Chemical and Material Butyl Adhesive Market | Page 3

regional market growth. The Middle East & Africa region is projected to observe considerable growth in the forthcoming years. This factor is credited to the rising development activities in the commercial and residential sector together with the growing demand for VOC free adhesives, especially in countries such as United Arab Emirates (UAE) and Saudi Arabia. The North American market is likely to observe stable development in the use of butyl adhesive over the forecast period. The U.S. is foreseen to be the biggest butyl adhesive market in the region followed by Mexico and Canada. The Latin American countries like Argentina and Brazil, are also expected to observe stable growth owing to modest demand from packaging and woodworking industries. The European region is foreseen to be the second biggest market after the Asia Pacific region in the consumption of Butyl Adhesive. The European nations such as UK, France, Germany, and Italy are contributing to the regional market development owing to the occurrence of a large number of manufacturing companies in the region. Industry Segments The Butyl Adhesive Market is segmented on the basis of end use industry and region. The end use industry has segmented the market into paper & packaging, woodworking, building & construction, automotive, and others. As butyl adhesives are resistant to air and water and highly resistant to alkali and UV rays, thus extensively used in the end use industries. By region, the market segmentation includes Europe, Latin America, North America, Asia Pacific and Middle East & Africa.