Global Industrial Adhesives Market: Regional Insights
Based on geography, the global industrial adhesives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific is expected to dominate the global industrial adhesives market over the forecast period due to growth in the construction sector. In addition, the demand for automotive adhesives is expected to increase owing to a surge in the sale of passenger cars. Moreover, growing demand from packaging, furniture, automotive, and a variety of other end use applications is further anticipated to augment regional market growth.
North America is analyzed across the U.S. and Canada. The U.S. garnered dominant share of 65.2% in the North America industrial adhesives market. This is attributed to the established industrial sector. Also, ongoing technological advancements due to heavy investment in R&D is again fueling regional market growth.
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