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Transparency Market Research published new market report"Latin America Adhesives and Sealants Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019"Growing demand from key end-use applications such as construction and automotive industries is expected to boost the demand in Latin America. These industrial sectors are witnessing rapid growth in Brazil, Chile, Peru, Argentina, Colombia and other regions, thus fuelling the demand for adhesives and sealants. However, growing environmental concerns and volatile raw material prices of crude oil are expected to hinder market growth. Bio-based adhesives and sealants are expected to catch up in the near future owing to their eco friendly characteristics. The Latin America adhesives market was valued atUSD 1,404 million in 2012 and expected to reach USD 2,136.1 million by 2019, growing at a CAGR of 6.2% from 2013 to 2019. The Latin America sealants market was valued atUSD 214.2 million in 2012 and is expected to reach USD 327.3 million by 2019 growing at a CAGR of 6.3% from 2013 to 2019.
Browse the report With Full TOC at http://www.transparencymarketresearch.com/latin-america-adhesives-sealants.html