Laminating Adhesives Market Significant Demand by 2023 | Top Companies are Toyo-Morton Ltd., The Dow Chemical Company, 3M Company, COIM Group, Ashland Inc., Bostik, H.B. Fuller, Comens New Materials and Henkel

Laminating Adhesives Market Overview:
The adhesives are used to join and assemble surfaces of different materials. The dry lamination technique and the wet lamination technique are widely used in adhesive lamination. The adhesive for laminating finds application in several industrial and domestic uses. It is specially designed to join or fix two surfaces different from each other. The various chemical compositions of the laminating adhesives include polyurethanes, polyvinyl acetate, epoxy, styrene block, and ethylene vinyl acetate. It is widely applicable in weight reduction, vibration damping joints and control of fluid or gas leaks.

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Laminating Adhesives Market Size:
Laminating Adhesives Market was valued at USD xx million in 2018 and projected to reach USD xx million by 2023 growing at a CAGR of xx% during the forecast period 2018 to 2023.

Drivers and restraints:
It is expected that rapid industrialization in end-user industries, such as automotive, combined with the growing global manufacturing base, will be the determining factor for the rolling adhesive market in the next seven years. It is expected that the expansion of the population and the increase in the number of end-users will stimulate the market demand for laminating adhesives, which in turn should strengthen the growth of the market. Laminating adhesives by type can be classified as solvent-based, solvent-free, water-based, radiation-curable and combination-curable products. Laminating adhesives keep substrates together during their useful life and also perform functions such as flame resistance, increase or decrease of gas permeability, optical clarity, thermoforming capacity, electrical insulation and chemical and thermal resistance. Laminating adhesives are used in end-user industries such as food bags, pharmaceutical, medical, industrial and agricultural packaging, paper and graphics, mold labels, snapshots and frozen food boxes. The increase in demand from the aforementioned industries in countries such as China, India and Japan, combined with the growing needs of the population, should be a key factor in the growth of the market of laminating adhesives during the foreseen period. It is expected that flexible packaging and new applications of laminating adhesives will complete the growth of the market during the forecast period. Laminating adhesives are used as raw material in processors that produce flexible packaging for the pharmaceutical and consumer durables industries. It is expected that high investment costs and energy consumption will hamper the growth of the rolling adhesive market and present challenges for industry participants during the forecast period. It is expected that a tedious process for the development and hardening of the binder will limit the growth of the laminating adhesive market and pose challenges for industry participants.

Geographical segmentation:
Asia Pacific and Europe are expected to remain dominant regional markets to register significant growth rates for the adhesive market due to the increasing demand of this market. It is expected that the growth of the end-user industry, such as that of food packaging, will stimulate the demand for laminating adhesives in Asia-Pacific. It is expected that a growing number of participants in the vertical market segments, together with the increase in production capacity in countries such as China, India and Japan, will complement the growth of the Asia Pacific plastics laminating market during the forecast period. Emerging economies in Southeast Asia, such as Malaysia, Indonesia and Thailand, organize events related to the chemical industry around the world. This should boost growth in Asia Pacific for the laminating adhesive market.

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Laminating Adhesives Market Key Players
Key companies operating in global laminating adhesives market include Toyo-Morton Ltd., The Dow Chemical Company, 3M Company, COIM Group, Ashland, Inc., Bostik, H.B. Fuller, Comens New Materials, Henkel, Vimasco Corporation, Flint Group, Coim, L.D. Davis and Bostik.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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