According to the South Coast Air Quality Management District, Rule 1168 was adopted in April 1989 to reduce VOC emissions from adhesive and sealant applications. The rule has been amended 14 times, the last amendment was in October 2017 and included VOC limit reductions for 18 categories and new reporting requirements. The rule applies to products used during manufacturing and to products used by consumers that are not regulated by the California Air Resources Board (CARB) Consumer Products Regulation.
According to the report, Rising Demand of Green, Non-Hazardous, and Sustainable Adhesives is one of the primary growth factors for the market. Increasing Demand for Low Carbon-Emitting and Lightweight Vehicles
is also expected to contribute significantly to the Adhesives and Sealants market. Overall, Paperboard & Packaging
applications of Adhesives and Sealants, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Adhesives, such as Water-Based [Vinyl Acetate, Vinyl Acetate Copolymer, Acryl Emulsion, Others], is boosting the Adhesives and Sealants market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sealants, such as Acrylic Sealant, is boosting the Adhesives and Sealants market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sealants Applications , such as Building & Construction, is boosting the Adhesives and Sealants market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Adhesive Application , such as Paper & Packaging, is boosting the Adhesives and Sealants market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sealants Resin, such as Silicone, is boosting the Adhesives and Sealants market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Adhesives and Sealants market identified that the demand is rising in many different parts of the world as "Increasing Demand from the Developing Economies
". Furthermore, some recent industry insights like "In July 2019, H. B. Fuller a leading adhesives manufacturing company launched a new non-water whitening adhesive for a no-label look, Fulltak SE 8116. It offers superior non-water whitening performance and excellent film clarity." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Adhesives and Sealants market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Adhesives and Sealants market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.