Adhesives Market To Top $52b by 2015
The global market for adhesives and sealants is expected to reach $40.8 billion in 2010 and $52.1 billion in 2015, achieving a compound annual growth rate (CAGR) of 5%, according to a new report.
“Adhesives & Sealants/Joining and Fastening,” produced by BCC Research, studies global and regional markets or adhesives and sealants, with the purpose of locating newer markets and expanding the present market position for various types of adhesives and sealants.
Medical applications are expected to exhibit faster growth than other applications. This segment was worth an estimated $1 billion in 2010 and is expected to reach nearly 1.3 billion in 2015, a compound annual growth rate (CAGR) of 5.1%.
The construction segment will grow at a 4.9% compound annual growth rate (CAGR) over the 5-year forecast period. This segment was worth $4.8 billion in 2010 and is expected to reach a value of $6.2 billion in 2015.
“Adhesives & Sealants/Joining and Fastening” includes profiles of various technologies involved in the manufacture of different types of adhesives and sealants, along with information on applications for each type of adhesive and sealant.
The report details the increasing utilization of adhesives in place of various types of fasteners and different methods of joining, including information nanoglues.< br />
In addition, the report studies the raw material requirement for production of adhesives and sealants and the effect of raw material supply over the production, pricing, and distribution of these products.
“Adhesives & Sealants/Joining and Fastening” costs $4,850 for the full report. Sections can also by purchased separately (click HERE for details). ©2010 GlobalFastenerNews.com
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