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. The award is reportedly based on its recent analysis of the North America automotive adhesives and sealants market.
"Sika offers value-added innovations focused on addressing specific customer needs, such as comfort and safety, while reducing weight, improving fuel efficiency, and lowering emissions," said Soundarya Gowrishankar, industry analyst at Frost & Sullivan. "Its solutions for lightweighting can help achieve up to 40% weight reduction in the car body in white while saving 400,000 tons of steel each year …. Globally, nearly 25 million vehicles per year are lighter, stronger, and safer due to Sika's BIW products. Additionally, more than 50% of vehicles manufactured each year use Sika products."
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Top 5 News that Sticks for September 2-8
1. Sika Automotive Receives Product Leadership Award
2. Global Auto Adhesive Market to Grow 5%
3. LyondellBasell Begins Construction of the World's Largest PO/TBA Plant
4. Huntsman Opens Formulations Manufacturing Facility in Vietnam
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