The global market for industrial fasteners is estimated at U.S. $89.7 billion in the year 2022 and is projected to reach a revised size of $124.9 billion by 2030 — growing at a CAGR of 4.2% over the analysis period 2022-2030. This is according to a new report from ResearchAndMarkets. The global industrial fasteners market…
Global welding machinery market to hit $21.5 billion by 2030
The global market for welding machinery estimated at U.S. $13.1 billion in the year 2022, is projected to reach a revised size of $21.5 billion by 2030 — growing at a CAGR of 6.4% over the analysis period 2022 to 2030. This is according to a new report from ResearchAndMarkets. Arc welding, one of the…
Global bolts market to reach $11.44 billion by 2030
The global bolts market is projected to experience substantial growth, with an expected value of $11.44 billion by 2030, up from $8.29 billion in 2023 — at a CAGR of 4.7% during the forecast period. This is according to a new report from MarketsAndResearch. Market overview The global bolts market is a vital industry that encompasses the manufacturing,…
There’s a growing demand for bio-based adhesives
The adhesives industry is evolving, attributed to the stricter implementation of government regulations for volatile organic compounds (VOCs), the ban on toxic chemicals in adhesive manufacturing, and the rising consumer demand for sustainable products. In line with these transformative trends, adhesive manufacturers aim to offer sustainable solutions while moving toward sustainable production and consumption processes…
Demand for bioadhesives expected to grow rapidly
The global bioadhesives market is expected to reach U.S. $65.1 billion by 2028, increasing rapidly owing to the population and environmentally friendly substitutes of synthetic adhesives. The global market was valued at $44.37 billion in 2020, according to a new report from ResearchAndMarkets. Bioadhesives are natural polymers with an enclosed molecular composition that doesn’t allow infiltration between the…
The demand for bio-based adhesives is growing significantly
The global bio-based adhesives market is expected to grow at a CAGR of 4.85% until 2027, according to a new report from ResearchAndMarkets. The global industry is expected to witness an absolute growth of 32.85% during the forecast period. Factors like evolving emission regulation across the globe, rapid industrialization across emerging economies, and the stringent regulation to…
Global power-tool accessories market is growing, thanks to new construction
The global power-tool accessories market is expected to grow at a CAGR of 6.55% during 2022-2027, according to a recent report from ResearchAndMarkets. Power tools are an efficient solution for workers across industries that also help eliminate manual labor. These tools — which include drilling and fastening tools, demolition tools, sawing and cutting tools, and…
Aerospace interior adhesive market expected to reach $1.38 billion in 2026
The global aerospace interior adhesive market is expected to grow from $1.03 billion in 2021 to $1.11 billion by the end of 2022 at a compound annual growth rate (CAGR) of 8.3%. The aerospace interior adhesive market is expected to reach $1.38 billion in 2026 at a CAGR of 5.6%. This is according to a…
Global adhesives and sealants market expected to hit $85.8 billion by 2026
The adhesives and sealants market is projected to grow from U.S. $71.4 billion in 2021 to $85.8 billion by 2026, at a CAGR of 3.7% between 2021 and 2026. This is according to a new report from ResearchAndMarkets. The major drivers for the growth are increased demand for adhesives in the medical industry, increasing demand…
Adhesives and sealants market size to hit $95.41 billion by 2028
The global adhesives and sealants market size is expected to reach U.S. $95.41 billion by 2028, expanding at a CAGR of 6.0% during this time. This is according to a new report from ResearchAndMarkets. Rising investments in construction and infrastructure are projected to play a key role in the expansion of the market. The positive outlook…
Cordless power-tools market to grow at a CAGR of 9.49% by 2026
The cordless power-tools market by revenue is expected to grow at a CAGR of 9.49% during the period 2021-2026. This is according to a new report from ResearchAndMarkets, the “U.S. Cordless Power Tools Market.”The increasing demand for efficient power tools is gaining traction in the global market. The surge in the infrastructure and the construction sectors…
Supply and demand expected to accelerate bio-based adhesives market
The latest study from ResearchAndMarkets assesses the current status and the future prospects of the global bio-based coatings, adhesives, and sealants (CAS) market. It covers the volumes and the revenues generated from bio-based materials from 2017 to 2027. Revenues are recorded at the raw material (resins, pigments, solvents, and additives) level. Over the past few…
Global chemical anchors market to hit $1.2 billion by 2028
