Industrial Adhesives Market Value To Reach USD 71.32 Billion By 2025: Grand View Research Inc.
San Francisco, 30 December 2019: The Report Industrial Adhesives Market Size, Share & Trend Analysis Report By Product (Acrylic, Polyvinyl Acetate), By Application (Automotive, Packaging), By Region, And Segment Forecasts, 2019 – 2025 The global industrial adhesive market size is anticipated to reach USD 71.32 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. The market is majorly driven by the growing demand from the medical industry. Medical is projected to be fastest growing application of industrial adhesives owing to their increasing use for surgical purposes. Acrylics are increasingly replacing sutures and staples used for treating wounds. Moreover, polyvinyl acetate is being increasingly used in medical packaging. The growing medical industry is likely boost the demand for adhesives over the coming years. Packaging made of paper, cardboard, and other materials utilizes industria