A sealant is a semisolid substance used to stop fluid leakage, whereas an adhesive is a chemical mixture that unites two surfaces to form a single unit. Adhesives are ideal for applications involving holding and bonding because they have high shear and tensile strengths. Sealants, on the other hand, are used to close gaps and stop substrates from moving relative to one another. In a variety of industries, including paper packaging, woodworking, footwear manufacture, building & construction, electrical & electronics, automotive, and others, adhesives, and sealants are created using comparable chemicals and processes.
The growth in the usage of adhesives and sealants in electronic products, batteries, and machinery is the main factor driving the global market for adhesives and sealants for the assembling industry. Additionally, as may be deduced from the use of adhesives and sealants in electric vehicles, interest in these materials has been growing globally. The interior, exterior, and engine compartments of an airplane all need adhesives and sealants. Aviation adhesives include acrylics, epoxies, and cyanoacrylates. Due to their advantages over other types of adhesives, adhesives are preferred for usage in the interior, exterior, and engine compartments of airplanes. Adhesives carry heavier loads and help with the even distribution of stress across joints. As there is no gap, bolt, or other anchoring elements to weaken the construction, adhesives also maintain the integrity and strength of the materials.
Top Companies for Adhesives and Sealants Technology -
In the market for adhesives and sealants, some of the major players are:
- Henkel AG
- B. Fuller
- Sika AG
- Arkema SA
- 3M Company
- Illinois Tool Works Inc.
- Parker Lord
- DIC corporation
- RPM International Inc.
- Jowat SE
- Soudal Group
- Dymax Corporation
- Mapei Corporation
- AkzoNobel NV
- Pidilite Industries
- Showa Denko
- Momentive Performance Materials
- Delo Industrie Klebstof fe GmbH & Co. KGaA
- Adhesives Research
- Franklin International
- Dow Inc.
- Huntsman Corporation
- Avery Dennison Corporation
- Wacker Chemie AG
- Nitto Denko Corporation
At a predicted CAGR of 3.7%, the market for adhesives and sealants will increase from USD 71.4 billion in 2021 to USD 85.8 billion by 2026. The substitution of very durable materials for commodities like aluminum, metal, and paper in patterns of material use. Over the following eight years, this is predicted to have a favorable impact on the demand for products in packaging applications.
The medical sector's rising demand for adhesives, the building & construction sector's rising demand for adhesives & sealants, and the rise of the appliances sector are the market's main drivers.
The food & beverage industry's consistent need for packaging products is expected to continue to be the main driver of the market in the United States. In addition, the U.S.'s growing number of cheap shops and the strong potential for grocery shopping is projected to drive up demand for packaging adhesives. This will undoubtedly have a positive impact on the market's long-term growth.
With an anticipated CAGR of 4.9% from 2022 to 2030, the paper & packaging application category in the U.S. adhesives market is anticipated to become the fastest-growing application area. Over the course of the projection period, rising demand for bio-based goods is anticipated to boost demand for hot melt technology and support the growth of the paper & packaging industry.
The largest portion of the sealants market was accounted for by the building and construction sector
In terms of volume and value, the building & construction sector holds the greatest share of the sealants market. Sealants serve as adhesives in several applications. For instance, sealants are used to bond the glass to the structure of the building when structural glazing is used on structures with glass walls. However, when subjected to conditions of high humidity, chemical attack, or electrical stress, sealants have greater durability and dependability compared to adhesives, which do not have strong tensile strengths.
Due to the large need for adhesives and sealants from the construction sector, they are employed as an alternative to connecting materials and as mechanical seals to impede fluid passage. Due to the coronavirus outbreak, the development of hospitals and quarantine facilities is a growing sector globally.
The population should increase and rising urbanization in developing nations should fuel the construction business. The usage of environmentally friendly materials in building applications is subject to strict laws in the North American region, which should hasten the expansion of the adhesives and sealants industry. The demand for the creation of sustainable products is increasing as consumer knowledge of green building practices and environmentally friendly structures grow.
The market for sealants is expected to develop the fastest with polyurethane
The sealants market for polyurethane is anticipated to develop at the fastest rate in terms of volume. One of the most popular technologies for both new building and renovation projects is polyurethane sealants. Both single-component and multi-component formulations of these sealants are available. Compared to silicone sealants, these sealants offer improved adhesion and abrasion resistance. They are frequently used in automotive, construction, maritime, parking deck & sidewalk sealing, and other industries.
In terms of volume, the reactive & other categories accounted for more than 48% of the global adhesives market. Products built on reactive technology have several benefits, which makes them the main drivers of the segment's expansion. These benefits include quick stetting times that result in fast manufacturing speeds, increased heat resistance, and great adhesive qualities to a variety of substrates. From 2022 to 2030, the hot-melt segment is expected to expand at a profitable rate. The last ten years have seen a rise in the use of polyester hot melt adhesives in the textile and apparel sector. Over the past few years, the product has been used more widely in the sub-sector of cotton, wool, and textiles. The solution significantly enhances the anti-pilling performance of cotton-woven fabrics while also boosting the fabric's elastic recovery rate.
Hot melt adhesive products are becoming more and more common in automotive dashboards all over the world. These materials are used in dashboards where they provide improved sound insulation while also reducing vibrations. During the forecast period, the product's penetration in the automobile industry is projected to be pushed by the rising focus on providing soundproof rides.
