Market Size of South America Epoxy Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
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South America Epoxy Adhesives Market Analysis
The South America epoxy adhesives market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing demand growing demand for miniaturized and lightweight electronics. However, volatility of the raw material prices is hindering the the growth of the market studied.
- Increasing applications and rising awareness for structural adhesives is expected to provide a major growth opportunity for the market studied.
- Brazil accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, construction industry is expected to dominate the market studied during the forecast period.