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PUBLISHER: Bonafide Research & Marketing Pvt. Ltd. | PRODUCT CODE: 1158818

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PUBLISHER: Bonafide Research & Marketing Pvt. Ltd. | PRODUCT CODE: 1158818

Colombia Adhesives & Sealants Market Overview, 2027

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Adhesives and sealants are made from a mixture of resins, additives, and solvents. It has strong mechanical and tensile strength, making it a viable fastener for high-pressure situations, and the combination of adhesives and sealants depends entirely on its end use. The adhesive is used to bond two surfaces together indefinitely and with varying amounts of tension. While sealants usually have less strength compared to glue, they are often used to fill gaps and resist the relative movement of the surfaces to which they are applied. Sealants, despite not having great strength, convey a number of properties. They seal top structures to the substrate and are particularly effective in waterproofing processes by keeping moisture out (or in) the components in which they are used. They can provide thermal and acoustical insulation and may serve as fire barriers.

According to a report titled "Colombia Adhesive & Sealant Market Overview, 2027," published by Bonafide Research, adhesives and sealants are expected to grow at a significant rate during the forecast period. Among adhesives and sealants, adhesives have the majority of the market share. However, the sealant market is expected to grow at a healthier rate than adhesives during the forecast period. In adhesive formulation technology, water-based adhesives lead the market due to the fact that they possess a variety, flexibility, and economic practicality. Water-based adhesives set quickly and form powerful bonds that, unless exposed directly to excess water or moisture, remain strong for an extended period of time. During the forecast period, hot-melt adhesives are expected to grow at a lucrative rate due to the increasing use of polyester hot-melt adhesives in the textile and fabric industries. Moreover, the use of hot melt adhesive products in the dashboard of automotive vehicles is increasingly becoming popular. These products find applications in the dashboard, wherein they offer reduced vibrations coupled with greater insulation from the sound. The increased emphasis on providing soundproof rides is expected to drive product penetration in the automotive industry during the forecast period. In adhesives by application, paper, cardboard, and packaging hold the highest market share due to increasing online shopping with rising internet technologies and web applications. Moreover, the demand for cosmetics and food and beverage products is expected to grow due to the growing population, demand for quality products, urbanization, and consumers' inclination toward technology, hence, fuelling the demand for the packaging industry. During the forecast period, electrical and electronics are expected to grow at a significant rate due to increasing demand for the miniaturization/automation of mobile devices, touch screens, displays, and medical electronic systems. The consumption of electrical adhesives is increasing as the demand for these products grows. In sealants by resin type, silicone sealant is the most commonly used sealant in factors like bonding glass, ceramics, metals, plastic, concrete, and bricks. They are also used in aerospace and engineering. The main applications of silicone sealant are its construction properties and inertness. Because of increased urbanization, the demand for housing has increased, giving rise to the building and construction industry. Due to this, there is an increase in the use of sealants.

The application of adhesives and sealants releases large amounts of chemical gases that are considered harmful and dangerous when inhaled. The regulations on their use are becoming stricter. In addition, the growing awareness of consumers about health and the environment has become a major concern for manufacturers. These factors may act as restraints for the growth of the adhesives and sealants market.

The global healthcare sector has expanded significantly over the past few years. As a result, all associated industries flourished, including medical adhesives. Medical adhesives have thrived as new treatments and technologies have emerged. On the other hand, the expanding healthcare industry will benefit and drive the growth of the medical adhesives market.

COVID-19

The COVID-19 outbreak has disrupted most supply chains across the country. Certain adhesives have witnessed strong demand due to their applications in the paper and packaging industries as well as healthcare. The shutting down of automotive companies where adhesives and sealants are used as a prime bonding material for hoods, grills, and interior panels, has temporarily hampered the growth of the adhesives and sealants market. Furthermore, falling consumer income and international travel restrictions led to a decrease in demand for adhesives and sealants.

Considered in this report:

  • Geography: Colombia
  • Base year: 2021
  • Estimated year: 2022
  • Forecast year: 2027

Aspects covered in this report:

  • Colombia Adhesives & Sealants market with its value and forecast along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

By Type in the report:

  • Adhesive
  • Sealant

By Formulating Technology in the report:

  • Water-based
  • Solvent-based
  • Hot-melt
  • Reactive & Others

By Resin Type in the report:

  • Silicone
  • Polyurethane
  • Acrylic
  • Polyvinyl Acetate
  • Other Sealant Product

By Application in the report:

  • Paper, Board, and Packaging
  • Buildings and Construction
  • Automotive & Transportation
  • Woodworking and Joinery
  • Footwear and Leather
  • Healthcare
  • Electrical and Electronics
  • Consumer & DIY
  • Other End-user Industries

The approach of the report:

This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we have started verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Adhesives & Sealants Industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Product Code: 6210699124

Table of Contents

1. Executive Summary

2. Introduction

  • 2.1. Market Definition
  • 2.2. Market Scope & Segmentation
  • 2.3. Research Methodology

3. Colombia Macro-Economic Indicators

4. Colombia Adhesive & Sealant Market Category Analysis

  • 4.1. Key findings
  • 4.2. Market Drivers
  • 4.3. Market Restraints
  • 4.4. Policies & Certification
  • 4.5. Opportunities
  • 4.6. Value Chain Analysis
  • 4.7. Key Developments - 2021

5. Colombia Adhesive & Sealant Market Trends

6. Colombia Adhesive & Sealant Market Overview

  • 6.1. Market Size By Value
  • 6.2. Market Share
    • 6.2.1. By Type
    • 6.2.2. By Adhesive Formulating Technology
    • 6.2.3. By Sealant Resin Type
    • 6.2.4. By Application

7. Colombia Adhesive & Sealant Market Segmentations

  • 7.1. Colombia Adhesive & Sealant Market, By Type
    • 7.1.1. Colombia Adhesive & Sealant Market Size, By Adhesives, 2016 - 2027F
    • 7.1.2. Colombia Adhesive & Sealant Market Size, By Sealants, 2016 - 2027F
  • 7.2. Colombia Adhesive & Sealant Market, By Adhesive Formulating Technology
    • 7.2.1. Colombia Adhesive & Sealant Market Size, By Water-based, 2016 - 2027F
    • 7.2.2. Colombia Adhesive & Sealant Market Size, By Solvent-based, 2016 - 2027F
    • 7.2.3. Colombia Adhesive & Sealant Market Size, By Hot-melt, 2016 - 2027F
    • 7.2.4. Colombia Adhesive & Sealant Market Size, By Reactive & others, 2016 - 2027F
  • 7.3. Colombia Adhesive & Sealant Market, By Sealant Resin Type
    • 7.3.1. Colombia Adhesive & Sealant Market Size, By Silicone, 2016 - 2027F
    • 7.3.2. Colombia Adhesive & Sealant Market Size, By Polyurethane, 2016 - 2027F
    • 7.3.3. Colombia Adhesive & Sealant Market Size, By Acrylic, 2016 - 2027F
    • 7.3.4. Colombia Adhesive & Sealant Market Size, By Polyvinyl Acetate, 2016 - 2027F
    • 7.3.5. Colombia Adhesive & Sealant Market Size, By Other Sealant Products, 2016 - 2027F
  • 7.4. Colombia Adhesive & Sealant Market, By Application
    • 7.4.1. Colombia Adhesive & Sealant Market Size, By Paper, Board & Packaging, 2016 - 2027F
    • 7.4.2. Colombia Adhesive & Sealant Market Size, By Buildings & Construction, 2016 - 2027F
    • 7.4.3. Colombia Adhesive & Sealant Market Size, By Automotive & Transportation, 2016 - 2027F
    • 7.4.4. Colombia Adhesive & Sealant Market Size, By Woodworking & Joinery, 2016 - 2027F
    • 7.4.5. Colombia Adhesive & Sealant Market Size, By Footwear & Leather, 2016 - 2027F
    • 7.4.6. Colombia Adhesive & Sealant Market Size, By Healthcare, 2016 - 2027F
    • 7.4.7. Colombia Adhesive & Sealant Market Size, By Electricals & Electronics, 2016 - 2027F
    • 7.4.8. Colombia Adhesive & Sealant Market Size, By Consumer & DIY, 2016 - 2027F
    • 7.4.9. Colombia Adhesive & Sealant Market Size, By Other end users, 2016 - 2027F

8. Colombia Adhesive & Sealant Market Opportunity Assessment

  • 8.1. By Adhesive & Sealant By Type, 2022F to 2027F
  • 8.2. By Adhesive & Sealant By Adhesive Formulating Technology, 2022F to 2027F
  • 8.3. By Adhesive & Sealant By Sealant Resin Type, 2022F to 2027F
  • 8.4. By Adhesive & Sealant By Application, 2022F to 2027F

