1. Market Research
  2. > Chemical
  3. > Specialty Chemical
  4. > Adhesive and Sealant Market Trends
  5. > US Adhesives & Sealants Market

US Adhesives & Sealants Market

  • February 2015
  • -
  • Freedonia
  • -
  • 348 pages

US demand to rise 2.8% annually through 2019

US demand for adhesives and sealants is forecast to advance 2.8 percent per year to 6.4 billion pounds in 2019, valued at $12.8 billion. A turnaround in construction activity, combined with the further use of adhesives and sealants in manufacturing and assembly markets, will underpin demand gains. Adhesive bonding will make further inroads in applications historically dominated by mechanical fasteners and other alternative joining technologies, especially as manufacturers continue to lightweight products such as motor vehicles, aircraft, and electronics.

Reactive products to outpace all other types

Emulsion and dispersion adhesives and sealants will remain the leading product type through 2019. The ongoing displacement of solvent-based products is forecast to support increases as end users strive to meet emissions regulations through the adoption of water-based and higher solids formulations. Despite loss of market share, solvent-based products are expected to see above average demand increases, boosted by a rebounding construction sector and product reformulation efforts to improve their environmental profiles.
Through 2019, the fastest annual growth is expected for reactive adhesives and sealants, driven by rising demand in major markets (e.g., manufacturing and assembly, construction), and trends favoring higher value materials. Silicone and polyurethane adhesives and sealants will post the most rapid gains among reactive types, supported by their superior performance characteristics. Hot melt products are also expected to see healthy advances, as their rapid cure rates will continue to promote their use in markets (e.g., packaging) that necessitate fast processing speeds. In addition, hot melt adhesives’ lack of volatile organic compound (VOC) emissions will continue to benefit demand.

Rebounding construction market will fuel growth

Among adhesives and sealants markets, the fastest annual gains are projected for construction, which will recover from the declines of the 2004-2014 period. A turnaround in building construction spending will fuel gains, as will increased improvement and repair activity. Heightened infrastructure spending will boost further growth. Nevertheless, more rapid gains will be restrained by the development of higher performance products with longer replacement cycles. The slowest annual advances are projected for the packaging market, hampered by weakness in the paper and paperboard packaging segment.

Manufacturing & assembly to remain leading market

The manufacturing and assembly market will lead all other outlets for adhesives and sealants through 2019. Within this market, the motor vehicle segment is projected to register the fastest annual growth, as OEMs continue to use higher volumes of adhesives to reduce vehicle weight and lower material and assembly costs. Similar trends are forecast in the aerospace, machinery, and electrical and electronic markets, where adhesives and sealants will continue to displace alternative fasteners. The tapes and labels segment is expected to remain the largest manufacturing and assembly outlet for adhesives and sealants through 2019, driven by healthy advances in the production of pressure sensitive tapes and labels.

Study coverage

This upcoming industry study, Adhesives & Sealants, presents historical demand data (2004, 2009 and 2014) plus forecasts (2019 and 2024) by product and market. The study also considers key market environment factors, examines the industry structure, evaluates company market share and profiles US industry players such as Henkel, HB Fuller and RPM.

Table Of Contents

US Adhesives and Sealants Market
INTRODUCTION x

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Outlook 5
Consumer Spending Outlook 9
Manufacturing Outlook 12
Packaging Industry Overview 16
Construction Industry Outlook 19
Adhesives and Sealants Technology 21
Raw Materials and Formulation 22
Product Selection and Application 23
Competitive Materials and Technologies 25
Regulatory and Environmental Considerations 27
Adhesives and Sealants Pricing 29
Historical Market Trends 31
Foreign Trade and International Activity 33

