Several key trends will help drive the 6.1% CAGR expected for automotive adhesive tape revenues through 2028.
February 9, 2022
Automotive adhesive tapes are lighter than mechanical fasteners such as screws and fasteners and simplify the automobile manufacturing process. The global automotive adhesive tapes market was valued at $8.7 billion in 2020 and is expected to account for $13.8 billion by 2028.
Dow recently announced the availability of its new solvent-free SYL-OFF™ SL 184 coating, an energy-efficient alternative that minimizes misting at high product label production line speeds.
Arkema reports that it is accelerating its development in China in order to meet demand from customers in the lithium-ion battery business and support growth in the water filtration, specialty coatings, and semiconductor sectors.
February 7, 2022
Arkema’s previously announced 35% fluoropolymer capacity increase at its Changshu site in China has been revised upward to a capacity increase of 50%.
Polychloroprene has a long history in the world of adhesives. It has been the primary choice when fast, high-strength, and permanent bonds are needed in variety of applications, from shoe soles to foam bonding. Historically, polychloroprene adhesives have been solvent borne, but environmental and occupational safety reasons have recently caused a shift toward waterborne polychloroprene adhesives. One of the challenges in waterborne polychloroprene dispersion adhesives has been related to the thickening of these high pH systems, as well as the storage stability.
The division will pursue a strategy that includes the reuse of materials, increasing the use of recycled materials, and reducing the quantity of raw materials used.
February 4, 2022
As part of its roadmap to become a leading sustainable business, Fedrigoni Group has announced that its Fedrigoni Self-Adhesives division plans to increase the volume of advanced ESG solutions in its product portfolio from 35% to 70% by 2030.
Henkel has launched a global innovation call for separating plastic from silicone waste.
February 4, 2022
In collaboration with ChileGlobal Ventures, the venture capital arm of Fundación Chile, Henkel Chile has launched the global Seal the Cycle initiative to find technological solutions for plastic waste. The goal of the initiative is innovation in separating high-density polyethylene (HDPE) from silicone waste to enable the recycling of cartridges that cannot currently be reprocessed.