The first five-year cumulative revenue (2017-2021) is projected to be U.S. $40,24 billion, which is expected to increase rather significantly over the latter part of the five-year forecast period. The increasing demand for packaging adhesives will come from the food & beverages industry. With two main factors hindering growth: rising demand for use of ecofriendly compounds in packaging adhesives, which increases manufacturing cost, and government norms about VOC.
(Packaging Strategies News, May 17, 2019)

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