Latin America Adhesives and Sealants Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Growing demand from key end-use applications in construction such as water proofing systems and cement is expected to boost the demand in Latin America. These industrial sectors are witnessing rapid growth in Brazil, Chile, Peru, Argentina, Colombia and other regions, thus fuelling the demand for adhesives and sealants. However, growing environmental concerns and volatile raw material prices of crude oil are expected to hinder the market growth. Bio-based adhesives and sealants are expected to catch up in the near future owing to their eco friendly characteristics.
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This report gives a detailed description of the Latin American adhesives and sealants market in based on volume share (kilo tons) and revenue (USD million) for the period 2013 to 2020. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2014-2020 for both adhesives and sealants have been given separately, for better understanding of the individual market scenario. The adhesives and sealants market is described with respect to their various segments along with the opportunities that are expected in the coming six years.
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For geographic analysis, the Latin American market has been segmented into countries such as Brazil, Mexico, Argentina, Colombia and Rest of Latin America - The adhesives market has been segmented based on the following product types - PVA (polyvinyl acetate), polyurethanes, Acrylic, epoxy and others. Similarly, the sealants market has been segmented on the basis of product types comprising silicones, epoxy, acrylic, SBR and others. The study also analyses market attractiveness for all product segments of adhesives and sealants with the help of the market attractiveness tool. The study segments the market on an application basis, provides forecasts and estimates for each application segment in terms of revenue and volume over the forecast period from 2014 to 2020.
For a more comprehensive view of the market, a value chain analysis and Porter’s five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also include detailed profiles of key players such as 3M Company, Henkel AG, BASF SA, The Dow Chemical Company, Avery Dennison and Ellsworth Adhesives among others. The detailed description of players includes parameter such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company.
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The market estimates and forecast for adhesives are only for formulated adhesives. We have excluded starch corrugated board adhesives, which is a bio-based application while estimating the market in Latin America for adhesives. We have used the top-down approach to estimate the Latin American adhesives and sealants for building and construction market split by countries. The applications and product segments in the market have been derived using a bottom-up approach for each regional market separately, with the global application and product split being an integration of regional estimatesInflation has not been accounted for in our market estimates.
For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed the key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.
The report segments the Latin America Adhesives market as,
Adhesives Market - Product Segment Analysis
- Polyvinyl acetate (PVA)
- Others (Including silicones, polyisobutylene, etc.)
Adhesives Market - Application Analysis
- Water Proofing Systems
Adhesives Market: Regional Analysis
- Rest of Latin America
The report segments the Latin America sealants market as,
Sealants Market - Product Segment Analysis
- Styrene butadiene rubber (SBR)
- Others (Including polysulphide, EVA, etc.)
Sealants Market - Application Analysis
- Water Proofing Systems
Sealants Market - Regional Analysis
- Rest of Latin America
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