接着剤&シーラント市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Adhesive & Sealants Market – Global Forecast to 2029

接着剤&シーラント市場 : 接着技術(水系、溶剤系、ホットメルト、反応型)、シーラント樹脂の種類(シリコーン、ポリウレタン、プラスチゾル、エマルジョン、多硫化物、ブチル)、用途、地域別 – 2029年までの世界予測
Adhesives & Sealants Market by Adhesive Technology (Water-based, Solvent-based, Hot-melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, & Region – Global Forecast to 2029

ページ数423
図表数650
価格 
シングルユーザライセンスUSD 4,950
マルチユーザライセンス(5名)USD 6,650
コーポレート(サイト)ライセンスUSD 8,150
エンタープライズライセンスUSD 10,000
種別英文調査報告書

お問合せ・ご注文  出版社・価格・納期について

Report Overview

The global adhesives & sealants market size was USD 76.1 billion in 2024 and is projected to reach USD 86.6 billion by 2029, at a CAGR of 2.6% between 2024 and 2029.

世界の接着剤およびシーラント市場規模は、2024 年に 761 億米ドルで、2024 年から 2029 年までの CAGR は 2.6% で、2029 年までに 866 億米ドルに達すると予測されています。

Water-based technology accounted for the largest segment of adhesive technology & resins. The growth of the water-based adhesives sector is being driven by a steady rise in demand from building and construction projects in North America, as well as the initiation of new infrastructure ventures in India, Taiwan, and other developing countries worldwide. These adhesives exhibit superior adhesion characteristics across various substrates and are widely applied in packaging tasks such as bookbinding, paper bags, cartons, labels, foils, films, paperboard decals, wood assembly, automobile upholstery, and leather binding.

接着剤&シーラント市場 : 2029年までの世界予測

“Paper & packaging by adhesive application accounted for the largest segment of adhesives market.”
The global paper & packaging sector is experiencing significant growth, primarily driven by emerging markets where urbanization is leading to changes in consumer behavior and an increased demand for packaged products. The rise of e-commerce is also contributing to this growth. Economic development and demographic shifts play crucial roles in propelling the packaging industry forward. With anticipated increases in income, consumer spending on packaged goods is expected to rise. Furthermore, there is a notable surge in demand for pharmaceutical products, particularly in developed markets like Japan, driven by rising life expectancies.

接着剤&シーラント市場 : 2029年までの世界予測 ecosystem

“Silicone, by sealant resin type accounted for the largest segment of adhesives & sealants market.”
Leading the sealants market is silicone, closely followed by polyurethane. Silicone-modified polyether sealants, which initially originated in Japan, have now expanded their reach to encompass broader markets in North America and Europe. The surge in demand for silicone sealants stems from their versatile applications in various automobile bonding tasks, including sealing joints, gaps, and cracks, forming low-temperature gaskets, and replacing windscreens. Additionally, they are used for bonding headlamps, fog lamps, tail lamps, lamp covers, caps, and bulb mounting sockets, driving growth within this segment.

“Building & construction, by sealant application accounted for the largest segment of sealants market.”
The building and construction segment holds the largest portion of the sealants market share. Sealants also serve as adhesives in various applications. For example, in structural glazing for glass-walled buildings, sealants are not only used for sealing but also for bonding the glass to the building framework. While sealants may not possess the high tensile strength characteristic of adhesives, they offer superior durability and reliability when exposed to conditions such as high humidity, chemical exposure, or electrical stress. Particularly, silicones facilitate some movement between bonded parts, thereby mitigating shearing stresses resulting from differences in thermal expansion among dissimilar materials.

“Asia Pacific, by region is forecasted to be the fastest segment of adhesives & sealants market during the forecast period.”
Asia Pacific has emerged as a key player in both the production and consumption of adhesives and sealants, propelled by increasing domestic demand, rising income levels, and favorable resource accessibility. It stands as the primary region for automobile manufacturing, with the automotive and transportation sector representing a major consumer of adhesives and sealants. Economic growth across the Asia Pacific region, particularly in emerging markets such as India, Taiwan, Indonesia, Malaysia, Thailand, and Vietnam, is driving a rise in infrastructure projects, thereby spurring demand for adhesives and sealants in the building and construction domain.

接着剤&シーラント市場 : 2029年までの世界予測 region

The break-up of the profile of primary participants in the C4ISR market:
• By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
• By Designation: C Level – 21%, D Level – 23%, and Others – 56%
• By Region: North America – 37%, Asia Pacific – 26%, Europe – 23%, the Middle East & Africa – 10%, and South America- 4%

The key companies profiled in this report are Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), Sika AG (Switzerland), Arkema (Bostik) (France), and 3M (US).

Research Coverage:
The adhesives & sealants market has been segmented based on Adhesives Technology (Water-based Adhesives, Solvent-based Adhesives, Hot-melt adhesives, and Reactive & Others), Adhesive Application (Paper & Packaging, building & construction, Woodworking, Automotive & Transportation, Consumer & DIY, Leather & Footwear, Assembly, Electronics, Medical, and Others), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl, and Others), Sealant Application (Building & Construction, Automotive & Transportation, Consumer, and Others), and by Region (Asia Pacific, Europe, North America, South America, and Middle East & Africa).

Reasons to Buy the Report
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
 Analysis of key drivers (Growth of building & construction industry), restraints (Stringent environmental regulations in North America & Europe), opportunities (Investments in emerging markets of Asia Pacific), challenges (Shifting rules and changing standards)
 Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
 Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for adhesives & sealants across regions
 Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
 Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

Table of Contents

 

1            INTRODUCTION            59

1.1         STUDY OBJECTIVES      59

1.2         MARKET DEFINITION   59

1.2.1      INCLUSIONS AND EXCLUSIONS 60

1.2.2      DEFINITION AND INCLUSIONS, BY ADHESIVE TECHNOLOGY   60

1.2.3      DEFINITION AND INCLUSIONS, BY ADHESIVE APPLICATION    61

1.2.4      DEFINITION AND INCLUSIONS, BY SEALANT RESIN TYPE           62

1.2.5      DEFINITION AND INCLUSIONS, BY SEALANT APPLICATION      63

1.3         MARKET SEGMENTATION         64

FIGURE 1           ADHESIVES & SEALANTS MARKET SEGMENTATION      64

1.3.1      REGIONS COVERED      65

1.3.2      YEARS CONSIDERED     65

1.4         CURRENCY CONSIDERED          66

1.5         UNITS CONSIDERED     66

1.6         STAKEHOLDERS            66

1.7         SUMMARY OF CHANGES            66

1.7.1      IMPACT OF RECESSION 67

2            RESEARCH METHODOLOGY     68

2.1         RESEARCH DATA           68

FIGURE 2           ADHESIVES & SEALANTS MARKET: RESEARCH DESIGN 68

2.1.1      SECONDARY DATA       69

2.1.1.1   Key data from secondary sources     69

2.1.2      PRIMARY DATA 69

2.1.2.1   Key data from primary sources         70

2.1.2.2   Key industry insights          70

2.1.2.3   Breakdown of primary interviews     71

2.1.2.4   Primary data sources          71

2.2         MARKET SIZE ESTIMATION       71

2.2.1      BOTTOM-UP APPROACH           72

FIGURE 3           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  72

2.2.2      TOP-DOWN APPROACH             72

FIGURE 4           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    73

FIGURE 5           ADHESIVES & SEALANTS MARKET SIZE ESTIMATION, BY REGION             73

FIGURE 6           ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY 73

2.3         MARKET GROWTH FORECAST  74

2.3.1      SUPPLY-SIDE FORECAST            74

FIGURE 7           ADHESIVES & SEALANTS MARKET: SUPPLY-SIDE FORECAST              74

FIGURE 8           METHODOLOGY FOR SUPPLY-SIDE SIZING OF ADHESIVES & SEALANTS MARKET      74

2.3.2      DEMAND-SIDE FORECAST         75

2.4         FACTOR ANALYSIS        75

FIGURE 9           MAJOR FACTORS RESPONSIBLE FOR GLOBAL RECESSION AND THEIR IMPACT ON ADHESIVES & SEALANTS MARKET   75

2.5         DATA TRIANGULATION             76

FIGURE 10         ADHESIVES & SEALANTS MARKET: DATA TRIANGULATION              76

2.6         ASSUMPTIONS 77

2.7         LIMITATIONS   77

2.8         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    78

2.9         RISK ASSESSMENT         78

TABLE 1             ADHESIVES & SEALANTS MARKET: RISK ASSESSMENT   78

2.10       IMPACT OF RECESSION 78

3            EXECUTIVE SUMMARY 79

TABLE 2             ADHESIVES & SEALANTS MARKET SNAPSHOT, 2024 VS. 2029              80

FIGURE 11         REACTIVE & OTHERS SEGMENT TO REGISTER HIGHEST CAGR IN ADHESIVES MARKET DURING FORECAST PERIOD    81

FIGURE 12         ELECTRONIC APPLICATION TO REGISTER HIGHEST CAGR IN ADHESIVES MARKET    81

FIGURE 13         SILICONE TO BE LEADING RESIN TYPE IN SEALANTS MARKET              82

FIGURE 14         BUILDING & CONSTRUCTION TO BE LARGEST APPLICATION OF SEALANTS   82

FIGURE 15         ASIA PACIFIC LED ADHESIVES & SEALANTS MARKET IN 2023              83

4            PREMIUM INSIGHTS      84

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ADHESIVES & SEALANTS MARKET      84

