Adhesives and Sealants Market to Grow with 5% CAGR Through 2030, says P&S Intelligence

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/adhesives-sealants-market/report-sample Get the sample pages of this report at:https://www.psmarketresearch.com/market-analysis/adhesives-sealants-market/report-sample Key Findings of Adhesives and Sealants Market Report A significant trend in the adhesives and sealants market is the growing penetration of electric vehicles around the globe. As per the International Energy Agency, new...

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/adhesives-sealants-market/report-sample

Key Findings of Adhesives and Sealants Market Report

A significant trend in the adhesives and sealants market is the growing penetration of electric vehicles around the globe. As per the International Energy Agency, new registrations of electric cars reached 3 million in 2020. Furthermore, the global electric car stock hit the 10-million mark in 2020. With the rising need to reduce the vehicle weight further, traditional fasteners, such as nuts and bolts, are being replaced with adhesives & sealants.

Browse detailed report on Global Adhesives and Sealants Market Size, Industry Shares, Global Growth and Analysis 2022 To 2030

The major players are progressively engaging in partnerships and launching new products to consolidate their position.  For example, in September 2021, Henkel AG & Co. KGaA and Pregis LLC publicized a partnership to develop advanced protective packaging, to achieve environmental goals. Other key players are The Dow Chemical Company, PPG Industries Inc., Sika AG, 3M Company, Arkema Group (Bostik SA), H.B. Fuller Company, and Avery Dennison Corporation.

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