Market Trends

RSS

Reportedly, the usability of these adhesive in several end-use applications, coupled with the rising demand for instant adhesive, is estimated to boost the demand for instant adhesive in the near future.

Increasing demand for bio-based wood adhesives is a key trend in the global market, according to a recent market research report.

The global hot melt adhesive market was valued at $6 billion in 2015 and is projected to reach $9.44 billion by 2024 at a compound annual growth rate (CAGR) of 5.2% from 2016 to 2024.

The isoprene market is reportedly dominated by Russian manufacturers that are focused on expanding their production capacities.

The global market for self-adhesive labels is expected to expand at a 5.3% compound annual growth rate (CAGR) through 2024.

The carbon black market size is projected to reach $13.79 billion by 2021.

The global metal coatings market is estimated to reach $14.34 billion by 2026, at a CAGR of 6.1% from 2016 to 2026.

Major restraining factor of the global epoxy resins market is the slow growth in the mature markets of U.S. and Europe.

Business barometers indicate that the world economy is performing robustly, indicating that business will continue to pick up around the globe.