The global glues based on starches or modified starches market in 2023 reveals Germany as the top market with a value of 31.392 million USD, followed by Italy and Saudi Arabia. Notable year-on-year variations include Greece with a significant increase of 4.7%, while Ukraine experienced a decline of 3.72%. Significant declines were also observed in Senegal and Croatia. A consistent trend over the last five years reflects moderate growth due to rising environmental concerns and innovative product applications.
Future trends to watch include:
- Increased demand for eco-friendly and biodegradable adhesives.
- Rising industrial applications in packaging and furniture sectors.
- Potential expansion in emerging markets due to increased manufacturing activities.
- Technological advancements in adhesive formulations for enhanced performance characteristics.
Top countries in Glues Based on Starches or Modified Starches Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 6 | 6 Canada | 9,325,300 | 2023 | +0.63% | +1.19% | View data |
| 7 | 7 Ukraine | 7,318,800 | 2023 | -2.86% | -3.72% | View data |
| 8 | 8 Austria | 6,847,900 | 2023 | -2.16% | -1.44% | View data |
| 9 | 9 Denmark | 6,746,400 | 2023 | +2.11% | +0.036% | View data |
| 10 | 10 Morocco | 3,085,600 | 2023 | -3.14% | -3.27% | View data |
