Global Elastic Adhesives & Sealants Market , 2024-2030

Elastic adhesives are versatile adhesives form a strong, flexible, elastic body on applied materials and provide strength. Sealant is a substance used to block the passage of fluids through the surface or joints or openings in materials. Sealants may be weak or strong, flexible or rigid, permanent or temporary. These elastic adhesives & sealants are playing important role in many industries and replacing conventional joining technologies, such as welding or riveting. It bonds well to a wide variety of substrates and enables permanent elastic sealing with high adhesive strength between most common metals, painted surfaces, GRP, PVC and other rigid plastics.

The use of elastic adhesives and sealants offers the various advantages; such as reduction and compensation of tensions, which result due to different thermal expansion of differing materials, compensation of joint part tolerances, avoidance of material fatigue and breaks due to an even distribution of tension, no thermal or mechanical impairment, and therefore no weakening of the jointed parts, prevents the unwanted penetration or escaping of materials, even with larger joints or adhesive gaps.

Elastic adhesives & sealants find numerous uses in automobiles and construction industries. In automobiles sector it has wide area of applications, such as in front glass windshield, side glass, and car body. By using these elastic adhesives & sealants the numbers of subparts can be optimized, which tends to reduce the weight of the assembled unit.

The global elastic adhesives & sealants market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global elastic adhesives & sealants market is growing at a fast pace and increasing its geographical footprint rapidly. The global elastic adhesives & sealants market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in APAC region due expansion of elastic adhesives & sealants industry and emerging economy of the countries of this region. The major growth driver for elastic adhesives & sealants market globally is advance technology and ease of application with safety. Also, due to rise in construction sectors the demand for glazing and panels increases. The usage of adhesives for composite joints are being increased consistently in numerous applications such as aerospace, consumer packaging and automotive drive the market globally.

Elastic adhesives & sealants enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of elastic adhesives & sealants market globally. The companies that lead global elastic adhesives & sealants market are The Dow Chemical Company,3M, Henkel AG & Co. KGaA, Sika AG, Arkema S.A, Bostik, H.B. Fuller Company, Royal Adhesives & Sealants, Dymax Corporation, General Sealants, Avery Dennison Corporation, Sashco, Inc., Wacker Chemie AG, Weicon GMBH & Co. Kg, ThreeBond Holdings Co. Ltd., Cemedine Co. Ltd., Cabot Corporation, Huntsman, RPM International Inc., MAPEI S.p.A., Illinois Tool Works Inc., and LORD Corporation.

Research Methodology

The research process includes the market segmentation of the global elastic adhesives & sealants market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global elastic adhesives & sealants industry dynamics.
• Estimation of the present global elastic adhesives & sealants market size in terms of value and volume.
• Global elastic adhesives & sealants market breakup based on type and application.
• Verified global elastic adhesives & sealants market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global elastic adhesives & sealants industry value chain.

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