Market Research North America PUR Hot-Melt Adhesives Market | Page 2
construction in terms of annual rate for housing units started in the United States, recorded a growth of
6.34% in 2016 over 2015. In the first 11 months of 2017, the residential house sales recorded a growth
of 9.44% when compared to the same period in 2016. The United States is competing toward a
complete transformation of its diesel buses into zero-emission buses. As of 2016, the United States had
over 300 individual zero-emission buses operating in transit fleets throughout the nation. Electrical
buses are fast gaining importance, and their production is set to grow rapidly in the coming years.
Shifting trend toward electric vehicles, due to rise in environmental regulations, is the major factor
influencing the adhesives market. Mexico and Canada are the largest markets for the US technical
textiles, accounting for 55% of the total trade. In the recent years, Mexico has become a car
manufacturing hub, thereby, directly impacting the demand for industrial fabrics and thus, increasing
the demand for textile imports from the United States.
Notable Developments in the Market
November 2017: Bostik acquires XL Brands in flooring adhesives in the United States.
October 2017: H.B. Fullers finalized its acquisition of Royal Adhesives & Sealants for USD 1.575 billion.
This acquisition is likely to deepen H.B. Fullers expertise in a range of sectors, such as medical,
electronics, hygiene, transportation, construction, clean energy, and others.
Major players are Henkel AG, HB Fuller, Arkema, Sika AG, and 3M, amongst others.
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america-pur-hot-melt-adhesives-market-segmented-by-type-application-and-geography-growth-
trends-and-forecast-2018-2023
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