FIGURE 16         ADHESIVES & SEALANTS MARKET TO WITNESS MODERATE GROWTH DURING FORECAST PERIOD 84

4.2         ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY              84

FIGURE 17         REACTIVE & OTHERS SEGMENT TO REGISTER HIGHEST GROWTH BETWEEN 2024 AND 2029       84

4.3         ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE     85

FIGURE 18         POLYURETHANE TO BE FASTEST-GROWING SEGMENT BETWEEN 2024 AND 2029           85

4.4         ADHESIVES MARKET, DEVELOPED VS. EMERGING ECONOMIES 85

FIGURE 19         EMERGING ECONOMIES TO WITNESS HIGHER GROWTH DURING FORECAST PERIOD     85

4.5         SEALANTS MARKET, DEVELOPED VS. EMERGING ECONOMIES 86

FIGURE 20         EMERGING ECONOMIES TO REGISTER SIGNIFICANT GROWTH DURING FORECAST PERIOD     86

4.6         ASIA PACIFIC ADHESIVES MARKET, BY ADHESIVE TECHNOLOGY AND COUNTRY         86

FIGURE 21         CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN 2023              86

4.7         ASIA PACIFIC SEALANTS MARKET, BY SEALANT RESIN TYPE AND COUNTRY         87

FIGURE 22         SILICONE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023  87

4.8         ADHESIVES MARKET, BY COUNTRY       87

FIGURE 23         INDIA TO EMERGE AS FASTEST-GROWING MARKET FOR ADHESIVES       87

4.9         SEALANTS MARKET, BY COUNTRY         88

FIGURE 24         INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              88

5            MARKET OVERVIEW     89

5.1         INTRODUCTION            89

5.2         MARKET DYNAMICS     89

FIGURE 25         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ADHESIVES & SEALANTS MARKET    89

5.2.1      DRIVERS            90

5.2.1.1   Growth of building & construction industry   90

5.2.1.2   Increased demand for adhesives in medical industry     90

5.2.1.3   Growth in appliances industry          91

5.2.2      RESTRAINTS     91

5.2.2.1   Stringent environmental regulations in North America and Europe         91

5.2.2.2   Technological limitations in adhesives industry            92

5.2.3      OPPORTUNITIES           92

5.2.3.1   Investments in emerging markets of Asia Pacific          92

5.2.3.2   Development of hybrid resins for manufacturing high-performance adhesives              93

5.2.4      CHALLENGES   93

5.2.4.1   Regulatory compliance      93

5.3         PORTER’S FIVE FORCES ANALYSIS         93

TABLE 3             ADHESIVES & SEALANTS MARKET: PORTER’S FIVE FORCES ANALYSIS          93

FIGURE 26         PORTER’S FIVE FORCES ANALYSIS: ADHESIVES & SEALANTS MARKET            94

5.3.1      THREAT OF NEW ENTRANTS    94

5.3.2      THREAT OF SUBSTITUTES         94

5.3.3      BARGAINING POWER OF BUYERS           95

5.3.4      BARGAINING POWER OF SUPPLIERS     95

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 95

5.4         MACROECONOMIC INDICATOR             96

5.4.1      INTRODUCTION            96

5.4.2      GDP TRENDS AND FORECAST  96

TABLE 4             GROWTH TRENDS AND FORECAST OF GDP, BY COUNTRY (PERCENTAGE CHANGE), 2018–2028      96

5.4.3      TRENDS AND FORECAST OF GLOBAL CONSTRUCTION INDUSTRY              98

FIGURE 27         GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2014–2035              98

5.4.4      TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY 99

TABLE 5             AUTOMOTIVE PRODUCTION (2021–2022)          99

5.4.5      TRENDS IN GLOBAL AEROSPACE INDUSTRY     100

6            INDUSTRY TRENDS       101

6.1         SUPPLY CHAIN ANALYSIS          101

FIGURE 28         ADHESIVES & SEALANTS MARKET: SUPPLY CHAIN ANALYSIS              101

6.2         ECOSYSTEM ANALYSIS/MARKET MAP   102

TABLE 6             ADHESIVES & SEALANTS MARKET: ROLE IN ECOSYSTEM              102

FIGURE 29         ADHESIVES & SEALANTS MARKET: ECOSYSTEM MAPPING              103

FIGURE 30         ADHESIVES & SEALANTS MARKET: STAKEHOLDERS IN ECOSYSTEM     103

6.3         INVESTMENT AND FUNDING SCENARIO            103

TABLE 7             INVESTMENT AND FUNDING SCENARIO            104

6.4         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              105

FIGURE 31         NEW REVENUE POCKETS IN ADHESIVES & SEALANTS MARKET              105

6.5         KEY STAKEHOLDERS & BUYING CRITERIA          105

6.5.1      KEY STAKEHOLDERS IN BUYING PROCESS         105

FIGURE 32         INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS   105

TABLE 8             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)          106

6.5.2      BUYING CRITERIA         106

FIGURE 33         KEY BUYING CRITERIA FOR ADHESIVES & SEALANTS    106

TABLE 9             KEY BUYING CRITERIA FOR ADHESIVES & SEALANTS    106

6.6         PRICING ANALYSIS        107

6.6.1      AVERAGE SELLING PRICE TREND, BY REGION  107

FIGURE 34         AVERAGE SELLING PRICE TREND OF ADHESIVES, BY REGION              107

6.6.2      AVERAGE SELLING PRICE TREND, BY ADHESIVE TECHNOLOGY              107

FIGURE 35         AVERAGE SELLING PRICE TREND OF ADHESIVES, BY ADHESIVE TECHNOLOGY          107

6.6.3      AVERAGE SELLING PRICE TREND, BY ADHESIVE APPLICATION 108

FIGURE 36         AVERAGE SELLING PRICE TREND OF ADHESIVES, BY ADHESIVE APPLICATION           108

6.6.4      AVERAGE SELLING PRICE TREND, BY REGION  108

FIGURE 37         AVERAGE SELLING PRICE TREND OF SEALANTS, BY REGION              108

6.6.5      AVERAGE SELLING PRICE TREND, BY SEALANT RESIN TYPE      109

FIGURE 38         AVERAGE SELLING PRICE TREND OF SEALANTS, BY SEALANT RESIN TYPE       109

6.6.6      AVERAGE SELLING PRICE TREND, BY SEALANT APPLICATION  109

FIGURE 39         AVERAGE SELLING PRICE TREND OF SEALANTS, BY SEALANT APPLICATION  109

6.6.7      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ADHESIVE APPLICATION  110

FIGURE 40         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ADHESIVE APPLICATION, 2023 110

TABLE 10           AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP 3 ADHESIVE APPLICATIONS (USD/KG)    110

6.6.8      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SEALANT APPLICATION  111

FIGURE 41         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SEALANT APPLICATION             111

TABLE 11           AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP 3 SEALANT APPLICATIONS (USD/KG)          111

6.7         TRADE ANALYSIS          111

6.7.1      EXPORT SCENARIO OF ADHESIVES & SEALANTS            111

FIGURE 42         ADHESIVES EXPORT, BY KEY COUNTRIES, 2018−2022 (USD THOUSAND)     112

6.7.2      IMPORT SCENARIO OF ADHESIVES & SEALANTS            112

FIGURE 43         ADHESIVES IMPORT, BY KEY COUNTRIES, 2018−2022 (USD THOUSAND)     113

6.8         GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH              113

6.8.1      RUSSIA–UKRAINE WAR 113

6.8.2      CHINA  114

6.8.2.1   China’s debt problem         114

6.8.2.2   Environmental commitments           114

6.9         REGULATORY LANDSCAPE       115

6.9.1      REGULATIONS AND STANDARDS          115

TABLE 12           LEEDS STANDARDS FOR ARCHITECTURAL APPLICATIONS              115

TABLE 13           LEEDS STANDARDS FOR SPECIALTY APPLICATIONS     115

TABLE 14           LEEDS STANDARDS FOR SUBSTRATE-SPECIFIC APPLICATIONS              116

6.9.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          116

TABLE 15           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         116

TABLE 16           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 117

TABLE 17           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         117

6.10       PATENT ANALYSIS        117

FIGURE 44         LIST OF MAJOR PATENTS FOR ADHESIVES & SEALANTS              118

6.10.1    LIST OF MAJOR PATENTS          118

6.11       CASE STUDY ANALYSIS 120

6.12       TECHNOLOGY ANALYSIS           121

6.12.1    KEY TECHNOLOGIES    121

6.12.1.1 Water-based        121

6.12.1.2 Solvent-based      122

6.12.1.3 Hot-melt             122

6.12.1.4 Reactive & others 122

6.12.2    COMPLEMENTARY TECHNOLOGIES     123

6.12.2.1 Curing technology             123

6.12.2.2 Sustainability technology   123

6.12.2.3 Testing & quality control technologies           123

6.13       KEY CONFERENCES & EVENTS IN 2024–2025       124

TABLE 18           ADHESIVES & SEALANTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS          124

7            ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY              125

7.1         INTRODUCTION            126

FIGURE 45         WATER-BASED ADHESIVE TECHNOLOGY TO LEAD OVERALL MARKET            126

TABLE 19           ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY, 2016–2022 (USD MILLION)          126

TABLE 20           ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY, 2023–2029 (USD MILLION)          127

TABLE 21           ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY, 2016–2022 (KILOTON)   127

TABLE 22           ADHESIVES & SEALANTS MARKET, BY ADHESIVE TECHNOLOGY, 2023–2029 (KILOTON)   127

7.2         WATER-BASED ADHESIVES        128

7.2.1      ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR WATER-BASED ADHESIVES       128

TABLE 23           WATER-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 128

TABLE 24           WATER-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 128

TABLE 25           WATER-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       129

TABLE 26           WATER-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       129

TABLE 27           WATER-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)     129

TABLE 28           WATER-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)     130

TABLE 29           WATER-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             130

TABLE 30           WATER-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             130

7.2.2      PVA EMULSION ADHESIVES      131

TABLE 31           PVA EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 131

TABLE 32           PVA EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 131

TABLE 33           PVA EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       132

TABLE 34           PVA EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       132

7.2.3      ACRYLIC POLYMER EMULSION ADHESIVES       132

TABLE 35           ACRYLIC POLYMER EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       132

TABLE 36           ACRYLIC POLYMER EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       133

TABLE 37           ACRYLIC POLYMER EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 133

TABLE 38           ACRYLIC POLYMER EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 133

7.2.4      VAE EMULSION ADHESIVES      134

TABLE 39           VAE EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 134

TABLE 40           VAE EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 134

TABLE 41           VAE EMULSION: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       135

TABLE 42           VAE EMULSION: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       135

7.2.5      SBC LATEX ADHESIVES 135

TABLE 43           SBC LATEX: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          136

TABLE 44           SBC LATEX: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          136

TABLE 45           SBC LATEX: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       136

TABLE 46           SBC LATEX: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       137

7.2.6      OTHER WATER-BASED RESIN TYPE       137

7.2.6.1   Polyurethane dispersion adhesives   137

7.2.6.2   Water-based rubber adhesives         137

TABLE 47           OTHER WATER-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       138

TABLE 48           OTHER WATER-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       138

TABLE 49           OTHER WATER-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 138

TABLE 50           OTHER WATER-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 139

7.3         SOLVENT-BASED ADHESIVES   139

7.3.1      STRINGENT GOVERNMENT REGULATIONS TO RESTRICT USE OF SOLVENT-BASED ADHESIVES   139

TABLE 51           SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 139

TABLE 52           SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 140

TABLE 53           SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       140

TABLE 54           SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       140

TABLE 55           SOLVENT-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)     141

TABLE 56           SOLVENT-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)     141

TABLE 57           SOLVENT-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             141

TABLE 58           SOLVENT-BASED: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             142

7.3.2      POLYURETHANE ADHESIVES    142

TABLE 59           POLYURETHANE SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       142

TABLE 60           POLYURETHANE SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       143

TABLE 61           POLYURETHANE SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 143

TABLE 62           POLYURETHANE SOLVENT-BASED: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 143

7.3.3      ACRYLIC ADHESIVES    144

TABLE 63           ACRYLIC: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          144

TABLE 64           ACRYLIC: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          144

TABLE 65           ACRYLIC: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       145

TABLE 66           ACRYLIC: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       145

7.3.4      CHLOROPRENE RUBBER (CR) ADHESIVES         145

TABLE 67           CHLOROPRENE RUBBER: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          146

TABLE 68           CHLOROPRENE RUBBER: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          146

TABLE 69           CHLOROPRENE RUBBER: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)   146

TABLE 70           CHLOROPRENE RUBBER: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)   147

7.3.5      POLYVINYL ACETATE (PVA) ADHESIVES            147

TABLE 71           POLYVINYL ACETATE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)     147

TABLE 72           POLYVINYL ACETATE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)     147

TABLE 73           POLYVINYL ACETATE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)             148

TABLE 74           POLYVINYL ACETATE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)             148

7.3.6      POLYAMIDE ADHESIVES            148

TABLE 75           POLYAMIDE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          149

TABLE 76           POLYAMIDE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          149

TABLE 77           POLYAMIDE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       149

TABLE 78           POLYAMIDE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       150

7.3.7      SYNTHESIZED RUBBER ADHESIVES       150

TABLE 79           SYNTHESIZED RUBBER: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          150

TABLE 80           SYNTHESIZED RUBBER: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          151

TABLE 81           SYNTHESIZED RUBBER: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)   151

TABLE 82           SYNTHESIZED RUBBER: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)   151

7.3.8      OTHER SOLVENT-BASED RESIN TYPE   152

TABLE 83           OTHER SOLVENT-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       152

TABLE 84           OTHER SOLVENT-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       152

TABLE 85           OTHER SOLVENT-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 152

TABLE 86           OTHER SOLVENT-BASED RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 153

7.4         HOT-MELT ADHESIVES 153

7.4.1      FAST SETTING SPEED AND RELATIVELY LOWER COST DRIVING DEMAND FOR HOT-MELT ADHESIVES  153

TABLE 87           HOT-MELT: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          153

TABLE 88           HOT-MELT: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          154

TABLE 89           HOT-MELT: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       154

TABLE 90           HOT-MELT: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       154

TABLE 91           HOT-MELT: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 155

TABLE 92           HOT-MELT: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 155

TABLE 93           HOT-MELT: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)       155

TABLE 94           HOT-MELT: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)       156

7.4.2      ETHYLENE-VINYL ACETATE (EVA) ADHESIVES 156

TABLE 95          ETHYLENE-VINYL ACETATE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          156

TABLE 96          ETHYLENE-VINYL ACETATE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          156

TABLE 97          ETHYLENE-VINYL ACETATE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)   157

TABLE 98          ETHYLENE-VINYL ACETATE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)   157

7.4.3      STYRENIC BLOCK COPOLYMER (SBC) ADHESIVES         157

TABLE 99           STYRENIC BLOCK COPOLYMER: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       157

TABLE 100         STYRENIC BLOCK COPOLYMER: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       158

TABLE 101         STYRENIC BLOCK COPOLYMER: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 158

TABLE 102         STYRENIC BLOCK COPOLYMER: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 158

7.4.4      METALLOCENE POLYOLEFIN (MPO) ADHESIVES           159

TABLE 103         METALLOCENE POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       159

TABLE 104         METALLOCENE POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       159

TABLE 105         METALLOCENE POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 160

TABLE 106         METALLOCENE POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 160

7.4.5      POLYOLEFIN ADHESIVES           160

TABLE 107         POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 160

TABLE 108         POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 161

TABLE 109         POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       161

TABLE 110         POLYOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       161

7.4.6      AMORPHOUS POLY-ALPHAOLEFIN (APAO) ADHESIVES 162

7.4.6.1   Properties            162

7.4.6.2   Applications        162

TABLE 111         AMORPHOUS POLY-ALPHAOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       162

TABLE 112         AMORPHOUS POLY-ALPHAOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       163

TABLE 113         AMORPHOUS POLY-ALPHAOLEFIN: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 163

TABLE 114         AMORPHOUS POLY-ALPHAOLEFIN: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 163

7.4.7      OTHER HOT-MELT RESIN TYPE             164

7.4.7.1   Polyamides          164

7.4.7.2   Polyurethane (PUR)         164

7.4.7.3   Others   164

TABLE 115         OTHER HOT-MELT RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)       164

TABLE 116         OTHER HOT-MELT RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)       165

TABLE 117         OTHER HOT-MELT RESIN TYPE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON) 165

TABLE 118         OTHER HOT-MELT RESIN TYPE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON) 165

7.5         REACTIVE & OTHERS    166

7.5.1      FASTEST-GROWING ADHESIVE TECHNOLOGY DURING FORECAST PERIOD              166

TABLE 119         REACTIVE & OTHERS: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)     166

TABLE 120         REACTIVE & OTHERS: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)     167

TABLE 121         REACTIVE & OTHERS: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)             167

TABLE 122         REACTIVE & OTHERS: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)             167

TABLE 123         REACTIVE & OTHERS: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          168

TABLE 124         REACTIVE & OTHERS: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)          168

TABLE 125         REACTIVE & OTHERS: ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   168

TABLE 126         REACTIVE & OTHERS: ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   168

7.5.2      POLYURETHANE ADHESIVES    169

7.5.2.1   Liquid    169

7.5.2.1.1 One-component  169

7.5.2.1.2 Two-component  169

TABLE 127         POLYURETHANE: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION) 170