III. PRODUCTS 36
General 36
Emulsions and Dispersions 40
Polyvinyl Acetate 43
Acrylics 45
Vinyl Acetate-Ethylene 48
Styrene-Butadiene Latex 50
Polyvinyl Alcohol 52
Other Emulsions and Dispersions 54
Reactive 55
Silicone 58
Polyurethane 62
Epoxy 66
Polysulfides 69
Other Reactive 72
Hot Melt 75
Ethylene Vinyl Acetate 79
Polyethylene 82
Styrenic Block Copolymers 84
Thermoplastic Polyurethane 86
Other Hot Melts 88
Solvent-Based 90
Elastomers 92
Natural Rubber 94
Styrene-Butadiene Rubber 95
Styrenic Block Copolymers 96
Butyl Rubber 96
Polychloroprene 97
Other Elastomers 97
Polyvinyl Acetate 98
Vinyl Chloride Polymers 99
Other Solvent-Based 101
Natural Adhesives and Sealants 102
Starch and Dextrin 104
Protein Adhesives 107
Cellulosics and Other 109
Other Adhesives and Sealants 110
Bituminous 111
Sodium Silicate 113
Polyvinyl Butyral 115

IV. MARKETS 118
General 118
Manufacturing and Assembly 121
Tapes and Labels 124
Tape and Label Industry Outlook 124
Adhesives Demand 127
Motor Vehicles 130
Motor Vehicle Industry Overview 131
Adhesives and Sealants Demand 134
Aerospace and Other Transportation 138
Aerospace and Other Transportation Industry Outlook 139
Adhesives and Sealants Demand 141
Furniture 144
Furniture Industry Outlook 145
Adhesives Demand 147
Machinery 149
Machinery Industry Outlook 150
Adhesives and Sealants Demand 152
Electrical and Electronic 154
Electrical and Electronic Product Outlook 155
Adhesives and Sealants Demand 156
Nonwoven Disposables 159
Personal Hygiene Product Outlook 160
Adhesives Demand 162
Other Manufacturing and Assembly 164
Packaging 167
Paper and Paperboard Packaging 170
Paper Packaging Industry Overview 170
Adhesives Demand 173
Case and Carton Sealing 174
Bags and Other Paper Packaging 175
Other Packaging 176
Flexible Packaging Industry Outlook 176
Adhesives Demand 179
Construction 180
Residential Building 184
Residential Building Construction Outlook 184
Adhesives and Sealants Demand 186
Nonresidential Building 188
Nonresidential Building Construction Outlook 189
Adhesives and Sealants Demand 191
Nonbuilding 193
Nonbuilding Construction Outlook 193
Adhesives and Sealants Demand 195
Consumer and Other 197

V. INDUSTRY STRUCTURE 200
General 200
Market Share 203
Merger and Acquisition Activity 207
Manufacturing 209
Marketing and Distribution 211
Competitive Strategies 212
Cooperative Agreements 214
Company Profiles 216
ADCO Global, see Royal Adhesives and Sealants
Adhesives Packaging Specialties, see Royal Adhesives
and Sealants
Adhesives Research Incorporated 217
Advanced Polymers International, see Royal Adhesives
and Sealants
Akzo Nobel NV 220
Arkema SA 222
Ashland Incorporated 228
Avery Dennison Corporation 230
BASF SE 233
Bemis Company Incorporated 237
Berquist, see Henkel
Berry Plastics Corporation 238
Bostik, see Arkema
Carlisle Companies Incorporated 240
Citadel Restoration and Repair, see RPM International
Cytec Industries Incorporated 243
DAP Products, see RPM International
Dow Chemical Company 246
Dow Corning Corporation 253
DuPont (EI) de Nemours 257
Elmer's Products Incorporated 260
EMS-Chemie Holding AG 262
Evans Adhesive Corporation Limited 264
Franklin International Incorporated 265
Fuller (HB) Company 268
Gardner-Gibson Incorporated 274
Geocel Holdings, see Sherwin-Williams
Grain Processing, see Kent
Henkel AG and Company KGaA 276
Henry Company 283
Hexion, see Momentive Performance Materials Holdings
Huntsman Corporation 286
Illinois Tool Works Incorporated 288
Ingredion Incorporated 295
ITW TACC, see Illinois Tool Works
Jowat AG 297
Kent Corporation 299
LORD Corporation 301
MACtac 304
Mapei SpA 306
Momentive Performance Materials Holdings LLC 309
Penford, see Ingredion
PPG Industries Incorporated 315
PRC-Desoto International, see PPG Industries
ProSpec Construction Products, see Fuller (HB)
Royal Adhesives and Sealants LLC 319
RPM International Incorporated 325
Rust-Oleum, see RPM International
Sherwin-Williams Company 332
Sika AG 336
ThreeBond Company Limited 339
3M Company 341
Total SA 345
Tremco, see RPM International
Wacker Chemie AG 346
West Development Group, see Henry

