Global Solvent Based Adhesives Market Demand & Forecast Analysis, 2016-2032

Executive Summary: - 

 Adhesives & Sealants market is estimated to be over 60 Billion USD with Industrial & Construction sector accounting for major share. Adhesives account for 90% of the global market while sealants making up the balance. Industrial adhesives and sealant market is estimated over 34 Billion USD while construction sector accounts over 22 Billion USD.

According to Prismane Consulting Herfindahl-Hirschman index (HHI) calculations, Adhesives & Sealants market is highly fragmented. The top 100 global manufacturers of synthetic specialty adhesives and sealants have significant sales volume. Amongst these 100 players, the top 5 players account for a whooping share of more than 30% or almost one third of the total market. All other players other than the top 100 account for a marginal share. Major players in adhesives and sealant industry are Henkel, Sika, Bostik and H.B. Fuller, 3M, DowDuPont and Royal. Henkel markets its adhesives and sealants with brand name LOCTITE and has variety of adhesives and sealants in its portfolio. Henkel accounts for more than 20% of global adhesives and sealants market. In terms of product development and sales, companies are investing in R&D, brand building, and consumer relations to support their competitive position.

Polymer dispersion adhesives account for the largest market share in the global adhesives consumption owing to their pricing and versatility. There has been a decline in the solvent based adhesives in the developed economies due to regulations on Volatile Organic Compounds (VOCs) emissions. Polyurethane and silicone based sealants together account for more than 50 per cent of total sealants demand.

Global adhesives and sealants market is estimated to witness an average growth of 4 to 5% during the forecast period 2018 - 2025. Geographically, Asia Pacific is the largest market followed by North America and Western Europe. Western Europe, Central & Eastern Europe and Middle East Africa together account for slightly more than 35%. A growing middle class along with an increase in disposable income and improved standard of living in Asia-Pacific has generated a strong demand for adhesives and sealants.

Growth in the Asian countries has significantly outpaced North America and Western Europe and this trend is estimated to continue in near future. Asia-Pacific is the biggest market at global level in 2017 accounting for almost 40% of the global demand on account of increased adhesive use in athletic footwear and shoe manufacturing market and shift of the footwear manufacturing from North America and Europe to Asia-Pacific regions like China, India, Vietnam, South Korea and other South East Asian Countries. The demand for all types of adhesives and sealants in the Western Europe has been relatively weaker due to more challenging economic conditions. In another major restructuring event; United Kingdom has opted for a hard exit from the European Union, opening speculations and debates on new trade policies in the European Union. The UK is on course to leave the union in March 2019. The U.K. is now renegotiating its future trade relations and planning for two year "transition" period to smooth the way to post-Brexit relations. The ongoing recovery in the North American building & construction sector is likely to push the demand for adhesives and sealants in the mid-term forecast.

New formulations amongst others include OBCs added to hot melt adhesive (HMA) along with other polyolefin elastomers. OBCs are used for compatibilization of polypropylene blends. OBCs can be used in pressure sensitive adhesives (PSA). OBC based adhesives are used in baby diapers and other hygiene products. They are also used as packaging adhesives. The demand of OBCs in adhesive applications is likely to grow at CAGR of around 9.5% in the long-term forecast.

Adhesives & Sealants can be produced from resins and mineral fillers. They are gaining importance in various sectors such as in industrial, automotive, medical, wood working, electrical & electronics, sporting goods and many more niche areas. Adhesives & Sealants offsets traditional joining techniques such as welding, reverting and others due to its price favourability and sustainability. It is suited well in high volume production or assembling product with large volume areas. Selection of proper adhesive depends on various factors like substrates to be joined, application restrictions and user requirements. Adhesives & Sealants can be classified depending on origin (natural & synthetic), resins used, technology and application. The demand for raw materials used in adhesives, such as propylene, ethylene, and vinyl acetate monomer (VAM), have been moving significantly higher in recent years.

Major types of adhesives included in the Global Adhesives & Sealants - 2019 World Analysis are pressure sensitive adhesives, water based adhesives, solvent based adhesives, silicone based solvent, hot melt adhesives, laminating adhesives, electronic adhesives, polyamide hotmelt adhesives, tile adhesives, spray adhesives, surgical sealants & adhesives, automotive adhesives, cyanoacrylate adhesives, reactive adhesives, epoxy adhesives, structural adhesives and uv curing adhesives. The sealants included as a part of the study include polyacrylate sealants, silicone sealants, urethane sealants, thread sealants, gaskets and flange sealants, elastomeric sealants and anaerobic sealants. Major manufacturers and their detailed adhesives and sealants product portfolio have been discussed in the report.

This report has been prepared focusing Solvent Based Adhesives and covers worldwide view of Solvent Based Adhesives, along with historical perspective, forecast and strategic recommendations.

Scope of Report 

The Solvent Based Adhesives report describes the global Solvent Based Adhesives market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Solvent Based Adhesives Market data in terms of volume and value for each end-use 
   at regional and country level
•  Solvent Based Adhesives Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Types
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Building & Construction
      • Food & Beverage
      • Healthcare
      • Industrial Packaging
      • Others 
5.  Introduction to Solvent based Adhesives and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Solvent based Adhesives Demand Analysis, By Types, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Solvent based Adhesives Market, By Types
          Toluene
          Heptane
          Acetone
          Others
      •  Global Solvent based Adhesives Market, By Applications
          Building & Construction
          Food & Beverage
          Healthcare
          Industrial Packaging
          Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Solvent based Adhesives Market, By Types
      •  Solvent based Adhesives Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by types and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the types and applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      •  Solvent based Adhesives Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - 3M
             - Alfa International Corporation
             - Arkema Group
             - Ashland Inc.
             - H.B. Fuller Company
             - Huntsman Corp
             - SIKA
             - Avery Dennison Corp.
             - Benson Polymers Ltd.
             - Everad Adhesives SAS
             - DowDuPont
             - Henkel
             - Jowat SE
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Solvent Based Adhesives report describes the global Solvent Based Adhesives market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Types and Applications
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Solvent Based Adhesives Market data in terms of volume and value for each end-use 
   at regional and country level
•  Solvent Based Adhesives Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment