Latin America Adhesives Market Booming At A CAGR Of 5.8% Over The Forecast Period 2018-2025 :Grand View Research Inc.
San Francisco, 27 February 2019: The Report Latin America Adhesives Market Size, Share & Trends Analysis Report By Product (Reactive, Natural, Water-based, Hot-melt, Solvent-based), By Region (Argentina, Colombia, Brazil), And Segment Forecasts, 2019 – 2025 The Latin America Adhesives Market size is expected to reach USD 3.11 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to witness a CAGR of 5.8% over the forecast period. Rapidly expanding end-use industries including packaging, automotive, transportation, textiles, and footwear along with increasing construction spending in Brazil are expected to propel the product penetration in Latin America. Different forms of adhesives are used in the construction applications including flooring, insulation, panel and partitions, and roofing. Strong economic growth and rising population in this region have fueled the product demand in infrastructure development sector, thereby driving the