As industrial sectors and the housing market showed moderate growth, manufacturers of adhesives and sealants have also reported a moderate increase in demand.
Increased demand for adhesives and sealants is driven by the emergence of new market applications.
Henkel and RLE plan to present a new approach to the protection of battery units in next-generation electrical vehicles at the Battery Electric Vehicle Architectures Congress Europe 2018 (BEVA Europe) conference.
The concept of hybrid designs using high-performance structural foam that has been developed.
DELO-DUOPOX AB8162, a two-component epoxy resin with a focus on fast build-up strength, was developed for bonding lightweight structural joints in aircraft interiors.
Adhesives adoption in the automotive sector is projected to drive a $7 billion market by 2022.
The automotive adhesives market is set to grow rapidly over the coming five years as manufacturers move to lightweight vehicle designs, meet increased demand for crossover utility vehicles (CUVs) and sport-utility vehicles (SUVs), and use a range of different materials, according to a recent Smithers Apex report.
Developers of electric vehicles are on a very steep learning curve. Advancements seem to be emerging almost daily—especially as they relate to the power source, which includes battery pack design, engineering and assembly.
The award is reportedly based on its recent analysis of the North America automotive adhesives and sealants market.
Frost & Sullivan recently announced it has given Sika Automotive its 2018 North America Product Leadership Award for its best-in-class range of automotive adhesives.