Market Study: Adhesives

The new study of Ceresana Research gives a concise overview of the different types of adhesives and offers an analysis of the adhesive market in 31 European countries. According to the study, Germany accounts for about 18.5 % of all demand, followed by France, Italy and the UK. Ceresana expects that the adhesives revenue in Europe will reach EUR 8.25 billion by 2017. Above average increases of 2.7 – 4.8 % were achieved on the sales markets in Russia, Poland, and Turkey.

In Western Europe, the demand for adhesives is especially growing in Germany, Finland, and Sweden. Paper, packaging, and the construction industry are the most important fields of application. The demand of these three areas makes up more than 58 % of the adhesives manu­facturing. Ceresana anticipates that the demand for adhesives in medical engineering and the automobile, electrical and electronics industry will see growth rates of 2.7 – 3.8 %. Especially manufacturers of acrylate adhesives, which are needed for cars and rail vehicles, are expected to profit from the industry’s good economic development.