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 issue marks the publication of ASI’s 20th annual Buyers’ Guide, a purchasing and applications resource for raw materials, equipment and services used to manufacture adhesives and sealants, pressure sensitives, and adhesives and sealants products such as tapes and labels.
In 2001, the trucking industry experienced some major problems when increased pollution controls raised under-hood temperatures and caused failures in big rigs, specifically in the tractor-trailers’ turbocharger systems.