TABLE 128         POLYURETHANE: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION) 170

TABLE 129         POLYURETHANE: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       170

TABLE 130         POLYURETHANE: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       171

7.5.3      EPOXY ADHESIVES        171

TABLE 131         EPOXY: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          171

TABLE 132         EPOXY: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          172

TABLE 133         EPOXY: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       172

TABLE 134         EPOXY: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       172

7.5.4      OTHERS             173

7.5.4.1   Polysulfide adhesives         173

7.5.4.2   Modified acrylate & methyl methacrylate (MMA) adhesives      173

7.5.4.3   Cyanoacrylate adhesives    173

TABLE 135         APPLICATIONS OF CYANOACRYLATE ADHESIVES          174

7.5.4.4   Anaerobic adhesives          174

TABLE 136         APPLICATIONS OF ANAEROBIC ADHESIVES      174

7.5.4.5   Formaldehyde-based (reactive-based) adhesives          175

7.5.4.6   Silicone  175

7.5.4.7   Polyester             175

7.5.4.8   Resorcinol           175

7.5.4.9   Phenolic 176

TABLE 137         APPLICATIONS OF PHENOLIC RESINS IN VARIOUS ADHESIVE MIXES   176

7.5.4.10 Natural and bio-based adhesives      176

TABLE 138         OTHERS: ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)          177

TABLE 139         OTHERS: ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)          177

TABLE 140         OTHERS: ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)       177

TABLE 141         OTHERS: ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)       178

8            ADHESIVES & SEALANTS MARKET, BY ADHESIVE APPLICATION              179

8.1         INTRODUCTION            180

FIGURE 46         PAPER & PACKAGING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       180

TABLE 142         ADHESIVES & SEALANTS MARKET, BY ADHESIVE APPLICATION, 2016–2022 (USD MILLION)           180

TABLE 143         ADHESIVES & SEALANTS MARKET, BY ADHESIVE APPLICATION, 2023–2029 (USD MILLION)           181

TABLE 144         ADHESIVES & SEALANTS MARKET, BY ADHESIVE APPLICATION, 2016–2022 (KILOTON)    181

TABLE 145         ADHESIVES & SEALANTS MARKET, BY ADHESIVE APPLICATION, 2023–2029 (KILOTON)    182

8.2         PAPER & PACKAGING   182

8.2.1      HIGH DEMAND FOR FLEXIBLE PACKAGING TO DRIVE MARKET              182

TABLE 146         PAPER & PACKAGING: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)       183

TABLE 147         PAPER & PACKAGING: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)       183

TABLE 148         PAPER & PACKAGING: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 183

TABLE 149         PAPER & PACKAGING: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 184

8.3         BUILDING & CONSTRUCTION   184

8.3.1      DEVELOPMENT OF SMART CITIES AND MEGAPROJECTS TO DRIVE GROWTH          184

TABLE 150         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            185

TABLE 151         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            185

TABLE 152         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      185

TABLE 153         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      186

8.4         WOODWORKING           186

8.4.1      GROWTH OF FURNITURE INDUSTRY TO DRIVE MARKET           186

TABLE 154         WOODWORKING: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)       186

TABLE 155         WOODWORKING: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)       187

TABLE 156         WOODWORKING: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 187

TABLE 157         WOODWORKING: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 187

8.5         AUTOMOTIVE & TRANSPORTATION     188

8.5.1      ADVANCEMENTS IN ELECTRIC VEHICLES TO FUEL DEMAND FOR ADHESIVES       188

TABLE 158         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            188

TABLE 159         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            189

TABLE 160         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      189

TABLE 161         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      189

8.6         CONSUMER & DIY          190

8.6.1      INCREASING DEMAND FOR LOW-STRENGTH AND DURABLE ADHESIVES TO DRIVE MARKET 190

TABLE 162         CONSUMER & DIY: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)       190

TABLE 163         CONSUMER & DIY: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)       190

TABLE 164         CONSUMER & DIY: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 191

TABLE 165         CONSUMER & DIY: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 191

8.7         LEATHER & FOOTWEAR             191

8.7.1      RISING DEMAND FOR ATHLETIC FOOTWEAR TO DRIVE MARKET              191

TABLE 166         LEATHER & FOOTWEAR: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)       192

TABLE 167         LEATHER & FOOTWEAR: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)       192

TABLE 168         LEATHER & FOOTWEAR: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 192

TABLE 169         LEATHER & FOOTWEAR: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 193

8.8         ASSEMBLY        193

8.8.1      WIDE USE OF ADHESIVES IN MANUFACTURING SECTOR TO BOOST MARKET            193

TABLE 170         ASSEMBLY: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          193

TABLE 171         ASSEMBLY: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          194

TABLE 172         ASSEMBLY: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   194

TABLE 173         ASSEMBLY: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   194

8.9         ELECTRONICS  195

8.9.1      NEW TRENDS AND TECHNOLOGICAL INNOVATIONS TO FUEL MARKET            195

TABLE 174         ELECTRONICS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          195

TABLE 175         ELECTRONICS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          195

TABLE 176         ELECTRONICS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   196

TABLE 177         ELECTRONICS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   196

8.10       MEDICAL          196

8.10.1    GROWING USE OF SILICONE ADHESIVES TO DRIVE MARKET    196

TABLE 178         MEDICAL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          197

TABLE 179         MEDICAL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          197

TABLE 180         MEDICAL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   197

TABLE 181         MEDICAL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   198

8.11       OTHER ADHESIVE APPLICATIONS         198

TABLE 182         OTHER ADHESIVE APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            198

TABLE 183         OTHER ADHESIVE APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            199

TABLE 184         OTHER ADHESIVE APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      199

TABLE 185         OTHER ADHESIVE APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      199

9            ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE     200

9.1         INTRODUCTION            201

FIGURE 47         SILICONE TO LEAD SEALANTS MARKET DURING FORECAST PERIOD              201

TABLE 186         ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE, 2016–2022 (USD MILLION)          201

TABLE 187         ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE, 2023–2029 (USD MILLION)          202

TABLE 188         ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE, 2016–2022 (KILOTON)   202

TABLE 189         ADHESIVES & SEALANTS MARKET, BY SEALANT RESIN TYPE, 2023–2029 (KILOTON)   202

9.2         SILICONE          203

9.2.1      BETTER FLEXIBILITY AND LONGER SHELF LIFE TO DRIVE DEMAND              203

TABLE 190         SILICONE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          203

TABLE 191         SILICONE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          204

TABLE 192         SILICONE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   204

TABLE 193         SILICONE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   204

9.3         POLYURETHANE           205

9.3.1      HIGH DEMAND IN AUTOMOTIVE APPLICATIONS TO DRIVE MARKET              205

TABLE 194         POLYURETHANE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)       205

TABLE 195         POLYURETHANE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)       206

TABLE 196         POLYURETHANE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 206

TABLE 197         POLYURETHANE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 206

9.4         PLASTISOL       207

9.4.1      INCREASING DEMAND IN AUTOMOBILES TO DRIVE MARKET   207

TABLE 198         PLASTISOL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          207

TABLE 199         PLASTISOL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          207

TABLE 200         PLASTISOL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   208

TABLE 201         PLASTISOL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   208

9.5         EMULSION        208

9.5.1      GROWING USE IN CONSTRUCTION SECTOR TO DRIVE MARKET              208

TABLE 202         EMULSION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          209

TABLE 203         EMULSION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          209

TABLE 204         EMULSION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   209

TABLE 205         EMULSION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   210

9.6         POLYSULFIDE  210

9.6.1      INCREASING DEMAND FOR INSULATING GLASS SEALANTS TO DRIVE MARKET            210

TABLE 206         POLYSULFIDE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          211

TABLE 207         POLYSULFIDE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          211

TABLE 208         POLYSULFIDE: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   211

TABLE 209         POLYSULFIDE: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   212

9.7         BUTYL 212

9.7.1      HIGHER STABILITY AGAINST OXIDATION TO FUEL DEMAND   212

TABLE 210         BUTYL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)     212

TABLE 211         BUTYL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)     213

TABLE 212         BUTYL: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)             213

TABLE 213         BUTYL: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)             213

9.8         OTHER SEALANT RESIN TYPES 214

TABLE 214         OTHER SEALANT RESIN TYPES: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            214

TABLE 215         OTHER SEALANT RESIN TYPES: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            214

TABLE 216         OTHER SEALANT RESIN TYPES: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      215

TABLE 217         OTHER SEALANT RESIN TYPES: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      215

10          ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION 216

10.1       INTRODUCTION            217

FIGURE 48         BUILDING & CONSTRUCTION SEGMENT TO LEAD SEALANTS MARKET DURING FORECAST PERIOD   217

TABLE 218         ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION, 2016–2022 (USD MILLION)          217

TABLE 219         ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION, 2023–2029 (USD MILLION)          218

TABLE 220         ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION, 2016–2022 (KILOTON)   218

