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The elastic bonding adhesive & sealant market is projected to reach $20 billion market size by 2020, signifying a robust growth rate of 6.1% between 2015 and 2020.<br><br>The global elastic bonding adhesive market, along with its end products, had witnessed an intense growth in the past few years. This growth is estimated to continue in the next five years. Majority of the demand comes from the developed economies, such as the U.S., Germany, the U.K., and China are the major consumers as per the current market dynamics.
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MarketsandMarkets Elastic Bonding Adhesive & Sealant Market worth $20 Billion by 2020 April 2015
Elastic Bonding Adhesive & Sealant Market worth $20 Billion by 2020. The report“Elastic Bonding Adhesive & Sealant Market by Type (Polyurethane, Silicone, Silane Modified Polymer, & Others), by Application (Construction Adhesive, Industrial Adhesive, Construction Sealants, & Industrial Sealants) - Global Forecast to 2020”, report analyzes the global elastic bonding adhesive & sealant market with respect to market drivers, opportunities, and trends in different regions. Browse 80 market data tables and 60 figures spread through 141 pages and in-depth TOC on “Elastic Bonding Adhesive & Sealant Market by Type (Polyurethane, Silicone, Silane Modified Polymer, & Others), by Application (Construction Adhesive, Industrial Adhesive, Construction Sealants, & Industrial Sealants) - Global Forecast to 2020" The elastic bonding adhesive & sealant applications are significantly penetrating the end-user industry markets. They have different characteristics as per their manufacturing and application requirements in the end products. The Asia-Pacific region is expected to dominate the global market with its growing demand for elastic bonding adhesive & sealant in different application segments, such as the glazing, flooring, sanitary, automotive, and other. The Asia-Pacific is the most potential market and is estimated to grow at the highest CAGR in the next five years, with the allied industries expected to boost the overall business need in the respective regions. R&D is expected to be a key part of the elastic bonding adhesive & sealant market as newer products with better adhesion, curing time & method, & emission characteristics which are eco-friendly in nature, can be the vital drivers of the market. Manufacturing companies, research associations, and end-product manufacturers need to infuse high investments for future advancements and technology modifications of elastic bonding adhesive & sealant to match the demands coming newer applications of various end-user industries. Europe is the largest region, both in terms of volume and value, followed by North America and Asia- Pacific. China, India, Brazil, South-East Asian countries, and the Middle-Eastern countries are expected to continue as high growth markets. The key players in the global elastic bonding adhesive & sealant market are Henkel Corporation (Germany), Sika A.G. (Switzerland), Bostik (France), Dow chemical Company (U.S.), 3M (U.S.), H.B. Fuller (U.S.), Wacker Chemie (Germany), Weicon GmbH & Co. KG (Germany), Cemedine (Japan), ThreeBond Group (Japan), and others. The growing automotive industry of the developed regions such as the North America & the European play a major role in the demand for the elastic bonding adhesive & sealant. Also the reviving construction industry will play a key role in pulling the demand for elastic bonding adhesive & sealant. The manufacturers are also focusing on the production of eco-friendly products in these highly regulated markets. The elastic bonding adhesive & sealant demand, in terms of value and volume, depicts the current and future projections, according to the parallel economic and industry outlook. This analysis covers important developments, expansions, agreements, and partnerships of the leading global companies. The global elastic bonding adhesive & sealant market was estimated at is $14 billion in 2014, which is projected to grow at a CAGR of 6.1% between 2015 and 2020,and reach $20 billion by 2020. The high demand across the industries, such as glazing, flooring, sanitary, automotive, and others, are expected to increase the overall elastic bonding adhesive & sealants consumption. Ask for PDF of the Report @ http://www.marketsandmarkets.com/Market-Reports/elastic-bonding-adhesive-sealant-market- 234763009.html Early buyers will receive 10% customization on reports.
The elastic bonding adhesive & sealant market, along with its end products, has witnessed a high growth in the past few years. This is projected to remain the same in the next five years, especially in the European and North American regions. Leading manufacturers and their strategies to balance the current demand- supply issues and newer applications developments across the vertical industries are expected to be the key influencing factors in the market. The industry is expected to increase its emphasis on the use of eco- friendly diverse applications of elastic bonding adhesive & sealant that is expected to significantly drive its consumption in the next five years. There is lesser demand for elastic bonding adhesive & sealant as compared to the European & the North American region, but this region is expected to have the highest growth rate and dominate in the next five years. This is due to the rising awareness of the advantages & higher performance characteristics of adhesives & sealants & increasing applications in the end-user segments, introduction of newer applications, technological advancements, and the high growth of end-user industries such as automotive, glazing, flooring, appliances & white goods The most important application industry is construction adhesive. It held more than 37% of the overall demand in terms of volume in 2014. Elastic bonding adhesive & sealants are used to increase performance, binding strength, elasticity, and durability must fit in with the use of natural, renewable, recyclable and biodegradable adhesives in end-use applications. Automotive & glazing application industries are the main potential segments in the market with superior growth in the next five years. This study basically aims to estimate the global market for 2015 and project the expected demand of the same by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global market. Various secondary sources, such as industry journals, directories, and other paid databases have been used to identify and collect information useful for this extensive commercial study of the elastic bonding adhesive & sealant market. Primary sources, experts from related industries and suppliers—have been interviewed to obtain and verify critical information and to assess the prospects of elastic bonding adhesive & sealant. Ask for Sample of the Report @ http://www.marketsandmarkets.com/requestsample.asp?id=234763009 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States
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