The American Society of Mechanical Engineers (ASME) recently published an updated standard—based in large part on research by the National Institute of Standards and Technology (NIST)—that includes language specifically for additive manufacturing (also known as 3D printing).
To develop Voices from the Top, we reached out to key leaders at some of the top adhesive and sealant companies to get their insights on a number of issues.
Thanks so much to the executives at Henkel, 3M, H.B. Fuller, Bostik, and Jowat who participated in this year’s Voices from the Top series. Here you can discover what they are thinking about subjects such as their companies’ strategies for success, supply chain issues and other challenges, and what opportunities they anticipate for the adhesives and sealants industry.
Four business areas comprise Adhesive Technologies: Packaging & Consumer Goods, representing 32% of the segment’s 2021 sales; Craftsmen, Construction & Professional, 31%; Automotive & Metals, 22%; and Electronics & Industrials, 15%. Each segment achieved double-digit organic sales increases for the year.
Bostik, Arkema’s Adhesives segment, achieved almost €2.3 billion (approximately $2.5 billion) in revenue in 2021. An increase of 14.1% over 2020, this represented 24% of Arkema’s total revenue for the year.
Avery Dennison employs about 36,000 people in close to 200 locations and 50 countries around the world. Its R&D spending increased by 21% in 2021, to $136.6 million. (The company declined to provide specific adhesives/sealants-related sales and other details.)
Net sales in Berry Global’s Health, Hygiene & Specialties segment grew 22% in the company’s 2021 fiscal year (ended October 2, 2021), to almost $3.2 billion. The segment produces adhesives, sealants, and tapes (among many additional products) for applications in aerospace, automotive, construction, medical, and others. (The company declined to provide specific adhesives/sealants-related sales and other information.)
DELO produces industrial adhesives for automotive, consumer, and electronics applications, as well as dispensing and curing equipment. The company’s total sales for its 2022 fiscal year (ended March 31, 2022) reached €182 million (approximately $194.8 million), a 9% increase over 2020.
Among myriad product offerings, DuPont produces adhesives and related solutions for applications in electric and hybrid vehicles and the automotive aftermarket, along with composite, glass, and rubber-to-substrate bonding. A company contact reports that the company’s 2021 net sales for adhesives, sealants, and related products was $780 million (up from $750 million in 2020).
General Sealants manufactures sealants (e.g., silicone, polysulfide, polyolefin, polyacrylic, ethylene propylene), butyl tapes, mastics, and vacuum bag sealant tapes for industries such as transportation, construction, electrical, and industrial manufacturing. Patrick Boyle, president and chief operating officer, expects the company’s R&D spending to increase in 2022. It “remained relatively constant” in 2021.
H.B. Fuller’s net revenue grew by 17.5% to reach almost $3.3 billion in 2021. The company’s three business units—Hygiene, Health and Consumable Adhesives (HHC); Engineering Adhesives (EA); and Construction Adhesives (CA)—all saw double-digit increases in net revenue for the year.