By 2050, the United Nations expects the global population to reach approximately 9.5 billion people. The expectations are that millions of people will be lifted out of poverty, increasing living standards and driving demand for chemical products. However, this growth also forces governments and businesses to address the population’s need for food, housing, infrastructure, and mobility in a resource-constrained world. This means chemical manufacturers must offer safer, more sustainable products with less environmental impact while delivering equivalent or greater performance compared to fossil fuel-based products.
The amplified demand for sustainability creates opportunities for the adhesives industry to deliver on products of the future. This includes renewable, responsibly sourced materials that further enable the bio-economy and address global challenges like climate change. Pine chemicals, for example, are sustainable from a material perspective while also being responsibly sourced and processed throughout the entire value chain.