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The South African adhesives and sealants industry has shown a marked decline in both production and earnings over the past five years. While the industry continues to avoid publication of actual statistics, it admits that both revenue and production figures for 2013 were below those for 2009. At that time annual production was estimated at 30,000 tonnes, and annual earnings at close to R1bn. The drop in output has occurred against the background of steadily increasing demand for higher quality, lower-priced and more sustainable consumer products. In stark contrast, the global adhesive and sealant industry is riding a wave of success. Research company predictions agree that it will witness strong growth with regard to both volume and revenue over the coming six years, fuelled by technology developments and dominated by the Asia-Pacific region.
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