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COVID-19 Impact on Adhesives & Sealants Market 2019-2021: Henkel, H B Fuller, Sika, Arkema, Huntsman Corporation, 3M Company, Ethicon, Inc, Avery Dennison Corporation, Dow Du Pont Inc, Wacker Chemie Ag and Others.

05-01-2020 12:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

COVID-19 Impact on Adhesives & Sealants Market 2019-2021:

According to Market Study Report, Adhesives & Sealants Market provides a comprehensive analysis of the Adhesives & Sealants Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Adhesives & Sealants Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Adhesives & Sealants Market size is projected to grow from USD 63.5 Billion in 2019 to USD 66.8 Billion by 2021, at a CAGR of 2.6% between 2019 and 2021. This report spread across 101 pages, profiling 11 companies and supported with 71 tables and 14 figures are now available in this research.

Top Key Players Profiled in the Adhesives & Sealants Market:
o Henkel (Germany)
o H B Fuller (US)
o Sika (Switzerland)
o Arkema (France)
o Huntsman Corporation (US)
o 3M Company (US)
o Ethicon Inc (US)
o Illinois Tool Works Inc. (US)
o Avery Dennison Corporation (US)
o Dow Du Pont Inc. (US)
o Wacker Chemie Ag (Germany)

"Based on the application, the paper & packaging segment is expected to lead the adhesives market during the forecast period."
The paper & packaging application accounts for the largest share in the adhesives & sealants market and is expected to remain the largest market segment between 2019 and 2021.The growth of this segment is likely to be driven by the increased use of adhesives in a wide variety of paper bonding applications. These applications range from corrugated box construction and the lamination of printed sheets to packaging material used for all types of consumer products and the production of large industrial tubes and cores used by manufacturers of roll goods and other materials.

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"The EVA-based resin segment is expected to grow at the highest CAGR during the forecast period."
EVA adhesives market is expected to witness the highest growth during the forecast period. EVA adhesives have better adhesion to a wide variety of substrates and better retention of properties at a lower temperature than polyethylene adhesives. These copolymer systems set quickly, require no cure or fusing for water or solvent removal, and require relatively less equipment, operating, and material costs.

"APAC is expected to lead the adhesives & sealants market during the forecast period."
The APAC adhesives & sealants industry is projected to grow at the highest CAGR during the forecast period, both in terms of value and volume. APAC is the largest consumer of adhesives & sealants. Increasing population and technological advancements in the medical & hygiene and packaging industries are expected to fuel the growth of the adhesives &sealants industry in the region. China, Japan, and India are the major countries in the APAC adhesives & sealants market.

Breakdown of primary participants' profile:
o By Company Type: Tier 1-60%, Tier 2-30%, and Tier 3-10%
o By Designation: C-Level Executives -30%, Directors -60%, and Others-10%
o By Region: North America-35%,Europe- 20%,APAC - 30%,South America - 5%,Middle East & Africa-10%

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Research Coverage:
This report provides detailed segmentation of the adhesives & sealants market based on the resin, application, and region. Based on resin type, the adhesives& sealants industry has been segmented into polyurethane, emulsion, epoxy, plastisol, silicone, and others. Based on application, the adhesives market has been segmented into paper & packaging, building & construction, woodworking, consumer/DIY, automotive & transportation, leather & footwear, medical & hygiene, and sealants, assembly &others. Based on region, the adhesives & sealants market has been segmented into APAC, Europe, North America, Rest of the World.

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