ADHESIVES AND SEALANTS MARKET ANALYSIS

Market News

Key Developments

1. Key players in the market are involved in various business strategies such as business expansion, in order to enhance their market presence. For instance, in March 2017, Dow Corning, the subsidiary of The Dow Chemicals Company, expanded its India operations by opening SAHAYOG Building Solutions Center in Mumbai, India. SAHAYOG Building Solutions Center will provide project and technical support to their clients.
2. Major players in the market are involved in various growth strategies such as merger and acquisition, in order to gain competitive edge in the market. For instance, in September 2017, H.B. Fuller Company, a manufacturer of adhesives, acquired Royal Adhesives & Sealants, a provider of adhesive and sealants. The acquisition was valued at around US$ 1.75 billion.
3. Major players in the market are involved in various growth strategies such as merger and acquisition, in order to gain competitive edge in the market. For instance, in July 2019, Berry Global Group, Inc. acquired RPC Group Plc, manufacturer of plastic packaging for US$ 4.3 billion.