The Adhesive & Sealant Council (ASC) 2012-2015 North American Market Study
Table of Contents i
TABLE OF CONTENTS
Contents LIST OF TABLES ................................................................................................................... III
LIST OF FIGURES ................................................................................................................. VI
FOREWORD ........................................................................................................................ IX
INTRODUCTION ................................................................................................................... X
DEFINITIONS ....................................................................................................................... XI
CLASSIFICATION MANUAL ..................................................................................................................... XII
TERMINOLOGY, UNITS AND CONVERSION FACTORS ............................................................. XXIII
HARMONIZED CODES ............................................................................................................................ XXIV
I. GLOBAL ADHESIVE & SEALANT INDUSTRY SUMMARY ........................... 1
WORLD MARKET OVERVIEW .............................................................................................. 5
THE BRICS ............................................................................................................................ 7
WORLD MARKET SEGMENTS .............................................................................................. 9
TEN TOP GLOBAL SUPPLIERS ............................................................................................ 13
II. NORTH AMERICA ................................................................................. 15
ADHESIVES ..................................................................................................................................................... 18
SEALANTS ....................................................................................................................................................... 22
UNITED STATES ................................................................................................................. 27
ADHESIVES ..................................................................................................................................................... 31
SEALANTS ....................................................................................................................................................... 48
ELECTRONICS ADHESIVE MARKET (EXPANDED SECTION) ..................................................... 63
CANADA ............................................................................................................................ 69
2012-2015 North American Market Study The Adhesive & Sealant Council (ASC)
ii Table of Contents
ADHESIVES ..................................................................................................................................................... 73
SEALANTS ....................................................................................................................................................... 79
MEXICO ............................................................................................................................. 85
ADHESIVES ..................................................................................................................................................... 89
SEALANTS ....................................................................................................................................................... 95
III. LATIN AMERICA ................................................................................. 101
ADHESIVES ................................................................................................................................................... 105
SEALANTS ..................................................................................................................................................... 112
IV. EMEA ................................................................................................. 117
V. ASIA PACIFIC ...................................................................................... 121
VI. ADHESIVE SUPPLIERS MARKET MATRIX ............................................. 125
VII. SEALANT SUPPLIERS MARKET MATRIX ............................................... 133
The Adhesive & Sealant Council (ASC) 2012-2015 North American Market Study
List of Tables iii
LIST OF TABLES Table 1: North America Demographic Data ................................................................................. 16
Table 2: North America Adhesive & Sealant Market Projected Demand .................................... 16
Table 3: Estimated 2012 North America Adhesives Market - US$ 000,000................................. 20
Table 4: Estimated 2012 North America Adhesives Market - Million Pounds ............................. 20
