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At a CAGR of 6.8% between 2023 and 2030, the market for laminating adhesives is expected to increase from $3.26 billion in 2022 to $5.10 billion by 2030. Growth in the polyurethane, by resin segment in the Asia Pacific area is predicted to enhance demand for laminating adhesives throughout the anticipated time period.
Some of the most important factors propelling the laminating adhesives market are the adhesives' potential advantages, such as their low weight, ease of handling, small footprint, extended shelf life, and good resistance to wear and abrasion. It's not just the packaging business that's making the switch to flexible packaging; the manufacturing sectors are as well. As a result, they are creating opportunities for the laminating adhesives market to expand. Manufacturers are attempting to introduce a low-volatile organic compound that is regarded environmentally sustainable and doesn't damage environmental stability in response to growing public concern about the environment. These elements are widely regarded as the most important forces propelling the laminating adhesives market. As a result, the market for laminating adhesives is anticipated to expand at a CAGR of 6.9% during the aforementioned projection period.
The need for stand-up pouches for packed meals and microwaveable food items has led to an increase in the use of laminating adhesives. When laminating adhesives are employed, containers made of glass, cardboard, or metal are superfluous. Microwaveable food is in increasing demand because of changing eating habits and the growing purchasing power of the middle class. Laminating adhesives are widely used in the food industry because of their many advantageous properties, such as their ability to preserve aromas and block unpleasant odors. Changes in quality are common in consumables like food and medicine. Changes in food quality are readily apparent due to the accompanying color and texture shifts. The aesthetic appeal of dairy, poultry, vegetables, and fruits is highly valued by consumers. Customers would rather buy food packaged in clear plastic than in opaque plastic.
The chemical industry faces challenges from a number of regulatory authorities, including the Control of Substances Hazardous to Health (COSHH), the European Union (EU), the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH), the Globally Harmonized System (GHS), and the Environmental Protection Agency (EPA) in Europe and North America. Manufacturers in Europe and North America are subject to rules governing the creation and use of laminating adhesives in a variety of settings in an effort to reduce volatile organic compound (VOC) emissions. This has a knock-on effect on the output of companies that specialize in the manufacture of laminating adhesives utilizing solvent-based technologies. In order to conform to these regulations, manufacturers are shifting from solvent-based to water-based processes. This is the major challenge facing traders today. There are downsides to water-based technologies, such as higher production costs.
The global economic situation and industrial operations are severely impacted by COVID 19. COVID-19 had a ripple effect on other industries, including manufacturing, aviation, travel, and tourism. Because of the COVID, there were disruptions in the packaging and supply chain, which had an impact on the transportation and packaging sectors of industry. However, the rise of the laminating adhesives sector has been spurred by the increasing popularity of online shopping and the difficulty of reaching brick-and-mortar stores.
Information about a competition in the laminating adhesives industry is provided in the competitive landscape. All relevant information is provided, such as an executive summary, financials, revenue, market potential, R&D investment, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product breadth and application dominance. All of the information given above is specific to the laminating adhesives industry and the firms that serve it.
Report Coverage
Global Laminating Adhesives research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Laminating Adhesives report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Laminating Adhesives competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Laminating Adhesives market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Laminating Adhesives market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Laminating Adhesives market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Henkel, Dow, Coim India Pvt Ltd, Bostik, 3M, Ashland, H.B. Fuller Company, Vimasco Corporation, Scott D. Davis, Flint Group, Sun Chemical, DIC CORPORATION, Arkema, Chemline India Ltd, Vimasco Corporation, ADCO Global, Inc., Sika AG, Dymax Corporation, BASF SE, enkel AG & Co. KGaA (Germany), DowDuPont (US), Toyo-Morton, Ltd (Japan), and LD Davis (US).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Laminating Adhesives market based on the below-mentioned segments:
Global Laminating Adhesives Market, By Type
Polyurethane
Acrylic
Others
Global Laminating Adhesives market, By Technology
Solvent-based
Solvent-less
Water-based
Others
Global Laminating Adhesives Market, By End User
Packaging
Industrial
Automotive & Transportation
Global Laminating Adhesives market, Regional Analysis
Some of the most important factors propelling the laminating adhesives market are the adhesives' potential advantages, such as their low weight, ease of handling, small footprint, extended shelf life, and good resistance to wear and abrasion. It's not just the packaging business that's making the switch to flexible packaging; the manufacturing sectors are as well. As a result, they are creating opportunities for the laminating adhesives market to expand. Manufacturers are attempting to introduce a low-volatile organic compound that is regarded environmentally sustainable and doesn't damage environmental stability in response to growing public concern about the environment. These elements are widely regarded as the most important forces propelling the laminating adhesives market. As a result, the market for laminating adhesives is anticipated to expand at a CAGR of 6.9% during the aforementioned projection period.
