Market Research Report
United States Adhesives & Sealants Market - Segmented by Technology (Waterborne, Solvent-Borne, Reactive, Hot-Melts), Resin (Epoxy, Silicone, Polyurethane, Acrylic), and End-User Industry - Growth, Trends, and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||704909|
|Published||Content info||107 Pages
Delivery time: 2-3 business days
|United States Adhesives & Sealants Market - Segmented by Technology (Waterborne, Solvent-Borne, Reactive, Hot-Melts), Resin (Epoxy, Silicone, Polyurethane, Acrylic), and End-User Industry - Growth, Trends, and Forecast (2018 - 2023)|
|Published: August 18, 2018||Content info: 107 Pages||
The market for United States adhesives & sealants is expected to reach over USD 14.1 billion by 2023. This significant growth is primarily driven by the rising demand in composite joints and increased design flexibility in various end-users like automotive, construction, etc.
Rising Demand in Composite Joints
One of the main benefits of employing adhesives & sealants include their ability to join two substrates of different nature. Recently, adhesives have become a popular choice for joining composite materials together. These adhesives can withstand heavy loads & pressures, high temperatures and other extreme conditions. Most commonly known composites are glass fiber, carbon fiber, graphite reinforced composites and Kevlar. These composites can be bonded to each other very easily using adhesives and sealants. With the increasing adaptation of composite materials in various end-user industries such as automotive, construction, etc. The consumption of adhesives and sealants is expected to witness significant growth during the forecast period.
Water-borne Segment to Contribute Significant Demand to the United States Adhesives & Sealants Market
Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent rather than a volatile organic solvent, and they can be considered as low VOC adhesives. Water-borne adhesives are produced from either soluble synthetic polymers (from polymers such as cellulose ethers, polyvinyl alcohol, methylcellulose, carboxymethylcellulose, and polyvinylpyrrolidone) or natural polymers (from vegetable sources such as starches and dextrins; protein sources such as blood, fish, milk albumen, and soybean; and animal sources such as bones and hides). These are increasingly becoming an integral part of various end-user industries, owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties. Water-borne adhesives a wide range of applications in the automotive, construction, shoe, woodwork & furniture, mattress, and paper & packaging industries, among others. This market is driven by a number of factors, such as increasing consumer awareness regarding VOC emissions, a growing automotive and construction industry, and accelerating demand from the packaging industry.
United States Adhesives & Sealants Market Major Players: 3M, Henkel AG & Co. KGaA, Huntsman International LLC, Sika AG, H.B.Fuller Company, etc. among others.
Reasons to Purchase United States Adhesives & Sealants Market Report
Identify the current and future prospects of the United States adhesives & sealants market in the developed and emerging areas.
Analyze various perspectives of the market with the help of Porter's five forces analysis
Identify the technology, resin type and end-user industries that are expected to dominate the market
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
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