ADHESIVES, SEALANTS, AND RELATED PRODUCTS: 2004/2005 MARKET OUTLOOK has been prepared by Business Trend Analysts, Inc. We serve business clients in the U.S. and abroad with a wide range of information services, including on-shelf studies, multiclient projects, and custom research reports.
The BTA Business Information Reports are specifically designed to aid the busy, action-oriented executive in evaluating current performance and planning for the future. Each report contains a wealth of statistics and data, supported by objective analysis and commentary.
The information for this report was derived from statistical and other sources which we deem reliable. Forecasts for the report are restricted to those areas which we feel can be projected with a reasonable degree of accuracy, given the current state of econometric and other forecasting techniques.
In the statistical tables included in this report, columns may not add exactly to their totals due to independent rounding. It should also be noted that growth rates may have been calculated using unrounded numbers.
TABLE OF CONTENTS
SECTION I: EXECUTIVE OVERVIEW
- Analysis and Summary:
- The Market Environment 1
- Industry Consolidation 1
- U.S. Manufacturers' Sales 2
- The End-Use Factor 2
- Growth in Foreign Markets 3
- Tables:
- U.S. Manufacturers' Sales of Adhesives, Sealants, and Related Products 4
- U.S. Manufacturers' Sales of Adhesives, Sealants, and Related Products, by Major Product Category 5
- Projected Sales Growth in the Market for Adhesives, Sealants, and Related Products, by Major Product Category (Graph) 6
- Distribution of End-Use Markets for Adhesives, Sealants, and Related Products (Graph) 7
SECTION II: THE MARKET FOR ADHESIVES AND SEALANTS
- Analysis and Summary:
- Overview 8
- Leading Categories 8
- Help Through a Coalition 9
- Outlook 10
- Tables:
- U.S. Manufacturers' Sales of Adhesives and Sealants: Total 11
- By Type 12
- Product Mix 13
- Sales Growth in the Adhesives and Sealants Market, by Type 14
- Projected Sales Growth in the Adhesives and Sealants Market, by Type (Graph) 15
- U.S. Manufacturers' Sales of Synthetic Resin and Rubber Adhesives: Total 16
- By Type 17
- Product Mix 18
- U.S. Manufacturers' Sales of Nonstructural and Structural Caulking Compounds and Sealants: Total 19
- By Type 20
- Product Mix 21
- U.S. Manufacturers' Sales of Natural-Base Glues and Adhesives: Total 22
- By Type 23
- Product Mix 24
SECTION III: THE MARKET FOR PRESSURE-SENSITIVE AND GUMMED PRODUCTS
- Analysis and Summary:
- Overview 25
- Pressure-Sensitive Products 26
- Gummed Products 26
- Outlook 27
- Tables:
- U.S. Manufacturers' Sales of Pressure-Sensitive and Gummed Products 28
- U.S. Manufacturers' Sales: Pressure-Sensitive vs. Gummed Products 29
- Product Mix of U.S. Manufacturers' Sales: Pressure Sensitive vs. Gummed Products 30
- Sales Forecasts for the Pressure-Sensitive and Gummed Products Market (Graph) 31
- U.S. Manufacturers' Sales of Pressure-Sensitive and Gummed Products: By Type 32
- Product Mix 33
SECTION IV: NEW PRODUCT INTRODUCTIONS
- Introduction 34
- Selected New Product Introductions in the Market for Adhesives, Sealants, and Related Products 35
SECTION V: PRICING TRENDS FOR ADHESIVES, SEALANTS, AND RELATED PRODUCTS
- Analysis and Summary:
- Overview 38
- Adhesive and Sealant Prices 39
- Selected Raw Material Prices 40
- Tables:
- Producer Price Trends:
- Adhesives and Sealants 41
- Synthetic Resin and Rubber Adhesives 42
- Synthetic Resin and Rubber Adhesives, by Type 43