TABLE 221         ADHESIVES & SEALANTS MARKET, BY SEALANT APPLICATION, 2023–2029 (KILOTON)   218

10.2       BUILDING & CONSTRUCTION   219

10.2.1    INVESTMENTS IN NEW CONSTRUCTION AND INFRASTRUCTURE TO DRIVE MARKET 219

TABLE 222         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            219

TABLE 223         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            220

TABLE 224         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      220

TABLE 225         BUILDING & CONSTRUCTION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      220

10.3       AUTOMOTIVE & TRANSPORTATION     221

10.3.1    WIDE USE IN RADIATORS AND AUTOMOTIVE COMPONENTS TO DRIVE DEMAND FOR SEALANTS            221

TABLE 226         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            221

TABLE 227         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            222

TABLE 228         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      222

TABLE 229         AUTOMOTIVE & TRANSPORTATION: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      222

10.4       CONSUMER       223

10.4.1    RISING DEMAND FOR SEALANTS FOR HOUSEHOLD USE TO DRIVE MARKET            223

TABLE 230         CONSUMER: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)          223

TABLE 231         CONSUMER: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)          224

TABLE 232         CONSUMER: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)   224

TABLE 233         CONSUMER: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)   224

10.5       OTHER SEALANT APPLICATIONS           225

TABLE 234         OTHER SEALANT APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)            225

TABLE 235         OTHER SEALANT APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)            225

TABLE 236         OTHER SEALANT APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON)      226

TABLE 237         OTHER SEALANT APPLICATIONS: ADHESIVES & SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON)      226

11          ADHESIVES & SEALANTS MARKET, BY REGION  227

11.1       INTRODUCTION            228

FIGURE 49         ASIA PACIFIC TO REGISTER HIGHEST CAGR FOR ADHESIVES BETWEEN 2024 AND 2029           228

FIGURE 50         ASIA PACIFIC TO RECORD FASTEST GROWTH FOR SEALANTS BETWEEN 2024 AND 2029           228

TABLE 238         ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)          229

TABLE 239         ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          229

TABLE 240         ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)       229

TABLE 241         ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)       229

TABLE 242         ADHESIVES MARKET, BY REGION, 2016–2022 (USD MILLION)              230

TABLE 243         ADHESIVES MARKET, BY REGION, 2023–2029 (USD MILLION)              230

TABLE 244         ADHESIVES MARKET, BY REGION, 2016–2022 (KILOTON)              230

TABLE 245         ADHESIVES MARKET, BY REGION, 2023–2029 (KILOTON)              231

TABLE 246         SEALANTS MARKET, BY REGION, 2016–2022 (USD MILLION)              231

TABLE 247         SEALANTS MARKET, BY REGION, 2023–2029 (USD MILLION)              231

TABLE 248         SEALANTS MARKET, BY REGION, 2016–2022 (KILOTON) 232

TABLE 249         SEALANTS MARKET, BY REGION, 2023–2029 (KILOTON) 232

11.2       NORTH AMERICA          233

11.2.1    IMPACT OF RECESSION 233

FIGURE 51         NORTH AMERICA: ADHESIVES & SEALANTS MARKET SNAPSHOT        234

TABLE 250         NORTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)          234

TABLE 251         NORTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          235

TABLE 252         NORTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)   235

TABLE 253         NORTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)   235

TABLE 254         NORTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (USD MILLION)     235

TABLE 255         NORTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     236

TABLE 256         NORTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (KILOTON)             236

TABLE 257         NORTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (KILOTON)             236

TABLE 258         NORTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (USD MILLION)     236

TABLE 259         NORTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     237

TABLE 260         NORTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (KILOTON)             237

TABLE 261         NORTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)             237

TABLE 262         NORTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (USD MILLION)          237

TABLE 263         NORTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)          238

TABLE 264         NORTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (KILOTON)   238

TABLE 265         NORTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (KILOTON)   238

TABLE 266         NORTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 239

TABLE 267         NORTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 239

TABLE 268         NORTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        239

TABLE 269         NORTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        240

TABLE 270         NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 240

TABLE 271         NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 240

TABLE 272         NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        241

TABLE 273         NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        241

TABLE 274         NORTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)             241

TABLE 275         NORTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2024 (USD MILLION)             242

TABLE 276         NORTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)      242

TABLE 277         NORTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)      242

TABLE 278         NORTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)         243

TABLE 279         NORTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)         243

TABLE 280         NORTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   243

TABLE 281         NORTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   243

TABLE 282         NORTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2016–2022 (USD MILLION)          244

TABLE 283         NORTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (USD MILLION)          244

TABLE 284         NORTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2021–2028 (KILOTON)   245

TABLE 285         NORTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (KILOTON)   245

TABLE 286         NORTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)     246

TABLE 287         NORTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)     246

TABLE 288         NORTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             246

TABLE 289         NORTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             247

TABLE 290         NORTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (USD MILLION)          247

TABLE 291         NORTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)          247

TABLE 292         NORTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (KILOTON)   248

TABLE 293         NORTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (KILOTON)   248

11.2.2    US         248

11.2.2.1 Increasing private and residential construction to drive market  248

11.2.3    CANADA            249

11.2.3.1 Surge in construction projects to foster market growth 249

11.2.4    MEXICO             250

11.2.4.1 New constructions in residential segment to drive market          250

11.3       EUROPE             251

11.3.1    IMPACT OF RECESSION 251

FIGURE 52         EUROPE: ADHESIVES & SEALANTS MARKET SNAPSHOT 252

TABLE 294         EUROPE: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)     253

TABLE 295         EUROPE: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)     253

TABLE 296         EUROPE: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)             253

TABLE 297         EUROPE: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)             253

TABLE 298         EUROPE: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (USD MILLION)          254

TABLE 299         EUROPE: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          254

TABLE 300         EUROPE: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (KILOTON)       254

TABLE 301         EUROPE: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (KILOTON)       255

TABLE 302         EUROPE: SEALANTS MARKET, BY COUNTRY, 2016–2022 (USD MILLION)          255

TABLE 303         EUROPE: SEALANTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          255

TABLE 304         EUROPE: SEALANTS MARKET, BY COUNTRY, 2016–2022 (KILOTON)       256

TABLE 305         EUROPE: SEALANTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)       256

TABLE 306         EUROPE: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (USD MILLION) 256

TABLE 307         EUROPE: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION) 257

TABLE 308         EUROPE: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (KILOTON)       257

TABLE 309         EUROPE: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (KILOTON)       257

TABLE 310         EUROPE: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          258

TABLE 311         EUROPE: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)          258

TABLE 312         EUROPE: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   258

TABLE 313         EUROPE: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   259

TABLE 314         EUROPE: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)             259

TABLE 315         EUROPE: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)             259

TABLE 316         EUROPE: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)      260

TABLE 317         EUROPE: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)      260

TABLE 318         EUROPE: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          260

TABLE 319         EUROPE: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2024 (USD MILLION)          261

TABLE 320         EUROPE: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   261

TABLE 321         EUROPE: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   261

TABLE 322         EUROPE: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)             262

TABLE 323         EUROPE: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)             262

TABLE 324         EUROPE: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)      262

TABLE 325         EUROPE: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)      262

TABLE 326         EUROPE: ADHESIVES MARKET, BY APPLICATION, 2016–2022 (USD MILLION) 263

TABLE 327         EUROPE: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (USD MILLION) 263

TABLE 328         EUROPE: ADHESIVES MARKET, BY APPLICATION, 2021–2028 (KILOTON)       264

TABLE 329         EUROPE: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (KILOTON)       264

TABLE 330         EUROPE: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          265

TABLE 331         EUROPE: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)          265

TABLE 332         EUROPE: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)       265

TABLE 333         EUROPE: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)       266

TABLE 334         EUROPE: SEALANTS MARKET, BY APPLICATION, 2016–2022 (USD MILLION) 266

TABLE 335         EUROPE: SEALANTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION) 266

TABLE 336         EUROPE: SEALANTS MARKET, BY APPLICATION, 2016–2022 (KILOTON)       267

TABLE 337         EUROPE: SEALANTS MARKET, BY APPLICATION, 2023–2029 (KILOTON)       267

11.3.2    GERMANY         267

11.3.2.1 Electric mobility revolution to increase demand for adhesives & sealants in automotive industry           267

11.3.3    UK         268

11.3.3.1 Growth of construction sector to drive market             268

11.3.4    FRANCE             269

11.3.4.1 Development of affordable houses and renewable energy infrastructure to foster market growth     269

11.3.5    ITALY   269

11.3.5.1 Developments in medical industry to support market growth     269

11.3.6    SPAIN   270

11.3.6.1 Recovery of construction and automotive industries to drive market        270

11.3.7    TURKEY             271

11.3.7.1 Rapid urbanization and increasing purchasing power to boost market      271

11.3.8    REST OF EUROPE           271

11.4       ASIA PACIFIC    272

11.4.1    IMPACT OF RECESSION 272

FIGURE 53         ASIA PACIFIC: ADHESIVES & SEALANTS MARKET SNAPSHOT              273

TABLE 338         ASIA PACIFIC: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)          274

