South & Central America Adhesives and Sealants Market Forecast to 2030 - Regional Analysis - by Resin Type and by End-Use Industry (Automotive, Aerospace, Paper and Packaging, Building and Construction, Electrical and Electronics, Medical, and Others)

Description

List of Tables

The South & Central America adhesives and sealants market was valued at US$ 1,670.90 million in 2022 and is expected to reach US$ 2,057.42 million by 2030; it is estimated to grow at a CAGR of 2.6% from 2022 to 2030 .

Development of Bio-Based Adhesives fuel the South & Central America Adhesives and Sealants Market

Bio-based materials are gaining traction in all fields due to their improved environmental footprint and independence from petroleum resources that come with their use. Bio-based adhesives are natural polymeric materials consisting of high molecular weight and utilize biocompatible and biodegradable polymers to join two surfaces. These polymers are composed of molecular building blocks linked together to form various large and complex structures. In recent years, there have been developments in bio-based adhesives. For instance, soy-based adhesives are developed to replace urea formaldehyde (UF) resins to avoid concerns related to formaldehyde toxicity. The adhesives formulated from soy protein exhibit desirable dry bonding strength and reduce the dependency on petroleum resins. The biobased raw materials utilized in the adhesive are produced from regenerative sources. This leads to the reduction of CO2 emissions compared to fossil raw materials in the supply chain. Further, biobased adhesives are suitable for packaging end use industry's due to the clean and efficient bonding of outer coating of paper. Also, they can be used as an environmentally friendly alternative in the production of disposable drinking straws, crockery, and cutlery. Hence, owing to the rising concern and awareness about the social and environmental impacts of conventional materials, manufacturers of adhesives are shifting toward environment-friendly bio-based materials, which is expected to offer lucrative opportunities for the adhesives and sealants market growth during the forecast period .

South & Central America Adhesives and Sealants Market Overview

South & Central America adhesives and sealants market is segmented into Brazil, Argentina, and the Rest of South & Central America. The governments of various countries in South & Central America are focusing on developing infrastructure projects that are boosting the demand for adhesives and sealants. Further, the strong presence of automotive companies in Brazil and Argentina and the rise in sales of vehicles are propelling the adhesives and sealants market growth in the region. According to the Brazilian Association of Automotive Vehicle Manufacturers report auto production in Brazil rose by 11.4%, and sales boosted by 10.9% during February-March 2022. Moreover, major market players in the automotive sector have strategized development and expansion of their operational capacities in South & Central America to tap the lucrative automotive market. In 2022, Audi AG invested US$ 19.2 million to restart production at its plant in Parana, Brazil, registering a capacity of 4,000 vehicles per year.

South & Central America Adhesives and Sealants Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Adhesives and Sealants Market Segmentation

The South & Central America adhesives and sealants market is segmented based on resin type, end-use industry, and country. Based on resin type, the South & Central America adhesives and sealants market is bifurcated into adhesives and sealants. The adhesives segment held a larger market share in 2022. Additionally, the adhesives segment is categorized into epoxy, polyurethane, acrylic, and others. Further, the sealants segment is subsegmented into silicone sealant, urethane sealant, acrylic sealant, polysulfide sealant, and others.

Based on end-use industry, the South & Central America adhesives and sealants market is segmented into automotive, aerospace, paper and packaging, building and construction, electrical and electronics, medical, and others. The building and construction segment held the largest market share in 2022.

Based on country, the South & Central America adhesives and sealants market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America adhesives and sealants market share in 2022.

Henkel AG and Co KGaA, HB Fuller Company, Sika AG, 3M Co, Huntsman International LLC, Dow Inc, Wacker Chemie AG, and Parker Hannifin Corp are some of the leading players operating in the South & Central America adhesives and sealants market.

