Albany, NY -- (SBWire) -- 02/24/2016 --The global adhesive and sealants market is primarily driven by consistent growth in its major end-use industry such as construction, automotive and packaging. Owing to the environmental hazards related with synthetic form of adhesives and sealants, industry is now focusing on development of bio-based products.
This report provides a detailed description of the global adhesives and sealants market in terms of volume share (Kilo Tons) and revenue (USD Million) for the period from 2011 to 2018. The adhesive and sealants report highlights the key driving and restraining factors with its impact analysis on the market. Individual detailed forecasts have been given for the years 2012-2018 for both adhesives and sealants market separately for better understanding.
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The study includes analysis for various market segments based on products and applications of adhesives as well as sealants. The study provides forecast and estimates for each product and application segment in terms of revenue and volume over forecast period from 2012 to 2018. The report segments the adhesives market based on products such as acrylic, PVA, polyurethanes, styrenic block, epoxy, EVA, other (including silicones, polyisobutylene). The adhesives application segment included in the report are Pressure sensitive applications packaging, construction, furniture, footwear, automotive, other (aerospace, electronics, etc).
The report segments the sealants market based on products such as silicones, polyurethanes, acrylic, polyvinyl acetate, other (including polysulphide, EVA etc). The sealant application segments included in the report are construction, automotive, packaging, assembly, pressure sensitive tapes, consumers, other (aerospace, electronics, etc). For geographic analysis, the adhesive and sealants market has been segmented as - North America, Asia Pacific, Europe and Rest of the World (RoW).
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For a more comprehensive view of the adhesive and sealants market, a value chain analysis and Porter's five forces model is provided to throw light on the nitty-gritty's of the industry structure besides giving an overview of the degree of competitiveness. The report also offers a competitive landscape of the overall market with company profiles of key players such as 3M, Henkel, Avery Dennison, BASF and Dow Chemical Company amongst others. The adhesive and sealants study includes a detailed description of players with company overview, financial overview, business strategies and SWOT analysis in addition to recent developments of the company.
Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This approach has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities. Secondary sources referred for adhesive and sealants study include, PCI, ICIS, adhesives magazine, fecia, coatings world magazine and BASA online.
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Adhesives and Sealants Market - China and India Are Expected to Fuel the Market
Asia Pacific emerged as the leading consumer for sealants and accounted for over 35% of the total market in 2011. Asia Pacific was closely followed by Europe and North America, which together accounted for approximately 54% of the total market in 2011. Asia Pacific is also expected to be the fastest growing market for sealants, growing at a CAGR of 5% from 2012 to 2018.