This article provides an overview of trends in the global adhesives market
Adhesive consumption in developing regions is expanding at about three times the rate of the United States and Western Europe. Several developing countries are seeing adhesive demand advancing at double-digit rates. In 2003, adhesive consumption in developing regions was some 15 billion pounds, worth $6.2 billion. Excluding low-cost forest product binders, consumption was 6.3 billion pounds, worth $4.75 billion, with an expected annual rate of growth of 6%.