Forecast: Export of Adhesives Based on Rubber or Plastic from Malaysia

In 2023, Malaysia's export of adhesives based on rubber or plastic stood at 61.000 million kilograms. The forecasted data from 2024 to 2028 shows a steady increase in export volume, growing from 63.141 million kilograms in 2024 to 73.108 million kilograms by 2028. This demonstrates a year-on-year growth ranging from 4.1% to 3.4%, with the most recent CAGR over the past five years averaging at approximately 4.7%.

The emerging trends to watch for include:

  • Potential technological advancements in adhesive formulations could lead to increased demand.
  • Economic fluctuations and trade policies affecting global trade routes and export markets.
  • Shifts in regional demand patterns, specifically in fast-growing markets like Southeast Asia.
  • Environmental regulations impacting the production processes and material compositions of adhesives.

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