The global Waterproof Adhesives and Sealants Market is projected to be USD 24.75 Billion by 2020, registering a CAGR of 5.95% between 2015 and 2020.
Browse 117 tables and 39 figures spread through 145 Pages and
in-depth TOC on "Waterproof Adhesives and Sealants Market”.
This growth is fueled by the growing technological
advancement, increasing demand in application areas such as building &
construction, transportation, electronics & electrical, packaging, and
medical devices, rising development strategies in developing economies, and
increasing expansion and acquisition activities.
Major
manufacturers such as the 3M Company (U.S.), Huntsman Corporation (U.S.),
Bostik S.A. (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG &
Company (Germany), Mapei (Italy), and Sika AG (Switzerland) among others are
profiled in this report. These companies have adopted both organic and
inorganic growth strategies such as acquisitions and new product launches.
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Sika
AG and Henkel AG & Company are the most active players in the waterproof
adhesives and sealants market. Sika AG accounted for a share of 57.14% each in
total developments, followed by Bostik S.A. and Henkel AG & Company with a
share of 14% each during the forecast period. These companies witnessed the
highest strategy adoptions amongst other players in the global waterproof
adhesives and sealants market.
Sika
AG is the most active player in the waterproof adhesives and sealants market.
It accounted for the largest share of all the development activities undertaken
in the waterproof adhesives and sealants market. The company follows dynamic
growth strategies with new product launches and acquisitions as the key growth
strategies to enhance its presence in Asia-Pacific and North America.
Another
company that has established a strong foothold in the waterproof adhesives and
sealants market is Bostik SA (France). Bostik SA is focused on inorganic growth
strategy and has enhanced its product portfolio with acquisition to meet the
growing demand of its potential customers. In July 2012, the company acquired
Usina Fortaleza (Brazil), a tile adhesive manufacturer for construction
industries, which helped Bostik SA to expand its business in the RoW region.
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