Elastic Bonding Adhesive & Sealant Market to growing at a CAGR of 6.2% from 2021 to 2028.

According to projections, the market for elastic adhesives and sealants will increase from USD 17,045.1 Million in 2020 to USD 27,076.0 Million by 2028, at a compound annual growth rate (CAGR) of 6.2%. The market for elastic adhesives & sealants is primarily driven by the expansion of end-use industries like construction, industry, and automotive & transportation as well as the rising demand for silicone and SMP adhesives. By reducing the usage of screws, nails, fillet bonders, and lightweight fittings, elastic adhesives and sealants improve aesthetics in a variety of applications, including windows, consumer goods, and glass. These are frequently employed in processes including glazing, flooring, and assembly.

During the projection period, the polyurethane (PU) segment is anticipated to hold the biggest share.

Due to their superior adhesion and paintability properties, polyurethanes are frequently used to attach the windscreens, side, and rear windows of passenger cars, lorries, tractors, and special vehicles. PU adhesives are used to bond the windscreens and windows of passenger cars, lorries, tractors, and specialty vehicles due to their high elongation qualities and stronger bonding. Additionally, they are utilised to bind components made of fiberglass-reinforced plastic, such as roof, side, and frontal panels.

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The industry segment with the highest anticipated CAGR during the forecast period is automotive & transportation.

In cars, elastic adhesives & sealants are used in a variety of places such the front windshield, side windows, and body. They are utilised in applications needing great elongation but only moderate adhesion. Due to their multi-purpose capabilities, elastic adhesives are used by automakers to reduce the number of different processing steps and to expedite the production process. Additionally, the consumer gains from fuel savings due to the use of flexible and lightweight bonded materials.

The projection period is expected to have the highest CAGR in APAC.

China, Japan, India, South Korea, Thailand, Malaysia, and the Rest of APAC are the countries that make up the APAC elastic adhesives and sealants market segments. Due to industrial expansion and rising economic conditions, APAC is a growing and profitable market for elastic adhesives and sealants. Since this region has over 61% of the world’s population, the manufacturing and processing industries have expanded.

Business Dynamics

Demand from glazing and window panel applications is rising. Since adhesives have better joining qualities, aesthetic appeal, and a longer bond life than screws, they are frequently used to connect the glazing and window panels in new high-rise structures rather than screwing them in place. These structures offer great UV and weathering protection in addition to increased aesthetics. Elastic adhesives and sealants, when used to bond window panes and window panels, provide many benefits, including vibration dampening, quicker assembly, high finish quality, and a reduced need for cold-conducting metal frames in the panes and panels. The market for elastic adhesives & sealants is primarily being driven by the developed architectural setups, infrastructure designs, and glazing benefits.

Elastic Bonding Adhesive & Sealant Market: Key Players & Competitive Landscape

Some of the key players in the Elastic Bonding Adhesive & Sealant market are Dow Inc., Wacker Chemie AG, Henkel Corporation, Threebond Group, Kaneka Corporation, H. B. Fuller, Sika AG, Arkema S.A., 3M Company, and Weicon GmbH & Co. KG among others.

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
    • 2.2. Market Snapshot
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
    • 3.2. Quarterly Market Revenue and Forecast By Region 2020 & 2021
  • Chapter No. 4 Elastic Bonding Adhesive & Sealant Market – Resin Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Resin Type, 2020 & 2028
    • 4.2. Pulyurethane

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By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

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