Widening applications and increased construction activity are helping to drive demand.
May 2, 2016
U.S. demand for pressure-sensitive tapes is projected to increase 5.3% yearly to $9.3 billion in 2019. Growth will reportedly reflect continued economic expansion and the further development of innovative applications for specialty tapes, which tend to be higher performing, value-added products.
Comprehensive initiatives designed to preserve and improve the environment are included in virtually all manufacturers’ corporate communications. According to the Sheldon Group, 25% of major brand owners have implemented scorecards to rate suppliers and products on environmental impact, and 30-40% more are being developed.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
Strong growth in construction activity will underpin advances, driven by increased urbanization and infrastructure improvements in developing countries.
April 1, 2016
Global demand for adhesives and sealants is forecast to rise 4.5% per year through 2019 to 20.2 million metric tons, valued at $64 billion. Strong growth in construction activity will underpin advances, driven by increased urbanization and infrastructure improvements in developing countries, combined with rebounding construction spending in Western Europe and the U.S.
In my 30 years as a senior materials engineering manager with Navistar International, a truck and engine OEM, conventional automotive and truck body manufacturing plants predominantly used 1K epoxy structural adhesives due to their superior bonding performance and manufacturing-friendly properties.