Stable Numbers: Ceresana Examines the World Market for Adhesives

Stable Numbers: Ceresana Examines the World Market for Adhesives

ID: 659060

Adhesive bonding is a highly innovative key technology for countless industries.

Market Study: Adhesives - World (5th edition)Market Study: Adhesives - World (5th edition)

(firmenpresse) - Learning from geckos: new fibrillar dry adhesives are inspired by nature; with their wafer-thin fibers, they bond surfaces. In adhesive technology, such innovations are sorely needed, because despite increasing use of biomaterials, adhesives are still mainly manufactured from petrochemical raw materials. Their dependence on oil prices is high. Ceresana has analyzed the world market for adhesives for the fifth time now: While the demand for adhesives amounted to 14.7 million tonnes in 2019, the demand volume decreased to 12.9 million tonnes in the pandemic year 2020.

Construction Industry as the Main Consumer

In 2020, the region Asia-Pacific accounted for approx. 38.5% of global revenues generated with adhesives, followed by North America and Western Europe. The construction industry is the most important market for adhesives, ahead of paper, cardboard and packaging: More than 28% of global demand is attributable to the use of adhesives for wall and floor coverings, for the repair and renovation of buildings, for components such as cladding and panels, and for insulation materials. The DIY sector has proved itself as a stable source of revenue during the COVID-19 pandemic. The transportation industry is also an increasingly important application area for adhesives: an average car already contains more than 15 kilos of adhesives. Lightweight construction and electrification are further increasing the demand for automotive adhesives.

Vinyl Adhesives are in High Demand

The new Ceresana study analyzes market data pertaining to adhesives not only according to their application area, but also according to individual technologies: water-based adhesives account for about 46% of total demand. Demand for hotmelt adhesives is in distant second place. Vinyl adhesives constitute the most important product type, with a current demand of nearly 3.8 million tonnes. A wide range of adhesives based on vinyl is available. The most important products are based on polyvinyl acetate (PVAC). Furthermore, polyvinyl alcohol (PVA) is made from polyvinyl acetate, and is also an adhesive that is used to bond porous materials such as paper, cardboard, wood, cork, and leather. Vinyl products are followed by acrylic-based adhesives, polyurethane, elastomer, epoxy adhesives and others.





Current Market Report About the Adhesive Industry

Chapter 1 offers a presentation and analysis of the global adhesive market, including forecasts until 2030: For each region, the development of revenue, demand and production is given. Regional adhesive markets are analyzed in detail:
Data and influencing factors concerning the application areas construction industry, paper and packaging, wood processing, transportation industry, shoes/leather/textiles, consumer products and other application areas. Demand for adhesives is examined according to product types: vinyl, acrylic, polyurethane (PUR), elastomer, epoxy and other adhesives. Data relating to the different production methods are also given separately: water-based adhesives, hot melt adhesives, solvent-borne adhesives, reactive adhesives, other technologies.
Chapter 2 offers a detailed analysis of 17 countries: total demand, export, import and revenues generated with adhesives. Additionally, the countries will be examined according to the different application areas and adhesive technologies. Market data relating to the demand and production volumes of each country will be split up according the different adhesive types.
Chapter 3 offers useful company profiles of the most important adhesive manufacturers, clearly structured according to contact data, revenue, profit, product palette, and a brief company profile. Detailed profiles are given for 99 manufacturers, such as 3M Company, Bolton Group B.V., Bostik S.A., Evonik Industries AG, Henkel AG & Co. KGaA, Huntsman International LLC, Illinois Tool Works Inc., Nagase & Co., Ltd., RPM International Inc., and Sika AG.

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As one of the world's leading market research institutes, Ceresana specializes in the chemicals, plastics, packaging and industrial goods sectors, with a focus on automotive / mobility. Since 2002, companies have benefited from high-quality industry analyses and forecasts. Over 200 market studies provide more than 10,000 clients around the world with the knowledge base for sustainable success.
More about Ceresana at www.ceresana.com



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Ceresana
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Germany
Press Contact: Martin Ebner, m.ebner(at)ceresana.com



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Bereitgestellt von Benutzer: Ceresana
Datum: 26.04.2022 - 11:01 Uhr
Sprache: Deutsch
News-ID 659060
Anzahl Zeichen: 4131

contact information:
Contact person: Martin Ebner
Town:

Konstanz


Phone: +49 7531 9429 70

Kategorie:

Chemical industry


Typ of Press Release: Product
type of sending: send
Date of sending: 26.04.2022

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