Malaysia Adhesives and Sealants Market Size

Statistics for the 2023 & 2024 Malaysia Adhesives and Sealants market size, created by Mordor Intelligence™ Industry Reports. Malaysia Adhesives and Sealants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Malaysia Adhesives and Sealants Industry

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Market Summary - Malaysia Adhesives and Sealants Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 6.00 %
Market Concentration High

Major Players

Malaysia Adhesives and Sealants Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Malaysia Adhesives & Sealants Market Analysis

The Malaysia Adhesives market is expected to reach a value of USD 590 million by the end of this year. It is projected to register a CAGR of more than 6% during the forecast period. COVID-19 negatively impacted the market in 2020. However, the market has now been estimated to have reached pre-pandemic levels and is forecasted to grow steadily.

  • The expanding packaging industry in the region will likely drive the market significantly in the coming years.
  • However, the strict regulations on the usage of VOC-free content are expected to hinder the market's growth.
  • The development of bio-based and hybrid Adhesives is expected to be an opportunity in the future.

Malaysia Adhesives & Sealants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)