PUBLISHER: BCC Research | PRODUCT CODE: 1517507
PUBLISHER: BCC Research | PRODUCT CODE: 1517507
The global market for adhesives & sealants or joining and fastening is estimated to increase from $63.7 billion in 2023 to reach $81.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.
The Asia-Pacific market for adhesives & sealants or joining and fastening is estimated to increase from $23.9 billion in 2023 to reach $32.0 billion by 2029, at a CAGR of 5.1% from 2024 through 2029.
The North American market for adhesives & sealants or joining and fastening is estimated to increase from $14.7 billion in 2023 to reach $19.3 billion by 2029, at a CAGR of 4.7% from 2024 through 2029.
The adhesive and sealants industry is vital to the ever-changing global economy and provides solutions for complex challenges in numerous sectors. Adhesives can bond to at least two surfaces, whereas sealants can adhere to at least two surfaces and fill the space between them, forming a barrier or protective covering. Although they share a similar purpose, sealants have a unique application area.
Growing industrialization has increased the demand for adhesives and sealants, which is a factor driving the market's growth. Further, developing new adhesive and sealant products and advancing manufacturing techniques contribute to the market's vitality. The adhesive and sealant market plays a crucial role in addressing the challenges of adhesive and sealant demand in industrial and consumer applications.
This report provides an overview of the key parameters that industries and regulatory bodies consider when evaluating the advancements and growth of adhesives and sealants in the binding and joining sector. This report primarily focuses on adhesives and sealants and their industrial application in sectors such as transportation, woodworking, packaging, construction, medical and healthcare, consumer goods and others. BCC Research analyzed essential categories and regions to determine the present and future adhesives and sealants or joining and fastening market status and forecasted market growth from 2024 to 2029. This report also discusses market strategies, market ESG development, key players in countries and market driving forces. The report segments the market by region, based on Asia-Pacific, Europe, North America and the Rest of the World (RoW).
The global markets for adhesives and sealants or joining and fastening is segmented into the following categories:
Market estimations and size are provided in terms of value ($ millions), with 2023 serving as the base year and market forecasts given for the period 2024 through 2029. Regional-level market sizes, with respect to technology and end user, are also provided.
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