The global demand for Laminating Adhesives Market is presumed to reach the valuation of nearly USD XX MN by 2032 from USD XX MN in 2023 with a CAGR of 7.32% under the study period of 2024-2032.
Laminating adhesives are used to keep substrates together after the lamination process. Laminating adhesives provide several benefits which include increased or decreased gas permeability, flame resistance, electrical insulation, heat resistance, thermoforming capability, chemical resistance, and optical clarity. It has a wide range of applications across end-user industries which include food pouches, frozen food cartons, pharmaceutical, agricultural containers, papers & graphics, instant photograph, and mold label among others.
Market Dynamics
The increasing demand for customer-friendly packaging is primarily driving the market growth. Increasing demand for packed food from the food and beverage industry is again accelerating the market growth. However, growing concerns regarding plastic disposal are likely to hinder the market growth. Whereas, renewed interest in water-based and solvent less adhesives is likely to provide potential opportunity over the forecast period.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of laminating adhesives.
Market Segmentation
The entire laminating adhesives market has been sub-categorized into technology, resin, and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Technology
- Solvent-borne
- Water-borne
- Solvent-less
- Other Types (UV and EB)
By Application
- Packaging (Food Packaging, Medical Packaging, Other Packaging)
- Industrial
- Transportation
- Other
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for laminating adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Laminating Adhesives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the laminating adhesives market include 3M, Arkema, Ashland, Coim Group, DIC India Limited, Dowdupont Inc., Evonik Industries AG, Flint Group, H.B. Fuller Company, Henkel AG & Co. KGaA, hubergroup, LD Davis., Sika AG, Toyochem co. ltd., Toyo-Morton Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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