Solvent-Based Laminating Adhesives Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

What combination of drivers is leading to accelerated growth in the solvent-based laminating adhesives market?
The surge in demand within the food and beverage industry, due to evolving consumer preferences for convenience, varied food choices, and healthier options, is anticipated to boost the growth of the solvent-based laminating adhesives market. The food and beverage industry encapsulates a vast array of tasks including food processing, packaging, distribution, and service. The industry extensively uses these solvent-based laminating adhesives for robust and flexible packaging that ensures product integrity and prolongs the shelf life. As reported by the Australian Bureau of Statistics, a government agency in Australia, the sales volume of food and non-alcoholic beverages went up significantly to 15.1 million tons in 2021-2022 from 14.8 million metric tons in the preceding fiscal year of 2020-21. This rising prominence of the food and beverage sector maps directly onto the expansion trajectory of the solvent-based laminating adhesives market.

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What is the projected compound annual growth rate (CAGR) of the solvent-based laminating adhesives market from 2025 to 2034, and what factors influence it?
The market size of solvent-based laminating adhesives has witnessed significant growth in the past few years. It is anticipated to expand from $1.06 billion in 2024 to $1.14 billion in 2025, at a compound annual growth rate (CAGR) of 7.4%. The growth observed in the historic period is largely due to the expansion of the food packaging industry, increasing concerns about food safety, rising demand for packing materials, a surge in the pharmaceutical sector, and the escalating requirement for flexible packaging.

The market for solvent-based laminating adhesives is projected to experience notable expansion in the upcoming years, escalating to $1.5 billion by 2029 at a compound annual growth rate (CAGR) of 7.1%. Factors influencing this growth through the forecasted period include an augmented demand for solvent-based adhesives, expanding e-commerce, amplified understanding of environmental regulations, burgeoning food and beverage industry, and an escalated demand for processed and packaged food products. Significant trends anticipated throughout the projection period consist of progress in adhesive technology, the embracement of digitalization in manufacturing, enhanced packaging solutions, innovations in laminating adhesives, and technological progress.

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How are the latest trends influencing the growth of the solvent-based laminating adhesives market?
Major firms in the solvent-based laminating adhesives industry are focusing on crafting inventive products like epoxy silane-free adhesives, aiming to improve eco-friendliness while slashing production expenses. These adhesives offer robust bonding and durability and are environmentally conscious, meeting the packaging sector's call for safer and more sustainable methods without compromising efficiency. For example, Toyo-Morton, a firm based in Japan specializing in adhesive production, unveiled their Epoxy Silane-free Laminating Adhesives for malleable packaging in June 2022. Specifically designed for use in flexible packaging, these adhesives cater to industries such as food, beverages, and pharmaceuticals, aligning with the sector's expanding necessity for safer, more sustainable packaging options.

What are the major segments of the solvent-based laminating adhesives market and their role in driving growth?
The solvent-based laminating adhesivesmarket covered in this report is segmented -

1) By Type: One Component, Two Component
2) By Type Of Lamination: Film To Film, Film To Foil, Film To Metalized Film
3) By Type Of Packaging: Acetone, Methyl Ethyl ket*one (MEK), Toluene, Ethyl Acetate, Methyl Ethyl ket*one(MEK)- Toluene, Polyol B-Side Curative Hydroxyl, Isocyanate A-Side NCO Adhesive Solvent
4) By End-User: Food, Healthcare, Industrial Packaging, Other End-Users

Subsegments:
1) By One Component: Polyurethane Adhesives, Acrylic Adhesives, Rubber-Based Adhesives
2) By Two Component: Polyurethane Adhesives, Epoxy Adhesives, Acrylic Adhesives

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What regions are leading the charge in the solvent-based laminating adhesives market?
Asia-Pacific was the largest region in the solvent-based laminating adhesives market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the solvent-based laminating adhesives marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the solvent-based laminating adhesives market?
Major companies operating in the solvent-based laminating adhesives marker are 3M Company, Henkel Corporation, Sika AG, Arkema S.A., Celanese Corporation, Avery Dennison Corporation, Sun Chemical Corporation, DIC Corporation, H.B. Fuller Company, DuPont de Nemours Inc., Eastman Chemical Company, Ashland Inc., ACTEGA GmbH, Paramelt B.V., IVP Limited, Franklin International, Nan Pao Resins Chemical Co. Ltd., Coim Group, Toyo-Morton Ltd., Megabond (Huangshan) Adhesive Co. Ltd.

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What Is Covered In The Solvent-Based Laminating Adhesives Global Market Report?

•Market Size Forecast: Examine the solvent-based laminating adhesives market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the solvent-based laminating adhesives market for a structured understanding.
•Key Players Overview: Analyze major players in the solvent-based laminating adhesives market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the solvent-based laminating adhesives market.
•Segment Contributions: Evaluate how different segments drive overall growth in the solvent-based laminating adhesives market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the solvent-based laminating adhesives market.
•Industry Challenges: Identify potential risks and obstacles affecting the solvent-based laminating adhesives market.
•Competitive Landscape: Review strategic developments in the solvent-based laminating adhesives market, including expansions, agreements, and new product launches.

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