Research and Markets: The Adhesive Market Expected to Reach $45.4 Billion with Moderate Growth over the Next Five Years

Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/8nkx76/global_adhesive) has announced the addition of the "Global Adhesive Market 2013-2018: Trend, Forecast and Opportunity Analysis" report to their offering.

The global adhesive market is poised to continue on a growth trend. The global adhesive market has recovered well from the economic downturn and posted impressive growth. Asia Pacific (APAC) has emerged as the top region in terms of total adhesive consumption.

This study provides a concise overview of the global adhesive market in terms of value and projected annual growth.

The author discusses the various challenges and opportunities faced by the adhesive market. The market is impacted by adhesive cost and performance. Resins and other raw materials used in the adhesive industry are becoming more expensive with recent price increases. This makes it difficult for the adhesive manufacturers to provide a balance between the cost and the performance of adhesive products. The adhesives industry growth rate differed across various market segments, depending on price-versus-performance criteria and the level of penetration in a particular application. The adhesives market is categorized as developed, with emerging markets by region.

This study encompasses the industry's major drivers. The leading driver of the adhesive industry is its application in various industries globally. Adhesives are finding increased usage in numerous industries, especially in the construction, assembly, and transportation industries. The transportation and construction markets are expected to grow at significant rates that will drive the existing markets.

This report highlights different aspects of the adhesive market. Due diligence has been given to the current market scenario. APAC is the current leader in the total consumption of adhesive. North America is a developed market in this respect.

The global adhesive market is expected to grow impressively over the long term. The top players need to formulate effective marketing strategies to take advantage of the opportunities, which will help them improve revenue and profitability.

For more information visit http://www.researchandmarkets.com/research/8nkx76/global_adhesive

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Sector: Process and Materials
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