DALLAS, February 13, 2015 /PRNewswire/ --
MarketReportsOnline.com adds Adhesive Manufacturing in the U.S. and its International Trade to its store. This report includes the most recent information on the domestic market, global market and overseas growth opportunities.
This Adhesive Manufacturing in the U.S. and its International Trade report provides the most current data available, such as shipments, inventory and trade data available through October 2014, and sophisticated forecasts up to 2018 accounting for the effects of the recent economic recession. Industry analysts consider this report the most comprehensive and consistently updated guide to the industry.
Revenue, Profitability & Foreign Trade Preview
The industry's revenue for the year 2013 was reported at $12.5 billion USD, with an estimated gross profit of 29.5%. Import was valued at $.5 billion USD from 54 countries. The industry also exported $2.0 billion USD worth of merchandise to 170 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2013 was $11.1 billion USD.
The Adhesive Manufacturing Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure. Also updated are the latest trade, shipment, and inventory data available through October 2014. This update provides the data necessary to make informed forecasts and business planning after the recent seasonal changes in output.
Definition & Classification
This industry comprises establishments primarily engaged in manufacturing adhesives, glues, and caulking compounds. This 6-digit NAICS industry (325520) is under the hierarchy of Paint, Coating, and Adhesive Manufacturing Industry Group (3255), Chemical Manufacturing Subsector (325), and the Manufacturing Sector (31-33). Its SIC equivalent code is: 2891 - Adhesives and Sealants.
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Adhesive is a broad term as it incorporates various materials like cement, glue, mucilage, and paste among others. Adhesives majorly comprise of polymers, which harden either in a physical manner or as a result of a chemical reaction, and are generally classified on the basis of their curing, or bonding, mechanism. On the other hand, sealant is a soft, pliable material that changes state to become solid after application, and is chiefly employed for the prevention of air, noise, dust, fire, smoke, and liquid penetration, where structural strength is not required. Sealants fall between the higher-strength adhesives and extremely low-strength putties and caulks. Adhesives and sealants are categorized on the basis of whether the bonding involves a physical or chemical mechanism.
The key factors driving growth of the global adhesives and sealants industry include expanding construction industry, growing transportation sector and increasing demand of green products. The end-use markets for the adhesives and sealants are highly correlated with the global economic conditions and the GDP. The global adhesives and sealants market is likely to be driven by the ameliorating the Asia Pacific markets, skewed trends in the US transportation sector and increasing demand for more environment friendly products. In addition, the growing application of adhesives in the medical applications is expected to bring new opportunities to the market. However, the growth of global adhesives and sealants industry is hindered by the strict regulatory compliance imposed on manufacturers and fluctuating raw material prices.
Adhesives and sealants are utilized in several industries including packaging, automotive, electronics, footwear, construction repair and remodeling, textiles, consumer goods, and shipbuilding. Among all the applications, packing, construction industry, durable assembly and transportation sector accounts a major part of adhesives and sealants.
The present report offers a comprehensive analysis of the global adhesives and sealants market along with a detailed study of the regional markets including North America, Japan, Asia and Europe. The competition in the respective market is intense with few large players viz. Henkel, H.B. Fuller, Sika and 3M. The competitive landscape along with the company profiles of the leading players in the market is discussed in detail.
By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Few Points from Table of Content
Appendix A - Additional Foreign Trade Statistics
Trading Countries' Rank
Top 5 US Trading Countries and Other
Top 25 US Trading Countries
Appendix B - Industry U.S. States' Statistics
Production Workers Ratio
Average Hourly Wage
Average Annual Salary
Cost of Materials Ratio
Capital Expenditure Ratio
Industry Shipment Ratios
Electricity Consumption and Environmental Impact
Fuel Consumption and Environmental Impact
Appendix C - Additional Links
Legislation, Regulation, Tax and Environmental Related Issues
Industry Specific Regulatory Agencies
Non-Industry Specific Regulatory Agencies
Appendix D - Industry's 4-Year Financial Statement
Appendix E - Report Methodology
Data Collection & Integration
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