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 9
2 Personal Consumption Expenditures 12
3 Manufacturers' Shipments 16
4 Packaging Shipments 19
5 Construction Expenditures 21
6 Adhesives and Sealants Pricing Trends 31
7 Adhesives and Sealants Market, 2004-2014 32
SECTION III -- PRODUCTS
1 Adhesives and Sealants Demand by Product 38
2 Emulsion and Dispersion Adhesives and Sealants Demand 42
3 Polyvinyl Acetate Emulsion Adhesives and Sealants Demand
by Market 45
4 Acrylic Emulsion Adhesives and Sealants Demand by Market 48
5 Vinyl Acetate-Ethylene Emulsion Adhesives and Sealants
Demand by Market 50
6 Styrene-Butadiene Latex Adhesives and Sealants Demand
by Market 52
7 Polyvinyl Alcohol Dispersion Adhesives Demand by Market 53
8 Other Emulsion and Dispersion Adhesives and Sealants Demand
by Type and Market 55
9 Reactive Adhesives and Sealants Demand 57
10 Silicone Reactive Adhesives and Sealants Demand by Market 62
11 Polyurethane Reactive Adhesives and Sealants Demand
by Market 66
12 Epoxy Reactive Adhesives and Sealants Demand by Market 69
13 Polysulfide Reactive Adhesives and Sealants Demand by Market 72
14 Other Reactive Adhesives and Sealants Demand by Product and Market 75
15 Hot Melt Adhesives and Sealants Demand 78
16 Ethylene Vinyl Acetate Hot Melt Adhesives and Sealants Demand by Market 82
17 Polyethylene Hot Melt Adhesives and Sealants Demand by Market 84
18 Styrenic Block Copolymer Hot Melt Adhesives and Sealants Demand by Market 86
19 Thermoplastic Polyurethane Hot Melt Adhesives and Sealants Demand by Market 88
20 Other Hot Melt Adhesives and Sealants Demand 89
21 Solvent-Based Adhesives and Sealants Demand 91
22 Elastomeric Solvent-Based Adhesives and Sealants Demand by Type and Market 94
23 Polyvinyl Acetate Solvent-Based Adhesives and Sealants Demand by Market 99
24 Vinyl Chloride Polymer Solvent-Based Adhesives and Sealants Demand by Market 100
25 Other Solvent-Based Adhesives and Sealants Demand by Product and Market 102
26 Natural Adhesives and Sealants Demand 104
27 Starch and Dextrin Adhesives Demand by Type and Market 106
28 Protein Adhesives Demand by Type and Market 108
29 Cellulosics and Other Natural Adhesives and Sealants Demand by Type and Market 110
30 Other Adhesives and Sealants Demand 111
31 Bituminous Adhesives and Sealants Demand by Market 113
32 Sodium Silicate Adhesives Demand by Market 115
33 Polyvinyl Butyral Adhesives and Sealants Demand by Market 117
SECTION IV -- MARKETS
1 Adhesives and Sealants Demand by Market 120
2 Manufacturing and Assembly Markets for Adhesives and Sealants 123
3 Tape and Label Shipments 127
4 Tape and Label Market for Adhesives by Segment and Product 130
5 Motor Vehicle Indicators 134
6 Motor Vehicle Market for Adhesives and Sealants by Segment
and Product 138
7 Aerospace and Other Transportation Equipment Shipments 141
8 Aerospace and Other Transportation Market for Adhesives
and Sealants by Segment and Product 144
9 Furniture Shipments 146
10 Furniture Market for Adhesives by Product 149
11 Machinery Shipments 152
12 Machinery Market for Adhesives and Sealants by Product 154
13 Electrical and Electronic Product Shipments 156
14 Electrical and Electronic Markets for Adhesives and Sealants
by Product 159
15 Personal Hygiene Product Demand 162
16 Nonwoven Disposables Market for Adhesives by Product 164
17 Other Manufacturing and Assembly Markets for Adhesives
and Sealants 167
18 Packaging Markets for Adhesives 169
19 Paper Packaging Indicators 172
20 Paper and Paperboard Packaging Markets for Adhesives
by Segment and Product 174
21 Converted Flexible Packaging Demand 178
22 Other Packaging Markets for Adhesives by Product 180
23 Construction Markets for Adhesives and Sealants by Segment
and Product 183
24 Residential Building Construction Expenditures 186
25 Residential Building Construction Markets for Adhesives
and Sealants by Sector and User 188
26 Nonresidential Building Construction Expenditures 191
27 Nonresidential Building Construction Markets for Adhesives
and Sealants by Sector 193
28 Nonbuilding Construction Expenditures 195
29 Nonbuilding Construction Market for Adhesives and Sealants
by Sector 197
30 Consumer and Other Markets for Adhesives and Sealants
by Product 199
SECTION V -- INDUSTRY STRUCTURE
1 US Adhesives and Sealants Sales by Company, 2014 202
2 Selected Acquisitions and Divestitures 208
3 Selected Cooperative Agreements 215

