Market Forecast By Formulation Technology (Water-based, Solvent-based, Hot melt, Reactive & Others), By Application (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation, Leather & Footwear, Assembly, Others), By Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl, Others) And Competitive Landscape
Product Code: ETC4625080 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Report Name | Russia Adhesives and Sealants Market |
Forecast period | 2025-2031 |
CAGR | 6.3% |
Growing Sector | Industrial Adhesives and Sealants |
The Russia Adhesives and Sealants Market report comprehensively covers the market by Formulation Technology, Application, and Resin Type. The report provides an in-depth and thorough analysis of the current market trends, opportunities/high growth areas, and market drivers which will help stakeholders in formulating and aligning their market strategies according to the present and future market dynamics.
The Russia Adhesives and Sealants Market is projected to witness substantial growth during the forecast period. This growth can be attributed to the growing demand for adhesives and sealants in the industrial sector, particularly in industries such as automotive, construction, and packaging.
According to 6Wresearch, the Russia Adhesives and Sealants Market is expected to grow at a CAGR of 6.3% during the forecast period. The increasing demand for these products in a wide range of applications, such as paper & packaging, building & construction, woodworking, consumer/DIY, automotive & transportation, leather & footwear, and assembly are major growth drivers for the Russia Adhesives and Sealants Market. The increasing trend towards lightweight materials and eco-friendly solutions has also led to a rise in demand for adhesives and sealants in various applications. Furthermore, advancements in technology and growing applications in various end-use industries are also expected to drive market growth. Additionally, the government's initiatives towards promoting foreign investments and improving trade relations with other countries are creating favourable conditions for market expansion.
Despite the promising growth prospects, the Russia Adhesives and Sealants Market faces challenges. These include the fluctuating prices of raw materials used in the production of adhesives and sealants. This can lead to higher production costs and ultimately affect the pricing of these products in the market. Moreover, stringent regulations regarding volatile organic compound (VOC) emissions from adhesive and sealant products may also pose a challenge for manufacturers in the market. These regulations aim to reduce environmental pollution and promote sustainable practices, which can require additional investments and resources from companies to comply with these standards.
Key players in the Russia Adhesives and Sealants Market include international brands like Henkel AG & Co. KGaA, Arkema S.A., 3M Company, H.B. Fuller Company, Mapei S.p.A., The Dow Chemical Company, and Sika AG. These companies are investing heavily in R&D to create innovative and efficient products to expand their market presence. Currently, 3M holds a substantial share in the market.
The Russia Adhesives and Sealants Market is governed by various regulations set by the government to ensure the safety and quality of these products. The Federal Law on Technical Regulation aims to regulate the production, storage, transportation, sale, and disposal of adhesives and sealants in order to protect public health and safety. Additionally, there are regulations on the labelling and packaging of these products to provide clear information to consumers about their usage and potential hazards. Furthermore, the government has also introduced initiatives promoting sustainable practices in the industrial sector, including the use of eco-friendly adhesives and sealants. This not only supports environmental conservation but also drives market growth for water-based formulations.
The Russia Adhesives and Sealants Market is expected to continue growing in the coming years, driven by factors such as increasing demand for lightweight vehicles, growth in construction activities, and advancements in packaging technology. The construction industry is expected to continue being one of the major consumers of adhesives and sealants due to ongoing urbanisation and infrastructure development projects in Russia. Furthermore, technological advancements in the industry, such as the development of bio-based and biodegradable adhesives, are expected to open up new opportunities for market players. These innovative formulations not only offer environmental benefits but also provide improved performance and durability compared to traditional adhesive products.
According to Dhaval, Research Manager, 6Wresearch, Water-based technology holds the dominant market share due to its eco-friendly nature.
The Building & Construction sector is expected to hold the dominant share due to the high demand for adhesives and sealants in this segment.
Silicone-based products are expected to dominate due to their superior performance attributes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Russia Adhesives and sealants Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Adhesives and sealants Market Revenues & Volume, 2021 & 2031F |
3.3 Russia Adhesives and sealants Market - Industry Life Cycle |
3.4 Russia Adhesives and sealants Market - Porter's Five Forces |
3.5 Russia Adhesives and sealants Market Revenues & Volume Share, By Formulation Technology, 2021 & 2031F |
3.6 Russia Adhesives and sealants Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Russia Adhesives and sealants Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
4 Russia Adhesives and sealants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-user industries such as construction, automotive, and electronics |
4.2.2 Growth in infrastructure development projects in Russia |
4.2.3 Rising focus on sustainable and eco-friendly adhesive and sealant products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations and standards related to the use of adhesives and sealants |
4.3.3 Intense competition from domestic and international players |
5 Russia Adhesives and sealants Market Trends |
6 Russia Adhesives and sealants Market Segmentations |
6.1 Russia Adhesives and sealants Market, By Formulation Technology |
6.1.1 Overview and Analysis |
6.1.2 Russia Adhesives and sealants Market Revenues & Volume, By Water-based, 2021-2031F |
6.1.3 Russia Adhesives and sealants Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.1.4 Russia Adhesives and sealants Market Revenues & Volume, By Hot melt, 2021-2031F |
6.1.5 Russia Adhesives and sealants Market Revenues & Volume, By Reactive & Others, 2021-2031F |
6.2 Russia Adhesives and sealants Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Russia Adhesives and sealants Market Revenues & Volume, By Paper & Packaging, 2021-2031F |
6.2.3 Russia Adhesives and sealants Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Russia Adhesives and sealants Market Revenues & Volume, By Woodworking, 2021-2031F |
6.2.5 Russia Adhesives and sealants Market Revenues & Volume, By Consumer/DIY, 2021-2031F |
6.2.6 Russia Adhesives and sealants Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.7 Russia Adhesives and sealants Market Revenues & Volume, By Leather & Footwear, 2021-2031F |
6.2.8 Russia Adhesives and sealants Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Russia Adhesives and sealants Market Revenues & Volume, By Others, 2021-2031F |
6.3 Russia Adhesives and sealants Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Russia Adhesives and sealants Market Revenues & Volume, By Silicone, 2021-2031F |
6.3.3 Russia Adhesives and sealants Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.4 Russia Adhesives and sealants Market Revenues & Volume, By Plastisol, 2021-2031F |
6.3.5 Russia Adhesives and sealants Market Revenues & Volume, By Emulsion, 2021-2031F |
6.3.6 Russia Adhesives and sealants Market Revenues & Volume, By Polysulfide, 2021-2031F |
6.3.7 Russia Adhesives and sealants Market Revenues & Volume, By Butyl, 2021-2031F |
7 Russia Adhesives and sealants Market Import-Export Trade Statistics |
7.1 Russia Adhesives and sealants Market Export to Major Countries |
7.2 Russia Adhesives and sealants Market Imports from Major Countries |
9 Russia Adhesives and sealants Market - Opportunity Assessment |
9.1 Russia Adhesives and sealants Market Opportunity Assessment, By Formulation Technology, 2021 & 2031F |
9.2 Russia Adhesives and sealants Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Russia Adhesives and sealants Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
10 Russia Adhesives and sealants Market - Competitive Landscape |
10.1 Russia Adhesives and sealants Market Revenue Share, By Companies, 2024 |
10.2 Russia Adhesives and sealants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |