Adhesives and sealants are a success story that make many everyday products possible. Our industry fosters sustainability, encourages innovation and offers stimulating careers for people with a wide range of skills.
Following a long period of steady growth, the European adhesive and sealant market experienced a downturn as a result of the global financial crisis. The market returned to pre-crisis levels in 2014 and is currently worth almost 17 billion euros. Over the coming five years the market is forecast to grow to ovedr 20 billion euros, at a compound annual growth rate (CAGR) of 4.0%.
The Global Adhesives and Sealants (A&S) market has a projected CAGR of 5.6% from 2018 to 2025 and a starting market value of just under 50 billion euros as of 2017 (Smithers).