to fill gaps and prevent substrates from shifting with respect to one another. Adhesives and sealants are made using similar chemicals and procedures in many different industries, such as paper packaging, woodworking, footwear production, building & construction, electrical & electronics, automotive, and others. The demand for a variety of electrical and electronic gadgets, including tablets, smartphones, laptops, and others where adhesives and sealants are frequently utilised for bonding various
components, has increased due to a rise in technological breakthroughs and R&D efforts, which is one of the main factors propelling growth of the adhesives and sealants market. Adhesives and sealants are frequently used to patch gaps, holes, and seal joints in the building and construction industry, which has also seen significant expansion due to reasons like population growth, urbanisation, and increased government investment. The global adhesives and sealants market has grown as a result of the increase in demand for these products in the building and construction industry. Medical adhesives come in a wide variety of alternatives and uses, from silicones and epoxies to acrylic-based adhesives. Medical adhesives have flourished alongside the development of new medical procedures and technology, finding their way into the designs of a variety of medical devices. In a study conducted at Pusan National University, Yangsan, South Korea in 2019 found incidence rate of medical adhesives - related skin injury (MARSI) in a paediatric intensive care unit was 58.3 MARSIs per 100 patients.
Global Adhesives And Sealants Market Segmental Analysis Global Adhesives And Sealants Market is segmented based on adhesive technology, sealant resin, adhesive end-use industry, sealant end-use industry and region. Based on the adhesive technology, the global adhesives and sealants market is segmented into water-based, solvent-based, hot-melt, reactive& others. Based on the adhesive end-use industry, the global adhesives and sealants market is segmented paper & packaging, building & construction, woodworking, consumer/DIY, automotive & transportation, leather & footwear & others. Based on the sealant resin, the Adhesives And
Sealants Market is divided into silicone, polyurethane, emulsion, polysulfide and others. Based on the sealant end- use industry, the Adhesives And Sealants Market is divided into building & construction, automotive & transportation, consumer & others. Based on region, Adhesives And Sealants Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA. VIEW-MORE https://www.skyquestt.com/report/adhesives-and- sealants-market Adhesives And Sealants Market Top Player's Company Profiles •Henkel AG & Co. KGaA •3M •H.B. Fuller Company •Sika AG •Bostik SA •Arkema Group •The Dow Chemical Company •BASF SE •Ashland Global Holdings Inc.
•Avery Dennison Corporation •Huntsman Corporation •Illinois Tool Works Inc. •Jowat SE •Momentive Performance Materials Inc. •Pidilite Industries Ltd. •RPM International Inc. •Royal Adhesives & Sealants LLC •SCIGRIP Smarter Adhesive Solutions •Wacker Chemie AG •Franklin International About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886
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