The global market for adhesives and adhesive applying equipment is expected to total almost $48.7 billion and $62 billion in 2016 and 2021, respectively, reflecting a five-year compound annual growth rate (CAGR) of 5%.

The rising cost of oil and its effect on raw material prices is reportedly a key growth factor in the adhesives industry. A new report from BCC Research reveals that, although prices of oil and intermediate materials have risen sharply, prices of finished goods have not.

Top 5 News that Sticks for September 6-13

1. Increasing Global Competition, Pricing Pressures Trending Upward in Adhesives Industry (#4 last week)

2. Bayer MaterialScience Becomes Covestro

3. Ellsworth Adhesives Partners with Henkel Loctite for Medical Webcast

4. SCIGRIP Appoints Winroy Industrial Polymers as Distributor

5. FLEXcon Supplies NASA with Polyimide Aerogel Technology