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Worldwide Adhesives & Sealants Market is Expected to Grow by a CAGR of 5% and touch $100 billion by 2030



A new report from Industry Experts Inc., on "Adhesives & Sealants Market", reveals that the global demand is anticipated to record a CAGR of 4.9% over the 2024-2030 analysis period and reach a projected US$99.5 billion by 2030 from an estimated US$77.6 billion in 2024.

Adhesives and Sealants are versatile materials used to bond surfaces and seal joints or gaps, respectively. Adhesives create a strong, permanent bond between two surfaces, enabling them to function as a single unit, while sealants are primarily used to prevent the passage of fluids, air, or contaminants by filling gaps and providing a barrier. These materials play a crucial role in various industries due to their ability to improve performance, reduce weight, and enhance the durability of products.

Asia-Pacific, with a volume consumption share of 52% in 2024, is the largest region for global Adhesives & Sealants market and also the fastest growing region during 2024-2030 outlook period. Europe is the second largest market for Adhesives & Sealants worldwide, followed closely by North America and expected to post below average CAGRs of under 3% over the outlook period.

The global market for Adhesives and Sealants is analyzed in this report covering all the major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Poland, Russia, Spain, Sweden, the Netherlands, the United Kingdom and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, Thailand and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Rest of World (Saudi Arabia, South Africa, Turkiye, the United Arab Emirates and Other Rest of World).

Adhesives and Sealants market studied in this report with respect to Product Type – Adhesives and Sealants; Adhesives Technologies – Adhesives Based on Natural Polymers, Water-borne Adhesives, Hot-melt Adhesives, Solvent-borne Adhesives, Reactive Adhesives, Adhesives Based on Water-soluble Polymers and Adhesives Based on Other Technologies; Adhesive Chemistry Type – Vinyl Adhesives, Acrylic Adhesives, Polyurethane Adhesives, Elastomer/Rubber Adhesives, Epoxy Adhesives and Other Adhesives; Sealants Chemistry Type – Silicone Sealants, Acrylic Sealants, Polyurethane Sealants, Polysulfide Sealants, Silane Modified Sealants, Butyl Rubber Sealants, Oil-base Sealants and Other Sealants Types; Adhesives Application – Building & Construction, Consumer/DIY, Furniture/Woodworking, Leather & Footwear, Packaging/Converting, Transportation and Industrial Assembly/Other; and Sealants Application – Building & Construction, Consumer/DIY, Industrial Assembly and Transportation.

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News Release: Worldwide Adhesives & Sealants Market is Expected to Grow by a CAGR of 5% and touch $100 billion by 2030
Submitted on: January 30, 2025 05:35:41 AM
Submitted by: IndustryexpertsMedia
On behalf of: industry-experts.com/verticals/chemicals-and-materials/global-adhesives-and-sealants-market
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