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Latin America Adhesives and Sealants Market is Expected to Reach USD 2.136.1 Million and 327.3 Million Respectively by 2019:



 Latin America Adhesives and Sealants Market is Expected to Reach USD 2.136.1
 Million and 327.3 Million Respectively by 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, September 20, 2013

ALBANY, New York, September 20, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research "
Latin America (Brazil, Mexico, Argentina) Adhesives and Sealants (Acrylic,
PVA, PU, Epoxy, EVA, Silicones) Market for Construction, Automotive,
Packaging, Assembly, Pressure Sensitive Tapes and Other Applications -
Industry Analysis, Size, Share, Growth, Trends and Forecast 2013   -   2019 "
. The Latin America adhesives market was valued at USD 1,404 million in 2012
and expected to reach USD 2,136.1 million by 2019, growing at a CAGR of 6.2%
from 2013 to 2019. The Latin America sealants market was valued at USD 214.2
million in 2012 and is expected to reach USD 327.3 million by 2019 growing at
a CAGR of 6.3% from 2013 to 2019.

Browse the full report at  
http://www.transparencymarketresearch.com/latin-america-adhesives-sealants.html

Growth of major end-use industries such as construction and automotive mainly
in the emerging economies of Brazil and Argentina is expected to boost the
market for adhesives and sealants over the next six years. However, the
volatility in raw material prices coupled with environmental concerns
regarding the use of synthetic (petroleum-based) adhesives and sealants is
expected to hinder market growth over the forecast period. In order to reduce
reliance on synthetic adhesives and sealants, major manufacturers such as The
Dow Chemical Company, Henkel and Danimer Scientific LLC among others have been
shifting their focus towards developing bio-based adhesives and sealants.

Acrylic and polyvinyl acetate (PVA) based adhesives together accounted for
over 50% of the total market demand in 2012. Key adhesives application
industries include electronics, automobiles, construction and packaging among
others. Owing to their fast setting properties Ethyl Vinyl Acetate (EVA) based
adhesives are expected to be the fastest growing product segment at an
estimated CAGR of 5.6% from 2013 to 2019. Sealants market was dominated by
silicone based sealants, accounting for over 30% of the total regional demand
in 2012. Growing automotive industry in Brazil is expected to fuel the demand
for sealants in the region over the forecast period.

Pressure sensitive applications (PSA) emerged as the largest consumer of
adhesives with 27% of the Latin America market in 2012. The furniture industry
is expected to be the fastest growing market for adhesives at an estimated
CAGR of 6.1% over the forecast period, owing to growing disposable income in
the region. On the other hand, automotive industry is expected to be the
fastest growing market for sealants, with demand estimated to grow at a CAGR
of 5.7% from 2013 to 2019 in Latin America. Construction industry dominated
the sealants market in the region with 28% of the total demand in 2012.
Growing foreign investments into Brazil have spurred growth in infrastructure
development in the Latin American countries. Upcoming events such as the FIFA
World Cup 2014 and Olympic Games in 2016 are expected to ensure continuous
demand for sealants from the construction industry in Brazil.

Brazil dominated the adhesives and the sealants market with over 50% and 75 %
of the Latin America market, respectively in 2012. Along with being the
largest market, Brazil is also expected to be the fastest growing market at an
estimated CAGR of 5.5% and 5.1% over the forecast period, for adhesives and
sealants, respectively from 2013 to 2019. Other Latin American countries such
as Mexico and Argentina are expected to witness moderate growth rate in the
near future.

Related & Recently Published Reports by Transparency Market Research

  * Solvents Market:  
    http://www.transparencymarketresearch.com/solvents-market.html
  * Technology Trends in Lubricants Market:  
    http://www.transparencymarketresearch.com/technology-trends-lubricants-market.html

Some of the key manufacturers of adhesives and sealants include 3M Company,
Henkel AG., H.B Fuller Company, BASF SE, Bostik SA, UNISEAL Inc., Ellsworth
Adhesives and Dow Chemical Company among others.

The report segments the Latin America adhesives market as,

Adhesives Market: Product Segment Analysis,

  * Acrylic
  * PVA
  * Polyurethanes
  * Styrenic block
  * Epoxy
  * EVA
  * Other (including silicones, polyisobutylene)

Adhesives Market: Application Segment Analysis,

  * Pressure sensitive applications
  * Packaging
  * Construction
  * Furniture
  * Footwear
  * Automotive
  * Other (aerospace, electronics, etc)

Adhesives Market: Regional Analysis,

  * Brazil
  * Mexico
  * Argentina
  * Rest of the Latin America

The report segments the Latin America Sealants market as,

Sealants Market: Product Segment Analysis,

  * Silicones
  * Polyurethanes
  * Acrylic
  * Polyvinyl acetate
  * Other (including polysulphide, EVA, etc)

Sealants Market: Application Segment Analysis,

  * Construction
  * Automotive
  * Packaging
  * Assembly
  * Pressure sensitive tapes
  * Consumers
  * Other (aerospace, electronics, etc)

Sealants Market: Regional Analysis,

  * Brazil
  * Mexico
  * Argentina
  * Rest of the Latin America

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data sets and research material for business reports.

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