Adhesives and Sealants Market Outlook – Surging demand in Automobile and Construction Industry Augmenting Market Growth
Asia Pacific is expected to be one the major revenue contributors due to the presence of emerging economies and supportive government policies in the region. For instance, Make in India initiative by Government of India aims to boost the manufacturing of passenger vehicles to 9.4 million in the country, by 2026. Moreover, due to rampant economic growth and rapid urbanization in in India and China, the demand for adhesive and sealants in Asia Pacific, is expected to witness tremendous growth over the forecast period. The growth of the market is also fueled by burgeoning growth experienced in various end-use industries in the region. Demand for modern buildings and commercial complexes with glass exteriors is increasing, in turn driving growth of the global adhesive and sealants market.
Adhesives and Sealants Market Taxonomy
On the basis of product type, the global adhesives market is classified into:
On the basis of product type, the global sealants market is classified into:
On the basis of application, the global adhesives and sealant market is classified into:
On the basis of geography, the global adhesives and sealant market is classified into:
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