Broadly speaking, a market disruptor may include a technology, method, process, service, or channel with superior performance and customer benefits delivered at an attractive price point that can unexpectedly displace an incumbent. Porter’s Five Forces, created by Harvard Business School’s then-associate professor Michael E. Porter, Ph.D., has provided a framework for taking a “snapshot in time” of any potential threat to a business’ profits (not limited to a business losing its customers to an existing rival.
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 adhesives and sealants industry is seeing growth opportunities in many end-use sectors.
November 3, 2016
The adhesives and sealants market is forecast to exceed $40 billion and $9.5 billion by 2023, respectively, according to a recent report from Global Market Insights Inc. Automotive, packaging and construction have traditionally been high consumption application avenues for the industry. Technology innovation focused on smart and sustainable product solutions could see over 4.5% compound annual growth rate (CAGR) by 2023.
Replacing mechanical fasteners with adhesives offers a host of benefits in the transportation industry.
October 3, 2016
With the explosion of internet shopping over the past few years, demand for delivery vehicles has skyrocketed. As a result, vehicle manufacturers have had to strive for maximum payload to keep delivery costs to a minimum. The continuing focus for manufacturers is to increase the payload of their vehicles, thereby increasing their efficiency.
Contributors are wanted to study the demand for a UK-based large composites structures center as part of a study for the Department of Business, Innovation and Skills (BIS).
The world’s growing population and wealth, combined with raw materials scarcity, influence the adhesives market. Manufacturers are searching for bio-based solutions in order to reduce reliability on scarce raw materials and improve the carbon footprint of their products.