Market Size of Solvent-borne Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Solvent-borne Adhesives Market Analysis
The market for solvent-borne adhesives is expected to witness a CAGR of more than 5% during the forecast period. One of the major factors driving the market studied is the increasing demand from the automotive and footwear industry. Stringent environmental regulations regarding VOC emissions is expected to hinder the growth of the market studied.
- Building and construction sector dominated the market and is expected to grow during the forecast period.
- Recovering European construction sector is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the world with the largest consumption from countries, such as China and India.
