Ceresana analyzes
adhesives and sealants market
During their development, adhesives have
gained a strong position in more and more
production processes. There is hardly any
product in our surroundings that does not
contain at least one adhesive - be it the
label on a beverage bottle, the protective
film on an automobile or the profile on
window frames.
Market researchers from Ceresana expect a revenue of almost US$50 billion for
the global adhesives market in 2019. Especially the dynamic economic development in
emerging countries such as China, India,
Russia and Brazil will stimulate further
growth in demand for adhesives. The market
research institution expects demand to rise
by 2.9 percent per annum in the next eight
years, meaning that growth will even accelerate when compared to the last eight years.
Dynamic growth rates cause demand in
Asia-Pacific to grow rapidly, being the
worldwide largest share with more than a
third of total demand. Ceresana forecasts
that Asian countries will gain further
shares of the global adhesives market in
the future at the expense of the already saturated markets in the developed countries
of North America and Western Europe.
Emerging and developing countries already profit by increasing demand, especially in the construction and wood
processing industries.
While it was once necessary to reinforce adhesive joint with other joining
technology, nowadays high-performance
adhesives can undertake structural tasks
by themselves. “Even in applications that
demand a high degree of integrity of the
construction, for example in aircraft construction, adhesives reached a level that
allow for a more widespread use,” said
Oliver Kutsch, Ceresana CEO.
The major product group is adhesives
based on vinyls the report says. Almost
3. 5 million tons of this type was demanded worldwide in 2011. An above-av-erage growth of more than three percent
per annum is expected for the demand for
acrylic-based adhesives in the period from
2011 to 2019.
More than half of the adhesives demanded on a global level in 2011 were
water-based and a continuing increase in
demand over the next eight years is forecast, as more and more solvent-based adhesives are replaced by other technologies.
Changes due to ecological aspects will
have effects on both the production
processes of adhesives as well as on further
substitutions of various types of adhesives.
The production of adhesives based on renewable biological products will lead to an
independence from oil and improve the CO2
balance. Additionally Western Europe and
North America will continue to decrease the
emission of volatile organic compounds
(VOC) into the environment. The avoidance
of solvent-based products will generate
growth impulses, mainly in the areas of hot-melts and water-based adhesives.
As classic sales markets continue to decrease in importance, a continuing modernization is necessary. Numerous investments
enrich the market for adhesives. According
to the report the use of adhesives will develop on the various sales markets and the
strongest demand so far comes from the
packaging and construction industries. Following at a notable distance is the wood processing industry. Then follow the footwear
and leather as well as transport industries
and the production of consumer goods. Adhesives are used in a variety of industrial applications: in the electric and electronic
industries; as special industrial adhesives; or
in textiles, sports goods, toys and in medical
applications. With an estimated growth of
3. 4 percent per annum the construction sector will become the single largest sales market for adhesives in 2019 the report says.
BCC Research says medical
device coating market to reach
$8bn by 2017
The study examines the medical device
coating and surface modification treatment
industry, a global enterprise that BCC Research anticipates will reach nearly $8 bil-
lion by 2017. It describes the eight coating
and surface treatment technologies that add
value to more than 1,000 types of medical
devices used in 19 healthcare areas. Forecasts for each healthcare area project demand from 2012 through 2017. In addition
to global summaries, separate forecasts are
provided for the United States, the European Union, other developed nations and
the rest of the world.
In the six years since BCC Research undertook its first comprehensive study of the
medical device coatings and surface modification treatment industry, the business has
responded to a shifting balance of driving
and limiting forces originating from within
and outside the healthcare and coating
communities. During that time, the fast
pace of technological advances that originally drove the industry has slowed.
While innovation continues, its focus has
shifted away from new coating materials to
improving products already in use. The regulatory environment likewise evolved. Requirements that were vague at the beginning
of the new century formalized with the creation of a new U.S. Food and Drug Administration (FDA) office created to oversee
so-called combination products. Earlier this
year (2012), the National Academy of Sciences’ Institute of Medicine (IOM), the nation’s leading independent authority on
medical science, called for a complete overhaul of the FDA regulatory process through
which new products come to market. The
announcement came as new studies raised
questions not only about the comparative efficacy of two major types of coated metal
products, arterial stents and artificial hip
joints, but also the FDA’s mechanism for
identifying poorly performing products.
Against that backdrop of regulatory
uncertainty, the industry has been forced
to confront unanticipated economic
times stemming from the “jobless recovery” following the 2008 recession and
the sovereign debt crisis in Europe.
Greater regulatory and economic uncertainty looms on the horizon. CW
