24 March 2013 21:16 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS)--Accelerating growth is projected for polyurethane (PU)-based adhesives toward the end of 2013 and into 2014, an industry participant said on Sunday.
Demand for PU adhesives will be spurred by general continued improvement in construction, the source said on the sidelines of the International Petrochemical Conference (IPC).
However, demand for PU adhesives from the automotive industry is assessed as flat in the US and negative in Europe.
In contrast, demand from the automobile sector in Asia is growing at a double-digit percentage rate, the source said.
The adhesives sector in North America is generally gauged as steady-to-improving thus far in 2013, according to the source.
Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC continues through Tuesday.?xml:namespace>
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