- Caulking Compounds and Sealants 45
- Natural-Base Glues and Adhesives 46
- Pressure-Sensitive Products 47
- Major Raw Materials, by Type 48
SECTION VI: END-USE MARKETS FOR ADHESIVES, SEALANTS, AND RELATED PRODUCTS
Part A: Overview
- Analysis and Summary:
- Major End-Use Markets 50
- New Technologies for Established Markets 50
- The Domestic Economy 51
- Tables:
- U.S. Gross Domestic Product 52
- U.S. Gross Private Domestic Investment 53
- U.S. Industrial Production Index 54
- U.S. Disposable Personal Income 55
- U.S. Per Capita Disposable Personal Income 56
- U.S. Personal Consumption Expenditures 57
- U.S. Per Capita Personal Consumption Expenditures 58
- Consumer Confidence Index 59
Part B: Demand in the Packaging Sector
- Analysis and Summary:
- Overview 60
- Food and Beverage Containers 60
- New Technologies for Packaging Adhesives 61
- Tables:
- U.S. Manufacturers' Sales:
- Metal Food and Beverage Cans 64
- Glass Food and Beverage Containers 65
- Rigid Plastic Food and Beverage Containers 66
- Paperboard Food and Beverage Containers 67
- Corrugated and Solid Fiber Boxes 68
- Set-Up Paperboard Boxes 69
- Fiber Cans and Drums 70
- Paper and Plastic Bags 71
- Coated and Laminated Packaging Papers and Films 72
Part C: Demand in the Construction Sector
- Analysis and Summary:
- Overview 73
- Housing Market Benefits from Falling Mortgage Rates 74
- Consumer Demand 74
- New Formula for Installation Adhesives 75
- Brand Familiarity of Caulks and Sealants 75
- Tables:
- Interest Rates Charged by U.S. Banks 77
- Privately Owned Housing Starts:
- By Type 78
- Distribution, by Type 80
- By Region 81
- Distribution, by Region 83
- Privately Owned Housing Units Completed:
- By Type 84
- By Region 86
- Average Sale Prices of New Houses Sold in the U.S., by Region 88
- Average Square Feet of Floor Area in New Privately Owned One-Family Housing, by Region 89
- Number of Bedrooms in New Single-Unit Housing in the U.S.:
- U.S. 91
- Northeast 92
- Midwest 93
- South 94
- West 95
- Sales of New vs. Existing Single-Family Homes 96
- New Single-Family Home Sales, by Region 97
- Existing Single-Family Home Sales, by Region 98
- Number of Completed Multifamily Buildings 99
- Existing Apartment, Condo, and Co-Op Sales, by Region 100
- New Manufactured Homes, by Region 101
- Total Improvement Expenditures for All Residential Properties, by Region 102
- Value of New Construction in the U.S.:
- Total 103
- By Type 104
- Private Construction, by Type 105
- Private Residential Building Construction, by Type 106
- Private Nonresidential Building Construction, by Type 107
- Public Construction, by Type 109
- Public Building Construction, by Type 111
- U.S. Manufacturers' Sales of Softwood Plywood 113
- U.S. Manufacturers' Sales of Hardwood Plywood 114
- U.S. Manufacturers' Sales of Particleboard 115
- U.S. Manufacturers' Sales of Ceramic Floor and Wall Tile 116
- Brand Familiarity of Caulks and Sealants, by Region 117
Part D: Demand in the Transportation Sector
- Analysis and Summary:
- Overview 118
- The Practical Alternative 119
- Adhesives in the Aerospace Industry 120
- Tables:
- U.S. Motor Vehicle Production 121
- Material Consumption in a Typical Family Vehicle, by Type 122
- Industry Sales of Complete U.S. Aircraft, by Type 123
- Net New Orders, Net Sales, and Backlog Orders for Aerospace Companies 124
- U.S. Manufacturers' Sales of Railroad Equipment 125
Part E: Demand in the Manufacturing Sector
- Analysis and Summary:
- Overview 126
- Electronic Computing Equipment 126
- Furniture 127
