The demand for low-volatile-organic compounds and green and sustainable sealants is expected to create growth opportunities for the market globally over the forecast period.
The exterior sector of the global construction silicone sealants market is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2019 to 2024.
Based on adhesive, the silicone segment of the waterproof tapes market is reportedly projected to witness the highest growth during the forecast period.
The global waterproof tapes market is estimated at $9.96 billion in 2017 and is projected to reach $13.95 billion by 2022.
In November, three of four broad categories continued their climb from the effects of September’s historic storms.
The Chemical Activity Barometer (CAB) recently reported that it notched another solid increase over October’s reading both on a three-month moving average (3MMA) basis and an unadjusted basis.
Many developed economies are now reportedly using a significant percentage of “green” technologies
Global consumption of coatings was 90.4 billion lbs in 2016, valued at $121 billion, according to “Global Paint and Coatings,” a recent report from Kusumgar, Nerlfi & Growney. A 4% annual rate of growth is forecast through 2021. Volume is reportedly up 54% from the low of the 2009 global recession and 44% from the pre-recession level.
The growing demand for superior adhesives in critical and complex applications is expected to fuel the growth of the high-performance adhesives market.
The high-performance adhesives market is projected to grow from $9.77 billion in 2017 to $13.17 billion by 2022