According to the latest market study released by Technavio, the global petroleum resins market is projected to grow to USD 2,450.2 million by 2021, at a CAGR of more than 7% over the forecast period.

Bitumen, one of the oldest engineering materials known to the mankind, has been used for over a thousand years in ways such as pavement binder sealant, adhesive, and waterproofing agent.

Increasing need for weight reduction in end-user products offering high bonding solutions is expected to be a key determinant for industry growth over the next eight years.

Primex Color, Compounding & Additives (PCC&A), formerly O’Neil Color & Compounding, a leading supplier of color and polymer solutions for plastics processors, has released a line of Food and Drug Administration (FDA) -compliant thermoplastic elastomers (TPEs) for use in food contact, medical, health and beauty applications.

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The global printed tapes market is expected to reach $39.79 billion by 2025.Growing usage of the tapes for branding and marketing purposes is expected to bolster growth over the forecast period.

Today, disposable hygiene adhesives play a very important role in the manufacture of user-friendly and environment-friendly hygiene products. The disposable hygiene adhesives are mainly used for the production of disposable hygienic products such as baby diapers (nappies), feminine care products, and adult care products. Also these adhesives are used in other hygienic applications including medical dressings, hospital bed pads, and surgical drapes.

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The global bitumen market will expand at a CAGR of 3.90% to 2020. The market was valued at US$71.44 bn in 2013. It is expected to reach US$93.38 bn by the end of 2020.

Ashland has introduced two new solvent based pressure sensitive adhesives intended for use in demanding applications. Aroset PS-6426 will be used on aluminum foil tapes used in HVAC installations while Aroset PS-5333 will be used in medical and graphic contexts.

According to the latest market report published by Future Market Insights (FMI), the hot melt adhesives market is expected to be valued at US$ 5.4 Billion in 2015 and expand at a CAGR of 5.2% from 2015 to 2025, accounting for US$ 8.9 Billion by 2025.

Global high temperature adhesives market size is expected to reach over USD 4.5 billion by 2023