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Laminating Adhesives Market 2021: Demand, Size, Share, Outlook and Forecast 2026

According to the latest report by IMARC Group “Laminating Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, offers a comprehensive analysis of the industry, which comprises insights on the global laminating adhesives market size. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global laminating adhesives market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Laminating adhesives represent highly functional laminate composites utilized for joining, assembling, and packaging material surfaces. They are manufactured using polyurethane, acrylic, epoxy, polyester, vinyl, nylon, aliphatic urethane, and aromatic urethane resins. Laminating adhesives are available in several variants, such as electron beam (EB), ultraviolet (UV), solvent-based, solventless, hot melt, water-based, etc. They offer high chemical and heat resistance, mechanical performance, wettability, transparency, compatibility with other materials, bond strength, etc. Consequently, laminating adhesives are widely used to pack snacks, meats, cheeses, confectioneries, medical products, agricultural chemicals, etc.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The escalating demand for flexible packaging solutions across numerous industries, including automotive, transportation, manufacturing, construction, etc., is among the primary factors driving the laminating adhesives market. Moreover, the growing number of manufacturing units, food processing plants, industrial production setups, etc., is resulting in the shifting consumer preferences towards laminating adhesives to secure flexible packaging materials, thereby propelling the market growth. In addition to this, the rising product requirement in the automotive industry for use in the display modules, fenders, grill opening reinforcement (GOR), heat shields, headlamp reflectors, body panels, etc., of automobiles, to protect surfaces from environmental damage and enhance the overall aesthetic appeal, is acting as another significant growth-inducing factor. Furthermore, the increasing adoption of laminating adhesives as a replacement for nuts and bolts owing to their higher bonding strength and lower cost of production is anticipated to stimulate the global market in the coming years.

Breakup by Resin:

  • Acrylic
  • Polyurethane
  • Others

Breakup by Technology:

  • Solvent-based
  • Water-based
  • Others

Breakup by Application:

  • Packaging
  • Automotive and Transportation
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M Company
  • Ashland Global Specialty Chemicals Inc.
  • Bostik SA (Arkema S.A)
  • Coim Group
  • DIC Corporation
  • Dow Inc.
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Flint Group
  • H.B. Fuller Company
  • Henkel AG & Co. KGaA
  • L.D. Davis Industries Inc.
  • Sika AG
  • Vimasco Corporation.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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