Growing Automotive Market Prompting Continued Demand for Adhesives and Sealants
The global adhesives and sealants market’s value is predicted to grow at a sturdy 5.7% compound annual growth rate (CAGR) from 2012 to 2018, according to “Adhesives and Sealants Market—Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012-2018,” a new report from Transparency Market Research (TMR). In terms of volume, the market will grow at a slightly tepid CAGR of 4.4% in the same period.
TMR’s analysts describe the growth of the construction and automotive industries all over the world as the major growth driver for the global adhesives and sealants market.