Automotive Industry Growth To Drive Laminating Adhesives Market: Pivotal Factor Influencing Laminating Adhesives Market Growth in 2025

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Laminating Adhesives Market Size Growth Forecast: What to Expect by 2025?
Recent years have seen a swift expansion of the laminating adhesives market. Projected to rise from a value of $2.98 billion in 2024, it is expected to attain a worth of $3.28 billion in 2025, boasting a compound annual growth rate (CAGR) of 10.0%. The significant growth in the historical period can be credited to factors such as the growth of the packaging industry, advancements in food and beverage packaging, the surge in e-commerce, the focus on sustainable packaging, and the agricultural industry.

How Will the Laminating Adhesives Market Size Evolve and Grow by 2029?
In the coming years, the laminating adhesives market is predicted to experience a swift expansion. The market is projected to grow to a substantial $5.22 billion by 2029, with a compound annual growth rate (CAGR) of 12.3%. Factors contributing to this growth during the projected period include developments in the pharmaceutical sector, renewable energy, construction and building materials, the automotive industry, and the woodworking sector. Anticipated market trends during this forecast period comprise biodegradable packaging, compatibility with digital printing, intelligent packaging materials, eco-friendly adhesives, and pharmaceutical serialization.

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What Drivers Are Propelling the Growth of Laminating Adhesives Market Forward?
Growth within the automobile industry is anticipated to fuel the laminating adhesives market throughout the forecast period. These adhesives are applied in the construction, attachment, and sealing processes of cars, such as doors, inserts, armrests, load bases, panel backs in seats, and headlines. As reported by CEIC Data, a data analysis firm based in China, in February 2023, motor vehicle assembly in the United States escalated to 10.61 million units from 10.05 million units in December 2022. This represents a yearly increase in vehicle production of approximately 5.56%. Therefore, the heightened utilization of lamination adhesives within the automobile industry is projected to promote market growth during the predicted span.

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Which Emerging Trends Are Transforming the Laminating Adhesives Market in 2025?
Leading firms in the laminating adhesives market are creating ground-breaking products like solvent-free laminating adhesives to cater to the rising need for ecological packaging solutions. These new solvent-free adhesives are tailored for metallized multilayer packaging designs, offering superior sticking and performance while being environmentally conscious. For example, in August 2022, Toyo-Morton Ltd., a laminating adhesives producer based in Japan, introduced a new series of solvent-free adhesives specifically for metallized multilayer packaging designs. These adhesives have numerous benefits over the conventional solvent-based adhesives, such as minimized environmental harm, enhanced safety, and better performance.

What Are the Key Segments in the Laminating Adhesives Market?
The laminating adhesives market covered in this report is segmented -

1) By Resin Type: Polyurethane, Acrylic, Other Resin Types
2) By Technology: Solvent-Based, Solvent-Less, Water-Based, Other Technologies
3) By Application: Automotive, Industrial Application, Packaging, Medical, Food, Other Applications

Subsegments:
1) By Polyurethane: Water-Based Polyurethane Adhesives, Solvent-Based Polyurethane Adhesives, Hot Melt Polyurethane Adhesives
2) By Acrylic: Water-Based Acrylic Adhesives, Solvent-Based Acrylic Adhesives, Reactive Acrylic Adhesives
3) By Other Resin Types: Epoxy Adhesives, Silicone Adhesives, Vinyl Adhesives

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Who Are the Key Players Shaping the Laminating Adhesives Market's Competitive Landscape?
Major companies operating in the laminating adhesives market include Henkel AG & Co., Ashland Global Specialty Chemicals Inc., BASF SE, Bostik, DuPont de Nemours Inc., Evonik Industries AG, H.B. Fuller Company, Morchem SA, Sika AG, Sun Chemical, 3M Company, The Dow Chemical Company, DIC Corporation, Minnesota Mining and Manufacturing Company, Adhesive Films Inc., Avery Dennison Corporation, Coim Group, Dow Inc., Drytac Corporation, Franklin International, Huntsman Corporation, Illinois Tool Works Inc., Jowat SE, Konishi Co. Ltd., Lintec Corporation, Lohmann Adhesive Tape Group, Master Bond Inc., Nitta Corporation, Paramelt B.V., SABA Dinxperlo B.V., Scapa Group plc, Toyo-Morton Ltd, Vibac Group S.p.A., Vimasco Corporation

What Geographic Markets Are Powering Growth in the Laminating Adhesives Market?
Asia-Pacific was the largest region in the laminating adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the laminating adhesives market share during the forecast period. The regions covered in the laminating adhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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