TABLE 339         ASIA PACIFIC: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          274

TABLE 340         ASIA PACIFIC: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)   274

TABLE 341         ASIA PACIFIC: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)   274

TABLE 342         ASIA PACIFIC: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (USD MILLION) 275

TABLE 343         ASIA PACIFIC: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 275

TABLE 344         ASIA PACIFIC: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (KILOTON)       275

TABLE 345         ASIA PACIFIC: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (KILOTON)       276

TABLE 346         ASIA PACIFIC: SEALANTS MARKET, BY COUNTRY, 2016–2022 (USD MILLION) 276

TABLE 347         ASIA PACIFIC: SEALANTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 276

TABLE 348         ASIA PACIFIC: SEALANTS MARKET, BY COUNTRY, 2016–2022 (KILOTON)       277

TABLE 349         ASIA PACIFIC: SEALANTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)       277

TABLE 350         ASIA PACIFIC: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (USD MILLION)     277

TABLE 351         ASIA PACIFIC: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)     278

TABLE 352         ASIA PACIFIC: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (KILOTON)             278

TABLE 353         ASIA PACIFIC: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (KILOTON)             278

TABLE 354         ASIA PACIFIC: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)             279

TABLE 355         ASIA PACIFIC: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)             279

TABLE 356         ASIA PACIFIC: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)      279

TABLE 357         ASIA PACIFIC: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)      280

TABLE 358         ASIA PACIFIC: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 280

TABLE 359         ASIA PACIFIC: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 280

TABLE 360         ASIA PACIFIC: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        281

TABLE 361         ASIA PACIFIC: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        281

TABLE 362        ASIA PACIFIC: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          281

TABLE 363        ASIA PACIFIC: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2024 (USD MILLION)          282

TABLE 364        ASIA PACIFIC: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   282

TABLE 365        ASIA PACIFIC: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   282

TABLE 366         ASIA PACIFIC: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 283

TABLE 367         ASIA PACIFIC: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 283

TABLE 368         ASIA PACIFIC: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        283

TABLE 369         ASIA PACIFIC: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        283

TABLE 370         ASIA PACIFIC: ADHESIVES MARKET, BY APPLICATION, 2016–2022 (USD MILLION)     284

TABLE 371         ASIA PACIFIC: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (USD MILLION)     284

TABLE 372         ASIA PACIFIC: ADHESIVES MARKET, BY APPLICATION, 2021–2028 (KILOTON)             285

TABLE 373         ASIA PACIFIC: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (KILOTON)             285

TABLE 374         ASIA PACIFIC: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 286

TABLE 375         ASIA PACIFIC: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 286

TABLE 376         ASIA PACIFIC: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)       286

TABLE 377         ASIA PACIFIC: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)       287

TABLE 378         ASIA PACIFIC: SEALANTS MARKET, BY APPLICATION, 2016–2022 (USD MILLION)     287

TABLE 379         ASIA PACIFIC: SEALANTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)     287

TABLE 380         ASIA PACIFIC: SEALANTS MARKET, BY APPLICATION, 2016–2022 (KILOTON)             288

TABLE 381         ASIA PACIFIC: SEALANTS MARKET, BY APPLICATION, 2023–2029 (KILOTON)             288

11.4.2    CHINA  288

11.4.2.1 Foreign investments to drive market 288

11.4.3    INDIA   289

11.4.3.1 Government initiatives for economic growth to boost market     289

11.4.4    JAPAN  290

11.4.4.1 Growth of tourism sector to boost market      290

11.4.5    SOUTH KOREA 290

11.4.5.1 Growth in automotive and building construction industries to fuel demand              290

11.4.6    THAILAND        291

11.4.6.1 Economic stability and rising establishment of end-use industries to fuel market              291

11.4.7    INDONESIA       291

11.4.7.1 Rise in automobile manufacturers to drive market        291

11.4.8    REST OF ASIA PACIFIC  292

11.5       MIDDLE EAST & AFRICA             292

11.5.1    IMPACT OF RECESSION 292

FIGURE 54         MIDDLE EAST & AFRICA: ADHESIVES & SEALANTS MARKET SNAPSHOT        293

TABLE 382         MIDDLE EAST & AFRICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)             293

TABLE 383         MIDDLE EAST & AFRICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)             293

TABLE 384         MIDDLE EAST & AFRICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)      293

TABLE 385         MIDDLE EAST & AFRICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)      294

TABLE 386         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (USD MILLION)          294

TABLE 387         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          294

TABLE 388         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (KILOTON)   295

TABLE 389         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (KILOTON)   295

TABLE 390         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (USD MILLION)          295

TABLE 391         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          296

TABLE 392         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (KILOTON)   296

TABLE 393         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)   296

TABLE 394         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (USD MILLION)          297

TABLE 395         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)          297

TABLE 396         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (KILOTON)   297

TABLE 397         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (KILOTON)   298

TABLE 398         MIDDLE EAST & AFRICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)         298

TABLE 399         MIDDLE EAST & AFRICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)         298

TABLE 400         MIDDLE EAST & AFRICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   299

TABLE 401         MIDDLE EAST & AFRICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   299

TABLE 402         MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)      299

TABLE 403         MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)      300

TABLE 404         MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             300

TABLE 405         MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             301

TABLE 406         MIDDLE EAST & AFRICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 301

TABLE 407         MIDDLE EAST & AFRICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2024 (USD MILLION) 301

TABLE 408         MIDDLE EAST & AFRICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        302

TABLE 409         MIDDLE EAST & AFRICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        302

TABLE 410         MIDDLE EAST & AFRICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)      302

TABLE 411         MIDDLE EAST & AFRICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)      303

TABLE 412         MIDDLE EAST & AFRICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             303

TABLE 413         MIDDLE EAST & AFRICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             303

TABLE 414         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY APPLICATION, 2016–2022 (USD MILLION)           304

TABLE 415         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (USD MILLION)           304

TABLE 416         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY APPLICATION, 2021–2028 (KILOTON)    305

TABLE 417         MIDDLE EAST & AFRICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (KILOTON)    305

TABLE 418         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)          306

TABLE 419         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)          306

TABLE 420         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   306

TABLE 421         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   307

TABLE 422         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (USD MILLION)           307

TABLE 423         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)           307

TABLE 424         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (KILOTON)    308

TABLE 425         MIDDLE EAST & AFRICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (KILOTON)    308

11.5.2    GCC COUNTRIES           308

11.5.2.1 Saudi Arabia        308

11.5.2.1.1            Mega housing projects to increase demand for adhesives           308

11.5.2.2 UAE      309

11.5.2.2.1            Growing industrial activity to impact market growth    309

11.5.2.3 Rest of GCC Countries      309

11.5.3    REST OF MIDDLE EAST & AFRICA           310

11.6       SOUTH AMERICA           310

11.6.1    IMPACT OF RECESSION 311

FIGURE 55         SOUTH AMERICA: ADHESIVES & SEALANTS MARKET SNAPSHOT        311

TABLE 426         SOUTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (USD MILLION)          311

TABLE 427         SOUTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (USD MILLION)          312

TABLE 428         SOUTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2016–2022 (KILOTON)   312

TABLE 429         SOUTH AMERICA: ADHESIVES & SEALANTS MARKET, BY TYPE, 2023–2029 (KILOTON)   312

TABLE 430         SOUTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (USD MILLION)     312

TABLE 431         SOUTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     313

TABLE 432         SOUTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2016–2022 (KILOTON)             313

TABLE 433         SOUTH AMERICA: ADHESIVES MARKET, BY COUNTRY, 2023–2029 (KILOTON)             313

TABLE 434         SOUTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (USD MILLION)     313

TABLE 435         SOUTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (USD MILLION)     314

TABLE 436         SOUTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2016–2022 (KILOTON)             314

TABLE 437         SOUTH AMERICA: SEALANTS MARKET, BY COUNTRY, 2023–2029 (KILOTON)             314

TABLE 438         SOUTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (USD MILLION)          314

TABLE 439         SOUTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (USD MILLION)          315

TABLE 440         SOUTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2016–2022 (KILOTON)   315

TABLE 441         SOUTH AMERICA: ADHESIVES MARKET, BY TECHNOLOGY, 2023–2029 (KILOTON)   315

TABLE 442         SOUTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 316

TABLE 443         SOUTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 316

TABLE 444         SOUTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        316

TABLE 445         SOUTH AMERICA: WATER-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        317

TABLE 446         SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION) 317

TABLE 447         SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION) 317

TABLE 448         SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)        318

TABLE 449         SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)        318

TABLE 450         SOUTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)             318

TABLE 451         SOUTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2024 (USD MILLION)             319

TABLE 452         SOUTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)      319

TABLE 453         SOUTH AMERICA: HOT-MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)      319

TABLE 454         SOUTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)         320

TABLE 455         SOUTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)         320

TABLE 456         SOUTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)   320

