Global Polyurethane Hot-Melt Adhesive Market Leads the News

Predictions about the global polyurethane hot-melt adhesive received the most clicks last week.

The global polyurethane hot-melt adhesive market is expected to register a compound annual growth rate (CAGR) of 7.83% during the forecast period of 2018 to 2023. This growth is primarily driven by rapidly growing demand from woodworking and automotive industries, and growing environmental awareness.

Environmental awareness is reportedly one of the key factors driving the market. Volatile organic compounds (VOCs) emission in adhesives is a factor of concern. Constant push from regulatory authorities, such as Environmental Protection Agency and REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals), is likely to limit the use of solvent-borne adhesives.

Top 5 News that Sticks for February 10-16
1. Global Polyurethane Hot-Melt Adhesive Market to Rise 7%

2. R.D. Abbott Expands LORD Distribution

3. Evonik Polyamide Complex Construction on Schedule

4. Henkel Announces Additive Manufacturing Partnership

5. 3M Reports 2018 Sales Grew 3.5%

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Teresa McPherson was the former Editor of Adhesives & Sealants Industry. She has held several editorial positions during her more than 20 years with BNP Media. She holds a bachelor’s degree in English and journalism from Eastern Michigan University.