Adhesives are utilized for joining as well as assembling of different materials surfaces. Both dry lamination techniques, along with wet lamination techniques, are widely utilized in laminating adhesive. Laminating adhesive has a wider application in various industrial and domestic uses. It is primarily designed to attach or fix two different surfaces together. The different chemical compositions of laminating adhesives mainly include polyurethanes, epoxy, styrenic block, polyvinyl acetate, and ethylene-vinyl acetate. It is further widely applicable in minimizing weight, vibration-dampening joint, and leakage control of fluids or gases.
MARKET DYNAMICS
The laminating adhesive market has witnessed significant growth owing to factors such as wider resin types in industries such as packaging, industrial, automotive & transportation, and others. The rise in demand for low volatile organic compounds (Voc) as well as environmentally sustainable adhesives is some of the prime drivers of the global laminating adhesive market. An increase in awareness towards product safety is fueling the demand for high-end packaging materials globally. Laminating adhesives are further used in packaging materials of snack food, meat, cheese, confectionery, agricultural chemicals, medical products, etc. Flexible packaging mainly requires flexibility, printability, impermeability to water vapor, and permeability to carbon dioxide. However, various regulations on the raw materials used in the production process of these adhesives may hamper the growth of the laminating adhesive market. Nevertheless, with the steady growth in the adhesive processing industry and packaging industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Laminating Adhesive Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the market with detailed market segmentation by technology type, resin type, end-use industry, and geography. The global laminating adhesive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global laminating adhesive market is segmented on the basis of technology type, resin type, and end-use industry. On the basis of technology type, the market is segmented into solvent-based, solventless, water-based, and others. The laminating adhesive market on the basis of the resin type is classified into polyurethane, acrylic, and others. On the basis of end-use industry, global laminating adhesive market is bifurcated into packaging, industrial, automotive & transportation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global laminating adhesive market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The laminating adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the laminating adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the laminating adhesive market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global laminating adhesive market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from laminating adhesive market are anticipated to lucrative growth opportunities in the future with the rising demand for laminating adhesive in the global market. Below mentioned is the list of few companies engaged in the laminating adhesive market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the laminating adhesive market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Arkema (Bostik)
- Ashland Inc.
- Coim Group
- DIC Corporation
- Dowdupont Inc.
- Flint Group
- H.B. Fuller Company
- Henkel AG and Co. KGaA
- Vimasco Corporation