The hot-melt adhesives (HMA) market is projected to grow from U.S. $9.1 billion in 2022 to $11.4 billion by 2027 — at a CAGR of 4.8% between 2022 and 2027. This is according to a new report from MarketsandMarkets. HMA are highly effective when the temperature is close to their flow point, making movement and…
Electric vehicle adhesives market worth $1.8 billion by 2026
Vehicle manufacturers announced increasingly ambitious electrification plans. Out of the world’s top 20 vehicle manufacturers, which represented around 90% of new car registrations in 2020, 18 have stated plans to widen their portfolio of models and to rapidly scale up the production of light-duty electric vehicles. The growth of electric cars is driven by critical…
Non-woven adhesives market worth $3.5 billion by 2025
The non-woven adhesives market size is currently estimated to be worth about U.S. $2.3 billion and is projected reach $3.5 billion by 2025 — at a CAGR of 8.5%, between 2020 and 2025. This is according to a new market research report by MarketsandMarkets. The ever-increasing urban population is a major factor in the increase in…
Why the bioadhesives market is growing — and to $9.7 billion by 2025
The use of bioadhesive applications are significantly increasing in the end-use industry markets, although they have different characteristics depending on their application requirements. Bioadhesive materials cover a broad range and include any natural or synthetic substance that can adhere to a biological substrate and is capable of being retained on that surface. The growth of…
Adhesives & sealants sector worth $80 billion by 2025
A new report from MarketsAndMarkets, a B2B research firm, finds that the global adhesives and sealants market size will grow to U.S. $80 billion by 2025 from $63.2 billion in 2020 — and at a CAGR of 4.8% during this period. The growth of the market is supported by the increasing construction and automobile applications,…
Plastic adhesives market worth $9.2 billion by 2025
According to a new report published by MarketsandMarkets, which provides quantified B2B research on a global scale, the plastic adhesives market size is projected to grow to U.S. $9.2 billion by 2025 from $6.8 billion in 2020 — and at a CAGR of 6.3% during that time period. Based on the new report, Plastic Adhesives…
Reactive hot-melt adhesives market worth $1.8 billion by 2025
Hot-melt adhesive is a thermoplastic that’s melted, typically using a glue gun, and applied in a molten state. As it cools it solidifies and forms a bond. Reactive hot-melt adhesives are largely used in the automotive and transportation, furniture and upholstery, lamination, doors and windows, and textile applications. According to MarketsandMarkets‘ new research report, Reactive…
Thermal-spray coatings market expected to hit $10.7 billion by 2025
According to the new market research report, “Thermal Spray Coatings Market,” this sector is expected to grow from USD 7.6 billion in 2020 to USD 10.7 billion by 2025, at a CAGR of 7.0%. According to research firm, MarketsandMarkets, the expected growth of the thermal spray coatings market is attributed to increasing consumption of coating treatments for…
What market growth is expected for sensors? Part 3: Drone Sensors
Drones represent a focused application for many different types of sensors. In broad terms, the sensors in these applications can be classified as optical, acoustic, position, touch, environment and other sensors. More specifically, the sensor types include: inertial sensors (accelerometers, gyroscope, magnetometers, tilt), image sensors (infrared, thermal, multispectral, 3D), speed and distance sensors (radar, LiDAR, […]