Hot Melts Type Segment Is Expected to Achieve the Fastest Growth (11% CAGR) During 2015 – 2020, in the Global Automotive Adhesive & Sealant Market
The global Automotive adhesive and sealant market was valued at $4,879.3 million in 2014, and it is expected to grow with a CAGR of 8.8% during 2015 - 2020. The factors driving the growth of the global market include increasing focus on the usage of lightweight materials, vehicles safety and regulations, and fuel economy regulations. The vehicles safety standards and regulations are becoming stringent across the globe. The increasing awareness of consumers regarding safety aspects of vehicles are resulting in...
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