A recent report from Research and Markets suggests that the global structural adhesives market will be worth US$15.527bn by 2021, representing a CAGR of 7% per year from 2016. This growth is primarily attributed to the “booming automotive industry,” and the rising usage of plastics in vehicle design.
The report also highlights a number of companies that are likely to take advantage of this growth, including Dow Automotive. Speaking to Automotive World, Eugenio Toccalino, Director of Strategic Marketing and Member of the Board of Management, Dow Automotive, explained the various approaches for vehicle lightweighting that the company offers.
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