In the changed post COVID-19 business landscape, the global market for Floor Adhesives estimated at US$4. 3 Billion in the year 2020, is projected to reach a revised size of US$7. 4 Billion by 2027, growing at a CAGR of 8.
New York, Jan. 04, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Floor Adhesives Industry” – https://www.reportlinker.com/p06031589/?utm_source=GNW
1% over the analysis period 2020-2027. Epoxy, one of the segments analyzed in the report, is projected to record a 10.1% CAGR and reach US$3.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyurethane segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.9% CAGR
The Floor Adhesives market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 12% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 7.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$990.2 Million by the year 2027.
Acrylic…
