Key players operating on the global polyester adhesives market are adopting various strategies such as merger & acquisition and partnerships among others to cater growing consumer demand.
In September 2019, INEOS, U.K. based chemical company, acquired Ashland Composites Business which is involved in manufacturing of vinyl esters, polyester resins and gel coats among others, for approximately US$ 1.1 billion to expand its composites business.
In March 2015, Sika AG, a specialty chemical company acquired Axson Technologies a manufacturer of polymers designing, prototyping, structural adhesives, tooling and composite materials to expand its product portfolio and consumer base.