Acquisitions and new product launches are the key strategies adopted by leading market players in the Waterproof Adhesives & Sealants Market
Acquisition is the key strategy adopted by the key industry players to maintain growth in the waterproof adhesives and sealants market. This strategy accounted for 83% of all growth strategies adopted by market players between 2011 and 2015. Besides this strategy, companies also adopted the strategy of new product launches to upgrade their product portfolio. This strategy accounted for 17% of all...
Adhesives & Sealants Market: Major Developments & New Product Launch
The adhesives & sealants market is projected to grow from USD 71.4 billion in 2021 to USD 85.8 billion by 2026, at a CAGR of 3.7% between 2021 and 2026. The major drivers for the market are increased demand for adhesives in the medical industry, increasing demand for adhesives & sealants from the building & construction industry, and growth in the appliances industry.
The key market players...
Adhesives & Sealants Market Driven by Strong Demand in Asia Pacific – An Overview
The constantly changing consumer demands and rapid advancement of the world are some of the major factors influencing the rapid change in the production techniques and applications of the products like sealants and adhesives. Growing restriction of price and better performance are also driving the existing manufactures in the industry to come up with new technologies and products to grow their own...