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Research and Markets has announced the publication of its ‘2013 Report on the Latin American Adhesives And Sealant Market’. Brazil along with being the largest market is also the fastest growing market for sealants at an estimated CAGR of 5.1% from 2013 to 2019.
The adhesives and sealants market in Latin America is expected to be driven by the growth in end-user industries such as automotive and construction where adhesives and sealants are used in panel laminating, flooring, insulation, façades, coating and lamination amongst other functionalities. Moreover, developing technology coupled with a wide range of applications of adhesives and sealants is expected to boost the market growth in the future.
Companies mentioned include: 3M Company; Avery Dennison Corporation; BASF AG; Bostik SA; Dow Chemicals; Ellsworth Adhesives; HB Fuller; Henkel AG & Co KGaA; ND Industries and Uniseal.