Adhesive Manufacturing in the US - Industry Market Research Report
- May 2017
- 37 pages
- Report ID: 198405
Sticking together: Growing downstream markets will support demand for industry products
Adhesive Manufacturing in the US
Over the five years to 2017, the Adhesive Manufacturing industry has grown marginally, aided by increased demand for industry goods in downstream markets. Much like other manufacturing industries, the Adhesive Manufacturing industry has experienced a drag from decreasing net exports over the five-year period. Furthermore, falling oil prices have driven down the price of plastic resin, the industry's largest input cost. This has in turn lowered purchase costs for operators and has driven profit margins to expand steadily. Over the five years to 2022, revenue is forecast to grow at a slower rate compared with the previous five-year period. Key buying industries' production levels are expected to increase, supporting demand for adhesives. While industry revenue is projected to grow, the growth in the numbers of companies and establishments are anticipated to remain limited. New entrants are offset by merger and acquisition activity.
This industry manufactures adhesives, glues and caulking compounds. Adhesives are materials that are initially fluid or semifluid, but when placed between two opposing solid materials, they become solids. They bond to the surfaces they are applied to and prevent joint movement. This industry excludes asphalt, dental and gypsum-based adhesives.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.