Analysis of Adhesives and Sealants Market

Reportlinker.com announces that a new market research report is available in its catalogue: Adhesives & Sealants/Joining and Fastening

http://www.reportlinker.com/p096583/Adhesives--Sealants/Joining-and-Fastening.html

The global market for adhesives and sealants by product type was valued at $39.1 billion in 2009. This market is expected to reach $40.8 billion in 2010 and $52.1 billion in 2015, a compound annual growth rate (CAGR) of 5%.

Medical applications are expected to exhibit faster growth than other applications. This segment was worth an estimated $1 billion in 2010 and is expected to reach nearly 1.3 billion in 2015, a compound annual growth rate (CAGR) of 5.1%.

The construction segment will grow at a 4.9% compound annual growth rate (CAGR) over the 5-year forecast period. This segment was worth $4.8 billion in 2010 and is expected to reach a value of $6.2 billion in 2015.

INTRODUCTION

Adhesives are substances capable of holding materials together in a useful manner by surface attachment. The principal attribute of adhesives is their ability to form strong bonds with the surfaces of a wide range of materials and to retain bond strength under expected use conditions. Most adhesives do not have excellent bulk properties; therefore, it is important to keep adhesive films thin. Some materials, such as epoxies, have bulk properties that qualify them as engineering materials and thus can be used in multifunctional applications. Adhesive is a general term and includes among others cement, glue, mucilage, and paste. All of these terms are loosely used interchangeably.

The principal advantages of adhesives are listed below:

  • Ability to bond similar to dissimilar materials of different thickness
  • Enable the fabrication of complex shapes not feasible by other fastening means
  • Smooth external joint surfaces
  • Permit economic and rapid assembly
  • Distribute stresses uniformly cover joined interfaces
  • Provide weight reduction in critical structures via the elimination of fasteners
  • Dampen vibrations
  • Prevent or reduce galvanic corrosion
  • Provide thermal and electrical insulation

The limitations of adhesives depend on the specific adhesive and application and may include the necessity of surface preparation, long curing times, service-temperature limitations, loss of properties during service, toxicity of flammability during assembly or use, and the tendency of many adhesives to creep under sustained load.

A sealant is a soft, pliable material that is used to seal cracks of joints where structural strength is not required. The sealant, initially fluid or semifluid, placed between two opposing solid materials, becomes solid itself (by solvent evaporation or chemical reaction), bonds to the surfaces it is applied to and accommodates joint movement. It prevents excessive absorption of adhesive or penetration of liquid or gaseous substances. A sealant has the adhesive and cohesive properties to form a seal and is used to create an impenetrable barrier to gas or moisture.

STUDY GOALS AND OBJECTIVES

This report studies the global as well as regional markets for adhesives and sealants, with the purpose of locating newer markets and expanding the present market position for various types of adhesives and sealants. A realistic forecast has been made for the future market for various types of adhesives and sealants.

The various technologies involved in the manufacture of different types of adhesives and sealants are studied, including the value of such products produced and utilized globally as well as in different regions during the last 3 years and the forecast for the next 5 years. The applications for each type of adhesive and sealant is looked into in detail with a view to establish the global as well as regional usage of different types of adhesives and sealants in various applications, and a future forecast has been made for such applications.

A broad look is taken into the increasing utilization of adhesives in place of various types of fasteners and different methods of joining in an ever-increasing number of applications and the impact of such newer methods on the economy as a whole. The environmental impact of utilization of various types of adhesives and sealants is also studied. The report studies the raw material requirement for global as well as regional production of adhesives and sealants and the effect of raw material supply over the production, pricing, and distribution of these products. Various types of new raw materials, which are being used with increasing newer applications, have also been studied. Various manufacturers of different raw materials needed for the production of adhesives and sealants and the market shares of such manufacturers and suppliers are also discussed.

The report also studies the product life style and technology life style (TLC) of various types of adhesives and sealants and methods employed by various manufacturers and users in maintaining ecological balance. Various types of new adhesives and sealants recently developed, such as nanoglues, which are becoming more popular in various applications are also studied. Finally, the report profiles various major manufacturers and suppliers of adhesives and sealants, and the various mergers and acquisitions in this field have been studied

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