ADHESIVE COATING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In February 2023, 3M launched a new medical adhesive, 3M Medical Tape 4578, featuring a 28-day wear time—double that of its predecessor. Designed for sensors, health monitors, and long-term medical wearables, it enables cost savings, enhanced data collection, and reduced patient disruption. Offering liner-free stability and a one-year shelf life, the adhesive provides greater flexibility for device manufacturers. 3M Company, originally known as the Minnesota Mining and Manufacturing Company, is an American multinational, the company operates across various sectors, including industry, worker safety, and consumer goods.
• In February 2022, Arkema acquired Ashland's performance adhesives business in the U.S., a strategic move to bolster its adhesive solutions portfolio. In 2021, Ashland's North American performance adhesives division reported the sales of approximately USD 360 million. Arkema S.A., is a leading global manufacturer of specialty materials. The company operates in over 55 countries, employing approximately 21,100 individuals across 151 production sites and 17 research and development centers.