The market size value per capita for glues based on starches or modified starches in Denmark has experienced slight fluctuations over the past decade, with a value of 1.1 USD in 2023. Key variations include a significant rise of 11% in 2014 and a decline of approximately 4% in 2019. Over the last two years, a steady increase of 1% was observed from 2021 to 2022. The compound annual growth rate (CAGR) over the past five years stands at about 1.5%, reflecting a moderate growth trend.
Future trends to watch for:
- Increased demand for sustainable and environmentally friendly adhesive products.
- Technological advancements in starch modification to enhance performance and application.
- Potential impact of global supply chain disruptions and raw material availability on market stability.