In 2023, the import of glues based on starches or modified starches to the US stood at an unspecified baseline. Forecast data indicates a steady growth trend, with imports projected to increase from 3.1187 million kilograms in 2024 to 3.4708 million kilograms by 2028. The year-on-year growth rate shows a consistent increase of approximately 2.9% annually over these years, indicating a stable upward trajectory. The Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 is in alignment with the year-on-year growth, reflecting continued expansion.
Future trends to watch for include:
- Potential shifts in demand driven by changes in industrial or consumer preferences towards more sustainable or biodegradable adhesive solutions.
- Impacts of international trade policies or tariffs that could affect import dynamics.
- Technological advancements in starch-based adhesive formulations that might broaden their application and market demand.
- Environmental regulations that may favor increased use of starch-based glues over synthetic alternatives.
