According to Goldstein Research, the global laminating adhesives market is expected to reach USD 8.12billion by 2025, expanding at a CAGR of 9.1% over the forecast period, 2017-2025. The high growth witnessed in allied industries which are using laminating adhesives are primarily driving the demand for laminating adhesives and thus the growth of the market. With the advance developments, there is a trend of commercial use of low-migration UV curable laminating adhesive, specifically in the packaging industry. This is ideal for opaque substrates and keeps the food and beverage safe. Such developments are contributing towards the immense growth of fresh food packaging market. Laminating adhesive market based on geography is dominated by Asia Pacific region which acquires a market share of 36.2% in 2017.
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Market Segmentation
On the basis of our in-depth analysis, Global Laminating Adhesive Market can be segmented as follows:
By Product Type
• Solvent Based Laminating Adhesive
• Solventless Laminating Adhesive
• Water Based Laminating Adhesive
• Dry Bond Lamination Adhesive
• Wet Bond Lamination adhesives
• Water Based Heat Seal Coating
• Hardener
By End-User
• Packaging industry
• Automobile industry
• Healthcare industry
• Food and Beverages industry
• Construction industry
• Woodwork and furniture industry
• Others (footwear, Electronics, etc.)
By Region
• North America Laminating Adhesive Market Analysis, 2016-2024
• Europe Laminating Adhesive Market Analysis, 2016-2024
• Middle East And Africa Laminating Adhesive Market Analysis, 2016-2024
• Latin America Laminating Adhesive Market Analysis, 2016-2024
• Asia Pacific Laminating Adhesive Market Analysis, 2016-2024
• Rest Of The World Laminating Adhesive Market Analysis, 2016-2024
Polyurethanes, polyvinyl acetate, epoxy, styrenic block, and ethylene vinyl acetate are major chemical compositions of laminating adhesive. Polyurethanes has varied applications other than laminating adhesive. For instance, polyurethane foam market is also a major end user of polyurethane. Thus it is readily available for the manufacturing adhesive.
“Global Laminating Adhesive Market Analysis” contains a detailed overview of the global laminating adhesive market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, end users and geography.
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The Global Laminating Adhesive Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of laminating adhesive market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global laminating adhesive market discussed in the report are Ashland Inc, BASF SE, Bostik SA, Dymax Corporation, Henkel AG & Company, Sika AG, The Dow Chemical Company, ADCO Global Inc. and Henkel AG & Company, etc.
Further, Global Laminating Adhesive Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Laminating Adhesive Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
Global laminating adhesive market is also triggering on the back of advancement in adhesives and sealants market which, according to our report, is expected to reach USD 62.8 billion by 2024 from an estimated market size of USD 43.6 billion in 2015, growing at a CAGR of 4.6% over the forecast period 2016-2024. The application of Adhesives & sealants in fast-growing automotive, packaging & construction industries is majorly driving the growth of this market.
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