Industry Overview
The hardware supplies industry include establishments primarily engaged in the manufacturing, trade, supply, distribution and retailing of general hardware supply products. Hardware supplies include a broad category of products, including � adhesives & sealants, cleaning & utility supplies, lubrication & chemical additives, packaging supplies, painting and safety supplies.
The main segments of hardware supplies market include -
Market Overview
Adhesives & Sealants
Of the different segments of hardware supplies industry, the market of adhesive / sealant industry is valued at over $9 billion. The majority of sales are divided between - industry assembly (24%), packaging (23%), construction (16%), wood bonding (16%), transportation (11%), and consumer products (6%). The major market players in adhesives and sealants industry are US, China, Japan, Germany and Canada.
PackagingThe global packaging industry was worth $424 billion market in 2004. The industry can be categorized into four general categories depending on material type - paper and board, plastics, glass and metal. The primary segment of the packaging supplies industry are paper and board and plastics that account for 36% and 35%, respectively, of the world packaging market.
Lubrication & Chemical AdditivesThe global lubricant market is valued at around $35.7 billion of which automotive lubricants account for more than 60% of sales volume. China is the fastest growing lubricant market in the world and is the second largest after US market in terms of sales volume.
Of the total global consumption of 37.4 million tons of lubricants in 2004, the share of automotive lubricants was 53%, industrial lubricants 32% (including related specialties), marine oils 5%, and process oils 10%. Amongst the industrial lubricants, 37% were hydraulic oils, 31% other industrial oils, 7% industrial gear oils, 16% metalworking fluids, and 9% greases.
Paints & CoatingsIn 2006, the global paints and coatings market grew by 5.7% to reach a value of $71.7 billion and in terms of volume it grew by 3.5% to reach 29.4 million tonnes. . The industry is expected to grow by 29 % from 2006-2011 and reach a value of $92.5 billion.