The need for stand-up pouches for packed meals and microwaveable food items has led to an increase in the use of laminating adhesives. When laminating adhesives are employed, containers made of glass, cardboard, or metal are superfluous. Microwaveable food is in increasing demand because of changing eating habits and the growing purchasing power of the middle class. Laminating adhesives are widely used in the food industry because of their many advantageous properties, such as their ability to preserve aromas and block unpleasant odors. Changes in quality are common in consumables like food and medicine. Changes in food quality are readily apparent due to the accompanying color and texture shifts. The aesthetic appeal of dairy, poultry, vegetables, and fruits is highly valued by consumers. Customers would rather buy food packaged in clear plastic than in opaque plastic.
The chemical industry faces challenges from a number of regulatory authorities, including the Control of Substances Hazardous to Health (COSHH), the European Union (EU), the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH), the Globally Harmonized System (GHS), and the Environmental Protection Agency (EPA) in Europe and North America. Manufacturers in Europe and North America are subject to rules governing the creation and use of laminating adhesives in a variety of settings in an effort to reduce volatile organic compound (VOC) emissions. This has a knock-on effect on the output of companies that specialize in the manufacture of laminating adhesives utilizing solvent-based technologies. In order to conform to these regulations, manufacturers are shifting from solvent-based to water-based processes. This is the major challenge facing traders today. There are downsides to water-based technologies, such as higher production costs.
The global economic situation and industrial operations are severely impacted by COVID 19. COVID-19 had a ripple effect on other industries, including manufacturing, aviation, travel, and tourism. Because of the COVID, there were disruptions in the packaging and supply chain, which had an impact on the transportation and packaging sectors of industry. However, the rise of the laminating adhesives sector has been spurred by the increasing popularity of online shopping and the difficulty of reaching brick-and-mortar stores.
Information about a competition in the laminating adhesives industry is provided in the competitive landscape. All relevant information is provided, such as an executive summary, financials, revenue, market potential, R&D investment, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product breadth and application dominance. All of the information given above is specific to the laminating adhesives industry and the firms that serve it.
Report Coverage
Global Laminating Adhesives research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Laminating Adhesives report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Laminating Adhesives competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Laminating Adhesives market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Henkel, Dow, Coim India Pvt Ltd, Bostik, 3M, Ashland, H.B. Fuller Company, Vimasco Corporation, Scott D. Davis, Flint Group, Sun Chemical, DIC CORPORATION, Arkema, Chemline India Ltd, Vimasco Corporation, ADCO Global, Inc., Sika AG, Dymax Corporation, BASF SE, enkel AG & Co. KGaA (Germany), DowDuPont (US), Toyo-Morton, Ltd (Japan), and LD Davis (US). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Laminating Adhesives Market from 2021 to 2030.
- Market Forecast for Laminating Adhesives Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Laminating Adhesives competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Laminating Adhesives
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Laminating Adhesives market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Laminating Adhesives market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Henkel, Dow, Coim India Pvt Ltd, Bostik, 3M, Ashland, H.B. Fuller Company, Vimasco Corporation, Scott D. Davis, Flint Group, Sun Chemical, DIC CORPORATION, Arkema, Chemline India Ltd, Vimasco Corporation, ADCO Global, Inc., Sika AG, Dymax Corporation, BASF SE, enkel AG & Co. KGaA (Germany), DowDuPont (US), Toyo-Morton, Ltd (Japan), and LD Davis (US).
Primary Target Market
- Market Players of Laminating Adhesives
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Laminating Adhesives market based on the below-mentioned segments:
Global Laminating Adhesives Market, By Type
Polyurethane
Acrylic
Others
Global Laminating Adhesives market, By Technology
Solvent-based
Solvent-less
Water-based
Others
Global Laminating Adhesives Market, By End User
Packaging
Industrial
Automotive & Transportation
Global Laminating Adhesives market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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