US demand to rise 2.2% annually through 2017
US demand for adhesives and sealants will grow 2.2 percent per annum to 9.8 billion pounds in 2017, valued at $11.8 billion. Gains will be driven by a better outlook for major Adhesives and Sealants markets such as paper packaging, motor vehicles, and building construction, following the recession-plagued 2007-2012 period. Demand will also benefit from trends toward increased usage of adhesive bonding compared to alternative joining technologies, such as mechanical fasteners, in product assembly applications. However, advances will be limited by trends toward high solids formulations and lower application weights, as well as market maturity and sluggish growth in a number of leading applications.
US demand for adhesives and sealants will grow 2.2 percent per annum to 9.8 billion pounds in 2017, valued at $11.8 billion. Gains will be driven by a better outlook for major Adhesives and Sealants markets such as paper packaging, motor vehicles, and building construction, following the recession-plagued 2007-2012 period. Demand will also benefit from trends toward increased usage of adhesive bonding compared to alternative joining technologies, such as mechanical fasteners, in product assembly applications. However, advances will be limited by trends toward high solids formulations and lower application weights, as well as market maturity and sluggish growth in a number of leading applications.
To Know More : Adhesives & Sealants to 2017
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