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Bookbinding Materials Market worth $9.5 billion by 2028 | Key players Henkel AG (Germany), H.B. Fuller (US), Arkema (US), The Dow Chemical Company (US), and UPM Global (Finland).

06-13-2024 10:42 AM CET | Chemicals & Materials

Press release from: MarketsandMarkets

Bookbinding Materials Market, Bookbinding Materials, APAC Bookbinding Materials Market, Europe Bookbinding Materials Market

Bookbinding Materials Market, Bookbinding Materials, APAC Bookbinding Materials Market, Europe Bookbinding Materials Market

According to recent market research the "Bookbinding Materials Market by Binding Type (Adhesive Bonded, Mechanically Bonded), Material Type (Paper Cover Materials, Leather, Adhesives, Cloth/Fabric/Spine Reinforcing Materials, Cover Boards), Application, & Region - Global Forecast to 2028", is projected to reach a market size of USD 9.5 billion by 2028 from USD 8.5 billion in 2023, at a CAGR of 2.3%. Asia pacific is the one of the largest markets for bookbinding materials. The demand for bookbinding materials is increasing in the Education Books, Hardcover and Softcover Books, Magazines and Catalogs, Diploma Covers and Yearbooks, Journals, and Others. The demand from developing nations, such as China, India, Mexico, Germany, Malaysia, and Brazil are expected to drive the global bookbinding materials market.

Browse 157 market data Tables and 61 Figures spread through 222 Pages and in-depth TOC on "Bookbinding Materials Market - Global Forecast to 2028"
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Education books application accounts second largest share of booking materials market in terms of value in 2023. the rapid expansion of the education sector globally, coupled with the increasing emphasis on quality educational materials, has led to a significant surge in the demand for textbooks, workbooks, and reference materials. As educational institutions continue to prioritize the provision of high-quality learning resources, there is a growing need for durable and visually appealing bookbinding materials that can withstand the rigorous use often associated with educational settings. Additionally, the adoption of innovative teaching methodologies and the integration of multimedia elements into educational materials have further intensified the demand for specialized and technologically advanced bookbinding solutions, driving the value of the education book segment in the bookbinding materials market.

Paper cover materials by materials type accounts largest share of booking materials market in terms of value in 2023. The increased emphasis on sustainability and eco-friendliness has resulted in a growing preference for paper-based materials over synthetic alternatives, driving the demand for paper cover materials. Advancements in paper manufacturing technologies have led to the production of high-quality and visually appealing paper covers that rival the aesthetics of traditional materials while being more environmentally sustainable. Furthermore, the versatility of paper cover materials allows for various customization options, including different textures, finishes, and printing techniques, catering to diverse consumer preferences and design requirements.

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The region's robust economic growth, coupled with increasing literacy rates and educational development, has fueled the demand for high-quality books, educational materials, and printed publications. This has consequently led to a substantial increase in the consumption of bookbinding materials to support the growing publishing and educational sectors. The adoption of advanced technologies and the increasing investments in research and development have fostered innovation and product development in the bookbinding materials industry, meeting the evolving needs and preferences of the dynamic Asia-Pacific market.

Henkel AG (Germany), H.B. Fuller (US), Arkema (US), The Dow Chemical Company (US), and UPM Global (Finland) are the key players in the global bookbinding materials market.

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Henkel AG & Co KGaA is a global manufacturer and distributor of a diverse range of consumer and industrial goods. Their product line includes adhesives, sealants, coatings, care products, and various cleaning agents. Henkel markets these products under well-known brand names such as Persil, Purex, Pril, Dial, and Schwarzkopf, among others. The company caters to multiple industries, serving manufacturers in the fields of books and magazines, computers, furniture, textiles, and packaging. Headquartered in Dusseldorf, Germany, Henkel operates on a global scale, conducting business operations worldwide. In June 2022, Henkel expanded its production capabilities in Mexico by opening a new state-of-the-art plant for hot-melt adhesives in Guadalupe, Nuevo Leon. The new facility has been designed primarily for manufacturing pressure-sensitive and non-pressure-sensitive hot melts under the leading Technomelt brand.

H.B. Fuller Co is a renowned developer, producer, and distributor of adhesives, sealants, and specialty chemical solutions. The company's extensive product range serves various sectors, including residential construction, electronics, medical, transportation, packaging, and more. With a strong focus on customer satisfaction, H.B. Fuller provides tailored technical support and customized products to meet specific industry requirements. Its market outreach spans across North America, Europe, Latin America, Asia-Pacific, India, the Middle East, and Africa, with its headquarters situated in St. Paul, Minnesota, in the United States. In 2017, H.B. Fuller announced the opening of a new office in Dubai. This new office is expected to support the company's increasing base of customers in the Middle East and offer manufacturers an alternative source for adhesives & sealants in the region.

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