An adhesive is a chemical fusion that joins two surfaces to form a single unit, whereas a sealant is a semisolid material to prevent fluid leakage, and it possesses high shear and tensile strength that create them best suited for holding- and bonding-related applications. According to BlueQuark Research and Consulting, the Global Adhesives and Sealants market is anticipated to exhibit a significant growth rate during the forecasted period. Factors such as the packaging segment dominated the market due to the robust demand for packaging materials from the food & beverages and e-retail companies, which is expected to drive the need for the Adhesives and Sealants market in the forecasted period. Further, the demand for a wide range of electrical and electronic devices such as tablets, laptops, smartphones, and others where adhesives and sealants are widely used for bonding various components is expected to drive the demand for the Adhesives and Sealants market in the forecasted period. Furthermore, the growing population, rise in urbanization, and increase in government spending have led the building and construction sector to witness a significant growth where adhesives and sealants are widely used to fill cracks, openings, and seal joints. However, applying adhesives and sealants emits abundant chemical gases, which are considered harmful and hazardous when inhaled. Thus, the regulations imposed their usage are becoming stricter.

Adhesives and sealants are prepared with similar chemicals and technologies. They are used in many sectors, such as paper packaging, woodworking, footwear manufacturing, building & construction, electrical & electronics, automotive, and others.

The paper, board, and packaging fragment is the largest consumer of adhesives and sealants. Packaging has been witnessing strong demand from end-user industries, like food and beverages, consumer goods, stationery, cosmetics, and other end-user industries. Online retail shopping is surging at a higher rate with the growing internet technologies and web applications, which have primarily supported the growth of the packaging sector. Moreover, the need for cosmetics and food & beverage products is predicted to grow due to the increasing population and demand for quality products, urbanization, and consumers inclining toward technology, fueling the market for the packaging industry. Changes in material usage patterns, wherein materials such as aluminum, metal, and paper are replaced by highly durable materials. This is anticipated to affect the products demand in packaging applications positively. The Asia Pacific is expected to witness the most robust growth in the demand for packaging materials due to the solid economic performance of the developing countries, promising strong market demand, and the growing population, which is adding new direction to the market. Matured markets like North America and Europe are also expected to observe noticeable growth in their packaging industry owing to the influence of online retail business trends. Increasing demand for bio-based products is predicted to augment the demand for hot melt technology over the forecasted period and contribute to the expansion of the paper & packaging segment. Hence, with such robust growth of the global packaging industry, the demand in the adhesives and sealants market is also anticipated to increase during the forecasted period.

Asia-Pacific was the largest consuming region, supported by increasing demand from countries including China, India, and ASEAN Countries. The major end-user industries in the area include construction, transportation, electronics, and paperboard & packaging, among others. Initiatives such as food and beverage, cosmetics, and consumer goods continuously innovate new products, increase production, and resort to attractive packaging materials to attract customers. The manufacturing industry has been moving to flexible packaging, as it is lightweight and helps to sell products in different quantities without making much difference in packaging price, as in the case of metal or glass packaging. This has led to vigorous growth in the demand for flexible packaging, further creating a noticeable need for adhesives in packaging applications. Automotive and construction activities are rising in the region, with the lockdown measure being eased up. The area has always been at the forefront of infrastructure development. It is expected to witness growth in funding for construction activities in the forecast period hence driving the global market. The major factors driving the market's growth include advantages such as lightweight, even load distribution, resistance against moisture, UV light, smoke, and other environmental changes. The market is also driven by the development of lightweight and energy-efficient vehicles in the automotive industry. Adhesives and sealants are used throughout an airplane's inside, outside, and motor compartments. Acrylics, epoxies, and cyanoacrylates are viewed as aerospace adhesives. Adhesives are liked in the insides, outsides, and motor compartments of airplanes, due to their benefits over different sorts of adhesives. Adhesives convey higher weight stacks and work on uniform anxiety circulation across joints. Adhesives also keep up with the honesty and strength of materials, as there is no opening, bolt, or securing a component to debilitate the construction. These elements are anticipated to fuel the worldwide interest in adhesives and sealants during the forecasted period.

In 2019, the global adhesive and sealants market was fragmented, with major players accounting for a minor share of the overall market. Major global adhesives and sealants markets include Henkel AG & Co. KGaA, HB Fuller Company, 3M, Sika AG, Arkema Group, and RPM International Inc., among others.

In May 2020, Henkel AG & Co. KGaA started to provide adhesive solutions responding to the needs of the pandemic. The adhesive solutions by the company are being used in medical face masks, respiratory protective devices, isolation gowns, surgical drapes, etc.

Our Global Adhesives and Sealants Market report provides deep insight into the current and future state of the adhesives and sealants market across various regions. The study comprehensively analyzes the adhesives and sealants market by segmenting based on geography, adhesive technology (Water-borne, Solvent-borne, Reactive, Hot Melt & Others), sealants product type (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate & Others), end-user (Building & Construction, Paperboard & Packaging, Transportation, Woodworking & Joinery, Footwear & Leather and Others). The report examines the market drivers and restraints along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market size, trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.