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The industrial adhesives market size is forecast to increase by USD 22.17 billion at a CAGR of 6.38% between 2023 and 2028. The market is witnessing significant growth due to several key trends. One of the primary drivers is the increasing replacement of mechanical fasteners with industrial adhesives in various industries, including furniture manufacturing and automotive. This shift is attributed to the benefits offered by adhesives, such as reduced production time, improved product quality, and cost savings. Another trend influencing the market is the rise in automation and implementation of Industry 4.0, which is leading to an increased demand for high-performance adhesives, particularly in non-woven fabrics and polyurethane applications. Additionally, the price rise of industrial adhesives is also fueling market growth as manufacturers seek to optimize their production processes and reduce costs. Overall, these trends are expected to continue driving the growth of the market in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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