This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
The waterborne adhesives market in Europe was estimated at $3.26 billion in 2014 and is projected to grow at a compound annual growth rate (CAGR) of 5.8%.
March 1, 2016
The waterborne adhesives market in Europe was estimated at $3.26 billion in 2014 and is projected to grow at a compound annual growth rate (CAGR) of 5.8%, according to “Europe Waterborne Adhesives Market Segmented by Product Type, By Polymer, By Application, By End User Industry, and Geography Trends and Forecasts (2015-2020)” during the forecast period.
The global consumption of coatings, adhesives, sealants and inks (CASI) is being driven primarily by construction applications.
March 1, 2016
Global consumption of coatings, adhesives, sealants and inks (CASI) was 54.1 million tons in 2014, worth $182.6 billion, according to Kusumgar, Nerlfi & Growney. Volume growth is forecast at a 5% annual rate, with coatings, adhesives and sealants matching the overall growth, but inks trailing at only 2% per year.
The market for carbon fiber-reinforced plastics composites is projected to grow 9.9% between 2015 and 2020, mainly due to demand in the aerospace and defense and automotive sectors.
Carbon fiber-reinforced plastics (CFRP) are lightweight and high-strength composites designed for enhanced performance in a number of applications. They offer improvement in structural, functional or cosmetic properties.