Raw materials and chemicals are the building blocks of every adhesive and sealant formulation. Our annual “Raw Materials and Chemicals Overview” examines some common chemicals and raw materials used in adhesives, sealants and coatings.
The U.S. adhesives market reached $15.8 billion in 2016; sealants grew to $2.4 billion. Volume growth in each appears to be less than 2% from our interviews of industry participants. Figure 1 shows a breakdown of the U.S. market by end use in terms of value.