The market will continue to reward innovation in adhesives for packaging applications.
April 28, 2022
Adhesives will play a defining role in the future of packaging development, with the post-COVID marketplace providing a spur to sustainable technology. In 2021, the packaging industry is estimated to have consumed 5.40 million metric tons of adhesives. A forecast CAGR of 3.4% will push global consumption of packaging adhesives to 7.90 million metric tons in 2027.
Pressure-sensitive tape has a high degree of functionality, which in turn often results in savings of time and money, quality improvements via enhanced performance, and improved aesthetics. In multiple examples across several markets, process improvements such as reduced preparation time and decreased downtime add to the overall value generated by pressure-sensitive tape use.
Conagen recently announced the development of debondable hot-melt adhesives made with high-performance materials from sustainable and natural biomolecules.
The LANXESS Urethane Systems (URE) business unit will present its new sustainable Adiprene® Green prepolymer line at the Polyurethane Manufacturers Association (PMA) annual meeting, which will take place April 23-26 in Austin, Texas.
Ashland Global Holdings Inc. has announced the first in a series of sustainable business initiatives resulting in positive economic, environment, and social impacts from the company’s Responsible Solvers™ program.
Covestro exhibited its portfolio of sustainable coating solutions at the recent 2022 American Coatings Show, helping pave the way for a shift to the circular economy.