The Asia-Pacific is reportedly the emerging market for spray adhesives.
The spray adhesive market is projected to witness a compound annual growth rate of 5.81% over the forecast period to reach a total market size of $5.143 billion by 2023.
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.