GITNUX MARKETDATA REPORT 2024

Adhesives And Sealants Industry Statistics

Provide an overview of key trends and metrics within the adhesives and sealants industry based on up-to-date statistical data.

Statistic 1

"Solvent-based adhesives held a market share of 31.6% in 2019."

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Statistic 2

"The global adhesives and sealants market size was valued at $52.5 billion in 2019."

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Statistic 3

"The use of adhesives and sealants results in weight savings of up to 15-20% in the automotive industry."

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Statistic 4

"Asia-Pacific dominates the adhesives and sealants market with over 40% market share."

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Statistic 5

"The automotive and transportation segment is expected to witness the highest growth rate of over 6% during the forecast period."

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Statistic 6

"Polyurethane adhesives are projected to grow at a CAGR of 6.5% during the forecast period."

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Statistic 7

"Pressure-sensitive adhesives were valued at $8.3 billion in 2019."

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Statistic 8

"The global sealants market size was valued at $12.8 billion in 2019."

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Statistic 9

"In Europe, Germany is the largest market for adhesives and sealants, contributing over 30% to the regional demand."

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Statistic 10

"The North American adhesives and sealants market was valued at $10.8 billion in 2019."

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Statistic 11

"The rise in demand for lightweight vehicles is propelling the growth of adhesives in the automotive sector."

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Statistic 12

"The market is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027."

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Statistic 13

"Water-based adhesives accounted for the largest market share of 49.1% in 2019."

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Statistic 14

"Hot-melt adhesives are expected to grow at a CAGR of 6.3% from 2020 to 2027."

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Statistic 15

"A significant driving factor for the adhesives market is its application in the aerospace industry."

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Statistic 16

"Medical adhesives and sealants market is poised to grow at a CAGR of 8.7% through 2025."

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Statistic 17

"By the end of 2027, the global market for adhesives and sealants is expected to reach $79.7 billion."

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Statistic 18

"The packaging industry was the largest end-use segment for adhesives, holding a market share of 25.6% in 2019."

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Statistic 19

"Europe’s adhesives market is expected to grow at a CAGR of 4.1% from 2020 to 2027."

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Statistic 20

"The construction sector accounts for 14% of the adhesives and sealants market."

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