Adhesives Mag logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Adhesives Mag logo
  • NEW PRODUCTS
  • NEWS
    • Adhesives & Sealants Headlines
    • Mergers/Acquisitions
    • Events Calendar
    • Market Trends
  • TOPICS
    • Finished Adhesives and Sealants
    • Pressure-Sensitive Adhesives (PSAs)
    • Coatings
    • Raw Materials and Chemicals
    • Materials Handling/Processing
    • Meter/Mix/Dispense
    • Curing
    • Testing/Quality Control
    • Packaging of Adhesives & Sealants
    • Converting/Packaging
    • Composites
    • Sustainability
  • COLUMNS
    • European Perspectives
    • Strategic Solutions
    • Supply Chain Strategies
    • Tape Talk
  • TOP 20
  • MULTIMEDIA
    • Videos
    • Podcasts
    • Webinars
    • eBooks
  • EXPLORE
    • Adhesives in Action
    • Blog
    • ASI Store
    • Industry Links
    • Market Research
    • Classifieds
  • DIRECTORIES
    • Buyers' Guide
    • Global Adhesives & Sealants Directory
    • Raw Materials, Chemicals, Polymers and Additives Handbook
    • Equipment Handbook
    • Distributor Directory
  • EMAGAZINE
    • EMAGAZINE
    • ARCHIVE ISSUES
    • ADVERTISE
      • Custom Content & Marketing Services
    • CONTACT
  • SIGN UP!
Adhesive & Sealant Products

FREEDONIA GROUP: Specialty Adhesives Study (11/2/09)

November 2, 2009
U.S. demand for specialty adhesives is projected to expand 4.4% annually to $3.0 billion in 2013, according to a new study by the Freedonia Group.

U.S. demand for specialty adhesives is projected to expand 4.4% annually to $3.0 billion in 2013, with volume reaching 705 million pounds. Overall demand will benefit from real (inflation-adjusted) growth in durable goods output following a period of decline between 1998 and 2008. In terms of market volume, specialty adhesives are a small component of the overall adhesive industry, representing about 5% of U.S. adhesive demand in 2008.  However, specialty adhesives are more significant with respect to market value, accounting for 28% of overall adhesive demand due to their relatively high prices. Among specialty adhesive product types, cyanoacrylates are expected to achieve the fastest gains in market value through 2013, due primarily to rapid growth in the medical field, particularly in medical device and tissue adhesive applications. These and other trends are presented in Specialty Adhesives, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.

Manufacturing and assembly operations represent the largest major market for specialty adhesives, accounting for four-fifths of demand in 2008. Advances will be fueled by continued strong growth in the medical product market, where specialty adhesives find use in the manufacture of medical devices, transdermal patches and medical tape. The automotive market will also drive gains as motor vehicle output rebounds from the significant declines of the 2003-2008 period. 

The on-site construction market is forecast to increase rapidly through 2013, supported by accelerating construction activity. Specialty adhesives are used in both building and non-building construction applications.  Growth will be fueled by new housing activity, which is forecast to achieve double-digit annual gains as it rebounds from the significant declines of the 2003-2008 period. 

Demand for specialty adhesives in other markets is expected to advance at an above-average rate through 2013.  These applications encompass the use of specialty adhesives in automotive repair, construction repair and remodeling, and miscellaneous uses.  The repair and remodeling segment will expand at a healthy rate, aided by an acceleration in home improvement and repair activity.  However, growth in the automotive aftermarket will be limited by the improved outlook for motor vehicle sales, which will restrain automotive repair activity.  Among miscellaneous uses, advances will be led by tissue adhesives, which will benefit from greater use in place of traditional wound closure methods.

For more information, please contact Corinne Gangloff by phone (440) 684-9600, fax (440) 646-0484 or e-mail at pr@freedoniagroup.com. Information may also be obtained through www.freedoniagroup.com.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • mouse in hole

    Using Foam Sealants for Pest Prevention

    According to the National Pest Management Association,...
    Adhesives and Sealants Topics
    By: Kevin Corcoran
  • linked network nodes

    Using the Power of AI for Adhesive and Sealant Formulation

    With the help of software solutions, adhesive formulators...
    Raw Materials and Chemicals
    By: Karen Parker
  • top20-hero.jpg

    2024 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants

    ASI's annual ranking of the top 20 global adhesive and...
    Finished Adhesives and Sealants
Manage My Account
  • eMagazine Issues
  • eNewsletter
  • Online Registration
  • Manage My Preferences
  • Subscription Customer Service

More Videos

Popular Stories

Picture of a tub and a tube of an epoxy

CREATIVE MATERIALS INC.: Conductive Epoxies

cardboard packaging

Utilizing Biobased Materials to Enable Sustainability in Hot-Melt Pressure-Sensitive Adhesives

rolls of tape

What’s Next in Tapes: A Look at Industry Trends

ASI Top 20 website

Events

January 1, 2030

Webinar Sponsorship Information

For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com.

View All Submit An Event

Products

Structural Adhesives: Properties, Characterization and Applications

Structural Adhesives: Properties, Characterization and Applications

See More Products

ASI CASE EBOOK

Related Articles

  • Market Reports

    Freedonia Group Predicts Adhesives and Sealants Market to Reach $81 Billion by 2025

    See More
  • SAUEREISEN: Web Site/Brochure (11/2/09)

    See More
  • Lintech International Names Crow to Sales Group (6/11/09)

    See More

Related Products

See More Products
  • 9780080447087.jpg

    Volume 2: Handbook of Adhesives and Sealants, 1st Edition

See More Products
×

Keep the info flowing with our eNewsletters!

Get the latest industry updates tailored your way.

JOIN TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey & Sample
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Youtube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing