The forecasted export of adhesives based on rubber or plastic from China for the next five years shows a steady increase from 406.61 million kilograms in 2024 to 466.88 million kilograms in 2028. The actual volume of these exports in 2023 stood at 392 million kilograms, indicating a consistent growth trend.
Year-on-year percentage variation:- 2024: +3.72%- 2025: +3.81%- 2026: +3.60%- 2027: +3.41%- 2028: +3.24%
The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 is approximately 3.56%, reflecting an overall positive trend in export volumes.
Future trends to watch for include potential impacts from technological advancements in adhesive formulations, changes in global trade policies, and fluctuations in raw material prices that could influence production costs and export capacities.
