Adhesive Manufacturing in Australia - Industry Market Research Report
Description
Adhesive Manufacturing in Australia
The Adhesive Manufacturing industry has faced transformations thanks to technological advancements, changing environmental regulations and shifting customer demand. Ongoing weak demand from particular market segments has hurt the industry. Motor vehicle manufacturing in Australia collapsed, reducing demand for structural adhesives and lowering industry revenue. Fluctuating demand from the construction sector has compounded these adverse effects, as has the COVID-19 pandemic and its associated impacts on the Australian economy. Overall, revenue is expected to decline at an annualised 5.6% to $573.4 million over the five years through 2023-24. This trend includes a drop of 3.5% in the current year.
Industry firms primarily manufacture synthetic glues, adhesives (except bituminous adhesives) and other bonding materials made from organic products. Businesses and households use adhesives for several applications, from automotive, engineering and aerospace to bonded communications, footwear and bonded houses. Many downstream industries use industry products as key raw material inputs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Adhesive Manufacturing industry has faced transformations thanks to technological advancements, changing environmental regulations and shifting customer demand. Ongoing weak demand from particular market segments has hurt the industry. Motor vehicle manufacturing in Australia collapsed, reducing demand for structural adhesives and lowering industry revenue. Fluctuating demand from the construction sector has compounded these adverse effects, as has the COVID-19 pandemic and its associated impacts on the Australian economy. Overall, revenue is expected to decline at an annualised 5.6% to $573.4 million over the five years through 2023-24. This trend includes a drop of 3.5% in the current year.
Industry firms primarily manufacture synthetic glues, adhesives (except bituminous adhesives) and other bonding materials made from organic products. Businesses and households use adhesives for several applications, from automotive, engineering and aerospace to bonded communications, footwear and bonded houses. Many downstream industries use industry products as key raw material inputs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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