Adhesives And Sealants Industry Overview

The global adhesives and sealants market size was estimated at USD 121.27 billion in 2023 and is projected to grow at a CAGR of 10.1% from 2024 to 2030. The growth of the market can be attributed to its wide utilization for assembly of glass, metal, rubber, and other products during the manufacturing of automobiles and in construction projects. 

Gather more insights about the market drivers, restrains and growth of the Adhesives And Sealants Market

In addition, the growing usage of high-performance sealants in the production of lightweight vehicles helps in improving the global economy and reducing the overuse of conventional resources such as metals and plastics. The growth of the market can be attributed to the surged use of this technology in packaging, automotive, textiles, and construction industries for carton sealing and assembling processes.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

  • The global rubber market size was valued at USD 46.95 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.08% from 2024 to 2030.
  • The global tile adhesive market size was estimated at USD 3.42 billion in 2023 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. The increasing demand for tiles and marble in developing areas and rising reconstruction and renovation activities are driving market growth.

Adhesives And Sealants Market Segmentation

Grand View Research has segmented the global adhesives & sealants market report based on technology, product, application, and region:

Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Water Based
  • Solvent Based
  • Hot Melt
  • Reactive & Others

Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Acrylic
  • PVA
  • Polyurethanes
  • Styrenic block
  • Epoxy
  • EVA
  • Others Product

Adhesives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Paper & packaging
  • Consumer & DIY
  • Building & construction
  • Furniture & woodworking
  • Footwear & leather
  • Automotive & transportation
  • Medical
  • Others Application

Sealants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Silicones
  • Polyurethanes
  • Acrylic
  • Polyvinyl acetate
  • Others Product

Sealants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

  • Construction
  • Automotive
  • Packaging
  • Assembly
  • Consumers
  • Others Application

Adhesives & Sealants Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Russia
    5. Italy
    6. Spain
    7. Turkey
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. India
    5. Indonesia
  • Central & South America
    1. Brazil
    2. Argentina
    3. Colombia
  • Middle East & Africa
    1. Saudi Arabia
    2. South Africa
    3. UAE

Key Companies profiled:

  • 3M Company
  • Ashland Inc.
  • Avery Denison Corporation
  • H B Fuller
  • Henkel AG
  • Sika AG
  • Pidilite Industries
  • Huntsman
  • Wacker Chemie AG
  • RPM International Inc.
  • Dow
  • Kuraray Co., Ltd.

Key Adhesives And Sealants Company Insights

Some of the key players operating in the market include Henkel AG, Dow, Kuraray Co., and Ashland Inc., among others.

  • Henkel AG is a multinational company that operates in various industries including adhesives, sealants, surface treatments, and other industrial chemicals. The company is known for its well-known brands such as Loctite, Bonderite, Teroson, Technomelt, Aquence, and Schwarzkopf. The company holds leading positions in both industrial and consumer businesses, offering a diverse portfolio that includes hair care products, laundry detergents, fabric softeners, adhesives, sealants and functional coatings.
  • Dow, Inc. specializes in material science. The company’s product portfolio includes plastics, performance materials, coatings, silicones, and industrial intermediates. It offers a wide range of products and solutions in packaging, infrastructure, mobility, and consumer care segments. Dow’s products are used in various sectors such as homes and personal care, durable goods, adhesives & sealants, coatings and food & specialty packaging.

Pidilite Industries, Sika AG, and RPM International Inc., among others, are some of the emerging market participants in the market.

  • RPM International Inc. is a multinational company with subsidiaries that specialize in specialty coatings, sealants, and building materials. They have a diverse portfolio of brands, RPM operates in various segments, including construction products, performance coatings, and specialty products. DAP, a subsidiary of RPM International Inc., is a well-known brand. They manufacture and markets products such as caulk, sealants, spackling and glazing compounds, contact cement, and other specialty adhesives. The company has a significant global presence. They sell their products in 170 countries and operate 121 manufacturing facilities in 26 countries.
  • Sika AG is a specialty chemical company offering products for bonding, sealing, damping, reinforcing, and protection in the construction and automotive industry. The company has subsidiaries in 103 countries around the world and operates in over 400 factories, producing innovative technologies for consumers worldwide.

Recent Developments

  • In February 2023, 3M introduced a new medical adhesive that offers a 28-day wear time. This product is designed to adhere to the skin for an extended period compared to the previous tape, which had a wear time of 14 days. It is intended for use with various sensors, health monitors, and long-term medical wearables. Prolonged wear time for devices and monitors may lead to cost savings, increased data collection for better decision-making, and reduced patient disruption. The new adhesive, 3M Medical Tape 4578, also provides liner-free stability and can be stored for up to one year, offering device makers more flexibility in the design process.
  • In February 2022, Arkema announced the acquisition of Ashland's performance adhesives business in the U.S. This acquisition aligns with Arkema's plan to strengthen its adhesive solution segment. In 2021, Ashland's performance adhesives in North America generated approximately USD 360 million in sales.

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