Although it’s tough to imagine the pandemic offering benefits of any kind, COVID-19 has correlated to growth for the electronic adhesives sector. The growth trend is due to the greater demand for electronic components and devices to boost contactless interaction and to use remote information technologies. According to JEITA — the global electronics, which is…
Report: A growing demand for hybrid resins in adhesives & sealants
The MS polymer adhesives market is projected to grow from U.S. $4.2 billion to $5.9 billion by 2025, according to a new report from Research and Markets. This represents a CAGR of 7.2% between 2020 and 2025.The global MS polymer adhesives market is driven by the growing demand for hybrid resins in manufacturing adhesives and sealants —…
Global packaging adhesives market expects CAGR growth of 5% by 2025
The global packaging adhesives market is currently witnessing growth. Packaging adhesives refer to the sticking agents that are used for binding together two or more pieces of packaging materials. Some of the common types of packaging adhesives include solvent-based, water-based, and hot-melt adhesives. Water-based adhesives are used for porous or non-porous substrates, such as starch, dextrin…
Structural adhesives for wind-turbine blades expected to grow at a CAGR of 4%
Industrial adhesives used in the wind energy industry are diverse and evolving, extending beyond the routine macro-economic elements of supply and demand. The level of demand for adhesives has increased significantly because of the prevalence of modular blades and the growth of the wind industry, in general. Different types of adhesives are used for turbine…
Global epoxy resin market expected to grow at a CAGR of 6.8% to 2026
The global epoxy resin market is anticipated to grow at a CAGR of about 6.8% between 2020-2026, according to a new report from Research and Markets. Epoxy resin belongs to the class of thermoset polymer and is made from a monomer that contains at least two epoxide groups. Attributed to its strong adhesive property, epoxy…
Global automotive adhesive industry to grow at a CAGR of 7% by 2030
The global automotive adhesives and sealants market generated a revenue of $7,438.2 million in 2019 and is expected to reach a value of $12,646.8 million in 2030 — progressing at a CAGR of 7.0% between 2020 and 2030. This is according to a new report from Research and Markets, currently the world’s largest market research center. The prominent…
Medical adhesives & sealants sector to grow at a CAGR of 7.5% to 2027
The global medical adhesive and sealants market is expected to reach U.S.$17,468.1 million in 2027 from $9,867.9 million in 2019. The market is estimated to grow with a CAGR of 7.5% from 2020-2027. This is according to a new report from Research and Markets. Based on the findings, a growing number of medical implantation/transplantation procedures being carried out…
Aerospace adhesives market expected to grow at a CAGR of 3%, says new report
The level of demand for aerospace adhesive has increased over the previous few years. Despite the pandemic, it is expected to grow throughout the next several years, according to a new report. Aerospace adhesives — such as epoxy and others — are used in various aircrafts like commercial aircraft, regional aircraft, general aviation, defense aircraft,…
Polypropylene-backed tapes lead the PSA market globally
Demand for packaging pressure-sensitive adhesive (PSA) tapes used in essential goods has increased in some markets. These include include for the food & beverage, hygiene, and home products packaging industries. PSA tapes demand in e-commerce packaging is also expected to increase significantly in 2020. However, for others, Covid-19 was particularly harmful. For example, PSA packaging…
Global riveting tools market to reach $371.48 million by 2027
The global riveting tools market accounted for $210.76 million in 2018 and is expected to reach $371.48 million by 2027 growing at a CAGR of 6.5% during the forecast period. The high use of riveting tools in the construction industry and growth in the demand from the automotive industry are fueling the market growth, according to ResearchAndMarkets.com.…