Press release
Global Lamination Adhesives Market is Expected to Surpass US$ 2.2 Billion by 2024
Lamination Adhesives Market
Lamination Adhesives Market:
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11668
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. 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. 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.
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/lamination-adhesives-market/toc
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.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/11668
H.B. Fuller, Henkel AG & Co. KGaA, The Dow Chemical Company, 3M, Flint Group, Arkema Group, Ashland Inc., Coim Group, Morchem, DIC Corporation, and Chemline India Ltd. are the leading market players in the lamination adhesives for flexible packaging market.
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Market is Expected to Surpass US$ 2.2 Billion by 2024 here
News-ID: 563776 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Lamination
The Impact of Increasing Vehicle Sales On The Motor Lamination Market: A Signifi …
The Motor Lamination Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Motor Lamination Market Size and Projected Growth Rate?
The motor lamination market has experienced significant growth recently. It will expand from $21.6 billion in 2024 to $23.09 billion in 2025 at a…
The Distinguish Between Common Embossing and Glue Lamination
What is the difference between common embossing and glue lamination [https://www.hxpapermachine.com/]?
Common embossing and glue lamination are common processes in the processing of household paper products, and are widely used in all types of hygienic paper products. They are all for embossing patterns on the product and bonding multiple layers of jumbo roll paper. , what is the difference or the difference between the two?
First. Both are used before the process…
Soft Touch Lamination Films Market
The "Soft Touch Lamination Films Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Soft Touch Lamination Films Market, 2024-2031
Verified Market Research's most recent report, "Soft Touch Lamination Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and…
Bonding for Success: Lamination Adhesives Market
The global Lamination Adhesives Market for flexible packaging market in 2016 is estimated at US$ 1.3 Billion and this is likely to increase to US$ 2.2 Billion by 2024, projected to increase at a CAGR of 6.4% throughout the forecast period (2016-2024). In a new report titled "Lamination Adhesives for Flexible Packaging Market: Global Industry Analysis and Forecast, 2016-2024", Persistence Market Research throws light on the market growth of lamination…
Lamination Film Market 2022 Trend by Upcoming Demand
Lamination Film Market Overview:
The most recent report, Lamination Film Market worldwide will develop at an alarming rate in the coming years. Experts took into account the market drivers, limitations, risks and openings that exist in the entire market. The report shows market speculation that incorporates estimates. A thorough examination allows a thorough understanding of the direction of the market.
This Lamination Film analysis report also provides detailed information on other upcoming…
Surface Protection Films Market is Segmentation By Technology Type - Adhesion La …
Future Market Insights (FMI) delivers key insights on the global surface protection films market in a newly published report titled “Surface Protection Films Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017–2027)”. In terms of revenue, the global surface protection films market is estimated to expand at a CAGR of 5.7% over the forecast period owing to numerous factors, about which FMI offers thorough insights and information in this report.
Market Segmentation…
