APAC Market Forecast
The adhesives & sealants market in the Asia Pacific region is projected to hold the largest market share of 38% by the end of 2037. The Asia Pacific region's adhesives and sealants market is experiencing an impressive surge, underscored by a confluence of compelling growth drivers. The drivers collectively epitomize the region's role as a global adhesives and sealants powerhouse. In 2020, the Asia Pacific region accounted for over 45% of the global manufacturing value-added, affirming its manufacturing prowess.
North American Market Statistics
The adhesives & sealants market in the North America region is projected to hold the second largest share during the forecast period. The rise of e-commerce and changing consumer preferences have spurred innovations in packaging materials and designs, augmenting the demand for adhesives and sealants in packaging applications. Adhesives and sealants are integral to the aerospace industry, offering lightweight bonding solutions and contributing to the production of high-performance aircraft.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?