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Aerospace Adhesives and Sealants Market to Climb 5%
The global aerospace adhesives and sealants market is projected to grow from $775 million in 2018 to $1.008 billion by 2023.
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Market Trends
Chemical Activity Barometer Shows Signs of Slower Economic Growth
The Chemical Activity Barometer (CAB) recently posted a 0.3% decline in January on a three-month moving average basis.
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New Applications Driving Global Adhesives and Sealants Demand
As industrial sectors and the housing market showed moderate growth, manufacturers of adhesives and sealants have also reported a moderate increase in demand.
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Global Specialty Chemicals to Rise 6%
The specialty chemicals market accounted for $1.11 trillion in 2017.
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Slow Growth Predicted for U.S. Manufacturing Technology Orders
October through December order levels are running significantly higher than the fourth quarter of 2017.
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Steady Growth Expected for Rheology Modifiers Market
The global rheology modifiers market is likely to expand at a 3.7% compound annual growth rate (CAGR) over the forecast period 2016-2024.
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Seam Tapes Market to Grow 6%
Asia-Pacific is expected to be the largest market and have the highest growth rate.
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Water-Based Demand Driving Fumed Silica Growth
Gains are expected to be driven by sustained demand in end-use industries such as adhesives, printing inks and coatings.
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Automotive Coatings Market Continues to Rise
Refinish formulations continue to gain center stage in the automotive coatings market.
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Asia-Pacific Represents Largest Sector of Adhesives Market
Asia-Pacific accounted for 51% of the market in 2018.
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