| Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, UNITED STATES
Wilmington, Delaware, Nov. 03, 2023 (GLOBE NEWSWIRE) — According to RationalStat market study, the Global Adhesives & Sealants Market value is estimated at US$ 65.7 billion in 2023 and is expected to rise at a strong CAGR of over 4.3% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Adhesives and sealants are compounds that are used to attach or join materials together and prevent fluids, gases, or particles from passing between them. They are critical in a variety of industries, including automotive, construction, aerospace, electronics, packaging, and healthcare.
Environmentally friendly products are becoming increasingly popular. Many traditional bonding procedures use hazardous chemicals. Adhesives and sealants provide a more environmentally friendly option, and as environmental restrictions tighten, industries are migrating towards these solutions.
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Global Adhesives & Sealants Market: Segmental and Market Share Analysis
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Competition Analysis and Market Structure
Some leading players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global adhesives & sealants market include,
These companies offer a wide range of adhesives and sealants for a variety of industries, including construction, automotive, packaging, electronics, and consumer goods. They are constantly innovating to develop new and improved products that meet the evolving needs of their customers.
Some of the prominent players and suppliers operating and contributing significantly to the global adhesives & sealants market growth include 3M, Henkel AG & Co. KGaA, H.B. Fuller, Arkema, Dow, Bostil, Pidilite Industries, RPM Industries, Soudal, Ashland, Sika AG, and Avery Dennison Corporation, among others.
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RationalStat has segmented the global adhesives & sealants market based on product type, technology, end user and region
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Key Questions Answered in the Adhesives & Sealants Report:
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