The market for bio-based adhesives and sealants is expected to register a compound annual growth rate (CAGR) of 4.49% during the forecast period, 2018 to 2023, according to the recent report from Research and Markets. This growth is reportedly primarily driven by the increasing demand from the packaging sector and stringent regulations for conventional adhesives in the U.S.
Bio-based adhesives are finding increasing applications in the packaging sector, majorly for PET container packaging, flexible packaging, corrugated boards, carton side seams, and film-foil laminates, according to the report.
Top 5 News that Sticks for October 7-13
1. Bio-Based Adhesives Market Continues to Grow
2. Dow Announces Plans for Silicone Resin Plant (#2 last week)