MarketsandMarkets recently released its highly anticipated 360 Quadrant on "Top 19 Adhesive and Sealant Companies, Worldwide 2023," acknowledging the exceptional achievements of Dow, RPM, Parker LORD, and Adhesives Research in the Adhesive and Sealant industry. These four renowned companies have solidified their positions in the adhesives and sealants landscape through their unwavering commitment to adhesive innovation, quality control, compatibility, customization, and eco-conscious solutions. Their remarkable strides in advancing the adhesives and sealants sector have earned them well-deserved recognition in this exclusive quadrant, showcasing their impact on a global scale.
The Adhesive and Sealant Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Adhesive and Sealant. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 120 companies of which the Top 19 Adhesive and Sealant Companies were categorized and recognized as the quadrant leaders.
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The 360 Quadrant maps the Adhesive and Sealant Companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Adhesive and Sealant quadrant. The top criteria for product footprint evaluation included Type (Adhesive, Sealant), Adhesive Technology (Water Based, Solvent based, Hot-melt, Reactive & Others), Adhesive End Use (Paper & Packaging, Building & Construction, Woodworking, Consumer & DIY, Automotive & Transportation, Leather & Footwear, Assembly, Medical, Electronic, Others), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulphide, Butyl, Others), and Sealant End Use (Building & Construction, Automotive & Transportation, Consumer, Others).
Dow, RPM, Parker LORD, and Adhesives Research – The Leaders Explained
Dow Recognized as a Market Leader Among the "Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant.
Dow has been at the forefront of innovations in the field of Adhesive and Sealant technology. The company has been recognized as the "Market Leader" in the " Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant owing to its robust product portfolio and wide geographical presence. Dow's involvement in the Adhesive and Sealant sector is broad and encompasses a spectrum of technological solutions and initiatives, showcasing the company's commitment to driving innovation and excellence in this dynamic field.
Dow's Adhesive and Sealant formulations cover a wide spectrum of classifications, ranging from organic or inorganic compositions to acrylic, polyurethane, or silicone bases, and diverse curing methods such as moisture, heat, or UV curing. These formulations are engineered to establish durable bonds across an extensive range of substrates like ceramics, metals, glass, and filled plastics, eliminating the need for mechanical fastening and clamping. Dow offers a versatile array of Adhesive and Sealant solutions with varying viscosities and cure chemistries to meet diverse processing requirements across industries. These solutions are available as raw materials, including surfactants, oxygenated solvents, rheology modifiers, additives, and more, as well as fully formulated products. Notable examples from Dow's product lineup include the DOWSIL 795
Silicone Building Sealant, DOWSIL 3145 RTV Mil-A-46146 Adhesive / Sealant, DOWSIL 732 Multi-Purpose Sealant, DOWSIL 791 Weatherproofing Sealant, and DOWSIL 7091 Adhesive Sealant, exemplifying Dow's commitment to offering comprehensive adhesive and sealant solutions tailored to diverse industrial needs.
Dow stands as a prime example of a Market Leader in the Adhesives and Sealants sector, skillfully harmonizing an expansive product portfolio with a commanding market presence. Recognized for providing holistic solutions, Dow not only presents a varied array of adhesives and sealants customized for diverse industries but also maintains a firmly established and influential global position. The company's renowned for dependability, a steadfast commitment to continuous innovation, and widespread acceptance among clients underscore its leadership qualities. Dow's dominance extends to both the capabilities of its adhesive and sealant products and its pervasive impact on the market, cementing its esteemed position as a leader in the adhesive industry.
RPM Recognized as a Contender in " Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant
RPM International has emerged as a formidable contender in the Adhesives and Sealants industry, driven by a combination of strategic factors that contribute to its competitive standing. Owing to this the company has been recognized as a contender in the “Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. RPM International offers a diverse and comprehensive range of adhesive and sealant products catering to various applications and industries. This extensive product portfolio allows the company to meet the specific needs of a broad customer base. The company provides adhesive products under various brands, including Tremco, DAP, Dural, EUCO, and others. The company's range of adhesives and sealants encompasses formulations based on silicone, urethane, and various other compounds. Notably, the company markets its construction sealants and adhesives under leading brands such as Tremco, Euclid Chemical, and Flowcrete. Additionally, the company extends its offerings to include solutions for do-it-yourself enthusiasts, encompassing products for concrete restoration, flooring, metallic and faux finish coatings, cleaners, hobby paints, cements, as well as a variety of caulks, insulating foam, spackling, glazing, and patch and repair products.