In terms of volume, the silicones category had the biggest demand in the sealants market and held a share of more than 31% in 2021. The industry is expected to expand because of increased infrastructure investments and construction activity. It is anticipated that the construction of stadiums, bridges, museums, concert halls, research centers, and medical buildings will help the segment's growth.
On a variety of substrates, including metal, plastic, rubber, wood, and glass, polyurethane adhesive materials display superior features like quick drying, good abrasion & chemical resistance, and excellent bonding strength. These items typically utilize reactive technology and include polymers with urethane bonds. These substances give the glue stability, low viscosity, and a quicker cure time.
The characteristics of the cross-linking polymers determine how well epoxy-based goods attach to a wide range of materials. They offer excellent chemical and environmental resistance, high-temperature resistance, high strength bonding on a range of substrates, and high-temperature resistance. These adhesives typically use reactive technology as their foundation.
The adhesives industry's main category, paper & packaging, with a revenue share of approximately 29% in 2021. In the upcoming years, flexible packaging is expected to open new opportunities for market participants. Due to the demand for PPE kits, surgical masks, and other healthcare products, the rapid increase in healthcare spending had a beneficial impact on the demand for packaging products.
Numerous opportunities are expected to arise in the building and construction area. Rapid technological and architectural innovation is occurring in this area of the adhesives and sealants market. Airports, mining operations, transportation routes, and even residential developments are going through significant changes to meet shifting norms and requirements.
Global market growth is anticipated as demand for products in the assembly of electrical and electronic components increases. At the international level, China is one of the top producers of numerous electrical and electronic components. The Chinese electrical and electronics sector is anticipated to grow during the forecast period as a result of investments in cutting-edge technologies like 5G and IoT.
Asia-Pacific will dominate the market
Due to expanding domestic demand, rising income levels, and easy access to resources, Asia Pacific has become one of the tops producing and consuming regions for adhesives and sealants. One of the biggest users of adhesives and sealants in this area is the automobile and transportation sector. The demand for adhesives and sealants in the building and construction industry is anticipated to expand because of the economic growth in the Asia Pacific region, particularly in the rising economies such as India, Taiwan, Indonesia, Malaysia, Thailand, and Vietnam.
One of the main growth drivers for the Middle East and Africa is the GCC. Over the projected period, expanding building activities in the GCC area are likely to drive up demand for adhesives and sealants. The housing market in GCC nations did not fare well in the recent past. This was mostly brought on by the drop in oil prices and the slowdown in the economy. The investments in residential construction, energy, and transportation infrastructure are expected to boost the construction industry's performance in the upcoming years.
Central and South America
The expansion of the infrastructure in Central and South America is predicted to be fueled by government measures for economic recovery. During the projection period, the construction sector is anticipated to expand in nations like Argentina, Colombia, and Peru. The demand for adhesives and sealants in Central and South America is then expected to increase because of this. For instance, a surge in construction and related economic activity in the nation is significantly responsible for the economy of Peru's expansion.
Market share insights for major companies
The presence of medium and big producers with both local and worldwide presences is what defines the global adhesives and sealants market. The COVID-19 epidemic caused a decline in demand, which these producers noticed in 2020. A variety of challenges were encountered along the value chain at various levels, including manpower and raw material scarcity as well as a stoppage in industrial output.
Due to poor demand for adhesives in 2020 and the suspension of manufacturing activities in end-use industries because of state-wide lockdowns and other government restrictions, numerous players claimed significant losses.
The main business strategy is a strategic acquisition
The global adhesives and sealants market is fragmented and has a number of market participants, including HB Fuller, Sika, Huntsman Corporation, Dow Inc., Avery Dennison Corporation, Arkema, 3M Company, RPM International Inc., PPG Industries, and Parker Lord. Strategic acquisitions are typically done by businesses to increase their production capacity and distribution network.
In September 2019, the Chinese maker of silicone sealants and adhesives Crevo-Hengxin was purchased by the specialized chemical firm Sika AG. The goal of this acquisition was to increase the sealing & bonding footprint and target markets in China and the Asia Pacific area.
In July 2020, Arkema purchased the thermos-bonding adhesive powder producer Fixatti. This acquisition was made to improve the global supply of hot melt adhesive products for specialized industrial uses in the building, automotive, textile, and other sectors.
Huntsman Corporation stated in January 2021 that it will buy Gabriel Performance Products, a North American business. Manufacturers of specialist adhesives, sealants, coatings, and epoxy curing agents include Gabriel Performance Products. This acquisition will increase the value of the adhesives and sealants market while expanding the specialist portfolio.
Sika acquired DriTac's flooring adhesives division in March 2021. A U.S.-based manufacturer of floor covering adhesives with a focus on wood floor bonding is called DriTac. The acquisition will enable Sika to increase its presence among distributors and installers of floor coverings and hasten its expansion in the U.S. interior finishing market.
Arkema announced in December 2021 that it will buy Permoseal in South Africa. Permoseal manufactures adhesives for DIY, building, packing, and woodworking tasks. Its wide range of high-performance adhesive solutions will enhance Bostik's regional offering and strengthen their positions in South Africa's and Sub-Saharan Africa's burgeoning DIY, construction, and industrial markets.
