Summary
Indonesia Adhesives market-Segmented by Type and Application-Trends and Forecasts ( 2017-2022 ). The Indonesia Adhesives market , based on technology , can be broadly segmented into water-borne adhesives , solvent-borne adhesives , reactive adhesives , hot melts adhesives .
Description
The Indonesia Adhesives Market was valued at USD 483.42 million in 2016 and is projected to reach UlSD 655.80 million by 2021 , at a CAGR of 6.29 % during the forecast period , 2016 to 2021 . In terms of volume , the Indonesia Adhesive Market was valued at 169.01 kilo tons in 2016 , and is projected to reach 208.98 kilo tons by 2021 , growing at a CAGR of 4.34 %, during the forecast period 2016-2021 .
Adhesives and sealants are often grouped together , as they both are applied to the surfaces of materials to adhere and seal them together . They are generally available in the liquid form , which is viscous in nature , with no or little flow characteristics . Adhesives are majorly chosen for their bonding and holding power and have high tensile and shear strength . Adhesives are of two varieties , namely structural adhesives ( strength is vital for the success of the assembly ) and non-structural adhesives ( generally have low strength , are used to bond weak substrates and for temporary fastening ). However , sealants are majorly selected for their ability to resist relative movement of the substrates , to fill gaps , and to contain or exclude another material . They have less strength compared to adhesives , but are more flexible in nature .
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Adhesives and sealants , owing to their ability to bind different materials together , are becoming an integral part of various commercial and industrial sectors . In this report , we have considered the following major end-user sectors :
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Building and Construction Paper , Board , and Packaging Transportation Woodworking and Joinery Footwear and Leather Healthcare Electrical and Electronics Others
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The paper , board , and packaging segment accounted for over 20 % share of the country &# 39 ; s adhesive market in terms of revenue , in 2015 . www . orbisresearch . com ; + 1 ( 214 ) 884-6817 ; + 9120-64101019