FEATURED COMPANIES
- 3M Company
- Basf Se
- General Sealants Inc
- Henkel AG & Co Kgaa
- ITW Performance Polymers
- Sika AG
MARKET OUTLOOK
This research report on the Asia-Pacific sealants market estimates the market to develop in revenue and volume at a CAGR of 6.15% and 4.81%, respectively, during 2021-2028. India, South Korea, China, Australia & New Zealand, Japan, ASEAN countries, and Rest of APAC form the overall market in this region.India is considered to have the fifth-largest packaging industry globally, and it is estimated to grow further in the near future. The industry’s growth is mainly due to the rising innovations in industries to transform products to become more compact and portable. Moreover, rising employment across the nation has led to an increase in the adoption of ready-to-eat products. Additionally, there is a growing demand for cosmetic products, along with rising e-commerce platforms. Hence, the rapid growth in the e-commerce sector and demand from multiple end-user industries, such as food & beverage and cosmetics, are stimulating the demand for sealants in the packaging sector, thereby propelling the sealants market’s progress in India.
Likewise, in South Korea, the packaging industry has been observing significant growth in the recent past due to the rising product packaging innovations that make them more convenient for consumers. For instance, microwavable packaging is expected to impact the overall packaging sector in the near future positively. Further, the consumption of South Korean staple food and rice has reduced significantly, and the consumption of meat and dairy products has surged. Also, the younger population is showing an inclination towards western-style foods and brands. These factors are largely contributing to the growth of the packaging industry. Thus, the packaging industry's growing trends are likely to increase the demand for sealants, boosting the South Korean sealants market.
COMPETITIVE OUTLOOK
Some of the companies in the sealants market are ITW Performance Polymers, Pidilite Industries Limited, HB Fuller Company, Henkel Ag & Co KGaA, Momentive Performance Materials Inc (MPM), Dow Chemical Company, and Arkema SA.Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Company
- Basf Se
- General Sealants Inc
- Henkel AG & Co Kgaa
- ITW Performance Polymers
- Sika AG
1. Asia-Pacific Sealants Market - Summary
2. Industry Outlook
3. Asia-Pacific Sealants Market Outlook - by Sealant Type (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
4. Asia-Pacific Sealants Market Outlook - by End-User (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
5. Asia-Pacific Sealants Market – Regional Outlook (In Terms of Value: $ Million & in Terms of Volume: Kiloton)
6. Competitive Landscape
7. Research Methodology & Scope
Table List
Figure List
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- 3M Company
- Arkema Sa
- Avery Dennison Corporation
- Basf Se
- Dow Chemical Company
- General Sealants Inc
- Hb Fuller Company
- Henkel AG & Co Kgaa
- Huntsman Corporation
- ITW Performance Polymers
- Momentive Performance Materials Inc (Mpm)
- Pidilite Industries Limited
- RPM International Inc
- Sika AG
- Uniseal Inc
Note: Product cover images may vary from those shown
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