US Adhesive Market - Trends, Analysis and Forecast to 2025
According to the report, the value of adhesive production in the U.S. amounted to $13.0B in 2016, jumping by +4.0% Y-o-Y. Overall, the U.S. adhesive output pursued a prominent growth from 2007 to 2016. The total output figures increased at an average annual rate of +2.8%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2011, when the value of production increased by +12% Y-o-Y. Over the period under review, the output figure with regard to adhesive reached its maximum level in 2016, and is likely to continue its growth in the upcoming years.
Synthetic resin and rubber adhesives, including all types of bonding and laminating adhesives constituted the major product category in the U.S. adhesive manufacturing, with a share in total output standing near 61% in 2016. Nonstructural caulking compounds and sealants lagged far behing, accounting for only the 19% share. The other related products together comprised approx. 20% of the total output. From 2008 to 2016, the value of shipments of synthetic resin and rubber adhesives, including all types of bonding and laminating adhesives rised at an average annual rate of +1.9%. At the same time, the output of nonstructural caulking compounds and sealants expanded by an average +2.8% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. adhesive industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the adhesive industry. The report provides a forecast of the expected changes in the adhesive market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the adhesive trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Natural base glues and adhesives; Synthetic resin and rubber adhesives, including all types of bonding and laminating adhesives; Structural sealants (load-bearing); Nonstructural caulking compounds and sealants; Adhesive manufacturing, nsk, total.
Saint-Gobain Corporation, Lord Corporation, H.B. Fuller Company, Tremco Incorporated, Morton Salt, Rogers Corporation, Mapei Corporation, Fairmount Santrol Inc., Bostik, Elmer's Products, Dap Products Inc., Adhesives Research, Sika Corporation, Royal Adhesives and Sealants LLC, Whitford Worldwide Company, Stahl (usa) Inc., C.W. Matthews Contracting Co., Ips Corporation, Custom Building Products, Morgan Adhesives Company, Adco Global, Morton International, PRC - Desoto International, Sanford, Indopco, National Starch and Chemical Holding Corporation, Berwind Consumer Products, DSM Finance USA Inc., Covalence Specialty Adhesives, Royal Holdings, DSM Holding Company Usa, Lj/Hah Holdings Corporation, Rust-Oleum Corporation.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
- International official statistical agencies
- Governmental statistical agencies
- Official trade statistics
- Paid trade databases
- Industrial associations
- Company reports
- Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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