The North-America region is the largest consumer of packaging adhesives market


Posted April 12, 2019 by Chemical-Research-Expert

The global packaging adhesives market, along with its applications, has witnessed a good growth for the past few years and this growth is estimated to increase in the coming years.

 
The global packaging adhesives market, along with its applications, has witnessed a good growth for the past few years and this growth is estimated to increase in the coming years. The properties such as tackiness, handling strength, curing conditions, peel stress, withstanding temperature range, and performance under various conditions will be the key influencing factors for the global packaging adhesives with an increased emphasis on its different applications.


Browse 86 market data tables and 51 figures spread through 155 pages and in-depth TOC on “Packaging Adhesives Market by Technology (Water Based, Solvent Based, Hot-Melt Based & Others) and by Application (Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons, Specialty Packaging & Others) - Global Forecast to 2019"


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Major share of total packaging adhesives market demand was consumed by the corrugated packaging in the packaging adhesives industry in 2013. Flexible packaging will be fastest growing applications of packaging adhseives. The drivers of the packaging adhesives industry are growing food & breverages industry, increasing consumer awareness of food safety, growing infrastructure in emerging countries such as China, India, and Brazil.


Currently, the North-America region is the largest consumer of packaging adhesives and Asia-Pacific region is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific packaging adhesives market, with China having the largest share in the regional volumetric consumption of packaging adhesives. The market volume of packaging adhesives is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.


The North America and the Asia-Pacific regions are the most active markets in terms of strategic initiatives, owing to their market demands. The folding cartons end use application has led the rapid growth in the packaging adhesives market.


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The significant packaging adhesives manufacturers include Henkel (Germany), HB Fuller (U.S.), Bostik (France), Paramelt (The Netherlands), Bostik (Europe), 3M (U.S.), Avery Dennison (U.S.), Jowat Corp (Germany), Sika (Switzerland), Wacker chemie (Germany), Ashland (U.S.), Dymax (U.S.) and other local players.


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Tags adhesives , packaging , packaging adhesives , packaging adhesives market
Last Updated April 12, 2019