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Adhesives / Market To Grow 5.1% CAGR

It is currently valued at US$ 18.7 billion

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Adhesives market-pexels-ketut-subiyanto-4246109 for market research

The global adhesive resins market is forecasted to reach a valuation of US$ 31 billion by 2033, expanding at a CAGR of 5.1% from 2023 to 2033. Growth opportunities in the global industry are attributed to increasing demand for adhesive resins from automotive, industrial, packaging, construction, and other end-use industries. Asia Pacific is forecasted to hold the largest share of the global market owing to the rising count of infrastructural activities that are taking place in the region. The anticipated growth rate of the Canadian market is 4.1% through 2033. The forecasted CAGR for the market in Germany is 3.7%. The global adhesive resins market is currently valued at US$ 18.7 billion.

Fact.mr adhesive resins market
These insights are based on a report on adhesive resins market by Fact.MR. Fact.MR, in its new offering, presents an unbiased analysis of the global adhesive resins market for the period of 2023-2033. The study divulges essential insights into the market on the basis of type (epoxy, polyurethane, synthetic rubber, polyacrylic ester (PAE), others) and application (building & construction, paper & packaging, transportation, leather & footwear, consumer/DIY, others), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).