U.S. demand for adhesives and sealants will grow 2.2% per annum to 9.8 billion pounds in 2017, valued at $11.8 billion, according to a new Freedonia report.
Gains will be driven by improved outlook for major adhesives and sealants markets such as paper packaging, motor vehicles, and building construction, Adhesives and Sealants finds.
“Demand will also benefit from trends toward increased usage of adhesive bonding compared to alternative joining technologies, such as mechanical fasteners, in product assembly applications.” (…)
via Report: US Adhesives Demand To Rise 2.2% Annually – Global Fastener News – USA.