Market Studies: Industry

A variety of raw materials, like for example flame retardants, fillers or pigments are used for the production of industrial goods like paints and varnishes. Furthermore, they have protective qualities and are used in, e.g., wind turbines and container-vessels, which would last only a short time if no protective paints and varnishes were used. In vehicles, varnishes do not only enhance the look, but primarily serve as rust protection. Ceresana analyzed the European market as well as the worldwide market for paints and varnishes. In the market studies, data on revenues, production, trade as well as demand in the individual application areas like the construction industry, vehicle industry or wood processing are offered.

Adhesives continue to gain in importance, due to their versatile application options and their increasing performance. For the global adhesive market, Ceresana expects an increase of revenues of 3.6% per year until 2024. Largest demand at the moment originates in the construction industry. This segment accounted for almost 30% of total global demand. The European market for adhesives is examined in detail in the market study adhesives - Europe as well and provides prognoses up to 2024.

Ceresana offers a study on the European market for windows and doors (both interior and external) that are utilized in the construction sector. In addition to demand and revenues, this report also includes figures concerning production and trade. Furthermore, the market for windows and doors was examined in detail with regard to the following materials: Windows - wood, windows - plastics, windows - metal and material combinations, doors - wood, doors -plastics as well as doors - metal and material combinations. Analysts at Ceresana expect the volume of the European market for windows and doors to rise to approx. 222 million units in 2024.

With regard to plastic pipes, the European market and the worldwide market were examined. Plastic pipes are mainly used in the areas sewage, drinking/potable water and gas supply, cable protection as well as in agriculture and industry; they are likely to gain further importance in the future. While pipes based on polypropylene (PP) and polyethylene (PE) are still in the process of challenging the dominance of PVC-pipes in potable water supply, they are already playing a notable part in both gas supply and in industrial applications. During the upcoming years, the utilization of other plastics, such as polybutylene, polyamide (PA) and acrylonitrile-butadiene-styrene (ABS), is likely to become more and more widespread. The European market for pipes made of steel, concrete, plastic and metal was examined carefully in the study pipes. More than half of all pipes consumed in Europe are made of steel. In the future, however, plastic pipes, being much lighter and cheaper in production, will gain the largest amount of market shares.

In the market study insulation material, the market research institute Ceresana analyzes the market for insulation materials made of mineral wool (glass wool and stone wool), polystyrene (PS) (expandable polystyrene (EPS) and XPS) as well as polyurethane (PUR). Glass wool and stone wool together reach a market share of around 52% of demand. However, mainly glass wool is processed. A significant share of demand is accounted for by polystyrene-based insulation material, while consumption of insulation material based on PUR is notably lower.

Printing inks and bitumen were also examined by Ceresana. Furthermore, there are studies on plastics produced with extrusion and injection molding as well as on automotive and construction plastics. Ceresana examined the global and for printing inks also the European market as well as trends and future developments. Demand development as well as revenues and production volumes are analyzed for each individual region and for each individual type of industrial good. In addition, the most important application areas for each industrial good is described in detail. Furthermore, Ceresana created profiles of individual producers, which show data on revenues, profits, product range, production sites, and capacities.