Australia adhesive market is anticipated to grow with a CAGR of 5.53% during the forecast period, 2023-2027, to achieve the market value of USD796.53 million by 2027. The Australia sealant market is expected to achieve USD196.47 million by 2027, with a growing CAGR of 5.11% during the forecast period, 2023-2027.
Australia's adhesive & sealant market is expected to see massive growth due to the rapid industrialization in the automotive sector. Australia adhesive & sealants market has been tremendously growing due to their unique feature that helps in assisting the weight reduction of the automotive-like automobiles & aircraft, and factors that promote sustainable development scenario like environmental benefits of the technologically advanced adhesives & sealants are also driving the growth of Australia adhesives & sealants market in the upcoming five years. Industry players have effectively successfully brought up the advancement in reactive technology-based products, which is also harboring the market's growth. In the next five years, rising demand for advanced designs while reducing production costs to support competitive retail pricing will further help in the expansion of the Australian adhesives and sealants industry.
Growing Packaging, Furniture and Construction Industry Driving Market Growth
The market is expected to grow due to the adhesive demand of the furniture, packaging, and paper industries and the growing demand for sealants from the country's building and construction industry. Furniture is the largest demand-generating industry in the Australian adhesive market and is expected to maintain its strong position during the forecast period.
Growing Demand for Residential as well as Commercial Spaces Supporting Market Growth
In the second round of smart city projects in Australia, New South Wales, which is expected to dominate the adhesives and sealant market during the forecast period, has large construction projects to meet the demand for housing. In addition, growth in construction activities in the region will boost the furniture market, further influencing the development of acrylates, epoxy, and polyurethane-based adhesives and sealants. Areas such as North Sydney, Chatswood, St. Leonard’s, Macquarie Park are seeing an increase in demand for residential and commercial spaces.
Click here to download the sample
Market Segmentation
The Australia adhesive & sealants market is a segmented analysis of Australia adhesive market, Australia sealant market, and Australia waterproofing adhesive and sealant market along with the major market player identification through competition analysis.
Australia adhesive market is segmented by technology, resin type, application, and regional analysis. Based on technology, the market is further segmented into reactive, hot melt, solvent based, and water based. Water-based technology is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of increasing demands in the furniture & construction industry. Higher efficiency and cost reduction are some other factors responsible for the growing demands for water-based adhesive technology thus aiding the growth of the market too. By resin type, the market fragmented into polyurethane adhesives, vinyl adhesives, acrylic adhesives, rubber-based adhesives, epoxy adhesives & and others. Based on application, the market is bifurcated into furniture, construction, packaging & paper related products, Automotive, DIY, Footwear, and others. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
The Australia sealant market is segmented by resin type, application, end use industry, regional analysis. Based on resin type, the market is further segmented into silicone, polyurethane, polysulfide, silyl modified polymer, and silane terminated polymer. By application, the market is fragmented into glazing, flooring and join application, sanitary and kitchen application, and others. Based on end use industry, the market is bifurcated into building & construction, automotive, packaging, marine, and others. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
The Australia waterproofing adhesives & sealants market is segmented by resin type, end use industry and regional analysis. Based on resin type, the market is fragmented into polyurethane, elastomeric, PVA, epoxy, and silicone. By end use industry, the market is bifurcated into building & construction, footwear, electronic goods, furniture, DIY and craft. The market is also studies to analyze the regional market shares into New South Wales, Victoria & Tasmania, Queensland, Western Australia, Southern Australia & Northern Territory.
Company Profiles
Bostik Australia Pty Ltd., Selleys Australia Pty. Ltd, Sika Australia Pty Ltd, Henkel Australia Pty Ltd, 3M Australia Pty Ltd., DuPont (Australia) Pty Ltd, H.B. Fuller Company Australia Pty Ltd., Mapei Australia Pty Ltd, RLA Polymers Pty Ltd, Akzo Nobel Pty Ltd., Soudal Pty. Ltd., are among the major market players in the Australia Adhesives and Sealants.
Attribute | Details |
Adhesives Market size value in 2021 | USD579.94 million |
Adhesives Revenue Forecast in 2027 | USD796.53 million |
Growth Rate | 5.53% |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Adhesives o Technology o Resin Type o Application · Sealants o Resin Type o Application o End Use Industry · Waterproofing Adhesives & Sealants o Resin Type o End Use Industry |
Regional Scope | New South Wales; Victoria & Tasmania; Queensland; Western Australia; Southern Australia & Northern Territory |
Key Companies Profiled | Bostik Australia Pty Ltd., Selleys Australia Pty. Ltd, Sika Australia Pty Ltd, Henkel Australia Pty Ltd, 3M Australia Pty Ltd., DuPont (Australia) Pty Ltd, H.B. Fuller Company Australia Pty Ltd., Mapei Australia Pty Ltd, RLA Polymers Pty Ltd, Akzo Nobel Pty Ltd., Soudal Pty. Ltd. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope:
In this report, Australia Adhesives and Sealants has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Australia Adhesives and Sealants Market, By Adhesives:
- Technology
- Reactive
- Hot Melt
- Solvent Based
- Water Based
- Other
- Resin Type
- Polyurethane Adhesives
- Vinyl Adhesives
- Acrylic Adhesives
- Rubber-Based Adhesives
- Epoxy Adhesives
- Others
- Application
- Furniture
- Construction
- Packaging & Paper Related Products
- Transportation
- DIY
- Footwear
- Others
- Australia Adhesives and Sealants Market, By Sealants:
- Resin Type
- Silicone
- Polyurethane
- Polysulfide
- Silyl Modified Polymer
- Silane Terminated Polymer
- Application
- Glazing
- Flooring and Join Application
- Sanitary and Kitchen Application
- Others
- End Use Industry
- Building & Construction
- General Industrial
- Automotive
- Flexible Packaging
- Marine
- Others
- Australia Adhesives and Sealants Market, By Waterproofing Adhesives & Sealants:
- Resin Type
- Polyurethane
- Elastomeric
- PVA
- Epoxy
- Silicone
- End Use Industry
- Building & Construction
- Footwear
- Electronic Goods
- Furniture
- DIY & Craft
- Australia Adhesives and Sealants, By Region:
- New South Wales
- Victoria & Tasmania
- Queensland
- Western Australia
- Southern Australia & Northern Territory
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Australia Adhesives and Sealants Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).