Solid Growth Forecast For Global Adhesives Market

The North American floor adhesives market size is projected to reach an estimated value of US$1.14 billion in 2027, says a report by ResearchAndMarkets.com. Driving factors are the growth of the construction industry, increasing consumption of adhesives, increasing usage of water-based adhesives in order to reduce volatile organic compounds (VOC) emissions, replacement of mechanical fastening systems with adhesives, and the ability of adhesives to bond dissimilar materials. Based on material type, polyurethane adhesives dominate the North American floor adhesives market, driven by their higher usage in wood flooring applications.