The global market for glues and adhesives not exceeding a net weight of 1 kg shows a diverse range of growth trends across countries. In 2023, China leads with a substantial value, followed by Japan, which experienced a decline, and France showing positive growth. The United Kingdom saw the highest percentage growth in Europe, while Saudi Arabia led the Middle East with a notable increase. Emerging markets like Mexico, Brazil, and Poland also demonstrated growth, indicating expanding potential. Conversely, some countries like Japan and Germany experienced slight declines.
Future trends to watch include increasing demand in emerging markets, driven by industrial development and urbanization. The ongoing push for environmental sustainability may also spur innovation in bio-based and eco-friendly adhesive products, potentially reshaping market dynamics. Additionally, technological advancements in adhesive formulations are expected to enhance product performance and application versatility, further driving market growth.
Top countries in Glues and Adhesives of All Kinds Not Exceeding a Net Weight of 1 Kg Market Size Value by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 4,231,300,000 | 2023 | +3.24% | +2.86% | View data |
| 2 | 2 Japan | 741,660,000 | 2023 | -5.75% | -3.53% | View data |
| 3 | 3 France | 622,390,000 | 2023 | +2.6% | +3.27% | View data |
| 4 | 4 Germany | 586,020,000 | 2023 | +3.37% | -0.23% | View data |
| 5 | 5 United Kingdom | 456,880,000 | 2023 | +3.57% | +4.3% | View data |
| 6 | 6 South Korea | 435,500,000 | 2023 | +1.94% | +0.73% | View data |
| 7 | 7 Mexico | 399,090,000 | 2023 | +1.08% | +0.74% | View data |
| 8 | 8 Brazil | 397,210,000 | 2023 | +2.3% | +2.51% | View data |
| 9 | 9 Canada | 333,160,000 | 2023 | +4.24% | +2.04% | View data |
| 10 | 10 Spain | 229,140,000 | 2023 | +3.4% | +2.85% | View data |