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Elastic Adhesives & Sealants Market by Resin Type (Polyurethane, Silicone, SMP), End-Use Industry (Construction, Industrial, Automotive & Transportation), Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2024

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  • 177 Pages
  • August 2019
  • Region: Global
  • Markets and Markets
  • ID: 4832847

The elastic adhesives & sealants market is projected to register a CAGR of 6.9%, in terms of value, between 2019 and 2024

The growth of end-use industries such as construction, industrial, and automotive & transportation as well as growing demand for silicone and SMP adhesives are the key factors driving the elastic adhesives & sealants market. However, the lack of acceptance from end-users is expected to hamper the growth of the market.

The SMP segment is estimated to be the fastest-growing segment of the overall elastic adhesives & sealants market during the forecast period

SMP resin market is projected to register the highest CAGR, aided by the stringent environmental regulations. These regulations prohibit the use of highly toxic solvents, which have VOC emissions. As SMP adhesives & sealants are odorless, free of isocyanates and solvents, and emit no VOCs, their demand is expected to increase. In addition, they do not require primers and have adhesion with almost every substrate, excellent weathering resistance, color stability, and UV resistance, and are easily paintable and retain the quality of paint.

The elastic adhesives & sealants market in the automotive & transportation end-use industry is expected to witness the highest CAGR during the forecast period

Elastic adhesives & sealants find numerous uses in automobiles, such as in front glass windshield, side glass, and car body. They are used in places requiring moderate adhesion but high elongation. For vehicle manufacturers, the use of elastic adhesives with their multi-function properties reduces the number of separate processing stages and enables a more streamlined production operation. Further, the customer also benefits from fuel savings with the use of lightweight and elastic bonded materials.

APAC elastic adhesives & sealants market is estimated to register the highest CAGR during the forecast period

The APAC elastic adhesives & sealants market is segmented into China, Japan, India, Indonesia, and Rest of APAC. The APAC region is a lucrative market for elastic adhesives & sealants owing to the increasing demand from packaging industries and improving economic conditions. Product innovations, new research and development projects, and increasing demand from various end-use industries have also fueled the demand for elastic adhesives & sealants in APAC.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in elastic adhesives & sealants market, and information was gathered from secondary research to determine and verify the market size of several segments and subsegments.

  • By Company Type: Tier 1 – 70%, Tier 2 – 20%, and Tier 3 – 10%
  • By Designation: C Level – 40%, D Level – 30%, and Others – 30%
  • By Region: APAC – 40%, North America – 20%, Europe – 20%, South America- 10%, and the Middle East & Africa – 10%

The key companies profiled in this report are the Henkel AG & CO. KGAA (Germany), Arkema S.A. (France), H.B. Fuller Company (US), DowDuPont Inc. (US), Sika AG (Switzerland), and 3M Company (US).

Research Coverage:

This report provides detailed segmentation of the elastic adhesives & sealants market based on, resin, end-use industry, and region. With respect to resin, the elastic adhesives & sealants market has been segmented into polyurethane, silicone, SMP, and others. Based on end-use industry, the market has been segmented into construction, industrial, and automotive and transportation. Based on the region, the market has been segmented into the Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

Key Benefits of Buying the Report:

From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share 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.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data Key Data From Secondary Sources
2.1.2 Primary Data Key Data From Primary Sources Key Industry Insights Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Elastic Bonding Adhesives & Sealants Market: Major Resin Types
4.3 Elastic Bonding Adhesives & Sealants Market in APAC
4.4 Global Elastic Bonding Adhesives & Sealants Market
4.5 Elastic Bonding Adhesives & Sealants Market: Developed vs. Developing Nations
4.6 Elastic Bonding Adhesives & Sealants Market: Growing Demand From APAC

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increasing Demand From the Glazing and Panel Applications Advancements in Adhesive Bonding Leading to Ease of Application Rising Demand From Developing Countries Growing Demand From End-Use Industries Increasing Use of Silicone Elastic Bonding Adhesives & Sealants in Various Industries Growing Demand for Lightweight and Low Carbon Emitting Vehicles Growing Demand for Smp Adhesives
5.2.2 Restraints Lack of Acceptance From End Users
5.2.3 Opportunities Growing Demand for Non-Hazardous, Green, and Sustainable Elastic Bonding Adhesives & Sealants Innovations Across End-Use Industries
5.2.4 Challenges Stringent Regulatory Approvals Required for Production
5.3 Porter’s Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Macroeconomic Overview and Key Indicators
5.4.1 Introduction Global Gdp Trends and Forecasts Forecast of the Construction Industry Growth Indicators in the Automotive Industry
5.5 Patent Details
5.5.1 List of Major Patents

6 Elastic Bonding Adhesives & Sealants Market, By Resin Type
6.1 Introduction
6.2 Polyurethane
6.3 Silicone
6.4 Silane Modified Polymers (SMP)
6.5 Others

7 Elastic Bonding Adhesives & Sealants Market, By End-Use Industry and Application
7.1 Introduction
7.2 Construction
7.2.1 Flooring
7.2.2 Glazing
7.2.3 Sanitary & Kitchen
7.2.4 Off-Site Operations
7.2.5 Civil Engineering
7.2.6 Others
7.3 Industrial
7.3.1 Direct Glazing
7.3.2 Assembly
7.3.3 Others
7.4 Automotive & Transportation

8 Elastic Bonding Adhesives & Sealants Market, Regional Analysis
8.1 Introduction
8.2 North America
8.2.1 US By Application
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany By Application
8.3.2 France
8.3.3 Italy
8.3.4 UK
8.3.5 Russia
8.3.6 Turkey
8.3.7 Spain
8.3.8 Rest of Europe
8.4 APAC
8.4.1 China By Application
8.4.2 India By Application
8.4.3 Japan By Application
8.4.4 South Korea
8.4.5 Taiwan
8.4.6 Thailand
8.4.7 Malaysia
8.4.8 Rest of APAC
8.5 South America
8.5.1 Brazil
8.5.2 Argentina
8.5.3 Colombia
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Africa
8.6.3 Rest of Middle East & Africa

9 Competitive Landscape
9.1 Overview
9.2 New Product Launches
9.3 Expansions
9.4 Acquisitions

10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping, 2018
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
10.3 Competitive Benchmarking
10.3.1 Strength of Product Portfolio
10.3.2 Business Strategy Excellence
10.4 Competitive Scenario
10.4.1 New Product Launch
10.4.2 Investment & Expansion
10.4.3 Merger & Acquisition

11 Company Profiles
11.1 Henkel
11.2 Sika
11.3 Arkema
11.4 Dow Chemical
11.5 3M
11.6 H.B. Fuller
11.7 Weicon
11.8 Threebond
11.9 Cemedine
11.10 Beijing Comens New Materials
11.11 Other Players
11.11.1 New Polyurethane Technologies (Npt)
11.11.2 Mapei
11.11.3 Soudal
11.11.4 Jowat
11.11.5 Permabond
11.11.6 Dymax
11.11.7 Grupo Celo
11.11.8 Hermann Otto
11.11.9 Kleiberit
11.11.10 Recoll
11.11.11 Aderis
11.11.12 Shanghai Sepna Chemical Technology
11.11.13 Tremco Illbruck
11.11.14 Illinois Tool Works
11.11.15 Huntsman
11.11.16 Merz+Benteli



Executive Summary

Companies Mentioned

  • 3M
  • Aderis
  • Arkema
  • Beijing Comens New Materials
  • Cemedine
  • Dow Chemical
  • Dymax
  • Grupo Celo
  • H.B. Fuller
  • Henkel
  • Hermann Otto
  • Huntsman
  • Illinois Tool Works
  • Jowat
  • Kleiberit
  • Mapei
  • Merz+Benteli
  • New Polyurethane Technologies (Npt)
  • Permabond
  • Recoll
  • Shanghai Sepna Chemical Technology
  • Sika
  • Soudal
  • Threebond
  • Tremco Illbruck
  • Weicon