The Global Laminating Adhesives Market size was valued at USD 3,350 million in 2022 and is projected to reach USD 5,860 million by 2033, growing at a CAGR of 6.0% during the forecast period.
The laminating adhesives market refers to the industry that deals with the production, distribution, and sale of adhesives used in laminating processes. Laminating adhesives are specialized adhesives used to bond or join two or more substrates together in a laminating process. These adhesives are commonly used in industries such as packaging, automotive, construction, and electronics.
Laminating adhesives offer various benefits such as improved durability, enhanced aesthetics, increased strength, and resistance to temperature, moisture, and chemicals. They are used in applications such as flexible packaging, graphic arts, automotive interiors, industrial laminates, and construction materials.
The market for laminating adhesives is driven by factors such as the growing demand for packaged food and beverages, increasing construction activities, rising automotive production, and the growing popularity of flexible packaging. The industry is also influenced by advancements in adhesive technology, such as the development of eco-friendly and low volatile organic compound (VOC) adhesives.
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Factors such as economic conditions, environmental regulations, and technological advancements can impact the growth of the laminating adhesives market. Additionally, the increasing focus on sustainability and recyclability is driving the demand for eco-friendly laminating adhesives.
Flexible packaging has gained significant popularity in various industries such as food and beverage, pharmaceuticals, personal care, and others. Laminating adhesives play a crucial role in the production of flexible packaging materials, as they are used to bond different layers of films, foils, or papers together to create a composite structure. There are several reasons behind the increasing demand for flexible packaging. Firstly, flexible packaging offers advantages such as lightweight, durability, and convenience. It is easier to handle, transport, and store compared to traditional rigid packaging options. Additionally, flexible packaging provides superior barrier properties, such as moisture resistance, oxygen barrier, and UV protection, which helps in preserving the quality and extending the shelf life of various products. Another factor contributing to the demand for flexible packaging is the changing consumer preferences and lifestyles.
Top key Players of Global Laminating Adhesives Market:
- Henkel AG & Co
- BASF SE
- The Dow Chemical Company
- Ashland Global Specialty Chemicals Inc.
- Bostik
- HB Fuller
- ACTEGA
- Beijing Comens New Materials
- Sun Chemical
- IVP Limited
- COIM Group
- Morchem
- NANPAO
- Megabond
- Others
Global Laminating Adhesives market: Segmental Analysis
Resin Type:
- Polyurethane Laminating Adhesives
- Solvent-based Laminating Adhesives
- Water-based Laminating Adhesives
- Reactive Laminating Adhesives
- Others
Substrate Type:
- Paper
- Plastic
- Metal
- Glass
- Composite materials
- Others
End-Use Industry:
- Automotive
- Construction
- Electronics
- Others.
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Global Laminating Adhesives Market: Regional Analysis
The countries covered in the regional analysis of the Global Laminating Adhesives market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
- The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
- Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
- Porter’s Five Force Model and SWOT analysis are used to study the global Laminating Adhesives market and would help stakeholders make strategic decisions.
- The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
- In-depth analysis of the types of Laminating Adhesives would help in identifying future applications in this market.
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
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