9. Competitive Landscape

  • 9.1. Porter's Five Forces
  • 9.2. Company Profiles
    • 9.2.1. Company 1
    • 9.2.2. Company 2
    • 9.2.3. Company 3
    • 9.2.4. Company 4
    • 9.2.5. Company 5
    • 9.2.6. Company 6
    • 9.2.7. Company 7
    • 9.2.8. Company 8

10. Strategic Recommendations

11. Disclaimer

Product Code: 6210699124

List of Figures

  • Figure 1: Colombia Adhesive & Sealant Market Size By Value 2016 to 2027 (In USD Million)
  • Figure 2: Colombia Adhesive & Sealant Market Share By Type (2016, 2021 & 2027)
  • Figure 3: Market Attractiveness Index, By Type
  • Figure 4: Market Attractiveness Index, By Adhesive Formulating Technology
  • Figure 5: Market Attractiveness Index, By Sealant Resin Type
  • Figure 6: Market Attractiveness Index, By Application

Figure-7: Porter's Five Forces Meter of Adhesive & Sealant Industry in Colombia

List of Tables

  • Table 1: Colombia Adhesives Market Share By Formulating Technology 2016, 2021 & 2027F
  • Table 2: Colombia Sealants Market Share By Resin Type 2016, 2021 & 2027F
  • Table 3: Colombia Adhesives & Sealants Market Share By Application 2016 to 2027F
  • Table 4: Colombia Adhesive & Sealant Market Size of Adhesives (2016 to 2027F) (In USD billion)
  • Table 5: Colombia Adhesive & Sealant Market Size of Sealants (2016 to 2027F) (In USD billion)
  • Table 6: Colombia Adhesive & Sealant Market Size of Water-based (2016 to 2027F) (In USD billion)
  • Table 7: Colombia Adhesive & Sealant Market Size of Solvent-based (2016 to 2027F) (In USD billion)
  • Table 8: Colombia Adhesive & Sealant Market Size of Hot-melt (2016 to 2027F) (In USD billion)
  • Table 9: Colombia Adhesive & Sealant Market Size of Reactive & Others (2016 to 2027F) (In USD billion)
  • Table 10: Colombia Adhesive & Sealant Market Size of Silicone (2016 to 2027F) (In USD billion)
  • Table 11: Colombia Adhesive & Sealant Market Size of Polyurethane (2016 to 2027F) (In USD billion)
  • Table 12: Colombia Adhesive & Sealant Market Size of Acrylic (2016 to 2027F) (In USD billion)
  • Table 13: Colombia Adhesive & Sealant Market Size of Polyvinyl Acetate (2016 to 2027F) (In USD billion)
  • Table 14: Colombia Adhesive & Sealant Market Size of Other Sealant Products (2016 to 2027F) (In USD billion)
  • Table 15: Colombia Adhesive & Sealant Market Size of Paper, Board & Packaging (2016 to 2027F) (In USD billion)
  • Table 16: Colombia Adhesive & Sealant Market Size of Buildings & Construction (2016 to 2027F) (In USD billion)
  • Table 17: Colombia Adhesive & Sealant Market Size of Automotive & Transportation (2016 to 2027F) (In USD billion)
  • Table 18: Colombia Adhesive & Sealant Market Size of Woodworking & Joinery (2016 to 2027F) (In USD billion)
  • Table 19: Colombia Adhesive & Sealant Market Size of Footwear & Leather (2016 to 2027F) (In USD billion)
  • Table 20: Colombia Adhesive & Sealant Market Size of Healthcare (2016 to 2027F) (In USD billion)
  • Table 21: Colombia Adhesive & Sealant Market Size of Electricals & Electronics (2016 to 2027F) (In USD billion)
  • Table 22: Colombia Adhesive & Sealant Market Size of Consumer & DIY (2016 to 2027F) (In USD billion)
  • Table 23: Colombia Adhesive & Sealant Market Size of Other end users (2016 to 2027F) (In USD billion)
  • Table 24: Key Facts of Company 1
  • Table 25: Key Facts of Company 2
  • Table 26: Key Facts of Company 3
  • Table 27: Key Facts of Company 4
  • Table 28: Key Facts of Company 5
  • Table 29: Key Facts of Company 6
  • Table 30: Key Facts of Company 7
  • Table 31: Key Facts of Company 24
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