Laminating Adhesives Market Survey Report 2021 Along with Statistics, Forecasts till 2025
The market for laminating adhesives is expected to register a CAGR of around 6% during the forecast period.
Top Companies in the Global Laminating Adhesives Market:
3M, Arkema Group (Bostik SA), Ashland, Coim Group (Novacote), DIC India Limited, DuPont, H.B. Fuller Company, Henkel AG & Co. KGaA, Huachengchem, HuberGroup India, L.D. Davis., Sika AG, Toyo-Morton Ltd, among others.
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Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region dominated the global market share. With growing manufacturing activities and the increasing need for flexible packaging in countries, such as China, India, and Japan, the usage of laminating adhesives is increasing in the region.
- China has the world's largest electronics production base. Electronic products, such as smartphones, OLED TVs, tablets, wires, cables, and others, have the highest growth in the electronics segment. With the increase in the disposable income of the middle-class population, the demand for electronic products is projected to grow in the near future, thereby driving the laminating adhesives market in the near future.
- The aforementioned factors, coupled with government support, may contribute to the increasing demand for laminating adhesives consumption in the region during the forecast period.
- In addition, India's lucrative growth in industries, such as packaging, electronics, and construction, is likely to continue in the coming years, owing to the growing investments and supportive government policies.
- With the growth of such industries, the laminating adhesives market holds great opportunities for growth in the region, during the forecast period.
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The Total Addressable Market (TAM) for estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Laminating Adhesives Market
-Changing the Laminating Adhesives market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Laminating Adhesives market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Laminating Adhesives Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Laminating Adhesives market:
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The report has 150 tables and figures browse the report description and TOC:
Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
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