- Disposable Diapers 127
- Tables:
- U.S. Manufacturers' Sales:
- Electronic Computing Equipment, by Type 128
- Wood Household Furniture 129
- Wood Office Furniture 130
- Envelopes 131
- Disposable Paper Diapers 132
- U.S. Production of Nonrubber Footwear 133
Part F: Demand in the Consumer Market
- Analysis and Summary:
- Overview 134
- Home Improvement Expenditures 134
- Consumer Demographics 135
- Tables:
- Distribution of Expenditures on Owner-Occupied Properties:
- Maintenance and Repairs (Graph) 137
- Interior Additions (Graph) 138
- Interior Alterations (Graph) 139
- Outside Additions and Alterations (Graph) 140
- Replacements (Graph) 141
- Average Annual Consumer Expenditures on Maintenance and Repair Services and Commodities:
- By Region 142
- By Age 143
- By Occupation 144
SECTION VII: MEDIA AND ADVERTISING
- Analysis and Summary:
- Overview 146
- Media Expenditures 146
- New Post-it Notes 147
- Online Catalogs 147
- Tables:
- Total Media Expenditures for Adhesives, Sealants, and Related Products 149
- Media Expenditures for Adhesives, Sealants, and Related Products, by Company and Brand 150
SECTION VIII: FOREIGN TRADE
- Analysis and Summary:
- Overview 151
- U.S. Imports 151
- U.S. Exports 152
- Developing Markets 153
- Tables:
- Foreign Exchange Rates 154
- Fixed Euro Conversion Rates 155
- U.S. Apparent Consumption of Adhesives, Sealants, and Related Products 156
- U.S. Balance of Trade for Adhesives, Sealants, and Related Products 157
- U.S. Imports of Adhesives, Sealants, and Related Products, by Major Product Category 158
- Product Mix of U.S. Imports of Adhesives, Sealants, and Related Products, by Major Product Category (Graph) 159
- U.S. Imports of Adhesives and Sealants:
- By Type 160
- Product Mix 161
- U.S. Imports of Pressure-Sensitive and Gummed Products:
- By Type 162
- Product Mix 163
- Top 20 U.S. Import Sources for Adhesives, Sealants, and Related Products 164
- Dollar Market Shares of the Top 20 U.S. Import Sources for Adhesives, Sealants, and Related Products 165
- Leading U.S. Import Sources for Adhesives, Sealants, and Related Products (Graph) 166
- U.S. Imports of Adhesives, Sealants, and Related Products, by Country of Origin:
- Casein Glues 167
- Fish Glues 169
- Inedible Gelatin and Animal Glues Valued at Less Than $0.88/kg 171
- Inedible Gelatin and Animal Glues Valued at $0.88/kg or More 173
- Other Glues of Animal Origin (Except Casein), Not Elsewhere Specified or Included 175
- Glues Based on Starches 177
- Products for Use as Glues or Adhesives for Retail Sale, Net Weight 1kg or Less, Not Elsewhere Specified or Included:
- Animal and Casein Glues (Except Fish) 179
- Other Products for Use as Glue 181
- Adhesives Based on Rubber or Plastics 183
- Other Products for Use as Adhesives 185
- Self-Adhesive Flat Shapes, Rolls 20cm Wide or Less:
- Pavement-Marking Tape 187
- Tapes with Light-Reflecting Surfaces 189
- Filament-Reinforced Tape 191
- Electrical Tape 193
- Transparent Tape, Not Over 55m x 5cm 195
- Transparent Tape, Not Over 55m Long, Not Elsewhere Specified or Included 197
- Other Flat Shapes, Not Elsewhere Specified or Included 199
- Self-Adhesive Flat Shapes, Rolls Over 20cm Wide:
- Light-Reflecting Flat Shapes 201
- Reflectorized Sheeting 203
- Filament-Reinforced Tape 205
- Electrical Tape 207
- Transparent Tape 209
- Other Flat Shapes, Not Elsewhere Specified or Included 211
- Gummed or Adhesive Paper and Paperboard:
- Pressure-Sensitive 213
- Not Pressure-Sensitive 214
- Pressure-Sensitive Paper and Paperboard Labels, Unprinted 215
