Lightweighting and replacing mechanical fasteners are key trends driving growth for PSAs in transportation.
The pressure-sensitive adhesives (PSAs) market is expected to surpass $11 billion by 2024, according to a research report by Global Market Insights Inc. The growth is due to increasing usage in the automotive and transportation industry, as PSAs are finding use as alternatives to bolts, clips, and rivets, thus improving the speed and ease of assembly.
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.
With increased emphasis on fuel efficiency and vehicular emission control, the reduction of vehicle body weight is reportedly gaining widespread importance throughout the world.
The global hot-melt adhesives market is expected to register a moderate compound annual growth rate (CAGR) during the forecast period.
Trending stories focused on end-use adhesives, sealants and coatings opportunities in the automotive, packaging and electronics markets were popular this year.
The year’s most-viewed market trends stories on the ASI website from 1/1/17 to date.
As vehicle manufacturers worldwide look to reduce weight from their cars and trucks in order to boost fuel economy and reduce emissions, they must set aside the mindset that has dictated traditional material and process choices and instead consider new and emerging technologies. This includes selecting adhesives and other joining options. Each car today contains, on average, 15 kg (~ 33 lbs) of adhesives,―and this amount will likely increase in the future.
The companies co-developed the technology, which reportedly delivers durability and manufacturing efficiency that is above industry standards.
PPG recently announced its partnership with Renault-Nissan Alliance to deliver structural adhesives to more than 1 million Renault, Nissan and Samsung cars across Europe, Asia, North America, and South America.
Key chemical industry topics such as sustainability, acquisition integration, innovation and more will be topics of the ASC Executive Leadership Conference.
Top executives will gather at the Adhesive and Sealant Council’s 2017 Executive Leadership Conference, scheduled to take place October 16-18 at the Westin LaPaloma Resort and Spa in Tucson, Ariz. The event promises to be an opportunity to network and learn from thought leaders in the industry. Topics to be discussed include key chemical industry developments as these relate to the adhesives and sealants industry, acquisition integration, innovation trends, and more.
Elastic bonding adhesives are found around the world in many industries, including construction, packaging, footwear, electronics, medical and transportation. They are essential for applications requiring strong joints without perforating substrates, a certain amount of flexibility to accommodate movement such as material expansion, protection from corrosion or the elements, and durability.