Adhesive manufacturers will continue to rely on the performance of other industries to sustain demand for their products. Most notably, the automobile and construction sectors will improve after significant declines, stimulating demand for adhesives. While manufacturers will be threatened by high resin prices, the increase will not be substantial enough to offset revenue growth. In the five years to 2021, key buying industries' production levels are expected to increase, supporting demand for adhesives.
This industry manufactures adhesives, glues and caulking compounds. Adhesives are materials that are initially fluid or semifluid, but when placed between two opposing solid materials, they become solids. They bond to the surfaces they are applied to and prevent joint movement. This industry excludes asphalt, dental and gypsum-based adhesives.
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.