TAGS: Sustainability / Natural Adhesives Sealants Reactive Adhesives
The market study program, titled ‘The European Adhesives and Sealants’, will be launched at the 2023 European Adhesive & Sealant Conference and EXPO, which takes place in Tarragona, Spain, from 13 to 15 September 2023. The report has been prepared by Smithers on behalf of FEICA, the Association of the European Adhesive and Sealant Industry.
Help Companies Better Position Themselves
The European Adhesives and Sealants Market 2023-2028 is FEICA’s eighth edition of the report and covers the period 2023-2028. With much disruption and uncertainty in the marketplace today, it is crucial to get an accurate picture of the market.
The report 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. This study discusses the factors influencing market growth by material type/process, end-use, and region.
Study Covers Industry Challenges & Issues
The aim of this program is to provide market statistics from an independent source which are updated at regular intervals. Based upon extensive desk and primary research and expertise checked by industry experts, the outlook to 2028 will cover a range of industry challenges and issues, and highlight opportunities for growth in a fast-changing market.
Some of the research shows that adhesives based on polymer dispersions and emulsions are the largest product group used in Europe with over 45% share of volume demand in 2022, and reactive adhesives are forecast to exhibit the fastest growth rate in the next five years up to 2028. This growth comes from an increased demand from high-performance applications, such as adhesives used to replace mechanical fastenings in assembly operations. Adhesives based on natural polymers are also forecast to see strong growth to 2028 due to an increased demand for sustainable materials.
The brand new FEICA market study gives detailed forecasts and can be ordered via FEICA’s website. It will be available (digitally only) from mid-September 2023. Its official launch will take place at the 2023 European Adhesive & Sealant Conference and EXPO, where Adam Page (Smithers) will give a presentation on the report on Thursday 14 September at 14:00. You can register for the event via FEICA’s website.
Facilitate International Comparisons
The study follows the harmonized FEICA-ASC-CATIA Adhesives and Sealants Classification Manual. Furthermore, the 300+ 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).
The market size is defined for the year 2022, and a demand forecast for the period 2023-2028 is also provided. The statistical data are reported in tons and euro currency.
Kristel Ons, FEICA secretary general, stated “
There is increasing demand from consumers and from brand-owners aiming to improve their environmental credentials for greater use of sustainable materials in the products they buy or make. Adhesives and sealants are no exception and are, in fact, enablers of the circular economy”.
Adam Page, director of research and reports at Smithers added “
The market study provides a robust view of the European adhesives and sealants market, with quantitative market data, upcoming market trends and expert insight into key market drivers.”
Source: FEICA