Researchers have identified a number of global trends that will have an impact on the adhesive business. One major trend is to use energy more efficiently—both to protect the environment by reducing carbon emissions and from a basic cost-of-energy standpoint.
No matter what you call them—RFQs, RFPs, online auctions, reverse auctions or bids—they all spell bad news for the adhesives and sealants industry. These exercises will ultimately do irreparable harm to the industry as a whole.