The availability of new packaging films, substrates, inks, adhesives and application methods for flexible packaging is growing at a remarkable rate. The drive to capitalize on “the new and the now” has left the market filled with misinformation and misunderstandings.
The adhesives and sealants industry is seeing growth opportunities in many end-use sectors.
November 3, 2016
The adhesives and sealants market is forecast to exceed $40 billion and $9.5 billion by 2023, respectively, according to a recent report from Global Market Insights Inc. Automotive, packaging and construction have traditionally been high consumption application avenues for the industry. Technology innovation focused on smart and sustainable product solutions could see over 4.5% compound annual growth rate (CAGR) by 2023.
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.
The waterborne adhesives market in Europe was estimated at $3.26 billion in 2014 and is projected to grow at a compound annual growth rate (CAGR) of 5.8%.
March 1, 2016
The waterborne adhesives market in Europe was estimated at $3.26 billion in 2014 and is projected to grow at a compound annual growth rate (CAGR) of 5.8%, according to “Europe Waterborne Adhesives Market Segmented by Product Type, By Polymer, By Application, By End User Industry, and Geography Trends and Forecasts (2015-2020)” during the forecast period.
The global consumption of coatings, adhesives, sealants and inks (CASI) is being driven primarily by construction applications.
March 1, 2016
Global consumption of coatings, adhesives, sealants and inks (CASI) was 54.1 million tons in 2014, worth $182.6 billion, according to Kusumgar, Nerlfi & Growney. Volume growth is forecast at a 5% annual rate, with coatings, adhesives and sealants matching the overall growth, but inks trailing at only 2% per year.
Growth in the UV-curable ink market is being spurred by increased use in food and beverage packaging.
February 1, 2016
Introduced in 1960, ultraviolet (UV) curable ink has resulted in increased automation, particularly in the manufacturing sector. Originally, water- and solvent-based inks were used for flexographic printing, textile printing, screen printing, and more.