Return to: Market NewsAdvancements in Automotives and Rapid Infra & Construction Growth Fuels Demand for Adhesives to Reach $78 billion by 2030A new report from Industry Experts Inc., on "Adhesives Global Market", is released. According to this market research report, the global Medical Cameras market is estimated at 19 million metric tons in 2024 and is projected to grow to by a CAGR of3.8% during the forecast period 2024-2030. In terms of value, the market is expected to reach $77.6 billion by 2030, registering a CAGR of 4.2% over the same period. The adhesives market is driven by key trends, including the shift from mechanical fasteners to adhesive solutions, rapid growth in construction and infrastructure, and advancements in the automotive sector focusing on lightweight, fuel-efficient, and electric vehicles. The expanding electronics and electrical industries, evolving packaging needs, growth in renewable energy projects, and increased demand for healthcare and medical devices further boost market growth. Innovations in adhesive formulations, compliance with environmental regulations, and the need for maintenance and repair across industries also contribute to demand. Asia-Pacific, with a volume consumption share of 53% in 2024, is the largest region for global Adhesives market and also the fastest growing region during 2024-2030 outlook period. Europe forms the second largest market for Adhesives worldwide, followed closely by North America which is expected to post below average CAGRs of under 3% over the outlook period. The market for adhesives is analyzed in this report on a global basis covering all major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Poland, Russia, Spain, Sweden, the Netherlands, the United Kingdom and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, Thailand and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Rest of World (Saudi Arabia, South Africa, Turkiye, the United Arab Emirates and Other Rest of World). The study analyzes the global market for adhesives with respect to Technology – Adhesives based on Natural Polymers, Water-borne Adhesives, Hot-melt Adhesives, Solvent-borne Adhesives, Reactive Adhesives, Adhesives based on Water-soluble Polymers and Adhesives based on Other Technologies; Chemistry Type – Vinyl Adhesives, Acrylic Adhesives, Polyurethane Adhesives, Elastomer/Rubber Adhesives, Epoxy Adhesives and Other Adhesives; and Application – Building & Construction, Consumer/DIY, Furniture/Woodworking, Leather & Footwear, Packaging/Converting, Transportation and Industrial Assembly/Other. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts. ... News Release: Advancements in Automotives and Rapid Infra & Construction Growth Fuels Demand for Adhesives to Reach $78 billion by 2030 Submitted on: February 03, 2025 10:26:02 AM Submitted by: IndustryexpertsMedia On behalf of: industry-experts.com/verticals/chemicals-and-materials/global-adhesives-market |