Adhesive and Sealants Market is Expected to Witness High Demand From Construction and Automotive Industry

LOS ANGELES, Feb. 14, 2020 /PRNewswire/ -- The global adhesive and sealants market size is expected to reach USD 83 billion by 2026 growing at a CAGR of 5% over the forecast period 2018 to 2026.Adhesives can be defined as substances that have properties that are capable to join surface permanently. This process involves two dissimilar bodies that are held in intimate contact such that mechanical force or work can be transferred across the interface. Adhesive, also known as glue, cement, mucilage, or paste, is any non metallic substance applied to one surface, or both surfaces, of two separate items that binds them together and resists their separation. The main difference between adhesives and sealants is due to their properties such as sealants have low strength and high elongation as compared to adhesives. The main objective of a sealant is to seal the assembly joints. Sealants generally contain inert filler material and are usually formulated with an elastomer to give the required flexibility and elongation. Get Free Sample Report Pages for Better Understanding@ the rising construction and reconstruction activities across the globe and flourishing automotive sector there is a constant increase in demand for high quality bonding material that is able to withstand high temperature and harsh environmental conditions are some factors providing a growth prospective to the adhesives and sealant market. In addition, high demand for bonding material from furniture and footwear industry is expected support the growth. Moreover, presence of large number of players and inclination towards increase the business presence is resulting in approach towards strategic merger and acquisition which is expected to increase their customer base and enhance product portfolio is another factor support the growth of the global market.
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