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.
The European market for adhesives and sealants was estimated to be worth €16.8 billion in 2019, and forecasted to grow to nearly €20.4 billion by 2024, at a compound annual growth rate (CAGR) of 4.0%. Europe represents 30% of the global adhesives and sealants market, estimated to be worth €54.5 billion in 2019.
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 as of 2017.
FEICA is part of the Industry4Europe coalition and co-signed the Joint Paper ‘A long-term strategy for Europe’s industrial future: from words to action’ in November 2019.
Through cross-sectoral recommendations, Industry4Europe, a coalition of 154 industry associations, contributed to the EU's New Industrial Strategy for Europe by presenting concrete industrial policy proposals in several priority fields including sustainability and innovation.
Following the publication of the European Commission's New Industrial Strategy on 10 March 2020, Industry4Europe published a Press Release thanking the Commission for identifying the main pillars of the Industrial Strategy 'that echo those recommended by the Coalition'.
Launched three years ago, the Industry4Europe coalition has consistently called on European Institutions to develop an ambitious EU industrial strategy that helps Europe remain a hub for a leading, smart, innovative and sustainable industry, and that provides quality jobs and benefits all Europeans and future generations.
The sector associations of the Coalition will now carefully review and assess all individual measures proposed by the European Commission.
More information is available via www.industry4europe.eu.