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The market for laminating adhesives is expected to register a CAGR of almost 5.7% from 2019-2024, according to a recent report from Mordor Intelligence.
This acquisition would reportedly enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile, and medical markets.
The global methyl methacrylate (MMA) adhesives market was valued at approximately $10.6 billion in 2018 and is projected to cross $13.5 billion by 2024.
Fiber-reinforced polymer components with structural foam ribbing and reinforcements can save more than 40 kg of weight per car vs. conventional all-metal designs.
In a joint study, Henkel and RLE International have examined and validated the potential of high-performance structural foam for lightweighting in automotive body and closure parts.
Many adhesive film manufacturers are shifting their manufacturing activities to emerging economies including China, India, Indonesia, Taiwan, and the Philippines.
Electrically conductive adhesive use is rising as fine spacing, environmental restrictions, and new materials impact or replace vehicle assembly methods.