Summary
Malaysia Adhesives market-Segmented by Type and Application-Trends and Forecasts ( 2017-2022 ). The Malaysia adhesives market , based on technology can be broadly segmented into water-borne adhesives , solvent-borne adhesives , reactive adhesives , hot melts adhesives .
Description
The Malaysia Adhesives Market was valued at USD 193.61 million ( in terms of revenue ) and 65.62 kilo tons ( in terms of volume ) in 2016 and is projected to reach USD 259.92 million and 79.70 kilo tons by 2021 , at a CAGR of 6.07 % and 3.96 %, respectively , during the forecast period , 2016 to 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 ).
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Adhesives , owing to their ability to bind different materials together by distributing stress more efficiently across the joint , are becoming an integral part of various commercial and industrial sectors .
In the global adhesives and sealants market report , we have considered the following major end-user sectors :
� � � � � � � � building and construction paper , board , & packaging transportation woodworking and joinery footwear & leather healthcare electrical & electronics others
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The paper , board & packaging segment is expected to dominate the Malaysia adhesives market , with a share of XX % in 2016 .
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