Adhesives and sealants
Market for sealants and adhesives to grow. The global market for adhesives was estimated to be worth USD 21,527 million in 2010 and is expected to reach USD 28,659 million by 2016, growing at a CAGR of 5 % from 2011 to 2016. The global market for sealants was estimated to be worth USD 5,700 million in 2010 and is expected to reach USD 7,599.5 million by 2016, growing at a CAGR of 4.8 % from 2011 to 2016. These are the findings of the new report "Global Adhesives and Sealants Market by Type, Applications, Trends, and Forecasts (2011-2016)" published by MarketsandMarkets.com.
Market for sealants and adhesives to grow. The global market for adhesives was estimated to be worth USD 21,527 million in 2010 and is expected to reach USD 28,659 million by 2016, growing at a CAGR of 5 % from 2011 to 2016. The global market for sealants was estimated to be worth USD 5,700 million in 2010 and is expected to reach USD 7,599.5 million by 2016, growing at a CAGR of 4.8 % from 2011 to 2016. These are the findings of the new report "Global Adhesives and Sealants Market by Type, Applications, Trends, and Forecasts (2011-2016)" published by MarketsandMarkets.com.
Pressure sensitive products constitute the largest end application market for adhesives and sealants, accounting for 24.7 % of the overall market in 2010. Asia-Pacific is the biggest and fastest growing market for adhesives and sealants whereas North America and Europe are matured markets. The growth in the Asia-Pacific market is expected to be fueled by countries such as Japan, India, China, South Korea, and Australia.
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