The global chemical anchors market size is expected to reach U.S.$1.20 billion by 2028, expanding at a CAGR of 4.1% from 2020 to 2028. This is according to a new report, Global Chemical Anchors Market 2020-2028, from ResearchAndMarkets. The rising demand for chemical anchors across industrial and infrastructure projects is primarily owing to their superior performance…
Aerospace fastener sector projected to reach $6.9 billion by 2027
Amid the height of the COVID-19 crisis, the global market for Aerospace Fasteners was estimated at U.S.$5.3 billion in the year 2020. It’s now projected to reach a revised size of $6.9 billion by 2027 — growing at a CAGR of 4% over the period 2020-2027. The aerospace fasteners market in the U.S. is estimated…
The cordless power tools market is growing in demand
The global cordless power tools market by revenue is expected to grow at a CAGR of over 10.54% during the period 2020-2026. This is according to a new report from ResearchAndMarkets. Rapid industrialization and increasing applications in residential and commercial sectors are primarily driving the cordless power tools market growth. These tools are used mainly…
Electronic adhesives market expects a CAGR growth of 9% by 2026
Although it’s tough to imagine the pandemic offering benefits of any kind, COVID-19 has correlated to growth for the electronic adhesives sector. The growth trend is due to the greater demand for electronic components and devices to boost contactless interaction and to use remote information technologies. According to JEITA — the global electronics, which is…
Report: A growing demand for hybrid resins in adhesives & sealants
The MS polymer adhesives market is projected to grow from U.S. $4.2 billion to $5.9 billion by 2025, according to a new report from Research and Markets. This represents a CAGR of 7.2% between 2020 and 2025.The global MS polymer adhesives market is driven by the growing demand for hybrid resins in manufacturing adhesives and sealants —…
Global packaging adhesives market expects CAGR growth of 5% by 2025
The global packaging adhesives market is currently witnessing growth. Packaging adhesives refer to the sticking agents that are used for binding together two or more pieces of packaging materials. Some of the common types of packaging adhesives include solvent-based, water-based, and hot-melt adhesives. Water-based adhesives are used for porous or non-porous substrates, such as starch, dextrin…
Global epoxy resin market expected to grow at a CAGR of 6.8% to 2026
The global epoxy resin market is anticipated to grow at a CAGR of about 6.8% between 2020-2026, according to a new report from Research and Markets. Epoxy resin belongs to the class of thermoset polymer and is made from a monomer that contains at least two epoxide groups. Attributed to its strong adhesive property, epoxy…
Global automotive adhesive industry to grow at a CAGR of 7% by 2030
The global automotive adhesives and sealants market generated a revenue of $7,438.2 million in 2019 and is expected to reach a value of $12,646.8 million in 2030 — progressing at a CAGR of 7.0% between 2020 and 2030. This is according to a new report from Research and Markets, currently the world’s largest market research center. The prominent…
Medical adhesives & sealants sector to grow at a CAGR of 7.5% to 2027
The global medical adhesive and sealants market is expected to reach U.S.$17,468.1 million in 2027 from $9,867.9 million in 2019. The market is estimated to grow with a CAGR of 7.5% from 2020-2027. This is according to a new report from Research and Markets. Based on the findings, a growing number of medical implantation/transplantation procedures being carried out…
Aerospace adhesives market expected to grow at a CAGR of 3%, says new report
The level of demand for aerospace adhesive has increased over the previous few years. Despite the pandemic, it is expected to grow throughout the next several years, according to a new report. Aerospace adhesives — such as epoxy and others — are used in various aircrafts like commercial aircraft, regional aircraft, general aviation, defense aircraft,…
Polypropylene-backed tapes lead the PSA market globally
Demand for packaging pressure-sensitive adhesive (PSA) tapes used in essential goods has increased in some markets. These include include for the food & beverage, hygiene, and home products packaging industries. PSA tapes demand in e-commerce packaging is also expected to increase significantly in 2020. However, for others, Covid-19 was particularly harmful. For example, PSA packaging…
Global riveting tools market to reach $371.48 million by 2027
The global riveting tools market accounted for $210.76 million in 2018 and is expected to reach $371.48 million by 2027 growing at a CAGR of 6.5% during the forecast period. The high use of riveting tools in the construction industry and growth in the demand from the automotive industry are fueling the market growth, according to ResearchAndMarkets.com.…