Longtime readers of this column may note that I have always been a fan of silicone sealants; however, I worked for a manufacturer of these materials for many years, so I hope I can be totally objective. I have no doubt that the durability and longevity of silicones cannot be exceeded in most applications. However, I can offer you several observations from my personal experience using them at home.
The slow recovery from the historic downturn in residential construction continues in 2016. In the mid-2000s, increasing prices and easy credit led to a rush of investment in residential construction. At the end of 2005, new residential investment accounted for an unsustainable 6.5% of GDP above its long-term rate.
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.
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.