#Adhesives #Sealants #market #size #reach
BEIJING, Nov. 09, 2022 (GLOBE NEWSWIRE) — The Global adhesive and sealant market The size accounted for $62.9 billion in 2021 and is estimated to reach a market size of $103.2 billion by 2030, growing at a CAGR of 5.8% from 2022 to 2030.
Adhesives and Sealants Market Statistics
- The global market value of adhesives and sealants was US$62.9 billion in 2021 and is projected to grow at a CAGR of 5.8% from 2022 to 2030
- Asia Pacific Adhesives & Sealants Market Revenue Over 36% Market Share In 2021
- Adhesives & Sealants market growth in Europe will register a remarkable CAGR of over 6% from 2022 to 2030
- Based on the adhesive application, the construction sub-segment garnered more than 28% of the total market share in 2021
- Within Adhesive Technology, Reactive & Other achieved around 48% of the total market share
- Increasing demand from the packaging industry is a global market trend for adhesives and sealants that is fueling demand in the industry
Adhesives and Sealants Market Growth Factors
- Growing demand in the medical industry
- Read on GNW: Adhesives & Sealants market size will reach $103.2
