Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 61.97 Billion | USD 115.23 Billion | 6.4% | 2024 |
FrequentlyAsked Questions
Adhesives and sealants are materials used to bond surfaces together (adhesives) or to seal gaps and prevent leakage (sealants). Though similar in function and sometimes composition, they serve different roles in manufacturing, construction, automotive, packaging, and many other industries.
The global adhesives & sealants market is expected to grow due to rising adoption of lightweight and sustainable materials, increasing demand in construction and automotive industries, growing applications in packaging and electronics, and advancements in high-performance bonding technologies.
According to a study, the global adhesives & sealants market size was worth around USD 61.97 Billion in 2024 and is expected to reach USD 115.23 Billion by 2034.
The global adhesives & sealants market is expected to grow at a CAGR of 6.4% during the forecast period.
Asia-Pacific is expected to dominate the adhesives & sealants market over the forecast period.
Leading players in the global adhesives & sealants market include Arkema S.A, The 3M Company, BASF SE, Evonik Industries AG, Scott Bader Co, H.B. Fuller, Henkel AG & Co. KGAA, Lord Corporation, Sika AG, and Uniseal Inc., among others.
The report explores crucial aspects of the adhesives & sealants market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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