The latest research on the Adhesives and Sealants market applies both qualitative and quantitative data analysis to the future adjacencies around the concrete vibrator industry for the forecast period, 2018-2025. The all-encompassing study for the market share, growth and size equip stakeholders, business owners, and field marketing personnel to obtain a unique knowledge about the current business environment. Business owners can leverage their assets to gain a strong foothold in the business world.
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Asia Pacific, Africa and South America are looking for the future growth of this market. Rental vacancy rates in Asia-Pacific are at all time low in 2017 and house ownership rates are growing.
Emerging markets for electronics, energy coupled with aggressive rise in indus trialization rate in India, China Indonesia and Philippines in Asia Pacific is a positive growth in this market. Urbanization rate for South East Asia is 35% by the IMF while the Pacific region is estimated at 85%. Hypothesis showcase rapid growth in housing and construction projects Rising economies in this region thus owns a common phenomenon of substantial slum settlements which the working governments in this region are aggressively trying to eradicate.
India expects more than 230 million people moving into urban settlements in the next 10 years owing to decreasing agricultural economy. More than $ 2.5 billion dollars have been allocated for housing projects for the slum dwellers in India and the turn key projects are expected to be completed by the end of 2027. Major amount of demand for adhesives will come from this region along with Philippines and China who are experiencing a similar trend.
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Sub-Saharan Africa wants to be promptly the growth of the adhesives and sealants industry. This region exhibits a growth of 1.1% in three quarters since the end of 2016. Increasing construction index along with continuing investments for oil and gas exploration therefore wants to drive the demand for the adhesives & sealants market.
North America and Europe had a profitable packaging sector in 2016. One of the only few industries registering profitable growth in 2015-2016. Sealants are in a wide range of applications in this segment. The automotive industry and stringent environmental norms in this region are thus expected to contribute significantly in pushing the growth of this market.
Water based formulations holds the largest market share in the adhesives & sealants market, by type
Water based formulations dominated the market with an impressive 43.15% in 2016. The eco friendly nature of this technology aligns its characteristics with VOC emission standards. There is a great deal of pressure to go to international environmental pressure.
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Global Adhesives Technology Outlook (Kilo Tons) (USD Million), 2015 – 2025
1 Water-Based
2 solvent-based
3 Hot Melt
4 Reactive & Other
Global Adhesives Product Outlook (Kilo Tons) (USD Million), 2015 – 2025)
1 acrylic
2 PVA
3 polyurethanes
4 styrenic block
5 epoxy
6 EVA
7 others
Key Points from table of content:
Chapter 9.
Company Profiles
9.1. Henkel AG
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Type benchmarking
9.2. HB Fuller
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Type benchmarking
9.3. Huntsman International LLC
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Type benchmarking
Continued ….
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