- Gummed or Adhesive Paper (Except Labels):
- Pressure-Sensitive 217
- Not Pressure-Sensitive 218
- Adhesive Tape, Not Over 20cm Wide, Rubberized Textile Fabrics 220
- U.S. Exports of Adhesives, Sealants, and Related Products, by Major Product Category 222
- Product Mix of U.S. Exports of Adhesives, Sealants, and Related Products, by Major Product Category (Graph) 223
- U.S. Exports of Adhesives and Sealants:
- By Type 224
- Product Mix 225
- U.S. Exports of Pressure-Sensitive and Gummed Products:
- By Type 226
- Product Mix 227
- Top 20 U.S. Export Destinations for Adhesives, Sealants, and Related Products 228
- Dollar Market Shares of the Top 20 U.S. Export Destinations for Adhesives, Sealants, and Related Products 229
- Leading U.S. Export Destinations for Adhesives, Sealants, and Related Products (Graph) 230
- U.S. Exports of Adhesives, Sealants, and Related Products, by Country of Destination:
- Casein Glues 231
- Other Glues of Animal Origin, Not Elsewhere Specified or Included 233
- Glues Based on Starches 235
- Products for Use as Glues or Adhesives for Retail Sale, Net Weight 1kg or Less, Not Elsewhere Specified or Included:
- Other Products for Use as Glues or Adhesives 237
- Adhesives Based on Rubber or Plastics 239
- Other Products for Use as Adhesives 241
- Self-Adhesive Flat Shapes, Rolls 20cm Wide or Less:
- Light-Reflecting Flat Shapes 243
- Filament-Reinforced Tape 244
- Electrical Tape 246
- Transparent Tape, Not Over 55m x 5cm 248
- Transparent Tape, Not Over 55m Long, Not Elsewhere Specified or Included 250
- Other Flat Shapes, Not Elsewhere Specified or Included 252
- Self-Adhesive Flat Shapes, Rolls Over 20cm Wide:
- Materials with Light-Reflecting Surfaces 254
- Reflectorized Sheeting 256
- Filament-Reinforced Tape 258
- Electrical Tape 260
- Transparent Tape 262
- Other Flat Shapes, Not Elsewhere Specified or Included 264
- Gummed or Adhesive Paper and Paperboard:
- Pressure-Sensitive 266
- Not Pressure-Sensitive 267
- Pressure-Sensitive Paper and Paperboard Labels, Unprinted 268
- Gummed or Adhesive Paper (Except Labels):
- Pressure-Sensitive 270
- Not Pressure-Sensitive 271
- Adhesive Tape, Not Over 20cm Wide, Rubberized Textile Fabrics 273
SECTION IX: INDUSTRY STRUCTURE AND ECONOMICS
- Analysis and Summary:
- Overview 275
- Industry Economics 275
- Employment Trends 276
- Capital Expenditures 277
- Manufacturing Facilities 277
- Pressure-Sensitive Products 278
- Gummed Products 278
- Explanation of Terms 280
- Tables:
- The Adhesives and Sealants Industry:
- Operating Structure 286
- Gross Operating Margin 287
- Value Added by Manufacture 288
- Vertical Integration Index 289
- Employment Structure 290
- Total Labor Costs 291
- Average Hourly Earnings of Production Workers 292
- Cost of Living Index for Production Workers 293
- Labor Productivity 294
- Indexes of Real Labor Productivity 295
- New Capital Expenditures 296
- Plant vs. Equipment Expenditures 297
- Ending Inventories 298
- Materials Consumed, by Type 299
- Total Number of Establishments 300
- Total Number of Establishments (Graph) 301
- Number of Employees, Payroll, and Number of Establishments, by Employment Size Class and by State 302
- Number of Establishments, by Employment Size Class (Graph) 304
- The Pressure-Sensitive Products Industry:
- Operating Structure 305
- Employment Structure 306
- The Gummed Products Industry:
- Operating Structure 307
- Employment Structure 308
- The Plant Manager' s Workbook:
- How to Use This Section 309