Effect of COVID-19 on the adhesives and sealants market worldwide
Due to the market's reliance on the automotive, aerospace, building & construction, and other industries, the COVID-19 pandemic has had a severe impact on adhesives and sealants. According to a report, lockdowns and plant closures caused a 30% drop in sales for the automobile industry in March 2020 compared to March 2019.
The global supply chain for adhesives and sealants is being hampered by the widening supply-demand mismatch brought on by the ongoing health crisis. Additionally, several automakers have reduced or shut down their operations due to the potential of infection among the personnel. For hoods, grills, interior panels, and other vehicle parts, adhesive and sealant are employed as the primary bonding material. This has temporarily slowed the growth of the adhesives and sealants market during the COVID-19 period.
Additionally, the demand for adhesive & sealant among the aircraft industries has decreased due to declining client money and limits on international travel. For instance, a survey released by Airlines for America found that the number of passengers flying on commercial airlines in September 2020 was 68% lower than in September 2019, posing an existential danger to suppliers, manufacturers, and the whole aviation sector.
Additionally, COVID-19 has temporarily halted several projects involving the manufacture of aircraft, which has reduced the demand for glue and sealant in the aerospace and aviation industry. The market for adhesives and sealants is anticipated to quickly rebound after the COVID-19 pandemic because of the dependence of these products on the healthcare and packaging sectors.
Critical Market Trends
Demand is dominated by the segment of paper, board, and packaging
The market for adhesives and sealants is mostly consumed by the paper, board, and packaging industry. End-user sectors, including those in the food and beverage, cosmetics, consumer goods, stationery, and other end-user industries, have been driving up demand for packaging.
With the development of internet technology and web applications, online retail sales are developing more quickly, which has significantly aided the expansion of the packaging sector.
Additionally, the demand for food, beverage, and cosmetic items is anticipated to increase along with population growth, consumer preference for technology, urbanization, and the need for high-quality goods. These factors all contribute to an increase in demand for packaging.
Due to the robust economic performance of the developing nations, promising substantial market demand, and the expanding population, which is bringing fresh demand to the market, Asia-Pacific is predicted to have the fastest growth in the demand for packaging materials.
Because of trends in online retail operations, mature economies like Europe and North America are also anticipated to have discernible growth in their packaging industries.
As a result, with the packaging industry seeing such rapid growth worldwide, the market for adhesives and sealants is also anticipated to expand in demand.
Adhesives & Sealants Market Drivers
High demand from the building and construction industries for adhesives and sealants
In developing nations like China, India, Indonesia, Vietnam, Brazil, and Mexico, the residential construction sector is being driven by urbanization and population growth. In these nations, there is a rising desire for permanent homes, which is, in turn, fueling the market for adhesives and sealants. Adhesives & sealants are used in a variety of construction-related applications, including carpet, tiling, wallpaper, and exterior insulation systems. Curtain wall panels and insulating glass modules are also secured in place using adhesives and sealants.
The need for eco-friendly products is boosting the market for adhesives
The demand for furniture has increased because of rising disposable income and an increase in construction projects, which should accelerate the expansion of the adhesives and sealants industry. Due to manufacturers' increasing use of eco-friendly adhesives in the creation of furniture, sustainable business practices should increase demand for these adhesives.
The market share for adhesives and sealants should be driven by rising consumer awareness of sustainable products and a propensity to buy them. Additionally, the furniture sector is anticipated to increase in the future due to rising employee demand for flexible workplace and workspace designs, which should drive the furniture market and promote the expansion of the adhesives market.
Increased interest in water-based adhesives
In both porous and non-porous surfaces, the water-based adhesive is chosen for use in the construction and automotive industries. The water-based adhesives offer strong bond strength, water and corrosion resistance, and water resistance. Due to the lack of volatile organic compounds (VOC), water-based glue is environmentally benign, and industrial applications are what is driving the market need for adhesives and sealants.
Once the water in the formulation evaporates, the water-based adhesive bonds two substrates together. Due to the product's rising demand for industrial packaging and bottling applications, it is environmentally benign because it comprises water rather than solvents. Water is typically added to pre-mixed powdered solutions of water-based adhesives before use. The bond that is created has a high degree of flexibility, low cost, and low-temperature bond strength. Because of its use in the automobile industry, the substance can be used to achieve plastic, rubber, and metal adhesion.
The demand for adhesives and sealants is driven by using EVA as a co-polymer in the woodworking industry
The global EVA adhesive market had considerable growth throughout the forecasted period. Due to its excellent connection to cellulosic materials, the product is frequently utilized as a co-polymer adhesive in furniture and wood applications. The market for the product should be driven by the widespread usage of EVA adhesive as a flexible, reliable, and dependable material in woodworking.
Electrical, construction, and woodworking applications all use EVA as a sealant. When making doors, windows, and furniture, EVA is used to increase the clinginess in adhesion between two wood substrates, including cellulose boards and foams. The solution is also non-toxic, which should spur the market for adhesives and sealants to increase.
Packaging use has increased due to more efficient and easy supply chains, which should boost the demand for sealants
By 2027, the packaging applications segment should reach USD 1.7 billion. High cohesive strength and weather resistance are two features that sealants offer. The product's properties suggest widespread usage in the packaging and food delivery industries, which should boost the sealant market's expansion.
Due to their widespread use in the food sector, sealants resist UV, low-temperature resistance for freeze packing, and blocking resistance for liquid products. The product is widely used by the food industry in the production of liquid food products, including tetra pack juices. The income for the adhesives and sealants industry should also increase because of expanding health and safety standards.
