Market Size of South America Waterborne Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Waterborne Adhesives Market Analysis
The South America Waterborne 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 increasing investments in infrastructure & construction industry. However, limited resistance to water and moisture exhibited by the water-borne adhesives is hindering the growth of the market studied.
- Advancements in food packaging and safety industry 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, building & construction is expected to dominate the market studied during the forecast period.