Adhesive Manufacturing in the US
Operators in the Adhesive Manufacturing industry produce adhesives, glues and caulking compounds. Over the five years to 2019, the industry is expected to experience marginal growth, aided by increased demand for industry goods from downstream markets. Due to volatility in the price of input materials, operators have experienced significant fluctuations in profit, contributing to heightened consolidation activity. Moreover, this volatility has somewhat stifled revenue growth, as operators were forced to lower their selling prices to remain competitive. Over the five years to 2024, revenue is forecast to rise at a subdued pace. While the price of key input materials is largely forecast to stabilize, demand from certain downstream industries is anticipated to wane. As a result, operators will increasingly rely on different downstream manufacturing markets, such as aircraft manufacturers, to buoy revenue growth.
The Adhesive Manufacturing 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.
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