European Coatings Journal - 17.03.2022 | MARKET REPORT

A VOLATILE MARKET POISED TO SHOW GROWTH AGAIN

The adhesives and sealants market in 2021 was very volatile, with costs and availability of logistics greatly impacting the market. The Covid-19 pandemic, the Suez Canal blockage and significant issues in raw material supply are core reasons for this situation. As a result, the European adhesives and sealants market, which was 4.7 million tonnes with a value of EUR 15.5 billion in 2020, declined by 5 % in volume and value that year. It is forecast, however, to grow to EUR 22.2 billion by 2026, predominantly as a result of a few areas that will influence it post-Covid. Namely, sustainability/circular ...
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