The global export landscape for glues and adhesives not exceeding 1 kg is led by China with 23.82% share, followed by Germany and the United States with shares of 19.09% and 10.56%, respectively. Over the last year, China saw a 4.68% increase, while Germany and the U.S. experienced 2.71% and 3.51% increases. Additional growth was observed in the United Kingdom and Belgium, marking steady gains in Europe. Notably, India and the Czech Republic have shown promising progress with year-on-year growth rates above 5%, indicating a rising trend in their export capabilities.
Future trends to watch include the continued expansion of Asian markets, led by China and India, driven by technological advancements and cost-effective production. The European market, particularly Germany, may also witness sustained growth due to innovation in product formulations. Additionally, environmental regulations could influence market dynamics, pushing for bio-based adhesives, which might alter existing market shares.
Top countries in Export of Glues and Adhesives of All Kinds Not Exceeding a Net Weight of 1 Kg Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 23.82 | 2023 | +3.83% | +4.68% | View data |
| 2 | 2 Germany | 19.09 | 2023 | +3.11% | +2.71% | View data |
| 3 | 3 United States | 10.56 | 2023 | +3.4% | +3.51% | View data |
| 4 | 4 Japan | 6.9 | 2023 | +0.83% | +0.34% | View data |
| 5 | 5 South Korea | 6.4 | 2023 | +3.11% | +2.29% | View data |
| 6 | 6 Netherlands | 3.73 | 2023 | +2.74% | +2.71% | View data |
| 7 | 7 Belgium | 3.1 | 2023 | +2.99% | +3.41% | View data |
| 8 | 8 United Kingdom | 2.27 | 2023 | +3.56% | +2.64% | View data |
| 9 | 9 Poland | 2.12 | 2023 | +4.17% | +3.98% | View data |
| 10 | 10 France | 2.04 | 2023 | +2.43% | +1.44% | View data |
