Latest News- Adhesives And Sealants Market: Water based is expected to lead the Technology segment during 2025-2029

The Adhesives And Sealants Market is being driven by Growing demand from construction and food packaging applications

The Adhesives And Sealants Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 18.3 billion. The medical sector's increasing reliance on adhesives and sealants is projected to drive market growth in the forecast period. In this domain, adhesives frequently surpass the functionality of conventional fasteners. New adhesive technologies are gaining traction in the reusable medical device market, particularly for devices such as ECG electrodes, grounding plates, and others. These devices are fabricated from engineering resins like polyphenylene sulfide (PPS), polyolefins, and metals, including aluminum, titanium, nickel, and stainless steel. Medical adhesives, including epoxy, silicone, polysulfides, and polyurethanes, are utilized extensively in medical applications. For instance, Structalit 701 from Panacol-Elosol GmbH is a medical-grade adhesive that facilitates the bonding of surgical instruments. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Technology
  • Water based
  • Solvent based
  • Hot melt
  • Others
• End-user
  • Building and construction
  • Paper and packaging
  • Transportation
  • Leather and footwear
  • Others
• Product Type
  • Acrylic
  • Polyurethanes
  • Silicone-based adhesives and sealants
  • Epoxy
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand from construction and food packaging applications
• Growing demand from developing countries
• Shift in preference for hot-melt adhesives

However, the market also witnesses some limitations, which are as follows:

• Volatility in raw material prices
• Lack of awareness of bio-based adhesives and sealants
• Stringent regulations and policies

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Market Scope in Adhesives And Sealants Market Research Report

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Research Analysis Overview

The Adhesives and Sealants Market encompasses various product categories, including structural adhesives, high-strength adhesives, pressure-sensitive adhesives, hot melt adhesives, reactive adhesives, and water-based/solvent-based adhesives. Sealants segment includes moisture-cure, UV-cure, flexible, and rigid types, such as silicone, polyurethane, acrylic, mastic, and vibration damping or thermal insulation solutions. Adhesion promoters, surface preparation, application equipment, and bonding processes are essential components. Coating systems, dispensing guns, and sealant application techniques impact cure rate, bond line thickness, service life, and performance testing. Quality assurance, health and safety, environmental impact, sustainable sourcing, and circular economy principles are crucial considerations. Digital twin technology, predictive maintenance, smart manufacturing, data-driven decision making, value chain optimization, and supply chain resilience are emerging trends. VOC emissions are a key environmental concern.

Market Research Overview

The global commodity chemicals market encompasses businesses specializing in the production of industrial and basic chemicals, such as adhesives and sealants formulations, temperature and UV resistant compounds, and moisture-resistant materials. This sector, excluding diversified chemical producers, fertilizers and agricultural chemicals, industrial gases, and specialty chemicals, is anticipated to experience growth due to the escalating demand for plastic packaging. As the preferred material in the packaging industry, plastic's increasing usage for lightweight, corrosion-resistant applications continues to fuel innovation, thereby significantly impacting the chemicals sector and their role in manufacturing plastic packaging materials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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