Report Highlights
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The global market for adhesives and sealants increased from $35.6 billion in 2006 to an estimated $36.9 billion in 2007. It should reach $46.4 billion by 2012, a compound annual growth rate (CAGR) of 4.7%.
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The Far East represents the highest growth region. China, South Korea, Taiwan and Vietnam especially are expected to see significant growth.
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Products expected to see the most growth include electronics adhesives for printed wiring boards, hot melt systems and automotive applications.
INTRODUCTION
- Marketing managers to identify newer market opportunities and develop targeted promotion plans for adhesives and sealants.
- Research and development professionals to stay on top of competitor initiatives and explore demand for adhesives and sealants and to develop new products for newer applications.
- Advertising agencies working with clients in the adhesive and sealants industry to understand the products and to develop messages and images that will influence consumers to purchase these products.
- Business development executives to understand the dynamics of the market and identify possible new markets.
- Information and research center librarians to provide market researchers, brand and product managers with the information they need to do their jobs more effectively.
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