Adhesives & Sealants Market Restrictions
The laws governing the environment in North America and Europe
Environmental laws rigorously control the manufacture of chemical and petroleum-based products in Europe and North America. Government organizations like the European Commission (EC) and the Epoxy Resin Committee (ERC) regulate the production of items containing solvents in these areas. The manufacturing capacities of businesses in North America and Europe are being impacted by this. Manufacturers are being forced to concentrate on manufacturing environmentally friendly adhesives by the strict environmental laws.
Adhesives & Sealants Market Opportunities
A rise in industrial activity because of globalization
Each region's market for adhesives and sealants is affected differently by globalization. Labor-intensive industries have relocated to nations with cheaper labor costs in developed markets as a result. This is evident in fields including woodworking, general assembly, textile manufacture, and footwear. The market for adhesives and sealants is being driven by factors such as the quick pace of organization, the robust GDP expansion, and an increase in manufacturing and industrial production.
The World Economic Forum claims that free trade, increased foreign direct investment, and the international use of patents and copyrights are all effects of globalization. These effects have significantly accelerated the spread of knowledge and technology, resulting in positive effects through cross-pollination and advanced R&D. Globalization's heightened worldwide competitiveness will create incentives for people to adopt new technology and develop, which will boost general prosperity. The market for adhesives and sealants will benefit from this.
Increasing the need for environmentally friendly and safe adhesives
Adhesive & sealant manufacturers are now required to produce eco-friendly products with no- or low-VOC levels due to the strict regulations set forth by the USEPA (United States Environmental Protection Association), Europe's Registration, Evaluation, Authorization, and Restrictions of Chemicals (REACH), Leadership in Energy and Environmental Design (LEED), and other regional regulatory authorities. The trend toward greener products has given firms numerous prospects for expansion. Henkel, a market leader in adhesives and sealants, provides products like H4500, H4710, H4720, and H3151 that are solvent-free and compliant with environmental laws. An opportunity for the development of green and sustainable adhesive solutions produced from renewable, recycled, remanufactured, or biodegradable materials has arisen due to the rising demand for ecologically friendly or "green" structures.
Greater potential can be found in the Middle East and Asia-Pacific
The COVID-19 epidemic has had a significant negative impact on the building industry in the Asia Pacific area. However, growth is possible if efforts are made to boost infrastructure, tourism, and overall economic health. China, the COVID-19 pandemic's focal point, has recently demonstrated indications of recovery, helped by investments in the country's infrastructure. The National Development and Reform Commission (NDRC) reports that China has restarted work on slightly about 90% of major projects. Major roadway, river, and airport projects are all back in the building phase, and all major railway projects have begun operations.
Construction activity in the Middle East is anticipated to rise because of regional efforts by Middle Eastern nations to encourage the growth of non-oil sectors. The market potential for adhesives will result from this. The GCC governments have made significant expenditures recently in the leisure attractions, hospitality, and tourist industries. Saudi Arabia has started numerous megaprojects, including the Red Sea Project, Qiddiya Entertainment City, Project Neom, and Diriyah Gate, which have a combined worth of USD 532 billion. Saudi Arabia has been actively pursuing both social and economic change. The need for adhesives will rise because of these developments.
Adhesives & Sealants Market Challenges
Changing regulations and standards
Standards and regulations are frequently changed in the adhesives and sealants sector. For the marketing of construction products in the EU, the Construction Products Regulation (CPR) imposed additional regulations, such as regulation (EU) No 305/2011. The new laws place an additional burden on manufacturers, who must now pay for additional external tests, labeling, and documentation to prove compliance. Regular substance alerts that concentrate on biocides and waste packaging result in modifications to regulatory standards. To market their products, adhesives and sealant makers must adhere to the laws and evolving requirements. Manufacturers face a hurdle because of this.
The competitive leadership mapping section provides information on the adhesives & sealants vendors that provide the best adhesives & sealants, describes the results and analyses, and ranks them based on each assessment criteria's performance.
The evaluation criteria for adhesives & sealants companies are based on two major categories: product maturity and company maturity. Each category has a set of criteria against which adhesives & sealants firms are judged.
Product Maturity measures the breadth and depth of a product's offering, its features and functionality, its focus on product innovation, its distinction and impact on consumer value, and its quality and reliability.
Geographic footprint/presence in new markets, breadth of applications offered, channel strategy and fit, the efficacy of organic growth strategy, and mergers and acquisitions strategy are all factors examined under Company Maturity.
The adhesives & sealants providers who are leading the market with their product launches, trending technologies, and growth plans are known as visionary leaders. These adhesives & sealants market manufacturers' product characteristics and functionalities are popular in the market and cater to a global audience. Vendors of adhesives & sealants classified under Visionary leaders are primarily focused on gaining market leadership through strong financial capabilities and well-established brand equity.
Top Adhesives & Sealants Companies - Visionary Leaders
HB Fuller is one of the prominent entities in the adhesives and sealants market. The company offers a wide range of adhesive solutions based on different technologies such as hot-melt adhesives, silicone adhesives, reactive hot-melt adhesives, water-based adhesives, UV and light cure adhesives, butyl sealants, etc. HB Fuller will be introducing a bio-attributed raw material in its adhesives in order to reduce its carbon footprint. In order to achieve so, in July 2021, HB Fuller collaborated with Covestro, a leading polymer supplier, to deliver an adhesive with reduced climatic impact in several industries. Additionally, the company will introduce metallocene-based hot melt adhesives for bookbinding applications.
Sika is a leading company in the adhesives and sealants market. The company is well known for its polyurethane adhesives and sealant solutions. Sika uses various types of reactive technologies such as polyurethane, silicones, epoxy, acrylate, polysulfide sealant, and technologies like hotmelts, solvent-based, and water-based systems to develop its adhesive and sealants portfolio. In 2021, the company revealed its plans for its geographic expansion in India by setting up a new technology center and manufacturing plant for high-quality adhesives and sealants.
Arkema holds its expertise in developing pressure-sensitive adhesives. The company’s self-adhesive solutions consist of brands including Bostik (hot melt pressure-sensitive adhesives & moisture cure pressure-sensitive adhesives), Coatex (WB rheological additives for pressure-sensitive adhesives), Coating resins (waterborne pressure-sensitive adhesives), and Sartomer (acrylate monomers & oligomers for pressure-sensitive resins). Recently in July 2022, Arkema finalized its acquisition of Permoseal which is a prominent entity in the adhesive solutions for DIY, packaging, and construction. Through this acquisition, Arkema aims to strengthen its positions in South Africa’s and Sub-Saharan Africa’s industrial, construction, and DIY markets.
Dynamic Differentiators are well-established in the market and have solid commercial strategies. However, when compared to visionary leaders, these players lack a product portfolio. Adhesives & sealants vendors listed under Dynamic Differentiators specialize in a certain sort of product technology.
Top Adhesives & Sealants Vendors - Dynamic Differentiators
Huntsman Corporation operates in four segments namely, Polyurethanes, Advanced Materials, Performance Products, and Textile Effects. The Advanced Materials division is responsible for developing specialty epoxy, acrylic, and polyurethane-based polymer resin systems and adhesive products. The company’s Araldite has been a well-known brand in the adhesives and sealants market. Most of the adhesives offered by the company include epoxy, acrylic, and polyurethane adhesives.
Avery Dennison Corporation
Avery Dennison is one of the leading adhesive and solution providers for the packaging industry. The company manufactures hot-melt adhesives, acrylic adhesives, low-surface energy adhesives, and others. In order to offer excellent adhesion to its products, Avery Dennison uses its TrueCut adhesive technology. In 2021, the company acquired Vestcom, which is well-known for its pricing and branded labeling solutions for consumer-packaged goods.
Dow, a leading materials science company also offers various bonding and sealing solutions for a variety of substrates. Dow caters its adhesives and sealants solutions to industries including, automotive, aerospace, electronics, transportation, construction, packaging, and others. The company recently in July 2022, partnered with Want-Want Group in order to strengthen the value-chain partner collaborations with customized adhesives solutions to address the emerging needs of sustainable packaging solutions.
Wacker Chemie AG
Wacker Chemie operates through four divisions namely, Wacker Silicones, Wacker BioSolutions, Wacker Polymers, and Wacker Polysilicon. The company actively develops adhesives for a wide array of applications which includes building and construction, DIY, Footwear and leather, Industrial Adhesives, paper & packaging, transportation, and wood processing among other adhesive applications. In May 2022, Wacker Chemie opened up its new regional innovation center to develop high-margin biotech and silicone specialties.
Nitto Denko Corporation
Nitto Denko is one of the active players in the adhesives and sealants market. The adhesives offered by the company are mostly based on pressure-sensitive systems which come in the form of tapes. Nitto Switzerland is considered a prominent entity in the production of specialized adhesive films for side curtain airbags. The specialized adhesive film technology for side curtain airbags was recently acquired by ZF Friedrichshafen AG (ZF) from Nitto Denko Corporation and Nitto Switzerland AG.
Adhesives & sealants providers who deliver significant product breakthroughs over their competitors are known as innovators. These Adhesives & sealants businesses have popular product portfolios, but their overall corporate growth strategies are lacking.
Top Adhesives & Sealants Companies- Innovators
The 3M Company
3M is one of the leading companies in the adhesives and sealants market. It offers a wide range of adhesive types such as polyurethane, epoxy, acrylic, etc., and a range of sealants based on polysulfide, and silicone. 3M offers adhesives and sealants products through the brands Bondo, Scotch, and Scotch-Weld. These adhesive types include windshield adhesives, structural adhesives, repair adhesives & patches, flexible adhesives, curing hot melt adhesives, and instant adhesives.
Illinois Tool Works Inc.
ITW operates its sealants and adhesives business under the business segment ITW Polymers. Under this segment, the company offers solutions to industrial, construction, consumer, aerospace, and wind energy sectors. The company operates its adhesives and sealants business through different brands focusing on different types and adhesives and sealants solutions.
Parker Lord, a subsidiary of Parker Hannifin, manufactures high-performance adhesives. It offers a wide range of adhesives based on acrylic, epoxy, and urethane technologies. The company’s adhesion additive technology is known to reduce the time to bond parts by imparting self-bonding properties into standard high consistency silicone rubber (HCR), making it ready to bond with different substrates.
Pidilite is one of the leaders in the adhesives and sealants market. The adhesives and sealants offered by Pidilite are based on water-based adhesives, hotmelt adhesives, and pressure-sensitive hotmelt adhesives formulating technology. The company offers its adhesives and sealants solutions under the brand names, Fevicol, Dr. Fixit, FeviKwik, Fevicryl, M-Seal, Hobby Ideas, and others. The company through its partnership with US-based GCP Applied Technologies introduced GCP's Preprufe and SILCOR 1100, waterproofing membranes.
DIC offers a broad range of pressure-sensitive adhesives based on urethane mostly. The company manufactures various types of adhesives pressure-sensitive adhesives which include solvent-based, water-based emulsion, UV-curable, acrylic, etc. In January 2022, the company completed the acquisition of SAPICI S.p.A., an Italian adhesives and polymers manufacturer. With this acquisition, the company plans to solidify its foothold in Europe.
Mitsui Chemicals is a prominent supplier of polyurethane adhesive solutions. It offers a range of products for packaging applications, and automotive, chemical, and industrial applications. The company uses epoxy or silicone resin and other compositions to build its portfolio of solvent-based, non-solvent, and water-based grades of its products.
Jowat is a medium-sized, family-owned enterprise and is one of the top adhesive manufacturers around the world. The company offers leading technologies and innovations in numerous markets and application areas. It has a tightly connected network of distributors. The company has a workforce of around 1,200 employees worldwide. It has 23 subsidiaries, and its products are used in around 80 countries.
Soudal Group is the largest European manufacturer of sealants, adhesives, and polyurethane foams for professional and private users. The group manufactures products for its own brands and private labels covering the following groups: silicones and other sealants, polyurethane foams, adhesives, hybrid polymers, technical aerosols, and chemical building products. With its own brands, the Soudal Group is focusing on three market segments: professional, industrial, and retail. It manufactures hybrid sealants based on the SMX hybrid technology.
Adhesives & sealants vendors who offer specific product and service offerings make up the emerging Adhesives & sealants companies in the sector. In comparison to the market's leading players, these Adhesives & sealants providers' growth strategies are lacking. Emerging Adhesives & sealants firms cater to new entrants in the industry in terms of product offers and worldwide presence, and they may take some time to establish themselves as market leaders.Top Adhesives & Sealants companies- Emerging
Dymax Corporation is one of the leading companies in the light-curable adhesives range. The company is also a pioneer in developing broad-spectrum light-curable adhesives. Dymax uses different types of technologies to fasten the production process with faster curing solutions. Some of the adhesives are formulated using its patented See-Cure technology, in which once the adhesives are exposed to light it undergoes color transition indicating that the adhesive is completely cured. The company announced its PVA as its new distributor of Dymax materials for the North American region.
Mapei is the leading manufacturer of sealants and adhesives. It offers solvent-free sealing solutions and acrylic and silicone-based adhesives. The company also offers epoxy-based adhesives under the brand Adesilex, MapeWrap, and Epojet brands for construction. The company also offers pressure-sensitive and water dispersion-based adhesives, reaction resin adhesives, hydraulic setting adhesives, and elastic sealants for a wide range of applications.
AkzoNobel is a leading manufacturer of high-performance adhesive systems for structural and indoor applications. The company offers adhesives based on the different types of technologies such as polyurethane, hot-melt, emulsion polymer, and other such formulating technologies. The company also offers an intelligent solution intelliCure to strengthen the entire bonding process.
Showa Denko produces eco-friendly emulsion-based adhesives pressure sensitive adhesives, and solvent-based adhesives. In 2021, the company developed WelQuick, a film-type binding material to bond dissimilar materials together, offering excellent curing time and enhancing the strength of the bond.
Momentive Performance Materials
Momentive is a well-known adhesive and sealant company for its silicone-based pressure-sensitive adhesives (PSA). The company offers its solutions mainly for semiconductor packaging, the construction industry, home projects, etc., and is trying to set its foothold in the electronics industry.
Franklin International is one of the leading manufacturers of adhesives, sealants, and polymers for commercial and industrial applications in the US. The company has global distribution across 60 countries on six continents globally. It operates through two product segments: Adhesives & Polymers division and Construction Building Products division. The Adhesives & Polymers division offers products such as wood adhesives, pressure-sensitive adhesives, and specialty polymers for industrial applications.
Adhesives Research Inc.
Adhesives Research is one of the leading developers of adhesives and tapes for various industries. The company has a strong portfolio of technologies for the medical, electronics and industrial, and drug delivery sectors. It incorporates pressure-sensitive adhesive technologies and the company’s proprietary ARflow adhesive technologies. These technologies help in strengthening the bonds formed by the adhesive technologies.DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA
Delo is a leading manufacturer of adhesives and sealants. It offers its adhesive solutions to a wide array of applications which include microelectronics, semiconductor packaging, photovoltaics, electronics, automotive, etc. The company’s adhesives are solvent-free adhesives and are based on acrylates, epoxy resins, and silicones.
In February 2022, DELO introduced DELO PHOTOBOND UV acrylates for optoelectronics,, which allow for the quick and true-color bonding of holographic films made by Covestro, one of the top producers of films for holographic applications.
Advantages of adhesives and sealants in commercial businesses
Adhesives and sealants provide many advantages for businesses. When used appropriately, they can save you money, time, and hassle. To meet the needs of various industries, these items are offered in a variety of diverse materials. Many of these substances offer a beautiful and long-lasting finish that may be applied to surfaces made of wood, metal, or plastic.
The fact that sealants and adhesives are inexpensive is another significant benefit. For your commercial needs, you can get a variety of sealants at affordable pricing. You can get the appropriate materials for your products by selecting a dependable provider. High-quality sealants and adhesives, when applied properly, can save your operating expenses by increasing the efficiency and dependability of your machinery and staff.
Additionally, you can receive these chemicals for wholesale costs when you get them from a reputable seller. You can choose to purchase the products in large amounts if you utilize them in your business, which will allow you to save money.
Simple to Use
The use of protective coatings and sealants is simple. Simply place the material of your choice in the designated location and ensure that it adheres firmly to its work. Since sealants and adhesives are easy to use, there is no need for you to spend additional time or money educating staff.
In addition to being simple to apply, sealants and adhesives give you more design and performance options. This perk enables your company to gain a competitive edge through the provision of high-quality goods and services.
Sealants can help you with this issue because it's crucial to keep surfaces tidy and free of debris so that it won't taint the product's appearance. You may select the sealant that best meets your needs because they are available in a range of strengths. Additionally, you can use them to protect your priceless item from any injury, such as when employing granite or glass in your house or workplace. For instance, sealants can be placed with a special applicator pad to all your glass surfaces to stop leaks. Adhesives and sealants can assist your business gives clients a better-looking product and better services.
Several options are available
You have a wide range of alternatives when it comes to the many types of sealants on the market. Some sealants are silicone-based, while others are water-based. The most important thing to keep in mind is that the stronger the glue and sealant, the better it will accomplish its goal.
The protection they offer for the materials being used is the main benefit of employing adhesives and sealants. You can be confident that the materials being sealed will withstand the pressure and stress for a longer amount of time since they add an extra layer of protection. As a result, it's crucial to use these solutions to boost business performance and guarantee corporate success.
There are several solutions accessible, and each provides a unique set of advantages-
The ability of adhesives to hold things together is one of its main benefits. Rubber adhesives, for instance, easily create a bead-like covering on a variety of substrates, including plastic or glass. On the other hand, conventional glue tends to bond glass in a more patchy fashion.
Adhesives provide stability for the surface finish as well as protection and bonding force. Epoxy resins, for example, can be used to create a finish that is incredibly durable and hygienic on floors and countertops.
However, sealants are frequently employed as a solution to increase durability, protection, and safety. The main advantage of utilizing thermoplastic sealants is that they can resist heat, making them ideal for usage around hot cooking equipment or on hot work surfaces like conveying engines and boilers where they help keep food fresh and dry by limiting material expansion and contraction.
360 Quadrant for Adhesives and Sealants, Worldwide 2022
Include analysis from
- Industrial Manufacturing
- Oil and Gas
- Aerospace and Defence
- Consumer and DIY
- Building and Construction
- Paper and Packaging
Customised Quadrant For This Market
Comparing 25 vendors in Adhesives and Sealants across 109 criteria.
Adhesives and Sealants market size is projected to grow to USD 85.8 billion by 2026. In our 109-criterion evaluation of Adhesives and Sealants companies, we identified 25 most significant ones and researched, analysed and scored them. This report shows how each company measures up, empowering businesses to make better decisions. Henkel, H.B. Fuller, Arkema, Sika lead the Quadrant as Visionary Leaders.
Included in Full Research
- Market Overview
- Market Definition
- Market Drivers
- Market Opportunities
- Evaluation Summary
- Product Maturity Scorecard
- Company Maturity Scorecard
- 25 Company Profiles
- Evaluation Criteria
- 360 Methodology
Henkel operates its adhesive and sealants business through five technology brands which include Loctite, Technomelt, Bonderite, Teroson, and Aquence. Henkel has a broad portfolio of adhesive technologies such as hot-melt adhesives, water-based adhesives, industrial sealants, polyurethane adhesives, water-based acrylics, renewable thermosets, acrylic-based emulsions, and others. These technologies offer high performance across a different set of applications that need quick room temperature curing and zero adhesive-related emissions.
The company offers a wide range of adhesive solutions based on different technologies such as hot-melt adhesives, silicone adhesives, reactive hot-melt adhesives, water-based adhesives, UV and light cure adhesives, butyl sealants, etc. HB Fuller’s adhesive and sealant solutions offer a high-performing quick bond and are easy to use and have proved to increase the productivity of several applications. Some of the hot non-reactive technologies include Polyamide, Polyethylene, Acrylic, Butyl, Ethylene Vinyl Acetate and others.
The company has expertise in pressure-sensitive adhesives. It offers a wide range of products based on hot melt and waterborne adhesive technologies. It additionally, also offers additives for the adhesives. The company offers its adhesives for different industries, including building and construction, transportation, aerospace, automotive, packaging and lamination, disposable hygiene, manufacturing and industry, DIY, and assembly adhesives.
Sika offers high-performance adhesives that offer versatility and improve the durability of the products. The company is recognized as a leader in 1C polyurethane sealants and adhesives. These polyurethanes are the leading technology adhesives and sealants of Sika. The company also develops innovative new technologies such as i-Cure or PowerCure to address the growing industry needs. The company also invented Co-Elastic Technology (CET) which is used to improve the performance of water-based adhesive systems.
3M offers adhesives and sealants products through the brands Bondo, Scotch, and Scotch-Weld. The company is one of the prominent entities in the adhesives and sealants market. It offers a wide range of adhesive types such as polyurethane, epoxy, acrylic, etc., and a range of sealants based on polysulfide, and silicone. 3M’s adhesives and sealants are widely used in industries such as electronics, manufacturing transportation, energy, automotive, construction, and many others.
Nitto Denko offers a line of adhesives that require strong adhesion properties. It offers adhesive and sealants solutions for medical, construction, aerospace, electronics, packaging, and other applications. The company manufactures its adhesives based on pressure-sensitive adhesive systems and are mostly in the form of tapes.
DIC Corp. is a chemical company active in the adhesives and sealants market. The company manufactures various types of adhesives pressure-sensitive adhesives which include solvent-based, water-based emulsion, UV-curable, acrylic, etc. These pressure-sensitive adhesives support varying environmental conditions and are suitable for a wide range of substrates.
Huntsman offers various types of adhesive solutions for multiple applications. The company’s Araldite adhesives brand has been used in different industry sectors. It encompasses high-performance epoxy, acrylic, and polyurethane adhesives and high-performance specialty epoxy and benzoxazine resin systems. Huntsman also offers hotmelts and solvent-based adhesives.
Wacker Chemie uses silane-modified polymers which improve the strength and elasticity of the adhesives. Additionally, the VINNAPAS, its solid resin product prevents shrinkage during curing. These features improve the quality of the adhesives offered by the company.
Parker Lord offers bonding adhesives based on acrylic, epoxy, and urethane technologies. The company’s acrylic metal adhesives are efficient in preventing galvanic corrosion when cross bonding to aluminum and improve design flexibility and overall cost. These adhesives offer high strength and durability over traditional fastening methods. Parker Lord’s adhesives also offer room temperature curing, high tensile strength, and excellent resistance to temperature and chemicals.
Avery Dennison is one of the leading adhesive and solution providers for the packaging industry. It also caters its solutions to automotive, electronics, and industrial applications. It uses its TrueCut™ Adhesive Technology to offer excellent adhesion. The company’s hot-melt technology adhesives are designed for low temperatures solutions.
Dow offers adhesives and sealants based on various formulations which include acrylic, polyurethane, silicone-based, and moisture, heat, UV curing, among others. The adhesives and sealant products offered by Dow are offered as both raw materials (surfactants, oxygenated solvents, rheology modifiers, additives and more) or fully formulated products.
RPM International is another leading company in specialty coatings. The company operates across four reportable segments, including construction products, performance coatings, and consumer and specialty products. The company offers adhesive products under the brands such as Tremco, DAP, Dural, EUCO, etc.
The company offers its adhesives and sealants solutions under the brand names, Fevicol, Dr. Fixit, FeviKwik, Fevicryl, M-Seal, Hobby Ideas, and others. The adhesives and sealants offered by the company are based on polyurethane, cyanoacrylates, epoxy, silicone, etc. Pidilite caters its services to various industry verticals including, textiles, woodworking, industrial, and textiles among others.
The key market of the company is the construction market for which its offers roofing, surfacing, metal building, and fenestration services. ITW offers its solutions through the brands ERSystems, Permathane, Tacky Tape, STA’-PUT, Pacific Polymers, Acryl-R, Miracle, and Elastek.
Showa Denko is a leading producer of eco-friendly emulsion-based adhesives pressure sensitive adhesives, and solvent-based adhesives. These adhesives are widely used for applications such as woodworking, lamination, construction, textiles, paper processing, etc. The company also manufacturers hot-melt and reactive hot-melt adhesives for various applications.
Mapei develops pressure-sensitive and water dispersion-based adhesives, reaction resin adhesives, hydraulic setting adhesives, and elastic sealants for a range of construction applications. Mapei also offers silicone and polyurethane-based sealants which are used for waterproofing, construction, packaging, and other applications.
Momentive is one of the active entities in the adhesives and sealants market. The company is well-known for its silicone-based pressure-sensitive adhesives (PSA). Momentive has been expanding its product portfolio with silicone-based pressure-sensitive adhesives and adhesive formulations for electronic applications. Currently, the company offers its solutions for semiconductor packaging, the construction industry, home projects, etc.
Adhesives Research is one of the leading developers of adhesives and tapes for various industries. The company has a strong portfolio of technologies for the medical, electronics and industrial, and drug delivery sectors. It incorporates pressure-sensitive adhesive technologies and the company’s proprietary ARflow adhesive technologies. These technologies help in strengthening the bonds formed by the adhesive technologies.
Delo is a leading manufacturer of adhesives and sealants. It offers its adhesive solutions to a wide array of applications which include microelectronics, semiconductor packaging, photovoltaics, electronics, automotive, etc. The company’s adhesives are solvent-free adhesives and are based on acrylates, epoxy resins, and silicones. Delo also offers UV adhesives which have the properties of optical and thermal stability due to which they are suitable for manufacturing optical components.
AkzoNobel is a leading manufacturer of high-performance adhesive systems for structural and indoor applications. The company offers adhesives based on different type of technologies such as polyurethane, hot-melt, emulsion polymer, and other such formulating technologies. It also offers an intelligent solution namely, intelliCURE, which is includes high performance adhesives plus machine and software solutions to optimize the bonding process.