Adhesives and Sealants Make up 60% of Fluid Dispensing Market Revenue
The global fluid dispensing systems market is expected to reach approximately $55.1 billion by 2024.
The global fluid dispensing systems market is expected to reach approximately $55.1 billion by 2024, according to a recent report from Grand View Research Inc.
The trend toward miniaturization of electronic components and industry automation are key growth driving factors for the global fluid dispensing systems market. Recent innovations aimed at improving production processes due to high consumer demand and gradually reducing turnaround times reportedly have led to manufacturers adopting automated systems for applying adhesives, sealants, coatings, and lubricants during their processes.