New York, NY -- (SBWire) -- 05/10/2019 --Growing demand for light weight vehicles is the prime factor driving the market growth. Moreover, growing construction industry is another factor driving the market growth. However, due to volatility in the prices of crude oil and stringent regulation reading emission of volatile organic compounds (VOC) are the factors hampering the market growth.
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Stringent Government Guidelines & Fluctuating Prices of Raw Materials
Stringent government guidelines are formulated on the usage of adhesives and sealants. These laws are in effect owing to presence of volatile organic compounds (VOCs) in adhesive and sealant products. These regulations has set limits for VOC emissions for variety of products, thus are hampering the market growth. Moreover, adhesives and sealants manufacturers are sensitive to crude oil prices owing to most of the raw materials are sourced from crude oil. Any fluctuation in the prices of raw materials will impact the pricing of the final product. Recently owing to supply and demand imbalance of crude oil affected the profit margins of the market players. This is in turn is impacting negatively towards the growth of the adhesives and sealants market.
Key Players
The adhesives and sealants market is highly characterize by mergers and acquisition strategy. The top five players account for one third share of the market, whereas the remaining market is highly fragmented, comprising more than 100 companies. Consolidation is projected to continue for over next seven years. Expansion is another strategy adopted by market players to enhance their market position. Henkel, Sika, Arkema (Bostik), H.B. Fuller, Huntsman International LLC, Ashland Inc., Akzo Nobel N.V. and 3M Company are some of the leading players present in this market.
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Table of Contents
1. INTRODUCTION
1.1. Market Definition
1.2. Market Ecosystem
1.2.1. Market Classification
1.2.2. Geographic Scope
1.2.3. Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
1.3. Currency Used for the Study
2. RESEARCH METHODOLOGY
2.1. Research Framework
2.2. Data Collection Technique
2.3. Data Sources
2.3.1. Secondary Sources
2.3.2. Primary Sources
2.4. Market Estimation Methodology
2.4.1. Bottoms Up Approach
2.4.2. Top Down Approach
2.5. Data Validation and Triangulation
2.5.1. Market Forecasting Model
2.5.2. Assumptions/Limitations of the Study
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
4.1. Overview
4.2. Drivers
4.3. Barriers/Challenges
4.4. Opportunities
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Aadhesives-Sealants Market 2019-2030 Latest Trends, Growth Analysis, Key Players
The latest research, Adhesives Sealants market allows companies and individuals learn more about the yesteryear, present and potential buyers in the Adhesives Sealants market for the forecast period, 2019 to 2030.