BETHESDA, MD – The Adhesive and Sealant Council (ASC) released its North American Market Report (NAMR) for Adhesives and Sealants, a report published every three years. This report spans the 2010-2013 time period. The NAMR covers market size and scope for both adhesives and sealants and includes forecasting and trends analysis.
ASC estimates the global adhesives and sealants market at $40.5 billion in sales, with 3.3 percent annual growth rate through 2013. ASC estimates the North American adhesives and sealants market at $11.1 billion, with 2.2 percent annual growth rate through 2013.
“The market report comes out in an economic climate that might be considered ‘optimistic uncertainty’, with general business conditions and sales forecasts showing positive signs, but unemployment and a slower than expected recovery for important market segments causing some anxiety,” said Matthew E. Croson, President of ASC. “That said, most markets are forecasted to grow, with emphasis on end-use categories including packaging, building and construction, and footwear, while transportation will have slower growth.”
In addition to the market size and forecasts, the report includes sections detailing the breakdown by market segment, including global demand by market segment. The report also outlines what technologies are leveraged in the marketplace, and it outlines global demand by polymer type.
The ASC North American Market Report is produced on behalf of the council by DPNA International, a leading market analyst and research firm that is also an affiliate member of the council. The data within the report was collected using primary research and market reports from a variety of sources and in collaboration with several trade organizations. Visit www.ascouncil.org/news/reports/marketreport11.cfm for additional information.
Adhesive and Sealant Council Releases Market Report
June 19, 2011