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Follow on Google News | Solidified figures: Ceresana report on the European adhesives marketCeresana has now examined the market for adhesives in Europe for the fifth time
By: Ceresana Proven and innovative applications The most important sales market for adhesives is the paper and packaging segment, which accounts for around 30% of total European demand. Due to stagnating private consumption, Ceresana market researchers do not expect a recovery in this area until 2024. The construction industry, the second largest market for adhesives, is also currently experiencing a significant slump. The automotive industry, which is increasingly replacing screws, rivets and welding with adhesives, is also relying on innovative joining technology: Around 18 kilograms of adhesives are used in a new car, and around 250 kilograms in a bus - from the protective layers of the battery cells to the crash-proof windows. Adhesives enable lightweight construction not only in aircraft, but also in ships, for example. Other major applications for adhesives are wood processing, leather, shoes and other consumer products. Sticky vinyls The most significant adhesive type in terms of volume is currently vinyl products, which offer a particularly wide range of applications. The most important grades include adhesives based on polyvinyl acetate (PVAC). Additionally, polyvinyl acetate is used to produce polyvinyl alcohol (PVA), which is also used as an adhesive for porous materials such as paper, cardboard, wood, cork or leather. The main consumers of vinyl adhesives are the paper, packaging, wood products and construction industries. They mainly use water-based products and hot melt adhesives. Current market data on adhesives Chapter 1 of Ceresana's new study provides a comprehensive presentation and analysis of the European adhesives market - including forecasts up to 2031: for each country, the development of sales, demand per application, trade, and production are detailed. For the 8 largest countries in Europe, market data is broken down in detail for the different adhesive types and adhesive technologies: Information on the new market study "Adhesives - Europe": https://ceresana.com/ End
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