The export volume of adhesives based on rubber or plastic from Mexico is forecasted to increase steadily from 29.686 million kilograms in 2024 to 33.786 million kilograms in 2028. In 2023, the actual export volume stood at 28.671 million kilograms.
Year-on-year variations show an upward trend with the following percentages:
- 2025: 3.57%
- 2026: 3.37%
- 2027: 3.19%
- 2028: 3.03%
The Compound Annual Growth Rate (CAGR) over the last five years (2024-2028) is approximately 3.29%.
Future trends to watch for include technological advancements in adhesive formulations, increasing demand from automotive and construction sectors, and potential regulatory changes affecting export policies. Additionally, monitoring global economic conditions and trade relationships will be crucial to understanding the broader market landscape.