Table 5: Estimated 2012 North American Adhesives Market by Country - US$ 000,000 ............ 21
Table 6: Estimated 2012 North American Adhesives Market by Country - Million Pounds ........ 21
Table 7: Estimated 2012 North America Sealants Market by Market Segment - US$ 000,000... 24
Table 8: Estimated 2012 North America Sealants Market by Market Segment - MM Pounds ... 24
Table 9: Estimated 2012 North America Sealants Market by Country - US$ 000,000 ................. 25
Table 10: Estimated 2012 North America Sealants Market by Market Segment - MM Pounds ... 25
Table 11: United States Demographic Data ................................................................................... 28
Table 12: United States Adhesive & Sealant Market Projected Demand 2012-2015 .................... 28
Table 13: United States Adhesive Market Projected Demand Summary 2012-2015 .................... 31
Table 14: United States Adhesive Market Segments Projected Demand Details 2012-2015 ....... 33
Table 15: Estimated 2012 U.S. Adhesives Market – US$ 000,000 ................................................. 47
Table 16: Estimated 2012 U.S. Adhesives Market – Million Pounds ............................................. 47
Table 17: United States Sealant Market Projected Demand Summary 2012-2015 ....................... 48
Table 18: U.S. Sealant Market Projected Demand – 2012-2015 ................................................... 50
Table 19: Estimated 2012 U.S. Sealants Market – US$ 000,000 .................................................... 62
Table 20: Estimated 2012 U.S. Sealants Market – Million Pounds ................................................ 62
Table 21: Electronics Adhesive Suppliers ....................................................................................... 65
Table 22: USA Electronic Assembly Market ................................................................................... 66
Table 23: Typical Adhesives Used for Electronic Assembly Functions ........................................... 67
Table 24: Technologies Used for Electronic Assembly Functions .................................................. 67
Table 25: Canada Demographic Data ............................................................................................. 70
Table 26: Canada Adhesive & Sealant Market Projected Demand 2012-2015 ............................. 70
Table 27: 2012 Top Twenty Merchant Suppliers to the Canadian Market .................................... 71
Table 28: Canada Adhesive Market Projected Demand 2012-2015 .............................................. 73
Table 29: Canada Adhesive Market Segments Projected Demand 2012-2015 ............................. 75
Table 30: Estimated 2012 Canada Adhesives Market – US$ 000,000 ........................................... 78
2012-2015 North American Market Study The Adhesive & Sealant Council (ASC)
iv List of Tables
Table 31: Estimated 2012 Canada Adhesives Market – Million Pounds........................................ 78
Table 32: Canada Sealant Market Projected Demand 2012-2015 ................................................. 79
Table 33: Canada Sealant Market Projected Demand – 2012-2015 .............................................. 81
Table 34: Estimated 2012 Canada Sealants Market – US$ 000,000 .............................................. 84
Table 35: Estimated 2012 Canada Sealants Market – Million Pounds .......................................... 84
Table 36: Mexico Demographic Data ............................................................................................. 86
Table 37: Mexico Adhesive & Sealant Market Projected Demand 2012-2015.............................. 86
Table 38: 2012 Top Twenty Merchant Suppliers to the Mexico Market ....................................... 87
Table 39: Mexico Adhesive Market Projected Demand 2012-2015 .............................................. 89
Table 40: Mexico Adhesive Market Segments Projected Demand 2012-2015 ............................. 91
Table 41: Estimated 2012 Mexico Adhesives Market – US$ 000,000............................................ 94
Table 42: Estimated 2012 Mexico Adhesives Market – Million Pounds ........................................ 94
Table 43: Mexico Sealant Market Projected Demand 2012-2015 ................................................. 95
Table 44: Mexico Sealant Market Projected Demand – 2012-2015 .............................................. 97
Table 45: Estimated 2012 Mexico Sealants Market – US$ 000,000 ............................................ 100
Table 46: Estimated 2012 Mexico Sealants Market – Million Pounds ......................................... 100
Table 47: Latin America Demographic Data ................................................................................ 102
Table 48: Latin America Adhesive & Sealant Market Projected Demand 2012-2015 ................. 102
Table 49: Latin America Adhesive Market Segments Projected Demand 2012-2015 ................. 108
Table 50: Estimated 2012 Latin America Adhesives Market – US$ 000,000 ............................... 110
Table 51: Estimated 2012 Latin America Adhesives Market – Million Pounds ........................... 110
