GLOBAL ADHESIVES AND SEALANTS MARKET - Industry Trends, Outlook, Regulatory Bodies & Regulations and Key Market Players © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Global Adhesives and Sealants Market Overview Adhesive is a material used to bind two surfaces together, while sealants are materials with adhesive properties that are used to seal, fill, waterproof, gaps, and joints between two surfaces. Moreover, due to high tensile and shear strength adhesive are classified into two categories such as structural adhesive and nonstructural adhesive. The chemicals formulation and technology involves in adhesive and sealants are similar. Water-based adhesive is expected to dominate the global adhesive market during the forecast period. Moreover, the silicon based sealants is also projected to be dominant segment in the market. Adhesives and sealants are expected to witness significant growth over the forecast period in the construction, packaging, and automobiles industries. Adhesives and Sealants Market Taxonomy On the basis of product type, the global adhesives market is classified into:  Solvent based  Water based  Hot melt  Reactive  Others © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Global Adhesives and Sealants Market Taxonomy On the basis of product type, the global sealants market is classified into:  Acrylic sealant  Polyurethane sealant  Silicon sealant  Butyl sealant  Others  On the basis of application, the global adhesives and sealant market is classified into:  Packaging  Buildings and construction  Wood works  Footwear  Medical Request Sample of Global Adhesives and Sealants Market: https://www.coherentmarketinsights.com/insight/request-sample/253 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Adhesives and Sealants Market – Regulatory Scenario:  United States Environmental Protection Agency (EPA), September, 2008, published Control Technique Guideline (CTG) for industrial adhesives with requirement on Volatile Organic Compound (VOC) content of adhesive application method at facility to have VOC emission of 15 lb/day or more.   United States Environmental Protection Agency (EPA), September 20, 2011, enforced regulation on use of adhesive and sealants which contains chloroform, ethylene dichloride, methylene chloride, perchloroethylene or trichloroethylene.   United States Environmental Protection Agency (EPA), January 01, 1993, banned on use of Adhesives, Sealants, Adhesive Bonding Primers, Adhesive Primers, Sealant Primers, or any other Primer which have a VOC content in excess of 250 g/L less water and less Exempt Compounds. Request to view the table of Content: https://www.coherentmarketinsights.com/ongoing-insight/toc/253 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Adhesives and Sealants Market Outlook – Surging demand in Automobile and Construction Industry Augmenting Market Growth Asia Pacific is expected to be one the major revenue contributor due to its emerging economy and supportive government policies in the region. For instance, Make in India initiative by Government of India aims to raise the country’s passenger vehicle manufacturing to 9.4 million by 2026. Moreover, due to rampant economic growth in Asia Pacific and rapid urbanization, especially in India and China, the demand for adhesive and sealants is expected to witness tremendous growth over the forecast period from various end-use industries that are witnessing burgeoning growth. Demand for modern buildings and commercial complex with glass exteriors and interiors is increasing and in turn is expected to drive growth of the global adhesive and sealants market during the forecast period. Adhesives and Sealants Market Challenges – Environmental Impact Carbon dioxide (CO2) and Volatile Organic Compound emission are major environmental issues. Adhesive and sealants such as silver epoxy-based Electronic Conductive Adhesive (ECA) release CO2. Moreover, due to stringent government regulation on release of VOC emission to the atmosphere, end-use industries are actively opting for alternative to organic solvents and dispersing media. For instance, SIKA AG introduced newgeneration adhesive SikaBond AT-75 for wood floor bonding, meeting highest EHS regulation. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Adhesives and Sealants Market – Regulatory Scenario:  United States Environmental Protection Agency (EPA), September, 2008, published Control Technique Guideline (CTG) for industrial adhesives with requirement on Volatile Organic Compound (VOC) content of adhesive application method at facility to have VOC emission of 15 lb/day or more.   United States Environmental Protection Agency (EPA), September 20, 2011, enforced regulation on use of adhesive and sealants which contains chloroform, ethylene dichloride, methylene chloride, perchloroethylene or trichloroethylene.   United States Environmental Protection Agency (EPA), January 01, 1993, banned on use of Adhesives, Sealants, Adhesive Bonding Primers, Adhesive Primers, Sealant Primers, or any other Primer which have a VOC content in excess of 250 g/L less water and less Exempt Compounds. 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