Adhesives & Sealants Market Size to Reach USD 66.76 Billion by 2026; Rising Demand for Mobile Devices to Prove Favorable for the Market, Says Fortune Business Insights

Key Companies Covered are Sika AG, PPG Industries, H.B. Fuller Company, Avery Dennison, Arkema S.A, RPM International Inc, Huntsman Corporation, BASF SE, Ashland Inc, 3M and other key players PUNE, India, Feb. 13, 2020 /PRNewswire/ -- The global Adhesives & Sealants Market size is expected to reach USD 66.76 billion by 2026, exhibiting a CAGR of 5.05% during the forecast period. Promising growth of the global building and construction industry is touted to be the top factor driving this market in the foreseeable future. According to the French credit insurance company, Euler Hermes, the global construction industry grew by 3.5% in 2018 from 2017 levels, making 2018 the best-performing year for the industry in a decade. Furthermore, a joint report produced and published by Global Construction Perspectives and Oxford Economics predicts that the value of this industry will hit $15.5 trillion by 2030, with an 85% rise in volume. India, China, and the US will account for nearly 57% of this rise, the report states. Adhesives and sealants are some of the most vital components in buildings as they hold join two distinctive materials together and keep them in place for prolonged periods of time. Thus, escalating demand for housing and commercial spaces would leverage the adhesives and sealants market growth in the coming years. Fortune Business Insights™ provides the above information in its new report, titled "Adhesives & Sealants Market Size, Share & Industry Analysis, By Adhesive Technology (Water-Based, Solvent-Based, Hot-Melt, Reactive And Others), By Adhesive Application (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation, Leather & Footwear And Others), By Resin (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl And Others), By Sealant Application (Building & Construction, Automotive & Transportation, Consumer And Others), and Regional Forecast, 2019-2026". As per the findings of the report, the market value stood at USD 45.02 billion in 2018. The other highlights of the report are: Thorough research into the drivers, trends, and restraints shaping the growth of the market; 360-degree analysis of the market segments and their influence on the overall market outlook; Meticulous study of the competitive landscape of the market through profiling of key players, their strategies, and other industry developments; and Comprehensive evaluation of the regional dynamics of the market. List of Top Players Covered in the Adhesives & Sealants Market Report are: Sika AG PPG Industries H.B. Fuller Company Avery Dennison Arkema S.A. RPM International Inc. Huntsman Corporation BASF SE Ashland Inc. 3M