General Sealants® is Top 20 on the 2023 ASI List
The City of Industry-based company has secured eight years on the list of top global adhesive and sealant manufacturers.
General Sealants has once again secured its position on the prestigious ASI (Adhesives & Sealants Industry) Top 20 list for 2023. This City of Industry-based company has now maintained its presence on this coveted list for eight consecutive years, a testament to its consistent excellence in the field of adhesive and sealant manufacturing.
ASI, known for its annual research into the foremost manufacturers of adhesives and sealants, compiles the ASI Top 20 list by closely examining key performance indicators, including sales figures for finished adhesives and sealants, as well as related products like tapes and labels. The comprehensive research process also involves gathering data from various sources, such as annual reports, company websites, press releases, and insights provided by industry contacts.
General Sealants® has continued to distinguish itself as a top-tier manufacturer of high-quality sealants, including popular products such as butyl tape, mastic, and vacuum bag sealant tape. These versatile sealants cater to various industries, including construction, industrial, electrical, aerospace, residential, and automotive.
In terms of research and development (R&D), General Sealants® has demonstrated a strong commitment to innovation. In 2022, their R&D spending experienced a notable 22% increase. Patrick Boyle, the company’s President and Chief Operating Officer, shared that this upward trajectory in R&D investments is set to continue in 2023. He emphasized, “R&D spending has increased in 2023 and is projected to continue to rise as we invest in unique product solutions to meet the needs of our diverse customer base in over 75 countries.”
While the company reported a 6% decrease in sales in comparison to 2021, there is optimism on the horizon. Boyle revealed that sales for the first quarter of 2023 witnessed an impressive 32% increase and are anticipated to continue rising throughout the remainder of the year. This positive outlook reflects General Sealants’ ongoing commitment to excellence in the adhesive and sealant industry.
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For businesses seeking to engage in bulk purchasing of butyl tapes and other premium sealant products, General Sealants® offers expert guidance to streamline the procurement process. Their knowledgeable staff is ready to assist you in navigating their extensive inventory to select the perfect sealant solutions tailored to your specific business requirements.
To take advantage of their wholesale offerings and receive quick and efficient service, do not hesitate to contact General Sealants® today at (800) 762-1144 or contact us via email at [email protected] to have your questions addressed promptly.
General Sealants® remains a trusted butyl tape manufacturer and industry leader, and their presence on the ASI Top 20 list for 2023 underscores their continued commitment to excellence in the adhesive and sealant industry.