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Latin America Sealants And Adhesives Market Size, Share, Price Report 2019-2024

  • Writer: Matt Johnson
    Matt Johnson
  • Oct 25, 2019
  • 4 min read

The LATAM sealants and adhesives market attained nearly USD 1.7 billion in 2018. The LATAM sealants and adhesives market is expected to be aided by the steady growth of the global market. The global sealants and adhesives industry is expected to witness a steady increase in the forecast period of 2019-2024, growing at a CAGR of 3.7%. By 2024, it is projected to reach USD 72 billion.



Competitive Landscape & Supplier Analysis:


1. Henkel AG & Company, KGaA (OTCMKTS: HENKY) 2. H.B. Fuller Company (NYSE: FUL) 3. Arkema Inc.(OTCMKTS: ARKAY) 4. Sika AG 5. Wacker Chemie AG 6. Evonik Chemicals Limited 7. Poliplás Selantes e Adesivo Ltda 8. Cabot Corporation 9. Saint-Gobain S.A 10. Others


Globally, packaging, construction, and automotive industries are some of the major end-use sectors for both sealants and adhesives. The rising global population and various government-funded infrastructure projects to meet the needs of the growing urban population are propelling the industry forward. The global construction output is projected to witness a growth of almost 85% from the current production in 2030. By 2030, it is expected to be worth USD 15.5 trillion. This robust rise in the construction industry will aid the growth of the sealants and adhesives industry in the forecast period. The packaging industry, meanwhile, is also witnessing a healthy growth globally due to the rise of e-marketing portals and the increasing consumption of packaged foods. The global adhesives and sealants industries are also finding impetus in the rising demand for lightweight vehicle amidst increasing environmental concerns. The rising preference for lightweight vehicles is especially driving segments like silicone sealants and water-based adhesives as they contribute to lower vehicle weight and the reduction of greenhouse gases production.



Brazil dominates the LATAM sealants and adhesives market. It accounts for over half the regional industry. The country is followed by Colombia and Argentina who also account for significant shares in the regional industry. The industry in LATAM is being aided by the healthy growth of its automobile industry. Brazil is a leading car market in LATAM, accounting for nearly half the vehicle sales in the region. In 2017, the vehicle registrations in the country witnessed an increase of 9.2% as compared to the previous year, with nearly 2.17 million new vehicles being registered in the year. Its emerging electric vehicles industry might act as a catalyst for the sealants and adhesives industry in the country in the coming five years.


1 Preface 2 Research Methodology 3 Executive Summary 3.1 Market Overview 3.2 Key Demand Drivers 3.3 Key Players 3.4 Supply Market Changes 4 Global Sealants and Adhesives Market Outlook 5 Global Sealants and Adhesives Market 5.1 Global Sealants and Adhesives Market Analysis 5.1.1 Figure: Global Sealants and Adhesives Historical Market (2014-2018) & Forecast (2019-2024) 5.1.2 Chart: Global Sealants and Adhesives Market Breakup 5.1.2.1 Sealants 5.1.2.2 Adhesives 5.1.3 Chart: Global Sealants and Adhesives Market Breakup by Region 5.1.3.1 North America 5.1.3.2 Europe 5.1.3.3 Asia Pacific 5.1.3.4 LATAM 5.1.3.5 Middle East and Africa 6 LATAM Sealants and Adhesives Market 6.1 LATAM Sealants and Adhesives Market Analysis 6.1.1 Figure: LATAM Sealants and Adhesives Historical Market (2014-2018) & Forecast (2019-2024) 6.1.2 Chart: LATAM Sealants and Adhesives Market Breakup 6.1.2.1 Sealants 6.1.2.2 Adhesives 6.1.3 Figure: LATAM Sealants and Adhesives Market Breakup: Historical Market (2014-2018) & Forecast (2019-2024) 6.1.3.1 Sealants 6.1.3.2 Adhesives 6.1.4 Chart: LATAM Sealants and Adhesives Market Breakup by Country 6.1.4.1 Brazil 6.1.4.2 Argentina 6.1.4.3 Colombia 6.1.4.4 Mexico 6.1.4.5 Others 6.1.5 Figure: LATAM Sealants and Adhesives Market Breakup by Country Historical Market (2014-2018) & Forecast (2019-2024) 6.1.5.1 Brazil 6.1.5.2 Argentina 6.1.5.3 Colombia 6.1.5.4 Mexico 6.1.5.5 Others 6.2 LATAM Adhesives Market Analysis 6.2.1 Figure: LATAM Adhesives Historical Market (2014-2018) & Forecast (2019-2024) 6.2.2 Chart: LATAM Adhesives Market Breakup by Product Type 6.2.2.1 Reactive Systems 6.2.2.1.1 Epoxy 6.2.2.1.2 Polyurethane 6.2.2.1.3 Others 6.2.2.2 Solvent Based 6.2.2.2.1 Vinyl Acetate 6.2.2.2.2 PVA (Polyvinyl Acetate) 6.2.2.2.3 Rubber 6.2.2.2.4 Others 6.2.2.3 Pressure Sensitive 6.2.2.3.1 Acryl 6.2.2.3.2 Rubber 6.2.2.3.3 Others 6.2.2.4 Water Based 6.2.2.4.1 Acryl Emulsion 6.2.2.4.2 Vinyl Acetate 6.2.2.4.3 Others 6.2.2.5 Hot Melt 6.2.2.5.1 EVA (Ethylene Vinyl Acetate) 6.2.2.5.2 Rubber 6.2.2.5.3 Others 6.2.2.6 Others 6.2.3 Chart: LATAM Adhesives Market Breakup by End-Use Industries: Historical Market (2014-2018) & Forecast (2019-2024) 6.2.3.1 Paper, Board and Related products 6.2.3.2 Building, Construction, Civil Engineering, Craftsmen 6.2.3.3 Woodworking and Joinery 6.2.3.4 Transportation 6.2.3.5 Footwear and Leather 6.2.3.6 Consumer/DIY 6.2.3.7 Assembly Operations 6.2.3.8 Others


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