Adhesives are substances applied to one surface or both surfaces of two separate items that binds them together and resists their separation. The term ‘adhesives’ is used interchangeably with glue, cement, mucilage, or paste.
The top five companies covered are 3M, Henkel, Sika AG, Dow Chemical Co., and BASF. 3M was the largest company in the adhesives market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global adhesives market was valued at around $65 billion in 2017. Asia Pacific was the largest region in the adhesives market in 2017, accounting for nearly 45% market share. China was the largest country in 2017, accounting for nearly 25% market share.
Adhesives companies are developing new adhesives to cater to the needs of various industries. The various types of adhesives being developed are pressure-sensitive adhesives, pre-cut layered adhesive films and stick-to-skin adhesives. Pressure-sensitive adhesives are used in HVAC (heating, ventilation and air conditioning) duct work, automotive assembly and sound/vibration damping films. Pre-cut layered adhesive films that address vibration and noise concerns save time in assembly. Stick-to-skin adhesives are used in monitoring and drug delivery devices.
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