Adhesive Market Expected To Grow

The adhesives and stone adhesives market size is projected to grow from US $4.7 billion in 2022 to US $7 billion by 2027, at a compound annual growth rate (CAGR) of eight per cent, says a report by Market and Markets. Market growth is attributed to the rising demand for tile and stone adhesives in the growing residential, commercial, and institutional construction industries across the world. The cementitious chemistry segment is expected to register the fastest growth during the forecast period. The repair and renovation market are also expected to grow at the same rate during the forecast period.