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Market Study: Adhesives - Almost 14 million tonnes of adhesives are consumed worldwide

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Almost 14 million tonnes of adhesives are consumed worldwide

Ceresana Market Research

Adhesives are growing more important in industrial products, in the construction industry, in sports and leisure articles, and in many other segments. For the third time already, Ceresana analyzed the global market: Almost 14 million tonnes of adhesives are consumed worldwide. According to the latest study, adhesive revenues will rise worldwide by 3.6% per year until 2024.


Vinyls beat Acrylics

The most important type of product in 2016 were vinyl adhesives with a demand volume of over 4 million tonnes, followed at a great distance by acrylic adhesives in second place. There is a wide variety of vinyl adhesives. Products based on polyvinyl acetate (PVAC) are among the most important ones. Polyvinyl alcohol (PVA), manufactured from polyvinyl acetate, is used as an adhesive for porous materials, such as paper, cardboard, wood, cork, and leather. Main consumers of vinyl adhesives are the paper, packaging, wood processing and construction industries that use waterborne adhesives or hot melts in particular.


Adhesives for Asia

In 2016, Asia-Pacific generated more than one third of global market value of adhesives, followed by North America and Western Europe. In the current study, all information on demand, production, import, and export for the period from 2008 to 2024 are indicated in tonnes and the revenues in the currencies US dollar and Euro. Information regarding demand, production, import,
and export since 2008 are offered for the 17 most important individual countries – and forecasts up to 2024 in addition. A detailed report will be given on vinyls, acrylics, polyurethane, elastomers, epoxy and other types of adhesives. The study does not cover sealants, cement, mortar, phenolic and other formaldehyde condensates.


Building with Water

The most important sales market for adhesives in 2016 was the construction industry. Almost 30% of global demand was accounted for by wall and floor coverings, maintenance, building refurbishment, paneling, panels or for thermal insulation material. Market data on adhesives is also given in detail for the individual technologies: Waterborne adhesives accounted for about 49% of overall worldwide demand. Demand for hot melts ranked second at a great distance, followed by solvent borne adhesives.


The Study in Brief:

Chapter 1 provides a description and analysis of the global adhesives market, including forecasts up to 2024: The development of revenues, demand volumes, and production is analyzed for each region.


Chapter 2 offers a detailed analysis of 17 countries: overall revenues, export, import and revenues of adhesives. In addition, these countries are also analyzed in detail regarding application area and adhesives technology. Market data on demand and production
volume of each country is split for each type of adhesive.
Chapter 3: Regional markets for adhesives are analyzed in detail: data and influencing factors on the use in Paper and Packaging, Construction, Wood Processing, Transportation, Shoes and Leather, Consumer Goods, and other application areas.


Chapter 4 describes the demand for adhesives and its production volume for each of the following products: vinyls, acrylics, polyurethane (PUR), elastomers, epoxy, and other adhesives.
In Chapter 5, the different technologies are described: waterborne adhesives, hot melts, solvent-based adhesives, reactive adhesives, and other technologies.
Chapter 6 offers a useful directory of the 106 most important producers, clearly arranged according to contact details, revenues, profit, product range, production sites, profile summary, and specific information on adhesives. The most important producers include: 3M, Bolton, Bostik, Evonik, Henkel, Huntsman, ITW, Nagase, RPM, and Sika.

 

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