Adhesives and Sealants l Key Industry Trends
Due to the growing trend of lightweight and low carbon emitting vehicles, the adhesives and sealants for the automotive industry is expected to be further innovative in terms of strength & durability performance features
Growing economies in Asia are expected to be the most innovative and lucrative market for adhesives and sealants due to the increasing population and density of technological advancements in these economies.
Market Trends & Dynamics
The increasing consumer awareness about sustainability and green chemistry will further push the industry towards bio-based adhesives (such as using wood pulp) even in the near future. These alternative solutions will have extra advantage of meeting the stringent VOC emission standards in the US and Europe.
Due to the recent advancements in technology, high performance adhesives for aerospace, medical and other specialty applications to perform in extreme situations, are expected to witness massive innovations and growth, including the development of hybrid adhesives.