• The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.”

    According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold.

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715

    Segments

    Water-based Adhesives to Gain Ground with Soaring Demand from Packaging

    With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors.

    Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties

    In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally.

    Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food

    On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food.

    Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring

    With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring.

    Report Coverage

    The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

    Drivers and Restraints

    Burgeoning Urbanization and Rising R&D Activities to Drive Innovations

    The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.

    Regional Insights

    Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector

    Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape.

    North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint.

    Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth. Regional Insights Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape. North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint. Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Adhesives and Sealants Market Share | Global Trends [2029]
    The global adhesives and sealants market is projected to grow from $65.38 billion in 2022 to $92.29 billion by 2029, at a CAGR of 5.0% in forecast period
    0 Comments 0 Shares
  • The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.”

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715

    According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold.

    Segments

    Water-based Adhesives to Gain Ground with Soaring Demand from Packaging

    With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors.

    Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties

    In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally.

    Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food

    On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food.

    Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring

    With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring.

    Report Coverage

    The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

    Drivers and Restraints

    Burgeoning Urbanization and Rising R&D Activities to Drive Innovations

    The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.

    Regional Insights

    Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector

    Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape.

    North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint.

    Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth. Regional Insights Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape. North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint. Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Adhesives and Sealants Market Share | Global Trends [2029]
    The global adhesives and sealants market is projected to grow from $65.38 billion in 2022 to $92.29 billion by 2029, at a CAGR of 5.0% in forecast period
    0 Comments 0 Shares
  • The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™.

    Information Source

    https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423

    The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026.

    The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and region is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website.


    Drivers –

    Rising Focus on Enhancing the Operability of Ship Engines will Drive Market

    The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus.

    Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”
    The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. Information Source https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423 The title of the report is, “Marine Lubricants Market Size, Share & Industry Analysis, By Product (Marine Cylinder Oil, Piston Engine Oil, System Oil, and Others; By Ship Type (Bulk Carrier, Oil Tankers, General Cargo, Container Ships, Others), and Regional Forecast, 2019-2026.” As per this report, the market value was USD 8.01 billion in 2018 and will rise at a CAGR of 2.13% during the forecast period, 2019 to 2026. The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and region is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website. Drivers – Rising Focus on Enhancing the Operability of Ship Engines will Drive Market The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus. Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Marine Lubricants Market Size, Industry Share, Forecast, Report, 2032
    The global marine lubricants market size was valued at USD 8.01 billion in 2018, and it is estimated to reach USD 9.47 billion by 2026, with a CAGR of 2.13% over the forecast period.
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  • The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.”

    Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715

    According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold.

    Segments

    Water-based Adhesives to Gain Ground with Soaring Demand from Packaging

    With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors.

    Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties

    In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally.

    Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food

    On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food.

    Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring

    With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring.

    Report Coverage

    The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

    Drivers and Restraints

    Burgeoning Urbanization and Rising R&D Activities to Drive Innovations

    The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.

    Regional Insights

    Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector

    Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape.

    North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint.

    Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth. Regional Insights Asia Pacific to Gain Ground with Bullish Investments in Automotive Sector Stakeholders expect the Asia Pacific market growth to be strong on the back of rising demand from the packaging, building & construction, and automotive industries. The burgeoning population had a notable influence on the demand for automobiles, auguring well for regional growth. Besides, the presence of leading companies, such as Sika Ltd. and 3M Japan Limited, will solidify the position of Asia Pacific in the global landscape. North American adhesives and sealants market growth will be pronounced with a notable trend for flexible packaging. Moreover, a notable shift toward recyclable products across the U.S. and Canada will bode well for major companies gearing to propel their regional footprint. Stakeholders expect Europe to witness investment galore due to the presence of leading companies across the region. Some of the major players in the adhesive market, including Wacker Chemie AG, Arkema, and Henkel could lead from the front in the regional market. Besides, soaring demand for green adhesives will also augur well for the regional outlook.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Adhesives and Sealants Market Share | Global Trends [2029]
    The global adhesives and sealants market is projected to grow from $65.38 billion in 2022 to $92.29 billion by 2029, at a CAGR of 5.0% in forecast period
    0 Comments 0 Shares
  • The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™.

    Information Source

    https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423

    The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website.



    Drivers –

    Rising Focus on Enhancing the Operability of Ship Engines will Drive Market

    The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus.

    Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.”

    Regional Analysis –

    Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market

    Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period.

    On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future.
    The global marine lubricants market size is anticipated to reach USD 9.47 billion by 2026 owing to the increasing need to protect engines from corrosion. This information is provided by a published report by Fortune Business Insights™. Information Source https://www.fortunebusinessinsights.com/industry-reports/marine-lubricants-market-100423 The report provides a 360-degree overview of the market, focusing on major growth parameters such as drivers, restraints, challenges, trends, and opportunities. It also offers the competitive landscape of the market and list of leading players. Segmentation of the market based on factors such as product, ship type, and regions is discussed in the report. Apart from this, key industry developments and other interesting insights are provided in the marine lube market report. The report is available for sale on the company website. Drivers – Rising Focus on Enhancing the Operability of Ship Engines will Drive Market The rise in fuel prices has propelled shipping companies to operate engines at maximum levels by slow steaming and save fuel. However, marine engines are incapable of operating at reduced rates continuously and this raises the possibility of corrosion in the engine and its associated strained components. For ensuring proper and safe functioning of engines, marine lubricants are a necessity. The above factor stands as a major driver for the marine lubricants market growth. Additionally, the rise in trade relations between nations and the expansion of e-commerce overseas are also helping the market gain impetus. Furthermore, analysts at Fortune Business Insights™ say “Focus on keeping machines and marine vessels free from corrosion will help the market gain traction in the forecast period. This, coupled with the advent of bio-based lubricants in the market, will create lucrative growth opportunities for the market in the long run.” Regional Analysis – Increasing Trade Relations between Developing Nations to Help Asia Pacific Continue Dominance in Market Asia Pacific holds the majority portion of the marine lubricants market share on account of the presence of large ship fleet companies in the region. These include China Shipping Container Lines, China Ocean Shipping Company, Mitsui O.S.K. Lines, among others. As per the report by The United Nations Conference on Trade and Development (UNCTAD), around 50% of the ships across the world are owned by Asia Pacific Nations. Additionally, the presence of dry docks in this region is high and this also adds to the regional market growth. Furthermore, increasing trade relations between emerging nations such as Taiwan, China, and India, coupled with the rise in the number of naval vessels, will help augment the regional market in the forecast period. On the other side, the market in North America held a single-digit share earning revenue of USD 3.41 Billion in 2018. This was due to the presence of a few ship owners in the region. However, with a steady increase in trade, this region will witness moderate growth in the foreseeable future.
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    Marine Lubricants Market Size, Industry Share, Forecast, Report, 2032
    The global marine lubricants market size was valued at USD 8.01 billion in 2018, and it is estimated to reach USD 9.47 billion by 2026, with a CAGR of 2.13% over the forecast period.
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