TAGS: Sealants
FEICA publishes the seventh edition of the market study titled ‘The European Adhesives and Sealants Market 2021-2026: A quantitative demand analysis and trend forecast’. The market report is prepared by Smithers on behalf of FEICA, the Association of the European Adhesive and Sealant Industry.
Study Commissioned in 2021 Due to COVID-19
Due to the impact of the COVID-19 pandemic on the EU market, FEICA commissioned this latest edition in 2021. The market is defined for the year 2020, and a demand forecast for the period 2021-2026 is also provided. The statistical data are reported in tonnes and euro currency.
The FEICA market study provides indispensable insights to help companies better position themselves for success in today’s challenging business environment. The geographic scope of the study encompasses Europe, including Western Europe, Central and Eastern Europe (CEE) and Turkey. The European region is split into 5 regional markets, which are analyzed by market segment and product category.
The Study Follows FEICA-ASC-CATIA Adhesives & Sealants Classification Manual
The FEICA market study is the only adhesives and sealants report based on primary research, drawing its data from direct interviews with stakeholders in the adhesive and sealant industry. As such, it has established itself as the industry’s definitive European reference guide.
The study follows the harmonized FEICA-ASC-CATIA Adhesives and Sealants Classification Manual. Furthermore, the 200+ page report is structured in such a way as to facilitate international comparisons between Europe, NAFTA and the Asia-Pacific region. The markets of the latter two regions are analyzed in separate companion reports offered by the Adhesive and Sealant Council (ASC).
Kristel Ons, FEICA Secretary-General, stated “
The European adhesives and sealants market is forecast to grow to €22.2 billion by 2026, at a compound annual growth rate (CAGR) of 3.6 % for 2021-26. In the upcoming years, there will be a continued strong demand for safe, recyclable, sustainable adhesives and sealants products, where price and quality remain key.”
Source: FEICA