The price hike is due to a combination of raw material shortages, increased international freight transport costs, and demand due to economic recovery.
Metallic Foils, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach $2.8 billion by the end of the analysis period.
The new range of hot-melt adhesives aims to deliver greater sustainability and lower CO2 emissions while maintaining the performance of the Supra range.