(EnergyIndustry.Net, April 15, 2020 ) Market Overview Adhesives and Sealants Market is anticipated to expand at a CAGR of 4.8% during the forecast period (2019-2026). An Adhesive is a chemical that is used to bind two different surfaces whereas a Sealant is used to stop fluid leakage. These are put together in one industry but differ based on their performance and functions. Adhesives have high holding strength whereas sealants have low power and greater flexibility that is to used fill gaps and resist relative movement of substrates.
Industry Overview This report covers factors and trends impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and Company Profiles. The report profiles companies which occupy a considerable share of global adhesives & sealants market share including 3M, Henkel AG & Co. KGaA, Illinois Tool Works Inc., Huntsman, Avery Dennison, Sika AG, Dow Corning Corp., MACtac, Momentive Specialty Chemicals Inc. and RPM International Inc.
Market Segmentation The Adhesives & Sealants market can be segmented on applications like paperboard & packaging, building & construction, woodworking & joiner, transportation, footwear & leather, medical and others. Packaging accounts for the largest share regarding adhesives & sealants market share. Both adhesives & sealants are used for customized packaging that is suitable for various requirements and products. Adhesives & Sealants Market is segmented based on adhesive Types such as water-based, solvent-based, Hot melt, pressure-sensitive, and Others. Further, the market is segmented based on the sealant type such as One-component sealants, Two-component sealants, and Sealant tapes. The report segments the geographies by regions, which include North America, South America, Europe, Asia Pacific, and RoW. Market Growth by product Bags Carton Side Seam & Closures Cigarettes and Filters Composite Containers and Tubes Corrugated Board Cups Disposables (Non-wovens) Envelopes Film: Foil Laminates Flexible Packaging Labels/Signs/Decals Remoistenable Products Specialty Packaging
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