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.
Nordson ASYMTEK, a Nordson company, recently announced that its president, Pieter Bierhuis, has been invited to join the IPC Surface Mount Equipment Manufacturers Association Council (SMEMA).
The global PSA market is expected to reach $8.4 billion by 2018.
April 1, 2014
The increasing need for weight reduction of end-user products, high bonding solutions, sustainable developments, growing tape demand, rising GDP and purchasing power, are all expected to drive the global pressure-sensitive adhesives (PSA) market to $8.4 billion by 2018.