Ceresana report on the European adhesives market
February 6, 2023Failures can become success stories. Cyanoacrylate was
completely unusable as a transparent plastic – but as a superglue, the
fast-curing material is now constantly inspiring new users: doctors use it to spray
wound dressings, forensic technicians secure fingerprints, demonstrators glue
themselves to roads. Adhesive technology is highly innovative and is conquering
more and more areas of application. Ceresana has now examined the market for
adhesives in Europe for the fifth time: In 2021, the total demand of vinyl,
acrylic, polyurethane, elastomer, epoxy and other adhesive types in 22 European
countries, including Russia, the Caucasus and Turkey, amounted to around 3.2
million tonnes.
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.
Wanted: environmentally friendly adhesives
Adhesives sometimes contain large quantities of
solvents that can evaporate from bonded surfaces or from containers. Organic
solvents, especially aromatic hydrocarbons such as xylene or toluene, are not
only a fire hazard but also a health hazard because their vapors are addictive
and can cause cancer. For this reason, more environmentally compatible
alternatives are increasingly being sought. In Europe, water-based adhesives
already accounted for around 52% of total consumption in 2021. If an adhesive
contains only water as a solvent, however, preservatives have to be added,
which in turn can be problematic for people with allergies.
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: waterborne adhesives, hot melts,
solvent-borne adhesives, reactive adhesives and other technologies. Chapter 2
thoroughly analyzes the different applications of adhesives, their respective
data and influencing factors: paper and packaging, construction, wood
processing, transportation, shoes and leather, consumer products, other
applications. It also looks at demand for individual adhesive types: Vinyl,
Acrylic, Polyurethane (PUR), Elastomers, Epoxy and other adhesives. Chapter 3
provides a useful manufacturer directory with the 83 most important adhesive
producers in Europe, clearly arranged by contact details, revenues, profits,
product range, production sites, brief profile and specific information on
adhesives. Further information on the new market study “Adhesives –
Europe”: https://ceresana.com/en/produkt/adhesives-market-report-europe