Product Code: BMIRE00029473

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness
- 2.2.1 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Adhesives and Sealants Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End Use Industry:

5. South & Central America Adhesives and Sealants Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Strong Growth of Construction and Automotive Industries
- 5.1.2 Increasing Demand for Adhesives and Sealants from Paper & Packaging Industry
5.2 Market Restraints
- 5.2.1 Fluctuation in Prices of Raw Materials
5.3 Market Opportunities
- 5.3.1 Development of Bio-Based Adhesives
5.4 Future Trends
- 5.4.1 Sustainability Initiatives by Developed and Developing Economies
5.5 Impact Analysis

6. Adhesives and Sealants Market - South & Central America Market Analysis

6.1 South & Central America Adhesives and Sealants Market Volume (Kilo Tons)
6.2 Adhesives and Sealants Market Revenue (US$ Million)
6.3 Adhesives and Sealants Market Forecast and Analysis

7. South & Central America Adhesives and Sealants Market Analysis - Resin Type

7.1 Adhesives
- 7.1.1 Overview
- 7.1.2 Adhesives Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.3 Epoxy
  - 7.1.3.1 Overview
- 7.1.4 Epoxy Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.4 Polyurethane
  - 7.1.4.1 Overview
- 7.1.5 Polyurethane Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.6 Acrylic
  - 7.1.6.1 Overview
- 7.1.7 Acrylic Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.1.8 Others
  - 7.1.8.1 Overview
- 7.1.9 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Sealants
- 7.2.1 Overview
- 7.2.2 Sealants Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.3 Silicone Sealant
  - 7.2.3.1 Overview
- 7.2.4 Silicone Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.5 Urethane Sealant
  - 7.2.5.1 Overview
- 7.2.6 Urethane Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.7 Acrylic Sealant
  - 7.2.7.1 Overview
- 7.2.8 Acrylic Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.9 Polysulfide Sealant
  - 7.2.9.1 Overview
- 7.2.10 Polysulfide Sealant Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)
- 7.2.11 Others
  - 7.2.11.1 Overview
- 7.2.12 Others Market Volume, Revenue and Forecast to 2030 (Kilo Tons) (US$ Million)

8. South & Central America Adhesives and Sealants Market Analysis - End Use Industry

8.1 Automotive
- 8.1.1 Overview
- 8.1.2 Automotive Market, Revenue, and Forecast to 2030 (US$ Million)
8.2 Aerospace
- 8.2.1 Overview
- 8.2.2 Aerospace Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Paper and Packaging
- 8.3.1 Overview
- 8.3.2 Paper and Packaging Market Revenue and Forecast to 2030 (US$ Million)
8.4 Building and Construction
- 8.4.1 Overview
- 8.4.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
8.5 Electrical and Electronics
- 8.5.1 Overview
- 8.5.2 Electrical and Electronics Market Revenue and Forecast to 2030 (US$ Million)
8.6 Medical
- 8.6.1 Overview
- 8.6.2 Medical Market Revenue and Forecast to 2030 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Adhesives and Sealants Market - Country Analysis

9.1 South & Central America
- 9.1.1 South & Central America Adhesives and Sealants Market Overview
- 9.1.2 South and Central America Adhesives and Sealants Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.2.1 Adhesives and Sealants Market Breakdown by Country
  - 9.1.2.2 Brazil Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.3 Brazil Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.3.1 Brazil Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.3.2 Brazil Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.3.3 Brazil Adhesives and Sealants Market Breakdown by End Use Industry
  - 9.1.2.4 Argentina Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.5 Argentina Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.5.1 Argentina Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.5.2 Argentina Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.5.3 Argentina Adhesives and Sealants Market Breakdown by End Use Industry
  - 9.1.2.6 Rest of South & Central America Adhesives and Sealants Market Volume and Forecasts to 2030 (Kilo Tons)
  - 9.1.2.7 Rest of South & Central America Adhesives and Sealants Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.2.7.1 Rest of South & Central America Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.7.2 Rest of South & Central America Adhesives and Sealants Market Breakdown by Resin Type
    - 9.1.2.7.3 Rest of South & Central America Adhesives and Sealants Market Breakdown by End Use Industry

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players

11. Industry Landscape

11.1 Product launch
11.2 Partnership
11.3 Merger & Acquisition

12. Company Profiles

12.1 Henkel AG & Co KGaA
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 HB Fuller Co
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Sika AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 3M Co
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Huntsman Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Dow Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Wacker Chemie AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Parker Hannifin Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments

13. Appendix