TABLE 457         SOUTH AMERICA: REACTIVE & OTHERS ADHESIVES MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)   320

TABLE 458         SOUTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2016–2022 (USD MILLION)          321

TABLE 459         SOUTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (USD MILLION)          321

TABLE 460         SOUTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2021–2028 (KILOTON)   322

TABLE 461         SOUTH AMERICA: ADHESIVES MARKET, BY APPLICATION, 2023–2029 (KILOTON)   322

TABLE 462         SOUTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (USD MILLION)     323

TABLE 463         SOUTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (USD MILLION)     323

TABLE 464         SOUTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2016–2022 (KILOTON)             323

TABLE 465         SOUTH AMERICA: SEALANTS MARKET, BY RESIN TYPE, 2023–2029 (KILOTON)             324

TABLE 466         SOUTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (USD MILLION)     324

TABLE 467         SOUTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (USD MILLION)     324

TABLE 468         SOUTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2016–2022 (KILOTON)             325

TABLE 469         SOUTH AMERICA: SEALANTS MARKET, BY APPLICATION, 2023–2029 (KILOTON)             325

11.6.2    BRAZIL 325

11.6.2.1 Rising investment from the government to drive market            325

11.6.3    ARGENTINA      326

11.6.3.1 Increase in population and improved economic conditions to drive demand              326

11.6.4    REST OF SOUTH AMERICA         326

12          COMPETITIVE LANDSCAPE       328

12.1       INTRODUCTION            328

12.2       KEY STRATEGIES           328

12.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS (2020–2023)       328

12.3       MARKET SHARE ANALYSIS         329

FIGURE 56         MARKET SHARE ANALYSIS, 2023             329

TABLE 470         ADHESIVES & SEALANTS MARKET: DEGREE OF COMPETITION              330

12.3.1    HENKEL KG & CO. KGAA            330

12.3.2    H.B. FULLER COMPANY 330

12.3.3    ARKEMA (BOSTIK)        331

12.3.4    SIKA AG             331

12.3.5    3M         331

12.4       REVENUE ANALYSIS      332

FIGURE 57         REVENUE ANALYSIS OF TOP 5 PLAYERS (2019–2023)      332

12.5       COMPANY VALUATION AND FINANCIAL METRICS, 2023             332

12.5.1    COMPANY VALUATION 332

FIGURE 58         ADHESIVES & SEALANTS MARKET: COMPANY VALUATION              332

12.5.2    FINANCIAL METRICS    333

FIGURE 59         ADHESIVES & SEALANTS MARKET: FINANCIAL METRICS              333

12.6       BRAND/PRODUCT COMPARATIVE ANALYSIS    333

12.6.1    BRAND/PRODUCT COMPARATIVE ANALYSIS    333

TABLE 471         ADHESIVES & SEALANTS MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS          333

12.7       MARKET RANKING ANALYSIS   334

FIGURE 60         MARKET RANKING ANALYSIS, 2023        334

12.8       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   335

12.8.1    STARS  335

12.8.2    EMERGING LEADERS    335

12.8.3    PERVASIVE PLAYERS     335

12.8.4    PARTICIPANTS 335

FIGURE 61         ADHESIVES & SEALANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023    336

12.8.5    COMPANY FOOTPRINT 337

FIGURE 62         ADHESIVES & SEALANTS MARKET: COMPANY FOOTPRINT (27 COMPANIES)    337

TABLE 472         ADHESIVES & SEALANTS MARKET: APPLICATION FOOTPRINT (27 COMPANIES)            338

TABLE 473         ADHESIVES & SEALANTS MARKET: REGION FOOTPRINT (27 COMPANIES)    339

TABLE 474         ADHESIVES & SEALANTS MARKET: COMPANY FOOTPRINT (27 COMPANIES)    340

12.9       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          341

12.9.1    PROGRESSIVE COMPANIES       341

12.9.2    RESPONSIVE COMPANIES          341

12.9.3    DYNAMIC COMPANIES 341

12.9.4    STARTING BLOCKS       341

FIGURE 63         ADHESIVES & SEALANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023           342

12.9.5    COMPETITIVE BENCHMARKING            343

TABLE 475         ADHESIVES & SEALANTS MARKET: KEY STARTUPS/SMES (11 COMPANIES)    343

TABLE 476         ADHESIVES & SEALANTS MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES (11 COMPANIES)             344

12.10     COMPETITIVE SCENARIO & TRENDS     345

12.10.1  PRODUCT LAUNCHES  345

TABLE 477         ADHESIVES & SEALANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020– DECEMBER 2023             345

12.10.2  DEALS  349

TABLE 478         ADHESIVES & SEALANTS MARKET: DEALS, JANUARY 2020–DECEMBER 2023            349

12.10.3  EXPANSIONS    353

TABLE 479         ADHESIVES & SEALANTS MARKET: EXPANSIONS, JANUARY 2020–DECEMBER 2023   353

13          COMPANY PROFILES    357

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

13.1       MAJOR PLAYERS            357

13.1.1    HENKEL AG & CO. KGAA            357

TABLE 480         HENKEL AG & CO. KGAA: COMPANY OVERVIEW             357

FIGURE 64         HENKEL AG & CO. KGAA: COMPANY SNAPSHOT             358

TABLE 481         HENKEL AG & CO. KGAA: PRODUCTS/SERVICES/SOLUTIONS OFFERED          358

TABLE 482         HENKEL AG & CO. KGAA: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023   359

TABLE 483         HENKEL AG & CO. KGAA: DEALS, JANUARY 2020–DECEMBER 2023      360

TABLE 484         HENKEL AG & CO. KGAA: EXPANSIONS, JANUARY 2020–DECEMBER 2023            360

13.1.2    H.B. FULLER COMPANY 362

TABLE 485         H.B. FULLER COMPANY: BUSINESS OVERVIEW  362

FIGURE 65         H.B. FULLER COMPANY: COMPANY SNAPSHOT 362

TABLE 486         H.B. FULLER COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED          363

TABLE 487         H.B. FULLER COMPANY: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023            365

TABLE 488         H.B. FULLER COMPANY: DEALS, JANUARY 2020–DECEMBER 2023      366

TABLE 489         H.B. FULLER COMPANY: EXPANSIONS, JANUARY 2020–DECEMBER 2023            367

13.1.3    SIKA AG             369

TABLE 490         SIKA AG: BUSINESS OVERVIEW 369

FIGURE 66         SIKA AG: COMPANY SNAPSHOT 369

TABLE 491         SIKA AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED 370

TABLE 492         SIKA AG: DEALS, JANUARY 2020–DECEMBER 2023            371

TABLE 493         SIKA AG: EXPANSIONS, JANUARY 2020–DECEMBER 2023 371

13.1.4    ARKEMA (BOSTIK)        373

TABLE 494         ARKEMA (BOSTIK): COMPANY OVERVIEW         373

FIGURE 67         ARKEMA (BOSTIK): COMPANY SNAPSHOT         374

TABLE 495         ARKEMA (BOSTIK): PRODUCTS/SERVICES/SOLUTIONS OFFERED          374

TABLE 496         ARKEMA (BOSTIK): PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023            375

TABLE 497         ARKEMA (BOSTIK): DEALS, JANUARY 2020–DECEMBER 2023              376

TABLE 498         ARKEMA (BOSTIK): EXPANSIONS, JANUARY 2020–DECEMBER 2023      378

13.1.5    3M         379

TABLE 499         3M: COMPANY OVERVIEW         379

FIGURE 68         3M: COMPANY SNAPSHOT         380

TABLE 500         3M: PRODUCTS/SERVICES/SOLUTIONS OFFERED          380

TABLE 501         3M: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023              381

13.1.6    HUNTSMAN CORPORATION     382

TABLE 502         HUNTSMAN CORPORATION: COMPANY OVERVIEW      382

FIGURE 69         HUNTSMAN CORPORATION: COMPANY SNAPSHOT      382

TABLE 503         HUNTSMAN CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   383

TABLE 504         HUNTSMAN CORPORATION: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023   383

TABLE 505         HUNTSMAN CORPORATION: DEALS, JANUARY 2020–DECEMBER 2023            384

TABLE 506         HUNTSMAN CORPORATION: EXPANSIONS, JANUARY 2020–DECEMBER 2023            384

13.1.7    ILLINOIS TOOL WORKS INC.      385

TABLE 507         ILLINOIS TOOL WORKS INC.: COMPANY OVERVIEW      385

FIGURE 70         ILLINOIS TOOL WORKS INC.: COMPANY SNAPSHOT      385

TABLE 508         ILLINOIS TOOL WORKS INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED   386

TABLE 509         ILLINOIS TOOL WORKS INC.: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023   386

TABLE 510         ILLINOIS TOOL WORKS INC.: DEALS, JANUARY 2020–DECEMBER 2023            387

13.1.8    AVERY DENNISON CORPORATION        388

TABLE 511         AVERY DENNISON CORPORATION: COMPANY OVERVIEW              388

FIGURE 71         AVERY DENNISON CORPORATION: COMPANY SNAPSHOT              388

TABLE 512         AVERY DENNISON CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   389

