Asia-Pacific contributed to the largest market share in 2019, holding nearly of the global industrial adhesives market, and is estimated to maintain its dominant share by 2027. In addition, the region is expected to witness the fastest CAGR of 7.2% during the forecast period. This is attributed to the presence of established and fastest developing …
Tag Archives: Water-based Adhesives
Industrial Adhesives Market: Worldwide Industry Analysis and New Market Opportunities Explored
The global industrial adhesives industry garnered $39.0 billion in 2019, and is expected to generate $54.9 billion by 2027, witnessing a CAGR of 6.3% from 2020 to 2027. Drivers, restraints, and opportunities Surge in demand from the packaging industry and growth of the automotive industry in developing regions drive the global industrial adhesives market. However, environmental regulations associated with volatile organic …