Malaysia Adhesives & Sealants Market - Segmented by Technology, Product Type, and End-user Industry - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536160
  • Report
  • Region: Malaysia
  • 84 pages
  • Mordor Intelligence
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  • 3M
  • Arkema
  • Dow Corning
  • Henkel AG & Co. KGaA
  • Jowat Corporation
  • Permabond LLC
  • MORE
The Malaysia Adhesives & Sealants market is expected to grow significantly at a CAGR of 5.28% during the forecast period (2018 - 2023). An increasing demand from the various end-user sectors for adhesives, such as the building & construction sector, footwear industry, and wood-working & joinery industry, is currently driving the Malaysian adhesives market.

Rising Demand from Wide Range of Applications

The Malaysian market for adhesives is expected to grow at a considerable rate due to technological advancements and product innovations. Product innovations and internal competition in the market to reduce prices are expected to provide opportunities to the new entrants in the market. In addition, the increasing use of high-performance adhesives in medical applications is another driver for the market. Market users for adhesives vary from construction to packaging & labeling, automotive industry, footwear, transportation, assembly, consumer DIY, and woodworking. The growth in the market over the next few years will be driven by the growing product penetration in new application markets with product differentiation and innovations. An increased focus on renewable energy is further opening up opportunities for adhesive manufacturers. The miniaturization trend in electronics is another factor helping in spurring demand, particularly for conductive adhesives. The nation’s chemical industry is also growing, thereby, promoting the growth of adhesive applications as well. As Malaysia is a growing economy, these industrial developments are also supported by the government, which is positively affecting the growth of the adhesive market in Malaysia.

However, the sudden decline in the automotive production in the country, experienced in 2017, has slowed down the market growth.

Paper, Board & Packaging Industry Dominates the Market

The packaging industry accounts for 68.8% of the total adhesive industry, in terms of revenue, in Malaysia. Adhesives are widely used in paper bonding, owing to their physical properties. Their applications range from corrugated box construction and the lamination of printed sheets, to packaging materials used for all types of consumer products. Therefore, the overall market of adhesives & sealants is expected to have a high growth in the country as its end-user industries are showing a positive growth. Out of paper, board and packaging, the packaging sector accounts for the largest market for adhesives and its applications include composites containers & tubes, bags, carton side seam & closures, cups, labels, remoistenable products, specialty envelopes, foil laminates, films, and disposable (non-woven) & corrugated board. In Malaysia, the packaging industry is growing rapidly. This positive growth is attributable mainly to the strong demand from the food & beverage packaging. The rising demand for fast-moving consumer goods among Malaysia’s strong middle-class population has been a major boost to the market. The Malaysian adhesives market is anticipated to grow with the growth of the packaging industry.

Notable Developments in the Market

December 2017: Arkema announces a project to double its chemicals production capacity of adhesives in Malaysia.

The major players include - SIKA, HENKEL, 3M, ARKEMA GROUP, H.B. FULLER CO., ADTEK MALAYSIA SDN. BHD., JOWAT SE, and MAPEI MALAYSIA SDN. BHD., amongst others.

Reasons to Purchase this Report

To understand the impact of end-user applications on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To identify the end-user industry that is likely to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements.
Note: Product cover images may vary from those shown
2 of 5


  • 3M
  • Arkema
  • Dow Corning
  • Henkel AG & Co. KGaA
  • Jowat Corporation
  • Permabond LLC
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 PESTLE Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Adoption Of Low Cost Flexible Packaging Aids
4.1.2 Flexible Labour Regulations and High Availability of Low-skilled Labour
4.2 Restraints
4.2.1 Government Regulations Regarding VOC Emissions
4.2.2 Decline in Commodity Exports
4.3 Opportunities
4.3.1 Shifting Focus Towards Bio-based Tackifiers

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Technology
5.1.1 Water-borne Acrylics Polyvinyl Acetate (PVA) Emulsion Ethylene Vinyl Acetate (EVA) Emulsion Polyurethane Dispersions (PU) CR (Chloroprene Rubber) Latex Others
5.1.2 Solvent-borne Styrene-Butadiene Rubber Chloroprene Rubber Poly Acrylate (PA) Polyurethane Others
5.1.3 Reactive Epoxy Modified Acrylics & Cyanoacrylates Silicone Polyurethane Anaerobic Others
5.1.4 Hot-melts Ethylene Vinyl Acetate Synthetic Rubbers Others
5.1.5 Others
5.2 Sealants by Product Type
5.2.1 Silicone
5.2.2 Polyurerthane
5.2.3 Acrylic
5.2.4 Polyvinyl Acetate
5.2.5 Others
5.3 By End-user Industry
5.3.1 Building & Construction
5.3.2 Paper, Board, & Packaging
5.3.3 Woodworking & Joinery
5.3.4 Transportation
5.3.5 Footwear & leather
5.3.6 Healthcare
5.3.7 Electronics
5.3.8 Others (Textile, Consumer goods, etc.)

6. Competitive Landscape
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players

7. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
7.1 3M
7.2 Anabond
7.3 Arkema
7.4 Ashland
7.5 Avery Dennison Corporation
7.6 Dow Corning
7.7 H.B. Fuller
7.8 Henkel AG & Co. KGaA
7.9 Huntsman International LLC
7.10 Illinois Tool Works Inc.
7.11 Jowat Corporation
7.12 LORD Corporation
7.13 Mapei Construction Products India Pvt Ltd
7.14 Permabond LLC
7.15 Pidilite Industries Limited
7.16 Republic Chemical Insustries
7.17 Sika AG
7.18 Wacker Chemie AG
7.19 Welbound
*List not exhaustive

8. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
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4 of 5
  • 3M
  • Anabond
  • Arkema
  • Ashland
  • Avery Dennison Corporation
  • Dow Corning
  • H.B. Fuller
  • Henkel AG & Co. KGaA
  • Huntsman International LLC
  • Illinois Tool Works Inc.
  • Jowat Corporation
  • LORD Corporation
  • Mapei Construction Products India Pvt Ltd
  • Permabond LLC
  • Pidilite Industries Limited
  • Republic Chemical Insustries
  • Sika AG
  • Wacker Chemie AG
  • Welbound
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown