Home
Materials & Chemicals
Advanced Materials
North America Adhesives and Sealants Market Growth | 2031

North America Adhesives and Sealants Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Adhesive Technology (Solvent-borne [Poly Acrylate, Chloroprene Rubber, Styrenic Block Copolymers, and Others], Hot Melt [Styrenic Block Copolymers, Ethylene Vinyl Acetate, Thermoplastic Polyurethane, and Others], Water-borne [Polyvinyl Acetate Emulsion, Polyurethane Dispersion and Chloroprene Rubber Latex, Acrylic, Ethylene Vinyl Acetate Emulsion, and Others], Reactive [Epoxy, Modified Acrylic, Silicone, Polyurethane, Cyanoaccrylate, Anaerobic, and Others], and Others), Sealant Product Types (Polyurethane, Polyvinyl Acetate, Silicone, Acrylic, and Others), End-user Industries (Building and Construction, Footwear and Leather, Electrical and Electronics, Healthcare, Woodworking and Joinery, Transportation, and Others), and Geography (United States, Mexico, Canada, and Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031

MC-1764
4.2 Rating
184 Pages

Upcoming
70 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

North America Adhesives and Sealants Market Outlook 2031:

The North America adhesives and sealants market size was valued at USD 13.50 Billion in 2022 and is projected to reach USD 22.42 Billion by 2031, expanding at a CAGR of 5.8% during the forecast period 2023 - 2031. The growth of the market is attributed to the wide usage due to high performance polymers and formulations along with rising demand for adhesives in the medical industry.

Adhesives are the composite structure designed to clutch and bind at a cellular level. It is majorly made of two substances that stick together so that the surfaces cannot be divided. Adhesives are in liquid form, which become solid after application and it don’t dry when used on an exterior surface. It has powerful shear and ductile power, making them viable bonding materials for high pressure situations.

A sealant is lower in strength in comparison to an adhesive and it is also used for various purposes. Sealants are used to fill the gaps and resist relative motion of the surfaces to which they are applied. Sealants provide the gathered with high flexibility. Covid-19 has impacted the adhesives and sealants market.

Adhesives and Sealants Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for green, non-hazardous, and sustainable adhesives is expected to spur the market expansion in the coming years.
Rapid growth of the building and construction industry is major factor propelling the market growth.
Environmental regulations in North America are estimated to restrict the market expansion during the forecast period.
Changing standards and rules regarding adhesive and sealants market acts as key challenge that can hinder the market growth.
R&D investment and technological advancement in the adhesives and sealants market is anticipated to offer lucrative opportunities for the market players.

Scope of the Adhesives and Sealants Market Report

The report on the North America adhesives and sealants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	North America Adhesives and Sealants Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023-2031
Segmentation	Adhesive Technology (Solvent-borne [Poly Acrylate, Chloroprene Rubber, Styrenic Block Copolymers, and Others], Hot Melt [Styrenic Block Copolymers, Ethylene Vinyl Acetate, Thermoplastic Polyurethane, and Others], Water-borne [Polyvinyl Acetate Emulsion, Polyurethane Dispersion and Chloroprene Rubber Latex, Acrylic, Ethylene Vinyl Acetate Emulsion, and Others], Reactive [Epoxy, Modified Acrylic, Silicone, Polyurethane, Cyanoaccrylate, Anaerobic, and Others], and Others), Sealant Product Types (Polyurethane, Polyvinyl Acetate, Silicone, Acrylic, and Others), End-user Industries (Building and Construction, Footwear and Leather, Electrical and Electronics, Healthcare, Woodworking and Joinery, Transportation, and Others)
Geography	United States, Mexico, Canada, and Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Arkema Group; HB Fuller Company; 3M; Sika AG; Henkel AG & CO. KGaA; The Dow Chemical CO.; RPM International Inc.; and Evonik Chemicals Ltd.

Adhesives and Sealants Market Segment Insights:

Water-borne segment is projected to account for a large market share

Based on adhesive technology, the North America adhesives and sealants market is divided into solvent-borne, hot melt, water-borne, and reactive. The solvent-borne segment is further classified into poly acrylate, chloroprene rubber, styrenic block copolymers, and others. The hot melt segment is further segregated into styrenic block copolymers, ethylene vinyl acetate, thermoplastic polyurethane, and others.

The water-borne segment is further categorized as polyvinyl acetate emulsion, polyurethane dispersion and chloroprene rubber latex, acrylic, ethylene vinyl acetate emulsion, and others. The reactive segment is further segregated into epoxy, modified acrylic, silicone, polyurethane, cyanoaccrylate, anaerobic, and others.

The water-borne segment is expected to constitute a key share of the market during the forecast period owing to economical, flexibility, and availability of adhesive technology in various varieties. However, the reactive segment is anticipated to expand at a rapid pace during the forecast period due to the long-lasting bond provided in case of intense moisture and temperature change.

Polyurethane segment is projected to hold a key market share

On the basis of sealant product types, the market is segmented into polyurethane, polyvinyl acetate, silicone, acrylic, and others. The polyurethane segment is expected to constitute a key share of the market during the forecast period owing to high usage in technologies in new construction and renovation projects.

These sealants provide better adhesion, tint ability, and abrasion. On the other hand, the silicone segment is anticipated to expand at a rapid pace during the forecast period owing to widely used due to its excellent properties in various end-users industries.

Electrical and electronics segment is projected to constitute a major market share

In terms of end-user industries, the North America adhesives and sealants market is segregated into building and construction, footwear and leather, electrical and electronics, healthcare, woodworking and joinery, transportation, and others.

The electrical and electronics segment is expected to account for a key share of the market during the forecast period owing to increasing demand for various products such as electronic components, Smartphone, and electronic devices. However, the building and construction segment is anticipated to expand at a rapid pace during the forecast period due to its dependability and durability.

United States is anticipated to dominate the market

On the basis of geography, the North America adhesives and sealants market is categorized as United States, Mexico, Canada, and Rest of North America. The market of United States is anticipated to expand at an impressive CAGR during the forecast period.

The regional market growth can be attributed to the construction sector in the country is recovering from the recession and is witnessing renewed investments. The increasing consumption of adhesive and sealants in footwear and textile market is expected to drive the market in the United States.

Segments

The North America adhesives and sealants market has been segmented on the basis of

Adhesive Technology

Solvent-borne
- Poly Acrylate
- Chloroprene Rubber
- Styrenic Block Copolymers
- Others
Hot Melt
- Styrenic Block Copolymers
- Ethylene Vinyl Acetate
- Thermoplastic Polyurethane
- Others
Water-borne
- Polyvinyl Acetate Emulsion
- Polyurethane Dispersion and Chloroprene Rubber Latex
- Acrylic
- Ethylene Vinyl Acetate Emulsion
- Others
Reactive
- Epoxy
- Modified Acrylic
- Silicone
- Polyurethane
- Cyanoaccrylate
- Anaerobic
- Others
Others

Sealant Product Types

Polyurethane
Polyvinyl Acetate
Silicone
Acrylic
Others

End-user Industries

Building and Construction
Footwear and Leather
Electrical and Electronics
Healthcare
Woodworking and Joinery
Transportation
Others

Geographies

United States
Mexico
Canada
Rest of North America

Key Players

Arkema Group
HB Fuller Company
3M
Sika AG
Henkel AG & CO. KGaA
The Dow Chemical CO.
RPM International Inc.
Evonik Chemicals Ltd.

Competitive Landscape

Key players competing in the North America adhesives and sealants market include Arkema Group; HB Fuller Company; 3M; Sika AG; Henkel AG & CO. KGaA; The Dow Chemical CO.; RPM International Inc.; and Evonik Chemicals Ltd.

Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Adhesives and Sealants Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Adhesives and Sealants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Adhesives and Sealants Market - Supply Chain
  4.5. Global Adhesives and Sealants Market Forecast
     4.5.1. Adhesives and Sealants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Adhesives and Sealants Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Adhesives and Sealants Market Absolute $ Opportunity
5. Global Adhesives and Sealants Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Adhesives and Sealants Market Size and Volume Forecast by End Users
     5.3.1. Building and Construction
     5.3.2. Footwear and Leather
     5.3.3. Electrical and Electronics
     5.3.4. Healthcare
     5.3.5. Woodworking and Joinery
     5.3.6. Transportation
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Adhesives and Sealants Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Adhesives and Sealants Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Adhesives and Sealants Demand Share Forecast, 2019-2026
7. North America Adhesives and Sealants Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Adhesives and Sealants Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Adhesives and Sealants Market Size and Volume Forecast by End Users
     7.4.1. Building and Construction
     7.4.2. Footwear and Leather
     7.4.3. Electrical and Electronics
     7.4.4. Healthcare
     7.4.5. Woodworking and Joinery
     7.4.6. Transportation
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Adhesives and Sealants Demand Share Forecast, 2019-2026
8. Latin America Adhesives and Sealants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Adhesives and Sealants Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Adhesives and Sealants Market Size and Volume Forecast by End Users
     8.4.1. Building and Construction
     8.4.2. Footwear and Leather
     8.4.3. Electrical and Electronics
     8.4.4. Healthcare
     8.4.5. Woodworking and Joinery
     8.4.6. Transportation
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Adhesives and Sealants Demand Share Forecast, 2019-2026
9. Europe Adhesives and Sealants Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Adhesives and Sealants Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Adhesives and Sealants Market Size and Volume Forecast by End Users
     9.4.1. Building and Construction
     9.4.2. Footwear and Leather
     9.4.3. Electrical and Electronics
     9.4.4. Healthcare
     9.4.5. Woodworking and Joinery
     9.4.6. Transportation
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Adhesives and Sealants Demand Share Forecast, 2019-2026
10. Asia Pacific Adhesives and Sealants Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Adhesives and Sealants Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Adhesives and Sealants Market Size and Volume Forecast by End Users
     10.4.1. Building and Construction
     10.4.2. Footwear and Leather
     10.4.3. Electrical and Electronics
     10.4.4. Healthcare
     10.4.5. Woodworking and Joinery
     10.4.6. Transportation
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Adhesives and Sealants Demand Share Forecast, 2019-2026
11. Middle East & Africa Adhesives and Sealants Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Adhesives and Sealants Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Adhesives and Sealants Market Size and Volume Forecast by End Users
     11.4.1. Building and Construction
     11.4.2. Footwear and Leather
     11.4.3. Electrical and Electronics
     11.4.4. Healthcare
     11.4.5. Woodworking and Joinery
     11.4.6. Transportation
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Adhesives and Sealants Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Adhesives and Sealants Market: Market Share Analysis
  12.2. Adhesives and Sealants Distributors and Customers
  12.3. Adhesives and Sealants Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Arkema Group
     12.4.2. HB Fuller Company
     12.4.3. 3M
     12.4.4. Sika AG
     12.4.5. Henkel AG & CO. KGaA
     12.4.6. The Dow Chemical CO.
     12.4.7. RPM International Inc.
     12.4.8. Evonik Chemicals Ltd.&a

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By