No matter if paints or adhesives, pharmaceutical drugs or cosmetics: solvents are immensely important in the manufacturing of many industrial goods. Ceresana publishes the most comprehensive report on the global market for solvents. According to this study, already published in its third edition, solvents valuing about US$25 billion were sold in 2013. Market analysts expect revenues to rise by another 4% p.a. Until 2021.
Disputed But Common
The largest consumers of solvents are manufacturers o
Adhesives are a part of all aspects of daily life and beyond: at home and at the office, in sports and leisure goods as well as in industrial processing and many other segments. Given their versatility and increasing performance, they are still becoming more and more important. Today-s world would no longer be possible without adhesives. The market research institute Ceresana forecasts consumption of adhesives in Europe to increase to approx. 3.5 million tonnes in 2020.
Ceresana analyzes the adhesives market
They secure tiny electronic components as well as huge wind turbines. They hold both car bodies and trains together. Modern adhesives almost do wonders. “Adhesive bonding has become a key technology in many industrial sectors,” says Oliver Kutsch, CEO of Ceresana Research. The market research institute has scrutinized the European adhesive market from top to bottom.
Propylene is one of the most important starting products in the petrochemical industry. The sales increase significantly.
