Demand for adhesives in North America will continue to grow

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A US researcher revealed that the adhesive and sealant market in North America is expected to grow at a rate of about 3%, at least until 2007.

In 2005, the demand for adhesives and sealants in North America reached 7.389 billion pounds, and it is expected to reach 7.823 billion pounds in 2007, with an average annual growth rate of 2.9%. The sectors with the greatest demand for adhesives are paper, board and related products, which grew by 3% between 2003 and 2005 and are expected to continue to grow by 3.5% during 2005-2007.

Paper, board and related products accounted for more than half of the entire North American adhesives and sealants market, with a demand of 3.618 billion pounds. Includes packaging products such as paper, plastic bags and envelopes, dry (wet) laminates, book binding, non-woven fabrics (such as disposable diapers and surgical suits), labels, bags, decals, logos, and stamps.

The construction market is the second largest market for adhesives. In 2005, the sales volume was 1.03 billion pounds. The demand growth in 2005 was 3.1%, reflecting the increase in commercial construction and reconstruction in the South after Hurricanes Katrina and Rita.



Source: Universal Polyurethanes

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