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.
The global PSA market is expected to reach $8.4 billion by 2018.
April 1, 2014
The increasing need for weight reduction of end-user products, high bonding solutions, sustainable developments, growing tape demand, rising GDP and purchasing power, are all expected to drive the global pressure-sensitive adhesives (PSA) market to $8.4 billion by 2018.
Ford Motor Co. recently announced plans to invest $500 million to upgrade its Lima, Ohio, engine plant and add 300 new jobs to support production of the all-new 2.7-liter EcoBoost® specifically engineered for the next-generation 2015 Ford F-150.