With increased emphasis on fuel efficiency and vehicular emission control, the reduction of vehicle body weight is reportedly gaining widespread importance throughout the world.
The global hot-melt adhesives market is expected to register a moderate compound annual growth rate (CAGR) during the forecast period.
Increasing application areas in the emerging economies such as China, India, and Brazil are expected to be the major cause for the advance in demand of the construction sealants.
The global construction industry is reportedly driving the market for construction sealants, according to a new report from BIS Research.
Based on resin type, the acrylic polymer emulsion segment is expected to grow at the highest compound annual rate during the forecast period.
The emulsion adhesives market is projected to grow from $12.98 billion in 2017 to $17.28 billion by 2022, at a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022.
Acrylic polymer emulsion is estimated to be the largest resin type segment of the emulsion adhesives market in 2017.
The emulsion adhesives market is projected to grow from $12.98 billion in 2017 to $17.28 billion by 2022, at a compound annual growth rate (CAGR) of 5.9%.