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Global Industrial Adhesive Market Value Will Exceed $ 57 Billion By 2022

Mar 17, 2020

Foam Tape News: According to a report issued by the US consulting agency Grand View Research, due to the increase in terminal demand, especially driven by the construction and automotive industries, the global industrial adhesive market value will exceed $ 57 billion by 2022.


According to a report issued by the American consulting agency Grand View Research, the global market value of industrial adhesives will exceed $ 57 billion in 2022 due to increased demand for terminals, particularly driven by the construction and automotive industries.

The increasing demand for environmentally friendly products will promote the development of bio-based adhesives, a trend that may accelerate the replacement of traditional adhesives. The growth of industrial production in emerging countries such as China, India, Brazil, Mexico and other countries is also positively affecting the market.