The forecasted import of adhesives based on rubber or plastic to the US shows a steady increase from 2024 to 2028. In 2023, the import volume was recorded at approximately 66 million kilograms. The Year-on-Year percentage variations show modest growth, with an average annual increase of around two percent. The Compound Annual Growth Rate (CAGR) over the five-year period starting in 2024 is expected to be slightly above two percent, indicating consistent growth in demand.
Future trends to watch for include:
- Technological advancements and innovations in adhesive products.
- Shifts towards sustainable and eco-friendly materials in production.
- Potential trade policy changes affecting import dynamics.
- Increased applications in various industries, including automotive and construction.