Adhesives had a total global market value of approximately 43.75 billion U.S. dollars in 2020, while sealants had a market value of just over ten billion U.S. dollars that year. By 2027, it is expected that the market value of adhesives will increase to nearly 65 billion U.S. dollars and sealants will amount to just over 15 billion U.S. dollars.
This market growth is anticipated due to advancements in technology and the increasing demand for bio-based adhesives and sealants.
Market value of adhesives and sealants worldwide in 2020 and 2027
(in billion U.S. dollars)
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Global Market Insights. (February 28, 2021). Market value of adhesives and sealants worldwide in 2020 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/
Global Market Insights. "Market value of adhesives and sealants worldwide in 2020 and 2027 (in billion U.S. dollars)." Chart. February 28, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/
Global Market Insights. (2021). Market value of adhesives and sealants worldwide in 2020 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/
Global Market Insights. "Market Value of Adhesives and Sealants Worldwide in 2020 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2021, https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/
Global Market Insights, Market value of adhesives and sealants worldwide in 2020 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/ (last visited November 22, 2024)
Market value of adhesives and sealants worldwide in 2020 and 2027 (in billion U.S. dollars) [Graph], Global Market Insights, February 28, 2021. [Online]. Available: https://www.statista.com/statistics/1076979/global-market-value-adhesives-and-sealants/