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT
1 Adhesives and Sealants Market, 2004-2014 33
SECTION III -- PRODUCTS
1 Adhesives and Sealants Demand by Product, 2014 39
2 Emulsion and Dispersion Adhesives and Sealants Demand
by Product, 2014 43
3 Reactive Adhesives and Sealants Demand by Product, 2014 58
4 Hot Melt Adhesives and Sealants Demand by Product, 2014 79
5 Solvent-Based Adhesives and Sealants Demand
by Product, 2014 92
SECTION IV -- MARKETS
1 Adhesives and Sealants Demand by Market, 2014 121
2 Manufacturing and Assembly Markets for Adhesives
and Sealants, 2014 124
3 Packaging Markets for Adhesives, 2014 169
4 Construction Markets for Adhesives and Sealants, 2014 184
SECTION V -- INDUSTRY STRUCTURE
1 US Adhesives and Sealants Market Share, 2014 203

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Opportunity in Global Adhesives and Sealants Market 2016 (Water Based Adhesives, Solvent Based Adhesives, Hot-Melt Based Adhesives, Reactive and Other Based Adhesives) - Future Forecast till 2021

Opportunity in Global Adhesives and Sealants Market 2016 (Water Based Adhesives, Solvent Based Adhesives, Hot-Melt Based Adhesives, Reactive and Other Based Adhesives) - Future Forecast till 2021

  • $ 6750
  • Industry report
  • August 2016
  • by Feedback Business Consulting

This report provides an insight into the Opportunity in the Global Adhesives and Sealants Market the industry structure and practices. In depth market scenario includes current market size estimates, market ...

Global Adhesives and Sealants Market - Segmented by Technology, End-User Industries, Type and Geography - Trends and Forecasts (2016 - 2021)

Global Adhesives and Sealants Market - Segmented by Technology, End-User Industries, Type and Geography - Trends and Forecasts (2016 - 2021)

  • $ 6000
  • Industry report
  • October 2016
  • by Mordor Intelligence LLP

The global adhesives market was valued at USD 40,037.17 million in 2015 and is projected to reach USD 56,954.42 million by 2021, at a CAGR of 6.05%% during the forecast period, 2016 to 2021. The global ...

Industrial Adhesives Market by Type, Material Base, Composition, End-Use Industry, and Region - Global Forecast to 2021

Industrial Adhesives Market by Type, Material Base, Composition, End-Use Industry, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • September 2016
  • by MarketsandMarkets

The industrial adhesives market is projected to reach USD 53.37 billion by 2021 The industrial adhesives market is expected to grow from USD 41.47 billion in 2016 to USD 53.37 billion by 2021, at a CAGR ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.