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Market Research Report

Southeast-Asia Adhesives and Sealants Market - Segmented by Technology, Product Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)

Published by Mordor Intelligence LLP Product code 629059
Published Content info 146 Pages
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Southeast-Asia Adhesives and Sealants Market - Segmented by Technology, Product Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)
Published: March 20, 2018 Content info: 146 Pages

The Southeast Asia Adhesives and Sealants market are expected to grow at steady pace during the forecast period, 2018 to 2023. Increasing Adoption of Low Cost Flexible Packaging Aids, recovering automotive industry in Indonesia and Thailand, along increasing urbanization & infrastructure uniformly across the region will drive adhesive & sealant market in region.

Recovering Automotive Industryin Thailand & Indonesia

The production of automotive in Thailand and Indonesia has shown a growth by 2.28% and 3.30 % respectively in 2017. Adhesives and Sealants have become a prime technology component of automotive applications, as they are continuously replacing traditional bonding or adhesion methods. Moreover, the recent advancements in adhesive technologies in the region are aiding automobile manufacturers in the production of lightweight and fuel-efficient vehicle.The focus on minimizing carbon emission and enhancing fuel economy, by reducing the vehicle's weight, has provided an impetus to adhesives, as a bonding material for the manufacturing of automobiles. With the increase in consumer population in growing economies, like Thailand and Indonesia, vehicle production will also increase over the years adding with all factors listed above, the demand for adhesives and sealants in the automotive industry is also expected to increase.

Construction Industry fueling positive Growth

Adhesives and sealants, owing to their characteristics and physical properties have extensive use in the building and construction industry. They have a myriad of applications; they are used in heating, ventilation, air conditioning, concrete, joint cements etc. With growing urbanization and infrastructure development across the region, supporting the continuous increase of consumers, it will likely thrive higher construction demand. This demand is expected to be boosted by an anticipated increase in demand for institutional and other buildings, such as healthcare facilities, Residential etc. Government's huge investments in public welfare and infrastructure programs are expected to augment the adhesive & sealant market due to its large number of applications in construction sector.

Indonesia to Lead the Market

The growth potential in the Indonesian market is huge and government economic reforms have supplemented the growth environment. The construction sector in Indonesia has a huge demand for more spending on infrastructure and population growth has boosted lifestyle trends and new housing and construction activity in the country. The automotive industry is recovering, which is increasing the demand for adhesives & sealants in the country. The electronics industry too has an increasing demand year on year basis due to increasing middle-class income and upper-class preference for new trends that have significantly increased the market for adhesives & sealants in the country.

Notable Developments in the Market

  • January 2018: Bostik Singapore announced the integration of Arkema, Bostik & Den Braven, and setting up the new office
  • Major Players: Henkel, Sika AG, 3M, Arkema Group, DowDuPont, and H.B. Fuller Co., amongst others.

Reasons to Purchase this Report:

  • To understand the impact of end-user applications on the market
  • Analyzing various perspectives of the market with the help of Porter's five forces analysis
  • To understand the dominating technology in the market
  • Countries expected to witness the fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report:

This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs

Table of Contents
Product Code: 50135

Table of Contents

1. Introduction

  • 1.1 Research Phases
  • 1.2 Scope of the Market
  • 1.3 Study Deliverables

2. Executive Summary

3. Market Insights

  • 3.1 Industry Value Chain Analysis
  • 3.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 3.2.1 Bargaining Power of Suppliers
    • 3.2.2 Bargaining Power of Consumers
    • 3.2.3 Threat of New Entrants
    • 3.2.4 Threat of Substitute Products and Services
    • 3.2.5 Degree of Competition

4. Market Dynamics

  • 4.1 Drivers
    • 4.1.1 Increasing Adoption Of Low Cost Flexible Packaging Aids
    • 4.1.2 Recovering Automotive Sector in Indonesia & Thailand
  • 4.2 Restraints
    • 4.2.1 Government Regulations Regarding VOC Emissions
    • 4.2.2 Other Restraints
  • 4.3 Opportunities
    • 4.3.1 Growing Government Investments in Infrastructre Development
    • 4.3.2 Shifting Focus Towards Bio-based Tackifiers

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)

  • 5.1 By Technology
    • 5.1.1 Water-borne
      • Acrylics
      • Polyvinyl Acetate (PVA) Emulsion
      • Ethylene Vinyl Acetate (EVA) Emulsion
      • Polyurethane Dispersions (PU)
      • CR (Chloroprene Rubber) Latex
      • Others
    • 5.1.2 Solvent-borne
      • Styrene-butadiene Rubber
      • Chloroprene Rubber
      • Poly Acrylate (PA)
      • Polyurethane
      • Others
    • 5.1.3 Reactive
      • Epoxy
      • Modified Acrylics & Cyanoacrylates
      • Silicone
      • Polyurethane
      • Anaerobic
      • Others
    • 5.1.4 Hot-melts
      • Ethylene Vinyl Acetate
      • Synthetic Rubbers
      • Others
    • 5.1.5 Others
  • 5.2 Sealants by Product Type
    • 5.2.1 Silicone
    • 5.2.2 Polyurerthane
    • 5.2.3 Acrylic
    • 5.2.4 Polyvinyl Acetate
    • 5.2.5 Others
  • 5.3 By End-user Industry
    • 5.3.1 Building & Construction
    • 5.3.2 Paper, Board & Packaging
    • 5.3.3 Woodworking & Joinery
    • 5.3.4 Transportation
    • 5.3.5 Footwear & leather
    • 5.3.6 Healthcare
    • 5.3.7 Electronics
    • 5.3.8 Others (Textile, Consumer goods, etc.,)

6. Regional Market Analysis (Market Size, Growth, and Forecast)

  • 6.1 Indonesia
  • 6.2 Malaysia
  • 6.3 Thailand
  • 6.4 Vietnam
  • 6.5 Philipines
  • 6.6 Singapore
  • 6.7 Myanmar
  • 6.8 Rest of Southeast Asia

7. Competitive Landscape

  • 7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 7.2 Market Share Analysis**
  • 7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)

  • 8.1 Arkema (Bostik-Thailand) Co., Ltd
  • 8.2 Bayer
  • 8.3 H.B. Fuller
  • 8.4 Henkel Chemicals (Thailand
  • 8.5 Jowat Corporation
  • 8.6 LORD Corporation
  • 8.7 Mapei Construction Products India Pvt Ltd
  • 8.8 Moresco
  • 8.9 Nan Pao Group
  • 8.10 Permabond LLC
  • 8.11 Pidilite Industries Limited
  • 8.12 PT. ArindcoPacific Chemicals -Indonesia
  • 8.13 Republic Chemical Insustries
  • 8.14 Sika AG
  • 8.15 Sunstar Chemical (Thailand
  • 8.16 Thai Mitsui Specialty Chemicals Co., Limited
  • 8.17 Wacker Chemie AG

List not Exhaustive

9. Disclaimer

*Subject to availability on public domain

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