This company’s new wood coating is a water-based surface additive for use in exterior wood stains and sealants.

Global consumption of formulated adhesives was 10.24 million metric tons in 2014, worth $29.4 billion, according to a recent study from Kusumgar, Nerlfi & Growney.

With governments and corporations increasingly emphasizing innovation, advanced materials, new energy technologies, and sustainability, applications for energy-cured coatings, adhesives, and sealant systems have grown rapidly.

Formaldehyde is a chemical widely used to manufacture building materials and various household products. Formaldehyde resin is an adhesive commonly used in woodworking, especially in veneer and lamination work. It is known for open working time, rigidity and moisture resistance.