Market Research Report
Asia-Pacific Adhesives & Sealants Market - Size, Trends, Competitive Analysis, Market Share and Forecasts (2018-2025)
|Published by||DataM Intelligence||Product code||755179|
|Published||Content info||130-180 Pages
Delivery time: 1-2 business days
|Asia-Pacific Adhesives & Sealants Market - Size, Trends, Competitive Analysis, Market Share and Forecasts (2018-2025)|
|Published: May 1, 2018||Content info: 130-180 Pages||
The Asia-Pacific Adhesives & Sealants market was valued at USD xx million in 2017 and is estimated to reach USD xx million by 2025, with a CAGR of xx% during the forecast period (2018-2025).
An adhesive is a chemical that used to bind two different surfaces and a sealant is used to stop fluid leakage. These are accounted within one industry but differs based on their performance and functions. Adhesives are used to hold and bind two surfaces and similar applications due to its high holding strength while sealants have low strength but the greater flexibility that is to used fill gaps and resist relative movement of substrates.
Packaging Industry occupies the largest market share in Adhesives & Sealants market:
By application, the market is segmented into Paperboard & packaging, Building & construction, Woodworking & joiner, Transportation, Footwear & leather, Medical, and Others. Paperboard & Packaging occupies the largest market share for adhesives & sealants in Asia-Pacific region. Packaging industries both adhesives & sealants for various customized packaging that is suitable for various requirements and products. There are several packaging applications such as Bags, Carton Side Seam & Closures, Cigarettes and Filters, Composite Containers and Tubes, Corrugated Board, Cups, Disposables (Non-Wovens), Envelopes, Film: Film and Film: Foil Laminates, Flexible Packaging, Labels/Signs/Decals, Remoistenable Products, and Specialty Packaging.
Solvent-based polyurethanes are the leading flexible-packaging adhesives, but 100% solid and water-based technology is growing faster. China, Japan, and India consumed over 80% of the flexible packaging adhesive dollars.
For instance, in 2018, Dow Packaging & Specialty packaging has introduced Adcote HP solvent-borne adhesives to its Adcote adhesive and coatings offerings. This product has a greater bond strength and resistant to heat.
Almost all of the industrial products are sold in packaging - either due to stability requirements for storage and transport or for aesthetic reasons, resulting in the growth of adhesives & sealants market.
The Asia-Pacific adhesive and sealants market is segmented into China, India, Japan, Australia, Philippines, and Rest of Asia-Pacific region.
China is the Asia-Pacific's largest consumer of adhesives for pressure-sensitive products such as footwear, woodworking, packaging, disposable products and the second-largest consumer of electronic adhesives in the world and expected to grow further during the forecast period.
Around 42 percent of children get cavities in their baby teeth and 21 percent of kids get cavities in their permanent teeth all before age 12. So, due to increasing dental problems, Dental sealants is a growing market as they dental sealants protect against 80 percent of cavities for two years and continue to protect against 50% of cavities for up to four years.
The Asia-Pacific adhesive & sealants market is segmented based on the adhesive type such as water-based, solvent-based, Hot melt, pressure-sensitive, and Others. Further, the market is segmented based on the sealant type such as One-component sealants, Two-component sealants, and Sealant tapes. In addition, the market is further segmented based on applications such as Paperboard & packaging, Building & construction, Woodworking & joiner, Transportation, Footwear & leather, Medical, and Others.
The major companies in the Adhesives & Sealants market include 3M, Dow Chemicals, Henkel AG & Co. KGaA, Avery Dennison, Ashland Inc., Benson Polymers Ltd., Franklin International, Sika AG, Huntsman Corp., Wacker Chemie AG.
Companies such as Avery Dennison and BASF have also increased their presence by actively implementing sustainable processes to focus on the development of bio-based products, in line with global trend.
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
"Chapter 1. Methodology and Scope