Adhesive Market Overview in the USA
In value terms, adhesive production amounted to $ in 2018. The total output value increased at an average annual rate of +% from 2013 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2014 when production volume increased by % y-o-y. Adhesive production peaked in 2018 and is likely to see steady growth in the near future.
The revenue of the adhesive market in the U.S. amounted to $ in 2018, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. Adhesive consumption peaked in 2018 and is likely to see steady growth in the immediate term.