The rising demand for adhesives and sealants across various applications is reportedly expected to drive the growth of the adhesives and sealants market.
The adhesives and sealants market is projected to grow from $56.59 billion in 2018 to $71.99 billion by 2023.
The demand for structural adhesives has been increasing in applications such as building and construction, bus and truck, automotive, wind energy, marine, rail, aerospace, and others.
The global structural adhesives market is projected to reach 2,024.67 kt by 2022.
Researchers in Switzerland are showing promising results for tannins extracted from native tree bark becoming a renewable alternative in producing adhesives and composite materials.
“Gaining ClassNK approval is a significant step forward for the growth of our structural adhesives in the ship building industry,” said Jonathan Stowell, global adhesives director.
Scott Bader recently announced its structural adhesives have received the ClassNK Certificate of Approvals for Steel and GFRP Applications in the ship building industry.
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.