As the importance of sustainability continues to grow across industries, leading adhesives and sealants producers are increasing their focus on developing products that will reduce the carbon footprint of their own production activities, as well as those of their end users. According to a new report from the Freedonia Group, Global Adhesives & Sealants, this is…
Demand for reactive and hot-melt adhesives growing, finds new study
A new Freedonia Group analysis of the global adhesives and sealants finds that water-based adhesives will remain the most used product in 2025, accounting for nearly one-third of all demand. However, reactive and hot-melt adhesives and sealants are expected to gain greater popularity in use with some of the best opportunities moving forward. Overall, the…
Rising construction and supply spending leading to growth in manufacturing
The U.S. sales of industrial supplies at the wholesale level are forecast to rise 3.9% yearly in nominal terms through 2025, according to new findings from Freedonia Focus Reports. The largest driver of growth will be 3.8% annual gains in manufacturing shipments. This growth, originating in multiple categories of durable and nondurable goods, will support…
Double-sided tapes gaining popularity as reliable fastening systems
The $6 billion global market for double-sided tapes is poised for strong expansion through 2025, according to the Freedonia Group. In fact, the analysis forecasts global double-sided tape demand will grow five percent per year to 2.6 billion square meters in 2025. Double-sided tapes typically include three components: backing, pressure-sensitive adhesive, and one or more release coatings. Boosting…
Global demand grows for pressure-sensitive adhesives
A new Freedonia Group analysis projects global demand for pressure-sensitive (PSA) tapes to increase 3.8% per year to 58.4 million square meters in 2025, following declines in 2020 due to the economic impact of the COVID-19 pandemic. PSAs adhere simply with the application of pressure, requiring no additional solvent or heat for activation. The tapes…
Freedonia Group to moderate panel at Adhesives & Bonding Expo
The Foam Expo Connect and Adhesive & Bonding Expo Connect is launching a digital event with live sessions, August 24-28, 2020. With more than 16 sessions and virtual round table topics spread over five days, Foam Expo Connect is bringing together the key stakeholders in the foam and adhesive industries covering the most up-to-date content,…
U.S. industrial fastener sector to increase by 2.7% CAGR through 2023
The demand for industrial fasteners in the United States is expected to increase 2.7% per year through 2023 to $16.5 billion, according to the Freedonia Group, an international business research company. Given the fact that fasteners are used in the manufacture and repair of a vast array of durable goods, the market is mature and…