Laminating Adhesives Market Size, Share, Growth,Trends,Industry, Forecast and outlook (2024-2031)

It will augment the growth of the global laminating adhesives market as these adhesives are used for bonding solar panels and insulation materials. Market players are investing in capacity expansion, mainly due to the forecast of rising potential demand. For instance, in August 2022, Brilliant Polymers Pvt Ltd., an Indian manufacturer of laminating adhesives, announced that it was investing Rs 100 crore (USD 12.1 million) in a new plant to double its laminating adhesive production capacity.

Download Free PDF Sample -https://www.datamintelligence.com/download-sample/laminating-adhesives-market

Market Dynamics

Emerging economies of Asia-Pacific such as India, China, Malaysia and Indonesia have witnessed sustained strong economic growth over the last decade. The growth has led to profound socio-economic changes such as rapid urbanization, significant increases in disposable incomes, changing lifestyles and change in food preferences. Multinational food and beverage companies see emerging markets as a major source of lucrative sustained long-term growth. Many companies are entering in the emerging market and are also expanding their presence in the region. New product launches, upgradation of existing products and production capacity expansion are some of the actions undertaken by food and beverages companies to augment growth. Laminating adhesives are extensively used in the production of flexible packaging materials used in the food processing industry such as pouches, sachets, bags and wraps.

To Know More Insights - https://www.datamintelligence.com/research-report/laminating-adhesives-market

Segment Analysis

Packaging accounts for nearly half of the global market share. The packaging materials used by major industries such as food and beverage, consumer goods and electronics all utilize laminating adhesives to ensure the sealing of finished products to prevent tampering. Furthermore, the usage of QR-coded and barcoded labels to improve traceability is also increasing the demand for laminating adhesives in the packaging industry. The growth of e-commerce has significantly impacted the packaging industry. With the rise of online shopping, products need to be packaged securely to withstand the rigors of transportation and prevent damage. Additionally, e-commerce packaging often includes additional protective materials, inserts, or customized labels to enhance the unboxing experience and create a positive impression on the consumer.

Competitive Landscape

The major global players include Dow, H.B. Fuller Company, 3M, Henkel AG & Co. KGaA, Ashland, Arkema, DIC Corporation, Flint Group, Coim Group and Vimasco Corporation.

Company Name: DataM Intelligence
Contact Person: Sai.K
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website:https://www.datamintelligence.com/

DataM Intelligence 4Market Research is a Market Research firm that provides end-to-end business solutions to organizations from Research to Consulting. We at DataM Intelligence leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of Syndicate Reports & and; Customized Reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries, catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.