The high demand for reactive technology-based products has played a major role in boosting the global adhesives and sealants market. As both these products are versatile bonding agents, they are widely used in building and construction, transportation, and the furniture industry. Due to their application in a broad range of industries, the global market for adhesives and sealants was valued at $48.3 billion in 2015. And as solvent-based formulations are giving way to reactive adhesives and sealants, the analysts at Technavio predict this market to record a CAGR of 5% by 2020.

Geographically speaking, it is the APAC region that has emerged as a major market for adhesives and sealants. This is essentially due to the high growth rate of end-users’ industries in this region – something that has reached a mature stage in the markets of North America and Europe.

When it comes to vendors in the global adhesives and sealants market, below are the top vendors identified by analysts at Technavio:

3M

3M offers the largest portfolios of adhesives and sealants for applications across aerospace, construction, electronics, automotive, metalworking, and packaging industries. Its offerings include structural adhesives and non-structural adhesives. Epoxy adhesives, acrylic adhesives, urethane adhesives, and cyanoacrylate adhesives are examples for structural adhesives while non-structural adhesives include hot-melt adhesives, rubber adhesives and pressure-sensitive adhesives.
 

Arkema

Arkema is a global supplier of specialty chemicals for adhesives and sealants. In February 2015, it acquired Bostik, a leader in the adhesives market, for $2.31 billion. Both companies have focused their efforts on innovation and expanding their presence in emerging countries. Bostik manufactures adhesives in three broad categories, including industrial, construction, and consumer. Quelyd, Sader, Evo-Stik, Mem, and Fortaleza are some of its noteworthy brands in the construction and consumer products segments.
 

Dow

Dow is a global producer of specialty chemicals, advanced materials, and plastics for the packaging, water, electronics, coatings, and agricultural sectors. The company has a portfolio of more than 6,000 products. Dow also offers a wider range of sealants and adhesives, primarily for construction, packaging, and automotive applications. Polyox, Ethocel and Betamate are some of its leading products.
 

H.B. Fuller

A global industrial adhesive manufacturer, H. B. Fuller focuses on adhesives, sealants, and specialty chemicals. Its sales operations span over 40 countries worldwide including North America, Europe, Central and South America, APAC, the Middle East, and Africa. The company's adhesive solutions include adhesive-coated technology, hot-melt, solvent-based, water-based and polyurethane adhesives and other reactive chemistries.
 

Henkel

Henkel specializes in laundry and home care, beauty care, and adhesive technologies. Loctite is the company's leading brand of adhesives, sealants, and coating solutions, accounting for nearly 25% of the total revenue from adhesive technologies. Loctite products are sold in more than 130 countries worldwide for aerospace, electronics, automotive, industrial assembly, and consumer applications.
 

Franklin International

Franklin International is a manufacturer of adhesives, sealants, and polymers for commercial and industrial applications. The company manufactures a range of wood polymers, specialty polymer adhesives, and pressure-sensitive adhesives. It also produces a variety of sealants for use in the general repair, woodworking, flooring, and other construction activities. Titebond, Acrynax, and Micronax are some of its noteworthy brands.
 

Wacker Chemie

Wacker Chemie manufactures silicones, polymeric binders, and additives for various industrial sectors. The company develops adhesives and sealants for paper, packaging, wood and flooring, wind power, and automotive industries. Its brands include VINNAPAS, ELASTOSIL, SilGel, and GENIOSIL.

Royal Adhesives & Sealants

Royal Adhesives and Sealants manufactures adhesives, sealants, encapsulants, and polymer coatings. The company provides a range of assembly adhesives, epoxy and urethane adhesives, flooring adhesives, adhesives for inflatable structures, water-based adhesives, pressure-sensitive adhesives, and aerospace sealants. Some of its brands include Advanced Polymers International, Hydra FAST-EN, Silaprene, and Chemque.

Avery Dennison

Avery Dennison operates in more than 50 countries worldwide. The company manufactures pressure-sensitive adhesive materials with a range of face stock and adhesion-permanence options. These adhesives have applications in food and beverages, electronics, home and personal care, pharmaceuticals, and supply chain and logistics.
 

ITW

ITW provides adhesives and sealants for auto aftermarket, industrial, construction, and consumer purposes. It also manufactures pressure-sensitive adhesives and components for applications in electronics, telecommunications, medical, and transportation. Plexus structural adhesives is one of the leading brands of the company. Other prominent brands include ER SYSTEMS and PERMATHANE sealant solutions for roofing, surfacing, and metal building applications.

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