Ceresana: Study on the Adhesives Market
Market researchers from Ceresana, Konstanz, Germany, analyzed the adhesives market. They expect a revenue of almost USD 50 billion for the global adhesives market in 2019. Especially the dynamic economic development in emerging countries such as China, India, Russia and Brazil will stimulate further growth in demand for adhesives. The market research institution expects demand to rise by 2.9 % p.a. in the next eight years, meaning that growth will even accelerate when compared to the last eight years.
Dynamic growth rates cause demand in Asia-Pacific to grow rapidly, being the worldwide largest share with more than a third of total demand. Ceresana forecasts that Asian countries will gain further shares of the global adhesives market in the future – at the expense of the already saturated markets in the developed countries of North America and Western Europe. Emerging and developing countries already profit by increasing demand, especially in the construction and wood processing industries.
The brochures can be downloaded at http://www.ceresana.com/en/market-studies/industry/adhesives-world
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Looking for a new challenge? Check out our jobs market!
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.