Adhesives and Sealants Market Europe By Product Type,Adhesives and Sealants Geography And Applications (2017 – 2022)

Summary

Europe Adhesives and Sealants Market Segmented by Application, Industry and Geography Trends and Forecasts (2017-2022).

Description

The European adhesives and sealants market was valued at USD 8.11 billion in 2015  and is projected to reach USD XX billion by 2020, at a CAGR of 5.21% during the forecast period.

Adhesives and sealants are often considered together, as they both are applied to the surfaces of materials to adhere and seal them together. They are usually in liquid form, are viscous in nature, with no or little flow characteristics. Adhesives are majorly chosen for their bonding and holding power and have high tensile and shear strength.

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Adhesives are of two types, namely, structural (whose strength is vital for the success of the assembly) and non-structural (has low strength and is used to bond weak substrates and/or temporary fastening). However, sealants are majorly selected for their ability to resist relative movement of the substrates, to fill gaps, and to contain or exclude another material. They have less strength compared to adhesives but are more flexible in nature. Adhesives and sealants, owing to their ability to bind different materials together by distributing stress more efficiently across the joint, are becoming an integral part of various commercial and industrial sectors.

Market Dynamics of the Europe Adhesives & Sealants Market

Drivers:

  • Recovering automotive industry
  • Increasing demand from the packaging industry
  • Growing usage in electric vehicles

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Restraints:

  • Stringent environmental regulations regarding VOC emissions
  • Economic slowdown in Europe
  • Europe Adhesives & Sealants Market Segmentation

The European adhesives and sealants market report can be broadly segmented by major end-user sectors (building and construction, paper, board, and packaging, transportation, woodworking and joinery, footwear and leather, assembly operations, medical, and others), by adhesive technology (water-borne adhesives, solvent-borne adhesives, reactive adhesives, hot melts adhesives, and others) and by sealant product type (silicone sealants, polyurethane sealants, plastisol sealants, emulsion sealants, and others).

In terms of end-user industry, the paper, board, and packaging segment accounted for about XX.XX% share of the European adhesives and sealants market in 2015.  The market has also been geographically segmented into Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe. In terms of market revenue in 2015, Germany led the market with a share of XX.XX%. With the growing environmental concerns and implementation of stringent emissions norms by the European Commission is making consumers shift towards eco-friendly transportation system, thereby, increasing the demand for electric vehicles in the European region, and in turn making the region an area of immense potential and opportunities. However, the volatility in the raw material prices in the region has considerably hindered the growth of this market.

Furthermore, the recovering construction industry in the European region and the rising demand for fuel efficient and lightweight vehicles will offer numerous opportunities for the growth of the European adhesives and sealants market.

Some of the major companies dominating this market for its products, services, and continuous product developments are:

  • 3M
  • Ashland Inc.
  • Avery Dennison
  • Dow Chemicals
  • Henkel AG & Co. KGaA

Key Deliverables in the Study

  1. Market analysis for the European adhesives and sealants market, with region specific assessments and competition analysis.
  2. Market definition along with the identification of key drivers and restraints.
  3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  4. Extensively researched competitive landscape section with profiles of major companies along with their market share.
  5. Identification and analysis of the macro and micro factors that affect the European adhesives and sealants market on a regional scale.
  6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  8. Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped

No. of Report Pages:  134

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