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Industry News » Wind Energy Driving Global Reactive Adhesives Market


The global reactive adhesives market is expected to register a moderate compound annual growth rate (CAGR) during the forecast period, 2018-2023, according to a report from Research and Markets. The consumption of wind energy has been significantly increasing across the globe in the past few years. The global installed wind power capacity has reportedly registered a growth of 10.64% in 2017 and reached a total of 539,581 MW.

The total installed wind power capacity in China reached a total of 188,232 MW in 2017, registering a growth rate of 11.58%. The production of light vehicles in China recorded a growth of 1.6% Year Over Year (YOY), reaching a total of 24,806,687 units in 2017, and the production of trucks in China recorded a growth of 28.5% YOY, reaching a total of 2,257,562 units in 2017. The total installed wind power capacity in India reached a total of 32,848 MW in 2017 registering a growth rate of 14.59%.


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