Laminating Adhesives Market Is Expected To Reach USD 4.06 Billion By 2026.
Market Overview A recent report by Reports and Data projects that the global laminating adhesives market is expected to reach a value of USD 4.06 Billion by 2026. Laminating adhesives find applications in various industries, offering cost-effective solutions as compared to traditional fasteners like nuts and bolts. They also provide superior bonding strength. Their use is on the rise in sectors such as packaging, healthcare, automotive, and construction.
Laminating adhesives are currently in high demand due to their ability to enhance product durability, longevity, flexibility, rigidity, and aesthetics. They enable the assembly of materials like foil on paper, film on film, and film on foil, particularly for flexible packaging. These laminations not only improve aesthetics but also reduce weight, prevent leakage, and seal joints susceptible to rupture. They are used in food and beverage packaging to meet health safety regulations, allowing for labeling and extending product shelf life.
The laminating adhesives market has a strong presence in North America, and it is expected to witness steady growth in the coming years. The region’s growing food and beverage industries, coupled with technological advancements, are driving market growth. Key players in North America are focusing on innovative technologies to support the expansion of the laminating adhesives market.
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Key Report Highlights
- Regional and country-specific statistics for the global laminating adhesives market from 2016 to 2026, with 2018 as the base year and 2019-2026 as forecasted data.
- Market size estimation with historical and projected trend analysis.
- Analysis of various resin types available in the market.
- Estimation of market share for different technology types, including solventless, solvent-based, water-based, and others.
- Insights into upcoming research and application trends by region.
- Analysis of demand and supply gaps.
- Pricing strategies of competitors in various regions.
- Market share analysis of leading industry players.
- Strategic recommendations for new entrants.
- Examination of market trends, drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations.
- Strategic recommendations for key business segments based on market estimations.
- Competitive landscape analysis with a focus on common trends.
- Company profiles with detailed strategies, financials, and recent developments.
Key Trends in the Laminating Adhesives Market
1. The medical field’s use of laminating adhesives demands specific properties based on their intended applications, such as solubility or insolubility for biological implants.
2. The growth of the automobile and woodworking industries is driving market expansion, as laminating adhesives are increasingly utilized in these sectors.
3. Concerns about the environmental impact of laminating adhesives have led to a shift from hazardous chemicals to eco-friendly (bio-based) alternatives in certain regions. Manufacturers are adopting these methods, supported by government funding and other incentives.
4. The demand for eco-friendly products with lower volatile organic compound emissions is a primary driver of market growth, replacing hazardous chemicals in the manufacturing process.
5. Environmental regulations, such as EPA (Environmental Protection Agency) and REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) in Europe and North America, pose challenges due to strict production facility standards.
Companies Profiled in the Market Study
- 3M
- Arkema (Bostik)
- Fujifilm Corporation
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Dowdupont Inc.
- DIC Corporation
- Dymax Corporation
- Flint Group
- Weilburger Holding GmbH
These companies have implemented various strategies, including mergers, acquisitions, and partnerships, to drive ongoing research and development in the market.
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