Coatings, Adhesives, Sealants and Inks Continue to Grow
The global consumption of coatings, adhesives, sealants and inks (CASI) is being driven primarily by construction applications.
Global consumption of coatings, adhesives, sealants and inks (CASI) was 54.1 million tons in 2014, worth $182.6 billion, according to Kusumgar, Nerlfi & Growney. Volume growth is forecast at a 5% annual rate, with coatings, adhesives and sealants matching the overall growth, but inks trailing at only 2% per year.
As shown in Figure 1, the coatings industry is the largest segment and accounts for 69% of the value. Adhesives are second with a 16% share, followed by inks at 10% and sealants with 5%.