Report Id: SNS/C&M/2095 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Laminating Adhesives Market Size was valued at USD 3.31 billion in 2022, and is expected to reach USD 5.69 billion by 2030, and grow at a CAGR of 7.0% over the forecast period 2023-2030.
Laminating adhesives, which are needed for laminate composites to work well and are compatible with the properties of the film material. This is possible because of how the Toyo Ink Group develops materials and changes them. Lamination is a way to finish printing where a thin layer of plastic, called a laminate, is pressed and heated onto paper or card. Laminating is often done to protect paper from normal wear and tear and to make printed materials last longer. Different kinds of film, foil, and paper work well with these materials. End-use applications for food packaging include snack food labels and bottle labels, as well as containers that can be heated in the microwave or boiled in a bag. Flexible industrial lamination is another use, as is packaging for medicines.
Demand from the APAC region is on the rise.
Demand for frozen food is going up
There are limits to how well water-based glues work.
Drying of the water when it's humid.
Water-based and glues with less solvent are becoming more popular.
Demand for packaging is on the rise.
The changing habits of consumers and their preference for easy-to-open packages.
Putting in place strict rules and regulations.
Impact of Covid-19:
COVID-19 has had a big effect on many financial and industrial fields, like travel and tourism, manufacturing, and aviation. As more and more countries put and extend lockdowns, economic activities are going down, which hurts the world economy. Due to factory shutdowns and quarantine measures, businesses are losing money and having trouble with their supply chains. The fast recovery in 2021 caused more people to use more natural gas, which in turn caused prices for natural gas and coal to go up. This hurt economies in Europe, the Asia-Pacific region, and South America.
Ashland Inc., H.B. Fuller, Dowdupont Inc., 3M, Coim Group, Arkema, Flint Group, Henkel AG, DIC Corporation, and other players.
By Resin Type
By End-use Industry
Automotive & Transportation
As of now, the Asia-Pacific region is expected to have the largest share of the laminating adhesive market. This is because the region's economy is growing and money is being put into the industry. Flexible packaging, like aluminium foils, papers, and films, use laminating adhesives a lot. Flexible packaging is something that China is known for making. People's changing attitudes and the rise of packaged food and drinks across the region are seen as the main things that are driving the growth of the laminating adhesives market. The demand for packaged food and drinks is expected to grow because more people are living in cities, more people are going to work, and it's more convenient. In recent years, the industrial and manufacturing sectors have also been using flexible packaging more and more because it is easy and costs less to make. The laminating adhesives industry is expected to grow at a faster rate during the forecast period. This is because there are many industrial and manufacturing facilities in the Asia-Pacific region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 3.31 Billion|
|Market Size by 2030||US$ 5.69 Billion|
|CAGR||CAGR of 7.0% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Resin Type (Polyurethane, Acrylic, Others)
• By Technology (Solvent-based, Solvent-less, Water-based, Others)
• By End-use Industry (Packaging, Industrial, Automotive & Transportation)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Ashland Inc., H.B. Fuller, Dowdupont Inc., 3M, Coim Group, Arkema, Flint Group, Henkel AG, DIC Corporation, and other players.|
|DRIVERS||• Demand from the APAC region is on the rise.
• Demand for frozen food is going up
|Restraints||• There are limits to how well water-based glues work.
• Drying of the water when it's humid.
Frequently Asked Questions (FAQ) :
Ans: Solvent-based, Solvent-less, Water-based and Others are the sub-segments of by Technology segment.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Ashland Inc., H.B. Fuller, Dowdupont Inc., 3M, Coim Group, Arkema, Flint Group, Henkel AG and DIC Corporation are the major key players of Laminating Adhesives Market.
Ans: There are limits to how well water-based glues work and Drying of the water when it's humid are the restraints for Laminating Adhesives Market.
Ans: Laminating Adhesives Market Size was valued at USD 3.1 billion in 2021, and expected to reach USD 4.9 billion by 2028, and grow at a CAGR of 7.0 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Laminating Adhesives Market Segment, By Resin Type:
9.Laminating Adhesives Market Segment, By Technology:
10.Laminating Adhesives Market Segment, By End-use Industry:
10.3 Automotive & Transportation
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Ashland Inc.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 H.B. Fuller
12.3 Dowdupont Inc.
12.5 Coim Group
12.7 Flint Group
12.8 Henkel AG
12.9 DIC Corporation
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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