Market Trends

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The cashew nut shell liquid (CNSL) market is forecast to grow from $250.2 million in 2018 to $450.4 million by 2026, expanding at a CAGR of 7.3%, according to a recent market research report.

On a year-over-year basis, the barometer is up 4.1%.

Acrylic composite adhesives demand will witness significant gains at over 5% during forecast period.

The demand for environmentally friendly ceramic adhesives is increasing significantly in developed countries.

The U.S. accounted for the largest demand for foam coating in North America in 2017.

Silver-filled electrically conductive adhesives will remain the largest segment.

The Asia-Pacific market reportedly exhibits strong growth potential between 2018 and 2023.

Based on statistics, increasing demand for automotive vehicles is expected to become the most common growth interest globally in the coming years.

It was the first gain in five months.

Based on type, polyurethane dominated the global structural adhesives market in the past few years.