by Corinne Gangloff
May 11, 2018
Demand for reactive adhesives and sealants is projected to rise 3.0% per year to 1.3 billion pounds in 2022, valued at $4.8 billion. The leading reactive adhesive and sealant chemistries are silicones, polyurethanes, epoxies, and polysulfides. Demand for reactive silicone adhesives and sealants is projected to advance 2.8% yearly to 446 million pounds in 2022, valued at $1.6 billion. These and other trends are presented in Adhesives & Sealants in the US, 3rd Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Key factors boosting gains for silicone chemistries include:
Overall demand for adhesives and sealants is projected to rise nearly 2% per year to 6.5 billion pounds in 2022. Growth will be boosted by the continuing transition in manufacturing, assembly, and construction from mechanical fastening to adhesive bonding. According to analyst Christine O’Keefe, “The use of novel composites and plastics in the manufacture of motor vehicles and aerospace equipment will increase”. The industry will continue to shift away from solvent-based formulations to higher value, more sustainable, and user-friendly products.
Adhesives & Sealants in the US, 3rd Edition (published 4/2018, 217 pages) is available for $5700 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email [email protected].
Related studies include:
#3615 Construction Chemicals in the US, 7th Edition (February 2018)
#3608 Silicones Market in the US (February 2018)
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