Adhesives and sealants are materials that are used to join two or more surfaces together. Adhesives are typically used to bond two surfaces together, while sealants are used to fill in gaps and prevent leaks. Adhesives and sealants are available in a variety of formulations, including water-based, solvent-based, and hot-melt.
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Key Trends
There are three key trends in adhesives and sealants technology:
1. Adhesives and sealants are becoming more specialized. This is due to the increasing number of applications for these materials, as well as the need for more specific properties in certain applications.
2. Adhesives and sealants are becoming more durable. This is due to the development of new formulations and the use of stronger materials.
3. Adhesives and sealants are becoming more environmentally friendly. This is due to the development of new formulations that are less harmful to the environment.
Key Drivers
There are a few key drivers of the Adhesives and Sealants market.
Firstly, the ever-growing demand for packaged food and beverages is fuelling the need for Adhesives and Sealants.
Secondly, the increasing popularity of do-it-yourself (DIY) projects is also driving the market growth.
Thirdly, the rising construction activities around the globe are fuelling the demand for adhesives and sealants. Lastly, the growing automotive industry is also driving the market growth.
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Market Segments
The adhesives and sealants market is segmented by application, resin type, and region. By application, the market is classified into building, automotive, consumer, and others. Based on resin type, it is bifurcated into silicone, emulsion, polysulfide, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global adhesives and sealants market includes players such as Arkema S.A., BASF SE, Evonik Industries AG, H.B. Fuller, Henkel AG & Co KGAA, Lord Corporation, Scott Bader Co, Sika AG, The 3M Company, Uniseal Inc, and others.
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