Latin America Adhesives And Sealants Market Anticipated To Reach USD 2.47 Billion By 2020: Grand View Research Inc.
San Francisco, 6 December 2019: The Report Latin America Adhesives & Sealants Market Size, Share & Trends Analysis Report By Technology, By Application (Construction, Pressure Sensitive Applications), By Region, And Segment Forecasts, 2014 – 2020 Latin America adhesives and sealants market is expected to reach USD 2.47 billion by 2020, according to a new study by Grand View Research, Inc. Growth of major end use industries such as automotive and construction, mainly in Brazil and Argentina is expected to boost the demand for adhesives and sealants over the forecast period. In addition, increasing market penetration of adhesives in medical industry is also expected to drive have positive impact on demand over the next six years. However, volatility in raw material prices coupled with growing environmental concerns is expected to be a key challenge for market participants. Water-based adhesives emerged as the leading technology used in Latin America and accounted