The global pine chemicals market is estimated to grow with a CAGR of over 5% from 2019-2027 to reach a value of over $19 billion.

As the corrugating industry’s workhorse, adhesives are diverse and cover a wide range of chemistries, forms, applications, and necessities. Packaging itself varies from heat-sealed polymers to plastics, foils, and paperboard.

Consumer sentiment continues to drive sustainability throughout the economy and society. Consumers often view packaging as wasteful, and they demand more sustainable options as a result. Many terms, such as reuse, recycle, compost, and reduction, resonate positively with consumers.

Manufacturers and scientists are continually pushing the envelope on eco-friendly adhesives, sealants, coatings, and potting and encapsulation compounds. Demand for green and sustainable formulations is expected to keep growing due to tightening legislation, consumer awareness, and new opportunities.