Formulated adhesive consumption in Asia was 6.6 billion pounds in 2008 valued at just over $7 billion. Sealant consumption was 870 MM lb worth $1.44 billion. Adhesives and sealants are each forecast to advance 6%/yr through 2013. Pressure sensitive adhesives are the largest end use representing about one-third of the adhesive and sealant volume in 2008 and just over one-fifth of the value. Construction adhesives and sealants are second with 13% of the pounds and 17% of the dollars. Construction and automotive adhesives and sealants, along with electronic adhesives, are the end uses that have been most hurt by the global economic slowdown. Packaging, disposables and consumer are end uses that have held-up better.
The above information is contained in Kusumgar, Nerlfi & Growney’s just completed study, Asian Adhesives & Sealants, 2008-2013. For more information contact the company by calling 973-439-0030 or by email at email@example.com.