NEW CHEMISTRIES ADD TO APPEAL OF ADHESIVES

22-11-2016

There can be few markets that are expanding as quickly as that for adhesives. Indeed, a recent report from Research and Markets forecasts that the global industrial adhesives market will grow annually by 5.2% over the next five years, rising from US $41.5 billion in 2016 to US $53.4 billion by 2021.

And while much of this growth is down to the increasing use of adhesives in manufacturing applications that might otherwise have used “traditional” fastening technologies, there are a number of other factors at work.

New chemistries have had a significant impact in recent years, particularly those with green credentials. Moreover, it appears that water-based formulations are the most popular of all types, particularly thanks to their lack of volatile organic compounds.  But the fastest growing formulations are the so-called “natural” organic-based adhesives, which have the added ecological credibility of coming from renewable organic resources.


Research and Markets
www.researchandmarkets.com

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