Adhesives market is expected to witness moderate growth over the forecast period, with calculated compound annual growth rate of 4.02% over the period 2016 to 2021. High demand originating from emerging economies has been a major growth driver of this market. Improving economic conditions after the recession of 2008 has boosted the infrastructure sector, which in turn has augmented the demand for adhesives. Another major market driver for adhesives is the demand for light weighing automobiles to improve fuel efficiency. These adhesives play an important role as they are used with composites and plastics for bonding. Asia Pacific is the major market for adhesives due high growth economies and infrastructure spending followed by Americas and Europe Middle East and Africa region.
This report provides a comprehensive analysis of the Adhesives Market. The market size and forecast of the global, regional and various segments has been provided in US$ billion.
Under market dynamics section, different drivers, restraints, current trends and opportunities which exist in the market have been discussed with a detailed analysis regarding the same. Market analysis has been provided with the help of Porter’s Five Forces model. The other major sub-sections under this section are supplier outlook, industry outlook, industry life cycle analysis and value chain.
Scenario analysis has also been provided considering the different factors affecting the Adhesives Market. Under this section, different scenarios like industry regulations and economic factors have been considered to provide market trends over the forecast period.
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The report is a 360˚ view of the market by giving details about the key market players and new market entrants. The opportunities which exist in different regions has also been covered by the wide-ranging market segmentation and forecast for Americas, Europe Middle East and Africa and Asia Pacific regions.
Competition analysis section lists vendor market share, recent investments by some of the major players, deals and strategies adopted by them to increase their visibility in the market.
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