Chemicals Used in Caulks and Adhesives for Construction to Exceed $2 Billion in 2003
Demand for chemicals used in construction caulks and adhesives will advance 5.0 percent annually to over $2 billion in the year 2003. These and other trends are presented in a 216-page study, Construction Chemicals, from The Freedonia Group, Inc., a Cleveland-based industrial market-research firm.
Overall demand for construction chemicals in the United States will advance 5.3 percent annually to $7.5 billion in the year 2003. While growth will slow from the pace set in the mid-1990s, advances will continue to be healthy based on the introduction of new formulations and expansion into new applications. In addition, the large repair and improvement market will offer steady growth opportunities, especially for products that are easy-to-use, environmentally acceptable and cost-effective.