TABLE 513         AVERY DENNISON CORPORATION: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023 389

TABLE 514         AVERY DENNISON CORPORATION: EXPANSIONS, JANUARY 2020–DECEMBER 2023   390

13.1.9    DOW    391

TABLE 515         DOW INC: COMPANY OVERVIEW           391

FIGURE 72         DOW: COMPANY SNAPSHOT     391

TABLE 516         DOW: PRODUCTS/SERVICES/SOLUTIONS OFFERED      392

TABLE 517         DOW: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023              393

TABLE 518         DOW: EXPANSIONS, JANUARY 2020–DECEMBER 2023     394

13.1.10  WACKER CHEMIE AG    395

TABLE 519         WACKER CHEMIE AG: COMPANY OVERVIEW     395

FIGURE 73         WACKER CHEMIE AG: COMPANY SNAPSHOT     395

TABLE 520         WACKER CHEMIE AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED          396

TABLE 521         WACKER CHEMIE AG: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023            396

TABLE 522         WACKER CHEMIE AG: EXPANSIONS, JANUARY 2020–DECEMBER 2023      397

13.2       OTHER PLAYERS           398

13.2.1    RPM INTERNATIONAL, INC       398

TABLE 523         RPM INTERNATIONAL, INC: COMPANY OVERVIEW        398

TABLE 524         RPM INTERNATIONAL, INC: PRODUCTS/SERVICES/SOLUTIONS OFFERED   398

13.2.2    AKZO NOBEL N.V.          400

TABLE 525         AKZO NOBEL N.V.: COMPANY OVERVIEW          400

TABLE 526         AKZO NOBEL N.V.: PRODUCTS/SERVICES/SOLUTIONS OFFERED          400

13.2.3    PPG INDUSTRIES, INC   401

TABLE 527         PPG INDUSTRIES, INC: COMPANY OVERVIEW   401

TABLE 528         PPG INDUSTRIES, INC: PRODUCTS/SERVICES/SOLUTIONS OFFERED          401

13.2.4    PARKER HANNIFIN CORP (PARKER LORD)         403

TABLE 529         PARKER HANNIFIN CORP (PARKER LORD): COMPANY OVERVIEW        403

TABLE 530         PARKER HANNIFIN CORP (PARKER LORD): PRODUCTS/SERVICES/SOLUTIONS OFFERED   403

13.2.5    ADHESIVES RESEARCH INC.       405

TABLE 531         ADHESIVES RESEARCH INC.: COMPANY OVERVIEW       405

TABLE 532         ADHESIVES RESEARCH INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED   405

13.2.6    DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA       407

TABLE 533         DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA: COMPANY OVERVIEW        407

TABLE 534         DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA.: PRODUCTS/SERVICES/SOLUTIONS OFFERED   407

TABLE 535         DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023      409

13.2.7    DYMAX CORPORATION 410

TABLE 536         DYMAX CORPORATION: COMPANY OVERVIEW 410

TABLE 537         DYMAX CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED          410

TABLE 538         DYMAX CORPORATION: EXPANSIONS, JANUARY 2020–DECEMBER 2023            411

13.2.8    MAPEI CORPORATION 412

TABLE 539         MAPEI CORPORATION: COMPANY OVERVIEW  412

TABLE 540         MAPEI CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED          412

13.2.9    MERIDIAN ADHESIVES GROUP 413

TABLE 541         MERIDIAN ADHESIVES GROUP: COMPANY OVERVIEW  413

TABLE 542         MERIDIAN ADHESIVES GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED   413

TABLE 543         MERIDIAN ADHESIVES GROUP: PRODUCT LAUNCHES, JANUARY 2020–DECEMBER 2023 414

TABLE 544         MERIDIAN ADHESIVES GROUP: DEALS, JANUARY 2020–DECEMBER 2023            415

TABLE 545         MERIDIAN ADHESIVES GROUP: EXPANSIONS, JANUARY 2020–DECEMBER 2023            415

13.2.10  MASTER BOND INC.      416

TABLE 546         MASTER BOND INC.: COMPANY OVERVIEW       416

TABLE 547         MASTER BOND INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED          416

13.2.11  SOUDAL GROUP            418

TABLE 548         SOUDAL GROUP: COMPANY OVERVIEW             418

TABLE 549         SOUDAL GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED          418

13.2.12  PIDILITE INDUSTRIES   419

TABLE 550         PIDILITE INDUSTRIES: COMPANY OVERVIEW   419

TABLE 551         PIDILITE INDUSTRIES: PRODUCTS/SERVICES/SOLUTIONS OFFERED          419

13.2.13  JOWAT SE          421

TABLE 552         JOWAT SE: COMPANY OVERVIEW          421

TABLE 553         JOWAT SE: PRODUCTS/SERVICES/SOLUTIONS OFFERED              421

13.2.14  FRANKLIN INTERNATIONAL     423

TABLE 554         FRANKLIN INTERNATIONAL: COMPANY OVERVIEW      423

TABLE 555         FRANKLIN INTERNATIONAL: PRODUCTS/SERVICES/SOLUTIONS OFFERED   423

13.2.15  ASTRAL ADHESIVES      424

TABLE 556         ASTRAL ADHESIVES: COMPANY OVERVIEW       424

TABLE 557         ASTRAL ADHESIVES: PRODUCTS/SERVICES/SOLUTIONS OFFERED          424

13.2.16  DIC CORPORATION      425

TABLE 558         DIC CORPORATION: COMPANY OVERVIEW       425

TABLE 559         DIC CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED          425

13.2.17  MOMENTIVE    426

TABLE 560         MOMENTIVE: COMPANY OVERVIEW     426

TABLE 561         MOMENTIVE: PRODUCTS/SERVICES/SOLUTIONS OFFERED              426

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

14          ADJACENT & RELATED MARKETS          427

14.1       LIMITATIONS   427

14.2       CONSTRUCTION SEALANTS MARKET   427

14.2.1    MARKET DEFINITION   427

14.3       MARKET OVERVIEW     428

14.4       CONSTRUCTION SEALANTS MARKET, BY RESIN TYPE   428

TABLE 562         CONSTRUCTION SEALANTS MARKET, BY RESIN TYPE, 2020–2022 (USD MILLION)     428

TABLE 563         CONSTRUCTION SEALANTS MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)     428

TABLE 564         CONSTRUCTION SEALANTS MARKET, BY RESIN TYPE, 2020–2022 (KILOTON)             429

TABLE 565         CONSTRUCTION SEALANTS MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)             429

14.4.1    SILICONE          429

14.4.2    POLYURETHANE           430

14.4.3    POLYSULFIDE  430

14.4.4    OTHERS             430

14.5       CONSTRUCTION SEALANTS MARKET, BY APPLICATION            430

TABLE 566         CONSTRUCTION SEALANTS MARKET, BY APPLICATION, 2020–2022 (USD MILLION)     430

TABLE 567         CONSTRUCTION SEALANTS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     431

TABLE 568         CONSTRUCTION SEALANTS MARKET, BY APPLICATION, 2020–2022 (KILOTON)             431

TABLE 569         CONSTRUCTION SEALANTS MARKET, BY APPLICATION, 2023–2028 (KILOTON)             431

14.5.1    GLAZING           432

14.5.2    FLOORING & JOINING   432

14.5.3    SANITARY & KITCHEN  432

14.5.4    OTHER APPLICATIONS 432

14.6       CONSTRUCTION SEALANTS MARKET, BY END-USE INDUSTRY  433

TABLE 570         CONSTRUCTION SEALANTS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          433

TABLE 571         CONSTRUCTION SEALANTS MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)          433

TABLE 572         CONSTRUCTION SEALANTS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   433

TABLE 573         CONSTRUCTION SEALANTS MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)   433

14.6.1    RESIDENTIAL   434

14.6.2    NONRESIDENTIAL        434

14.6.3    COMMERCIAL & INFRASTRUCTURE      434

14.7       CONSTRUCTION SEALANTS MARKET, BY REGION         434

TABLE 574         CONSTRUCTION SEALANTS MARKET, BY REGION, 2020–2022 (USD MILLION) 435

TABLE 575         CONSTRUCTION SEALANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 435

TABLE 576         CONSTRUCTION SEALANTS MARKET, BY REGION, 2020–2022 (KILOTON)       435

TABLE 577         CONSTRUCTION SEALANTS MARKET, BY REGION, 2023–2028 (KILOTON)       436

14.7.1    ASIA PACIFIC    436

14.7.2    NORTH AMERICA          436

14.7.3    EUROPE             437

14.7.4    SOUTH AMERICA           437

14.7.5    MIDDLE EAST & AFRICA             437

15          APPENDIX         438

15.1       DISCUSSION GUIDE      438

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             441

15.3       CUSTOMIZATION OPTIONS      443

15.4       RELATED REPORTS       443

15.5       AUTHOR DETAILS         444

Table of Contents