Adhesive and Sealants Segmentation
Product (Adhesives, Sealants)
Adhesives segment is likely to hold more than 67% adhesive and sealants market share by 2037, due to its application across verticals. In December 2024, Henkel increased production capacity in India due to increasing adhesive consumption in the automotive and electronics segments. Compared to mechanical fasteners, adhesives are more versatile in the design aspect, often used to support lightweight structures. Advances in the packaging industry, consumer goods, and construction sectors have driven the adoption of adhesives over conventional techniques. Bio-based and specialty adhesives are emerging to meet the increasing demand for sustainability in the adhesives and sealants market. Adhesives play a critical role in product design by providing better looks, performance, and reliability. In terms of application, adhesives are in a stronger position than sealants, as the latter are used in a limited number of industries.
Technology (Water-based, Solvent-based, Hot-melt)
By 2037, water-based segment is predicted to account for around 39.5% adhesive and sealants market share, mainly due to regulations and the environment. In October 2024, Arkema introduced new bio-based additives to improve the performance of waterborne coatings and adhesives. These formulations have low volatile organic compounds emissions that are friendly to the environment in compliance with the global standards. It is a trend that is steadily gaining popularity in packaging, textiles, construction, and automotive industries. Improved performance characteristics make it possible to achieve performance levels of solvent-based adhesive systems with water-based ones. Sustainability certifications and green building standards favor water-based options. With more and more consumers becoming conscious of the environment, water-based adhesives are fast emerging as the most popular technology.
Our in-depth analysis of the global adhesives and sealants market includes the following segments:
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