![Global Adhesives and Sealants Market](https://res.cloudinary.com/devmoveo/image/upload/v1706015572/skyquest/report/phpgiA37h.jpg)
Report ID: SQMIG15E2496
Report ID:
SQMIG15E2496 |
Region:
Global |
Published Date: July, 2024
Pages:
245
|
Tables:
147 |
Figures:
77
Global Adhesives and Sealants Market size was valued at USD 67.48 billion in 2022 and is poised to grow from USD 71.5 billion in 2023 to USD 114 billion by 2031, growing at a CAGR of 6.0% in the forecast period (2024-2031).
The adhesives and sealants market is rising due to a high demand for lighter and low carbon vehicles that are driving innovations in technologies and materials. Also, the construction industry is a key consumer since adhesives and sealants are extensively used in various applications including tilling, drywalls, fittings, ceiling applications, bathroom floor coverings, and molding. Currently, environmental legislation has a strong impact on market trends, forcing the development of environmentally friendly adhesives. Adhesives and sealant production results in emission of volatile organic compounds (VOCs) that are known to cause various health effects. As such, there is growing concern on the availability of VOC-free products in the market. The market for adhesives and sealants is enormous and very complex, and there are many companies that produce different types of products. Our analysis indicates that the market will continue to expand in the following years due to increasing demand, growth in the automobile and construction sectors, as well as increased focus on ecology.
US Adhesives And Sealants Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG15E2496