New York, Aug. 13, 2019 (GLOBE NEWSWIRE) -- The increased demand from the automotive and construction industry is propelling the growth of the market.
The global adhesives & sealants market is forecast to reach USD 88.25 Billion by 2026, according to a new report by Reports and Data. The increased demand from the automotive and construction industry will fuel the growth of the market. The development of new materials has led to sophisticated processing technologies, which in turn increases the need for adhesives and sealants. Traditional thermal methods, such as welding and riveting, results in alterations in the specific properties of the material within the heat-affected zone.
The key players in the market are highly investing in research of development of these technologies to innovate their adhesive formulations to meet the stringent specifications of the end-use industry. Technologically advanced paste, liquid, or film adhesive and sealant systems facilitate improved durability, performance, weight savings, and fuel efficiency for vehicles. The wide range of resins used in the adhesives and sealants consists of epoxies, polyurethanes, silicones, and polysulfide, among others.
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Further key findings from the report suggest
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Segments covered in the report:
For this report, Reports and Data have segmented into the global Adhesives & Sealants market on the basis of product type, resin type, technology, industry vertical, and region:
Product Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Resin Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Technology Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Industry Vertical Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
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Regional Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
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