ERJ staff report (BC)
Bethesda, Maryland – The Adhesive and Sealant Council expects the Asia-Pacific region adhesive and sealant demand to grow 5 percent annually through 2015, reports Rubber & Plastics News. The market stands at $15.1 billion (€11.3 billion) of wet formulated product and an estimated market value of $13.8 billion (€10.3 billion).
ASC President Matthew Croson said all the countries in the Asia Pacific region are showing positive trends, and that the region remains the fastest growing one for adhesives and sealants in the world through 2015.
The ASC's market study provides breakdowns for countries within the region, highlighting China; Japan; India; islands in the Pacific Island; South Korea; Taiwan; Vietnam; and the rest of Asia.