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Last Updated Wednesday, October 7 2015

Ceresana analyzes the adhesives market

Published April 5, 2011
Market research institute Ceresana Research, Konstanz, Germany, has published a report that analyzes the European adhesives market. According to Ceresana, Germany accounts for approximately 18.5 percent of all demand for adhesives in Europe, followed by France, Italy and the UK. However, the highest growth rates are seen in Russia, Poland and Turkey. The firm said it expects European adhesives revenue will rise to €8.25 billion by 2017. 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. New constructions and publicly financed infrastructure projects play an essential role for the demand for adhesives in the construction industry. Due to EU subsidies, this effect can be felt more clearly in Eastern than in Western Europe. An ongoing trend is the enhancement of energy efficiency and a reduction in CO2 emissions. Adhesives are increasingly needed for the renovation of buildings.

Ceresana Research anticipates that the demand for adhesives in medical engineering and the automobile and electronics industry will see growth rates of 2.7 percent to 3.8 percent. Especially manufacturers of acrylate adhesives, which are needed for cars and rail vehicles, are profiting from the industry’s good economic development. The same applies to epoxy resin adhesives that are additionally used in aircraft construction. Radiation curing adhesives are expected to record considerable growth in the electrical and electronics industry. In general, environmentally friendly adhesives are gaining importance.

The study provides a concise overview of the different types of adhesives and offers an analysis of the adhesives market in 31 European countries. It highlights the most important fields of application individually, such as wood processing, the automotive industry, shoes and leather, but also technical textiles, sports articles, toys and medical applications. The index of manufacturers in Volume II provides 199 profiles of adhesive producers from 28 countries. The report, available in English or German, forecasts market opportunities and risks until 2017. For more info visit www.ceresana.com/en/market-studies/industry/adhesives.

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