Adhesives and Sealants Market in China 2015-2019
About Adhesives and Sealants
Adhesives and sealants have been an integral part of most industrial and commercial sectors since the beginning of the modern age. Adhesives, both synthetic and natural, are used for binding various entities and find extensive use in the construction, fiber, leather, packaging, and transportation industries. On the other hand, sealants, also sometimes referred to as caulking agents, are used for filling vacant spaces in mechanical joints to prevent leakage of liquid and gas, and are primarily consumed by the automobile and construction industries. Both of the aforementioned can be produced by various technologies, including water-based, reactive, solvent-based, and hot melt technologies.
Technavio's analysts forecast the adhesives and sealants market in China to grow at a CAGR of 12.47 percent over the period 2014-2019.
Covered in this Report
The adhesives and sealants market in China can be divided, based on end-users, into the following segments: Construction, packaging, wood industry, fiber and leather processing, transportation, and others.
Technavio's report, Adhesives and Sealants Market in China, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the adhesives and sealants market landscape in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Adhesives and Sealants Market in China 2015-2019
Technavio recognizes the following companies as the key players in the adhesives and sealants market in China: H.B. Fuller, Ashland, Huitian, Evonik, WUXI WanLi, Shanghai KangDa, Wacker China, Tong Yi Adhesives, Yonghe Adhesive and Henkel
Other Prominent Vendors in the market are: 3M, BASF, Bayer, Bostik, Cyberbond Adhesives, DIC, Dow Chemical, DSM, Eastman, Jiangxi Ansheng Technology , Master Bond, Mitsui Chemicals , Paramelt Specialty Materials, Rhein Chemie, Sapici, Sika, ThreeBond Group, Toyo Ink and Wingtai.
Commenting on the report, an analyst from Technavio’s team said: Growing popularity of high temperature adhesives and sealants, including epoxy, polyurethane (PU), polyacrylate emulsion (PAE), and silicone for use in new and traditional applications such as in the automotive, aerospace, and marine sectors boosts market growth.
According to the report, growing consumer awareness about the harmful effects of volatile organic compound (VOC) emissions on the environment and health has led to an increased demand for eco-friendly adhesives and sealants for industrial and commercial applications.
Further, the report states that manufacturers’ inability to lower operating costs results in production constraints for this market.
H.B. Fuller, Ashland, Huitian, Evonik, WUXI WanLi, Shanghai KangDa, Wacker China, Tong Yi Adhesives, Yonghe Adhesive, Henkel, 3M, BASF, Bayer, Bostik, Cyberbond Adhesives, DIC, Dow Chemical, DSM, Eastman, Jiangxi Ansheng Technology , Master Bond, Mitsui Chemicals , Paramelt Specialty Materials, Rhein Chemie, Sapici, Sika, ThreeBond Group, Toyo Ink, Wingtai
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