Press release
Laminating Adhesives Market to Grow at 6.9% CAGR to 2026
According to Market Study Report, Laminating Adhesives Market provides a comprehensive analysis of the Laminating Adhesives Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.Get Free Sample Report in PDF Format @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=296558
The laminating adhesives market exhibits high growth potential and is projected to reach a market size of USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 6.9%.
The report provides a comprehensive analysis of company profiles listed below:
Henkel AG (Germany)
3M Company(U.S)
Arkema (Bostik)
Sika AG (Switzerland)
Polyurethane laminating adhesives are made of urethane polymers. Urethane is produced through a chemical reaction between diisocyanate and polyol. Polyurethane laminating adhesives are used in various applications because of their high toughness, abrasion resistance, flexibility (especially at low temperatures), and adhesion to a wide variety of substrates. They possess various properties such as flexibility and strength, low cure temperature, excellent low-temperature resistance, and high environmental resistance.
Solvent-based technology involves the use of a significantly higher level of organic solvents than that in water-based technology. The consumption of solvent-based adhesives is declining in packaging applications. However, they are still required in certain applications where solvent-less and water-based or hot-melt-based technologies do not meet technical requirements.
“APAC is the second-fastest-growing market for laminating adhesives during the forecast period.”
APAC is the second-fastest-growing laminating adhesives market. An increase in the demand for laminating adhesives is mainly attributed to high economic growth and heavy investment across industries such as automotive, consumer goods & appliances, building & construction, and manufacturing. Key factors such as industrialization, growing middle-class population, rising disposable income, changing lifestyles, and rising consumption of packed products are expected to drive the demand for laminating adhesives during the forecast period.
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Competitive Landscape of Laminating Adhesives Market
1 Overview
2 Company Evaluation Quadrant, 2020
2.1 Star
2.2 Emerging Leaders
2.3 Pervasive
2.4 Participant
3 Competitive Benchmarking
3.1 Strength Of Product Portfolio
3.2 Business Strategy Excellence
4 Competitive Scenario
4.1 New Product Launch
4.2 Investment & Expansion
4.3 Merger & Acquisition
Research Coverage:
The laminating adhesives market has been segmented based on resin type (Polyurethane and Acrylic), end-use industry (Packaging, Industrial, and Automotive & Transportation), technology (Solvent-based, Solventless, and Water-based), and region (APAC, Europe, North America, South America, and Middle East & Africa).
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