Table 52: Estimated 2012 Latin America Adhesives Market by Country– US$ 000,000 ............. 111
Table 53: Estimated 2012 Latin America Adhesives Market by Country– Million Pounds .......... 111
Table 54: Latin America Sealant Market Projected Demand 2012-2015 .................................... 112
Table 55: Estimated 2012 Latin America Sealant Market – US$ 000,000 ................................... 115
Table 56: Estimated 2012 Latin America Sealant Market – Million Pounds ................................ 115
Table 57: Estimated 2012 Latin America Sealant Market by Country– US$ 000,000 .................. 116
Table 58: Estimated 2012 Latin America Sealant Market by Country– Million Pounds ............. 116
Table 59: EMEA Demographic Data ............................................................................................. 118
Table 60: Estimated EMEA Adhesive & Sealant Projected Demand - 2012-2015 ....................... 119
Table 61: Asia Pacific Demographic Data ..................................................................................... 122
Table 62: Estimated Asia Pacific Adhesive & Sealant Projected Demand - 2012-2015 ............... 123
The Adhesive & Sealant Council (ASC) 2012-2015 North American Market Study
List of Tables v
Table 63: ASC Member Suppliers - Adhesives Based on Natural Polymers ................................. 126
Table 64: ASC Member Suppliers - Polymer Dispersions and Emulsions ..................................... 127
Table 65: ASC Member Suppliers - Hot Melt Adhesives .............................................................. 128
Table 66: ASC Member Suppliers - Solvent-Based Adhesive Systems ......................................... 129
Table 67: ASC Member Suppliers - Adhesives - Reactive (polymerizing) Systems ...................... 130
Table 68: ASC Member Suppliers - Adhesives Based on Water-Soluble Polymers ...................... 131
Table 69: ASC Member Suppliers - Other Adhesives ................................................................... 132
Table 70: ASC Member Suppliers - Construction Sealants........................................................... 134
Table 71: ASC Member Suppliers - Transportation Sealants ....................................................... 135
Table 72: ASC Member Suppliers – Consumer Sealants .............................................................. 136
Table 73: ASC Member Suppliers – Assembly/Other Sealants .................................................... 137
2012-2015 North American Market Study The Adhesive & Sealant Council (ASC)
vi List of Figures
LIST OF FIGURES Figure 1 Global Adhesive &Sealant Industry by Region – 2012 ..................................................... 6
Figure 2 Global Adhesive & Sealant Industry by New Consolidated Regional Share – 2012 ......... 6
Figure 3 BRICS’ 2012 Adhesives & Sealants Demand Market Share + 2012-2015 AGR % ............. 7
Figure 4 Global Adhesive & Sealant Industry Market Life Cycle Chart: 2012-2015 ...................... 8
Figure 5 Global Adhesive & Sealant Industry Market Segments – 2012 ..................................... 10
Figure 6: Global Adhesive & Sealant Industry Technologies – 2012 ............................................. 11
Figure 7: Global Adhesive & Sealant Industry Polymers – 2012 ................................................... 12
Figure 8: Top Ten Global Suppliers of Formulated Adhesives & Sealants – 2012 ........................ 13
Figure 9: North America Adhesive & Sealant Industry – 2012 ...................................................... 17
Figure 10: North America 2012 Share of Demand by Country – Adhesives ............................... 18
Figure 11: 2012 North America Adhesive Share of Demand by Market Segments .................... 19
Figure 12: 2012 North America Adhesive Share of Demand by Product Category .................... 19
Figure 13: 2012 North America Sealant Share of Demand by Country ...................................... 22
Figure 14: 2012 North America Sealant Share of Demand by Market Segments ....................... 23
Figure 15: 2012 North America Sealant Share of Demand by Product Categories..................... 23
Figure 16: 2012 Top Twenty Merchant Suppliers to the U.S. Market ........................................ 29
Figure 17: Captive Producer Versus Merchant Supplier – U.S. ................................................... 30
Figure 18: 2012 United States Adhesives Demand by Market Segment .................................... 31
Figure 19: United States Adhesives Market Projected Demand – 2012-2015 ............................ 33
Figure 20: United States 2012 Adhesives Market Demand by Product Categories .................... 34
Figure 21: U.S. 2012 Adhesives Based on Natural Polymers ...................................................... 35
Figure 22: U.S. 2012 Adhesives Based on Polymer Dispersions and Emulsions ......................... 36
Figure 23: U.S. 2012 Hot Melt Adhesives .................................................................................... 37
