GRANDVIEW PUBLIC MARKET FULL

GRANDVIEW PUBLIC MARKET FULL

Read 129-page full market research report, ' Structural Adhesive Market Size, Share & Trends Analysis Report By Product (Urethanes, Epoxy), By Technology (Water-based, Solvent-based), By Application, By Region, And Segment Forecasts, 2022 - 2030 ', published by Grand View Research. Companies have been boosting their production capacities in order to keep up with the rising demand from the end-use industries such as construction and transportation.has outperformed Mexico and Canada in the past few years. The growth of the North American construction industry is largely supported by the rapid expansion of the residential housing sector.Asia Pacific region is anticipated to register the fastest CAGR of 6.3% during the forecast period based on revenue owing to a rise in the industrial output in China, India, and Southeast Asia.The construction application segment is anticipated to register a revenue-based CAGR of 5.8% during the forecast period due to the rise in the consumption of the product in residential and commercial construction activities.The epoxy product segment is expected to expand at a significant CAGR of 6.2% from 2022 to 2030 based on revenue as it ensures high strength towards permanent bonding applications.The water-based technology segment is expected to expand at a lucrative CAGR of 6.0% during the forecast period based on revenue owing to an increase in its bonding applications in leather, wood, and textiles.

Key Industry Insights & Findings from the report: The demand for the product is attributed to the rise in the consumption of the product in the construction, transportation, and consumer appliances industries. 3, 2022 /PRNewswire/ - The global structural adhesive market size is expected to reach USD 31.9 billion by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 5.8% from 2022 to 2030.

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