This acknowledgment underscores RPM's well-established presence in the industry, bolstered by a significant customer base and notable market recognition. While showcasing competitiveness through its existing product offerings, RPM stands as a Contender with the opportunity for continued evolution and improvement in product capabilities. The recognition from 360 Quadrants places RPM as a company ready for future visionary advancements, affirming its ability to navigate challenges and stay competitive in the constantly evolving market scenario.
Parker LORD Recognized as an Innovator in " Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant
Parker LORD's status as an Innovator in Adhesives and Sealants is solidified by its commitment to cutting-edge research and development, technological advancements, customized solutions, broad market presence, collaborative partnerships, global footprint, focus on sustainability, and a diverse product portfolio. These factors collectively contribute to Parker LORD's innovative edge in the dynamic and competitive landscape of adhesive and sealant solutions. Its inclusion in the "Top 19 Adhesive and Sealant Companies, Worldwide 2023" reflects its pioneering role in the Adhesive and Sealant industry.
Parker offers a variety of bonding adhesives that employ acrylic, epoxy, and urethane technologies engineered to withstand exposure to environmental conditions, ensuring effective bonding across substrates such as bare metal, painted metal, composites, rubber-to-substrate, and more. Parker LORD caters to a diverse array of industries spanning electronics, automotive, and construction.
The company specializes in providing structural solutions, including acrylic, epoxy, and urethane adhesives. Renowned for its adhesion additive technology, Parker LORD has the capability to significantly reduce the time required for bonding parts by instilling self-bonding properties into standard high consistency silicone rubber (HCR), making it readily bondable to various substrates. The company's acrylic metal adhesives play a crucial role in preventing galvanic corrosion when cross bonding to aluminum, offering enhanced design flexibility and cost-effectiveness. These adhesives boast high strength and durability, outperforming traditional fastening methods. Notably, Parker LORD's adhesives feature room temperature curing, high tensile strength, and exceptional resistance to temperature and chemicals.
Parker LORD distinguishes itself as a pioneer in the adhesive and sealant industry, characterized by exceptional product innovation and distinctive offerings. While its market presence might not match that of certain industry leaders, Parker LORD disrupts conventional norms by introducing state-of-the-art solutions. The company's forward-thinking approaches continually challenge the limits of what is achievable in the field, underscoring its potential to emerge as a significant player, even with a more measured corporate growth strategy. Parker LORD's steadfast commitment to innovation establishes it as a dynamic force propelling positive change within the industry.
Adhesives Research Gained Recognition as an Emerging Company in the " Top 19 Adhesive and Sealant Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant.
Adhesives Research is emerging as a notable player in the Adhesives and Sealants industry due to a combination of strategic initiatives and a commitment to innovative solutions, which positions the company for growth and success. Leveraging its extensive expertise, the company has been acknowledged as an Emerging Leader in the "Top 19 Adhesive and Sealant Companies, Worldwide 2023." Adhesives Research's emergence in the Adhesives and Sealants industry is driven by a commitment to innovation, specialized offerings, strategic market expansion, collaborative partnerships, a customer-centric approach, potential investments in sustainable practices, and an adaptable product portfolio. These factors collectively contribute to the company's growing influence and position as an emerging force in the dynamic adhesive and sealant market.
The company is dedicated to crafting customized adhesive tapes, specialty films, coatings, laminates, release liners, drug delivery systems, and product authentication technologies. These tapes find diverse applications in medical settings (for wound care and intravenous attachments), diagnostics, electronics (employed during the assembly stages for mobile devices, hard drives, etc.), automotive, industrial uses (including automotive and glass treatment), splicing applications (in the pulp and paper industry), and various other sectors.
Positioned as an emerging player, Adhesives Research is currently demonstrating a promising product footprint while navigating the initial phases of establishing a market presence. The company distinguishes itself by excelling in specific niche areas and presenting unique features that set it apart from the competition. Although its influence on the broader market is still in the process of evolution, Adhesives Research is recognized as a niche player with substantial growth potential. As the company expands its reach and garners recognition in the market, its innovative approach and distinctive offerings are anticipated to play a pivotal role in its ongoing success within the industry.
In the dynamic landscape of the adhesives and sealants industry, key innovators like Dow, RPM, Parker LORD, and Adhesives Research are leading the way in driving continuous transformation. Their recognition among the "Top 19 Companies Worldwide" in MarketsandMarkets 360 Quadrant’s impartial analysis solidifies their role as leaders in shaping the evolution of adhesive and sealant excellence. This leadership is exemplified by their commitment to pioneering technologies, finely tuned to meet the demands of the future.
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360 Quadrants Scoring Methodology
360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.
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