U.S. Sealant and Adhesives Market Growing to $8.4 Billion by 2010!

New York, May 26, 2006 — Driven by an upbeat U.S. economy; growth in end-user industries, including construction, packaging, and aircraft manufacturing; increasing production efficiency; and introductions of new product applications, market research publisher Specialists in Business Information (SBI), a division of MarketResearch.com, estimates that the market for sealants and adhesives will grow from $7.9 billion in 2005 to nearly $8.4 billion in 2010.

According to Adhesives and Sealants in the U.S. the overall adhesives market in 2005 grew by 2.1% to reach $5.6 billion in shipments, bolstered in part by strong growth in the hot melt, epoxy, and vinyl tape adhesives sectors. During the same period, sealants faired slightly better in terms of growth, realizing a 3.1% lift over 2004 for a total of $2.2 billion in shipments. Structural sealants, mainly used in the construction and transportation industries, have shown the most promise due to their high performance in many applications. During the period between 2001 and 2005, structural sealants grew at an impressive four-year CAGR of 27%, increasing in market share by a whopping 140% during the same period.

“While the market drivers have become stronger over the last year, manufacturers have also stepped up to the plate by innovating new products that can suit a broader range of applications, such as dressing and wound care, lens materials for LED applications, and adhesives for lead-free soldering operations, ” notes Cara Morrison, Associate Editor of SBI. “By continuously improving product technology and re-working methods of manufacturing and production, this industry has managed to continuously assuage forces—such as rising oil and raw material prices—that over the years could have easily crippled it.”

Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, and the competitive environment, Adhesives and Sealants in the U.S. identifies key issues, regulations and trends affecting the marketplace, and profiles major marketers along with manufacturer and retailer strategies used to maximize growth and profitability. Priced at $3,000, this report can be purchased directly from SBI by clicking: http://www.sbireports.com/product/display.asp?productid=1209589. It is also available at MarketResearch.com.

About Specialists in Business Information
Specialists in Business Information (SBI), a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.