- Gathering Your Data 310
- Developing Your Ratios 311
- How Does Your Plant Stack Up? 312
SECTION X: COMPANY PROFILES
- Introduction 317
- Significant Acquisitions in the Adhesives, Sealants, and Related Products Industry 318
- Financial Profile of Adhesives and Sealants Manufacturers:
- Total 319
- Sorted by Sales 320
- Sorted by Assets 321
- 3M Company:
- Overview 322
- Products 322
- Manufacturing 323
- New Post-it Notes 323
- Outlook 324
- Financial Summary and Analysis 325
- Applied Extrusion Technologies, Inc.:
- Overview 326
- Products 326
- Manufacturing 327
- Two-Phase Growth Strategy 328
- Financial Summary and Analysis 329
- Avery Dennison Corporation:
- Overview 330
- Pressure-Sensitive Adhesives and Materials 330
- Consumer and Converted Products 331
- Manufacturing 331
- News 332
- Outlook 332
- Financial Summary and Analysis 333
- Bemis Company, Inc.:
- Overview 334
- Flexible Packaging 334
- Pressure-Sensitive Materials 335
- Distribution 335
- Manufacturing 336
- Restructuring 336
- Expansion of Adhesives Subsidiary 337
- Outlook 337
- Financial Summary and Analysis 338
- Borden Chemical, Inc.:
- Overview 339
- North American Forest Products 339
- North American Performance Resins Group 340
- International 340
- Distribution 340
- Manufacturing 341
- News 341
- Outlook 342
- Financial Summary and Analysis 343
- The Dow Chemical Company:
- Overview 344
- Dow Automotive 344
- Polyurethanes and Polyurethane Systems 345
- Distribution and Manufacturing 345
- Outlook 346
- Financial Summary and Analysis 347
- Elmer' s Products, Inc. 348
- H.B. Fuller Company:
- Overview 349
- Global Adhesives 349
- Full-Valu/Specialty 350
- Manufacturing 350
- Outlook 351
- Financial Summary and Analysis 352
- Henkel Loctite Corporation:
- Overview 353
- The Henkel Group 353
- Global Acquisitions Expand Adhesive Business 354
- Hercules Incorporated:
- Overview 355
- Performance Products 355
- Engineered Materials and Additives 356
- Manufacturing 357
- Outlook 357
- Financial Summary and Analysis 358
- ITW Devcon:
- Overview 359
- Products 359
- Illinois Tool Works 360
- Financial Summary and Analysis 361
- Nashua Corporation:
- Overview 362
- Specialty Paper Products 362
- Label Products 363
- Manufacturing and Distribution 363
- Outlook 364
- Financial Summary and Analysis 365
- National Starch and Chemical Company:
- Overview 366
- Products 366
- Manufacturing 367
- News 367
- Outlook 367
- Imperial Chemical Industries PLC 368
- Nordson Corporation:
- Overview 369
- Products 369
- Manufacturing 370
- News 370
- Outlook 371
- Financial Summary and Analysis 372
- Pacer Technology:
- Overview 373
- Distribution 373
- Anchor-Tite Wins Again 374
- Outlook 374
- Financial Summary and Analysis 375
- PPG Industries, Inc.:
- Overview 376
- Coatings 376
- Outlook 377
- Financial Summary and Analysis 378
- Red Devil, Inc. 379
- Rohm and Haas Company:
- Overview 380
- Adhesives and Sealants 380
- Distribution 381
- Manufacturing 381
- Outlook 382
- Financial Summary and Analysis 383
- Tyco Plastics and Adhesives:
- Overview 384
- Adhesive Products 385
- Outlook 385
- Tyco International Ltd. 385
- Financial Summary and Analysis 387
- W.F. Taylor Company, Inc. 388
APPENDIX I: ASC' S "BUILDING THE INDUSTRY" PROGRAM
- Overview 389
- Accomplishments 389
- Outlook 390
APPENDIX II: DIRECTORY OF SELECTED U.S. MANUFACTURERS OF ADHESIVES, SEALANTS, AND RELATED PRODUCTS
- Introduction 392
- Directory of Selected U.S. Manufacturers of Adhesives, Sealants, and Related Products 393
