INSTANT ADHESIVES MARKET ANALYSIS

Market News

 Instant adhesives Market Key Takeaways –

• In July 2019, Henkel announced an investment of USD 45 Mn to upgrade its Salisbury NC adhesive plant in North America. The upgraded facility will include a new space for UV acrylic adhesives used for packaging tape & labels. The investment has been done to strengthen the position of Henkel in North America region which accounts for 25% of the company’s sale.
• In November 2018, Henkel launched bonding kit for 3D applications including instant bonder, activator, primer, and cleaning products. The kit has been launched with the aim of providing easy bonding of prototyping parts used in 3D printing technologies.

In October 2018, Bostik, an Arkema company acquired Afinitica, a specialized in instant adhesive (Cynoacrylates). Afinitica patented an innovative process for the manufacturing of cyanoacrylate monomers used for instant adhesives. Therefore, this acquisition enabled Arkema to develop a solid position in instant adhesives used for electronics, medical and other durable goods applications.