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Adhesives & Sealants/Joining and Fastening Market: By Resin Type, By End Users and Geography
Adhesives & Sealants/Joining and Fastening Market: By Resin Type, By End Users and Geography
Adhesives & Sealants/Joining and Fastening Market size was valued at US$ 61 billion in 2023 and is poised to grow at a significant CAGR of 80.2% from 2024-2030. Rapid increase in the construction and automotive & transportation sectors worldwide is the key factor up surging the demand for adhesives and sealants for insulated glass. Adhesives & sealants are predominantly used to draw together rubber, plastic, glass, metal, and other products throughout the manufacturing of automobiles and in production schemes. Sealants have several benefits over other joining techniques like sewing, bolting, screwing, and welding. Consequently, adhesive bonding supports producers in fabricating lightweight vehicles, which adds supplementary benefits in order to improve fuel frugality and decrease the custom of possessions like conventional metals and plastics. However, the instability in the prices of raw materials, such as crude oil, is the most important factor that constrains market growth. In addition, the global adhesives & sealants/joining and fastening market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, Key stakeholders of the global adhesives & sealants/joining and fastening market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global adhesives & sealants/joining and fastening products.
Study Period
2024-2030Base Year
2023CAGR
80.2%Largest Market
Asia PacificFastest Growing Market
North America
Adhesives & sealants for insulated glass are available in various forms of resins such as polyurethane, and silicone. Polyurethane steered the market with a volume of XX%. Extraordinary suppleness and great effect on resistance to chemicals are projected to increase their demand in insulated glass attachment solicitations. Correspondingly, low economic cost of these products are predictable to upsurge the market size. Nevertheless, lesser temperature in addition to wear resistance as compared to silicone sealants is expected to dampen the segment growth. Silicone is expected to register a substantial CAGR of XX% in the coming years. Growing demand in the construction industry owed to its features, such as stability to high temperature, adhesion & aesthetic properties, and great resistance to different climates, are predicted to positively impact the growth of segment. Furthermore, sophisticated connecting speed as well as longer life time than supplementary resins is probable to increase the demand.
Asia Pacific detained the largest share in the market in terms of revenue. It is also projected to be one of the leading market in the forecasted period owing to speedy industrial development, increasing expansion in arrears to population growth, in addition to robust trade and industry expansion. Developing nations, such as China, India, and Indonesia, are observing noteworthy public & private reserves in activities such as infrastructure and commercial & residential construction. Likewise, great demand for commercial and passenger vehicles, predominantly in such nations is anticipated to determine the production of automotive. North America also accounted for a significant share in the market. U.S. is the leading contributor in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 61 billion |
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Market CAGR |
80.2% |
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By Resin Type |
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By End User |
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By Region |
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The adhesive sealants joining and fastening market size was valued at US$ 61 billion in 2023
The adhesives sealants joining and fastening market key players are: Owens Corning (U.S.) Nippon Sheet Glass Co. Ltd. (Japan) Johns Manville (U.S.) Knauf Insulation (U.S.) PPG Industries, Inc. (U.S.) Certain Teed Corporation (U.S.) Pittsburgh Corning Corporation (U.S.) Arabian Fiberglass Insulation Co., Ltd. (Saudi Arabia) Saint-Gobain ISOVER (U.S.) Glassolutions Saint-Gobain (U.K.) Owens Corning (U.S.) Nippon Sheet Glass Co. Ltd. (Japan) Johns Manville (U.S.) Knauf Insulation (U.S.) PPG Industries, Inc. (U.S.) Certain Teed Corporation (U.S.) Pittsburgh Corning Corporation (U.S.) Arabian Fiberglass Insulation Co., Ltd. (Saudi Arabia) Saint-Gobain ISOVER (U.S.) Glassolutions Saint-Gobain (U.K.)
The adhesives sealants joining and fastening market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.