Figure 24: U.S. 2012 Solvent-Based Adhesives ........................................................................... 38
Figure 25: U.S. 2012 Reactive Adhesive Systems ........................................................................ 39
Figure 26: U.S. 2012 Water-Soluble Polymer Adhesives ............................................................ 40
Figure 27: U.S. Natural Polymers by Market Segment - 2012 .................................................... 41
Figure 28: U.S. Polymer Dispersions/Emulsions by Market Segment - 2012 .............................. 42
Figure 29: U.S. Hot Melt Adhesives by Market Segment- 2012 .................................................. 43
Figure 30: U.S. Solvent-Based Adhesives by Market Segment - 2012 ........................................ 44
The Adhesive & Sealant Council (ASC) 2012-2015 North American Market Study
List of Figures vii
Figure 31: U.S. Reactive (Polymerizing) Systems by Market Segment - 2012 ............................. 45
Figure 32: U.S. Water-Soluble Polymer Adhesives by Market Segment - 2012 .......................... 46
Figure 33: 2012 U.S. Sealants Demand by Market Segment ....................................................... 48
Figure 34: U.S. Sealant Market Projected Demand – 2012-2015 ............................................... 50
Figure 35: 2012 U.S. Sealant Demand by Product Categories .................................................... 51
Figure 36: 2012 U.S. Oil-Based Caulks by Market Segment ........................................................ 53
Figure 37: 2012 U.S. Latex Acrylic Sealants by Market Segment ................................................ 54
Figure 38: 2012 U.S. Polyvinyl Acetate Sealants by Market Segment......................................... 55
Figure 39: 2012 U.S. Solvent Acrylic Sealants by Market Segment ............................................. 56
Figure 40: 2012 U.S. Butyl Sealants by Market Segment ............................................................ 57
Figure 41: 2012 U.S. Polysulfide Sealants by Market Segment ................................................... 58
Figure 42: 2012 U.S. Polyurethane Sealants by Market Segment ............................................... 59
Figure 43: 2012 U.S. Silane Modified Polymer Sealants by Market Segment ............................. 60
Figure 44: 2012 U.S. Silicone Sealants by Market Segment ........................................................ 61
Figure 45: Electronic Assembly Adhesive Examples .................................................................... 65
Figure 46: Captive Producer Versus Merchant Supplier - Canada .............................................. 72
Figure 47: 2012 Canada Adhesives Demand by Market Segment .............................................. 73
Figure 48: Canada Adhesives Market Projected Demand – 2012-2015...................................... 75
Figure 49: Canada 2012 Adhesives Market Demand by Product Categories .............................. 76
Figure 50: 2012 Canada Sealants Demand by Market Segment ................................................. 79
Figure 51: Canada Sealant Market Projected Demand – 2012-2015 .......................................... 81
Figure 52: 2012 Canada Sealant Demand by Product Categories ............................................... 82
Figure 53: 2012 Mexico Adhesives Demand by Market Segment .............................................. 89
Figure 54: Mexico Adhesives Market Projected Demand – 2012-2015 ...................................... 91
Figure 55: Mexico 2012 Adhesives Market Demand by Product Categories .............................. 92
Figure 56: 2012 Mexico Sealants Demand by Market Segment ................................................. 95
Figure 57: Mexico Sealant Market Projected Demand – 2012-2015 .......................................... 97
Figure 58: 2012 Mexico Sealant Demand by Product Categories ............................................... 98
Figure 59: Latin America 2012 Adhesive & Sealant Industry by Country .................................. 104
Figure 60: 2012 Latin America Share of Adhesives Demand by Country .................................. 105
Figure 61: 2012 Latin America Share of Adhesives Demand by Market Segments .................. 106
Figure 62: 2012 Latin America Adhesive Growth by End Use Segment .................................... 107
2012-2015 North American Market Study The Adhesive & Sealant Council (ASC)
viii List of Figures
Figure 63: Latin America Adhesives Market Projected Demand – 2012-2015 ......................... 108
Figure 64: Latin America 2012 Adhesives Market Demand by Product Categories ................. 109
Figure 65: 2012 Latin America Share of Sealants Demand by Country .................................... 112
Figure 66: 2012 Latin America Sealants Demand by Market Segment ..................................... 113
Figure 67: 2012 Latin America Sealant Demand by Product Categories – 2012 ....................... 114
Figure 68: 2012 Estimated EMEA Adhesive & Sealant Industry by Region ............................... 120
Figure 69: 2012 Estimated Asia Pacific Adhesive & Sealant Industry by Country .................... 123