Though the events of the past two years have posed significant potential roadblocks to research and development efforts, companies in the adhesives and sealants industry are still focused on innovation.
As we’ve all seen, the events of the past two years have posed significant potential roadblocks to research and development efforts. How are companies evaluating the multiple issues involved, exploring potential solutions, and pivoting to ensure their companies remain focused on innovation in these challenging times?
Construction adhesives are a growing business, and for good reason. They can be used in almost any construction project, big or small, and they strengthen and improve the longevity of common projects like installing subflooring, hanging drywall, finishing trim and moldings, and hanging cabinets, as well as outdoor landscaping and finishing projects.
Sika recently announced that it has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia.
After two postponements due to the COVID-19 pandemic, the 2022 World Adhesive and Sealant Conference (WAC 2022) was held in April. More than 1,250 industry professionals from 26 countries had the opportunity to come together in Chicago, make meaningful connections, and build opportunities for long-term growth.
Henkel recently announced the opening of its Application Center in Santa Clara, Calif., which is designed to support product development for the company’s high-tech customers in the Silicon Valley region.
According to the most recent National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, builder confidence took a steep drop in May, a sign that the housing market is now slowing.
While structural adhesives provide step-change innovations beyond mechanical fastening, multiple factors need to be taken into consideration to ensure optimal results.
Design engineers are increasingly embracing a shift from mechanical fasteners to structural adhesives in sectors ranging from automotive and aerospace to energy and construction. In fact, the market for structural adhesives is projected to grow at a 6.9% CAGR (2021-2030) to reach a value of $27.9 billion worldwide by 2030.