Global Lamination Adhesives for Flexible Packaging Market to Expand at a CAGR of 6.4% from 2016 to 2024
Lamination adhesives for flexible packaging are one of the emerging adhesive solutions widely used for food packaging. The lamination adhesives for flexible packaging market is estimated to project increased growth throughout the forecast period, driven by factors such as lesser cure time, lesser emission, lower wastage, and higher bond strength. Also, increasing demand for packaged foods in healthcare and personal care products have augmented market growth. However, government initiatives and rising consumer awareness towards usage of eco-friendly adhesives have limited the growth of the lamination adhesives for flexible packaging market.
Order the sample copy of report@ https://www.persistencemarketresearch.com/samples/11668
Market consolidation has been observed as a key trend, with leading market players engaging in strategic mergers and acquisitions to enhance their product portfolio and increase global footprint. Another notable trend indicates that solvent fewer lamination adhesives are fast replacing solvent based adhesives owing to their eco-friendly nature.
The global lamination adhesives for flexible packaging market report is categorically split into three sections - based on product type (further segmented into water based, solvent based, solvent less, and heat/cold seal), end use (further segmented into food packaging, medical packaging, industrial packaging, and other end use), and region.
Browse full report to gain more insights about Lamination Adhesives Market@ https://www.persistencemarketresearch.com/market-research/lamination-adhesives-market.asp
The solvent based product type emerges as the dominant segment due to its wide application in multiple industries. This segment is estimated to account for 42.8% of the overall lamination adhesives for flexible packaging market revenue by the end of 2016. However, the segment is anticipated to lose substantial market share to the solvent less segment, owing to an increasing preference of eco-friendly adhesives among end users. The solvent less segment is estimated to witness fastest Y-o-Y growth during the forecast period from 6.0% in 2014 to 8.2% in 2024.
The food packaging segment stands out among all segments owing to the rising demand for packaged foods. The medical packaging segment is forecasted to be the fastest growing end-use segment owing to a high consumer spending in the healthcare sector and is estimated to expand at a significant CAGR of 6.9% during the forecast period. Food packaging is the key segment driving demand for lamination adhesives - over 60% of the overall market demand is generated by the food packaging segment.
By region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in Asia Pacific is anticipated to register a steady Y-o-Y growth from 7.1% in 2014 to 9.0% in 2024.
This market alone is estimated to account for over 40% of the global flexible packaging market in terms of value by the end of 2016. Within the Asia Pacific region, the markets in China and India are anticipated to witness maximum Y-o-Y growth across the forecast period. The lamination adhesives for flexible packaging market in North America is expected to increase 1.5X over the forecast period; while the Latin America market is poised to increase 1.6X over the forecast period.
• H.B. Fuller
• Henkel AG & Co. KGaA
• The Dow Chemical Company
• Flint Group
• Arkema Group
• Ashland Inc.
• COIM Group
• DIC Corporation
• Chemline India Ltd
For In-Depth Competitive Analysis, Buy Now@ https://www.persistencemarketresearch.com/checkout/11668
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - firstname.lastname@example.org
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Lamination Adhesives for Flexible Packaging Market to Expand at a CAGR of 6.4% from 2016 to 2024 here
News-ID: 2746769 • Views: 86
More Releases from Persistence Market Research
Calendering Resins Market to Reach a value of US$ 6.7 Bn by the end of 2025
Calendering Resins Market 2022 A new report by Persistence market research provides clear insights into the global calendering resins (PET, PETG, and PVC) market. This comprehensive research report is titled Calendering Resins (PET, PETG, and PVC) Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025. According to the outcome of this research, the global calendering resins (PET, PETG and PVC) market is expected to witness a market value of over US$ 4,600 Mn in
Crispy Innovation To Drive The Battery Management ICs Market with a CAGR of 5.1% …
According to the battery management ICs market analysis done by Persistence Market Research, demand registered in the market is predicted to increase at a steady CAGR of around 5.1% from 2022-2032. The report states that the market is expected to reach a valuation of US$ 4.47 Bn in 2022. Surge in demand for hybrid electric vehicles is expected to drive demand growth of battery management ICs over the coming years. Rise in the
Bicycle And Components Market to Cross US$ 90 Bn Revenues between 2019 - 2029
Bicycle And Components Market 2022 Bicycle And Components Market is anticipated to touch a value of nearly US$ 90 Bn between 2019 - 2029. The global bicycle and components market is set to witness a strong 18% CAGR during the course of forecast period, 2019 - 2029. The demand for bicycle and components is primarily influenced by increasing crude oil prices and rising awareness among consumers regarding health issues due to air pollution. Request for Free Sample Copy
The RF-over-Fiber (RFoF) Solutions Market To Simulate On A Stupendous Note with …
According to Persistence Market Research analysis, demand registered in the RF-over-Fiber (RFoF) solutions market is slated to increase rapidly at a CAGR of 8.3% from 2022 to 2032. The report also forecasts that the market will surpass a valuation of US$ 1.84 Bn by the end of 2032. Radio-over-fiber (RFoF) technology nowadays is becoming highly crucial for the wireless market to support increasing data traffic volumes. Optical wireless networking connectivity can generally be
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on