Laminating Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Laminating Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Chemicals

Report Description


Laminating adhesives facilitate the bonding of a plastic film on the surface of a substrate by using heat and pressure to protect or improve the appearance of the object. The global laminating adhesives market can be segmented based on type and application. Three types of laminating adhesives are available in the market: solvent-based, solvent less, and water-based. Solvent-based adhesives comprise dissolving solid adhesive components such as resin, fillers, antifoaming agents, surfactants, and other performance-enhancing ingredients in a solvent liquid. Solvent less adhesives are applied at lower weight and can be used for commonly used substrates for packaging. These adhesives require lower energy during application; hence, they have lower carbon footprint. Water-based laminating adhesives consist of a combination of vinyl or acrylic latexes with water dispersed urethane resins containing ionic groups, compounded with aziridine or water dispersible isocyanates as an adhesion promoter or cross-linker to impart the properties of adhesiveness, heat resistance, and water resistance. 

Laminating adhesives are used in different applications such as flexible packaging, industrial, automotive, and others. Increase in awareness about product safety is boosting the demand for high end packaging materials globally. Laminating adhesives are used in packaging materials of snack food, confectionery, meat, cheese, agricultural chemicals, medical products, etc. Flexible packaging requires flexibility, printability, impermeability to water vapor, and permeability to carbon dioxide. The finishing of laminating adhesives on an automobile provides durability against the exterior environment. It also provides color and appearance attributes of texture, gloss, wet-look, and distinctness of image. Laminating adhesives are used in the interior trim of vehicles, display modules, frames, etc. in automotive applications. Industrial applications of laminating adhesives include coatings, plastics, wood board, and double coated tape.

Solvent-based adhesives are easy to apply; however, organic solvent-based laminate adhesives present problems during manufacturing the laminate and using it in sensitive packaging materials. Solvents have to be removed by evaporation if organic solvents such as toluene, acetone, ethyl acetate, etc. are used in solvent-based laminating adhesives. This evaporation causes air pollution. Its fumes are harmful to the health of individuals. Furthermore, traces of solvent still remain in laminate constructions made from solvent-based adhesives. These fumes can enter the packaged product and contaminate the material present inside. Implementation of stringent government regulations on the emission of volatile organic compounds in developed regions of the world is compelling users of solvent-based laminating adhesives to shift to water-based products. Therefore, water-based laminating adhesives are anticipated to be witnessing strong growth during the forecast period. The flexible packaging application segment dominated the global laminating adhesives market in 2016. This trend is expected to continue during the forecast period.

Rapid growth in end-user industries is expected to be the major factor driving the global laminating adhesives market during the forecast period. High capital investment and high energy consumption are the factors hampering the market. However, development of technology to address energy consumption is estimated to offer lucrative opportunities to the laminating adhesives market. Asia Pacific is anticipated to dominate the global laminating adhesives market during the forecast period due to the increase in demand for these adhesives in end-use applications. Rise in demand for flexible packaging in Asia Pacific indicates the high market potential in the region, especially in China and India. Key manufacturers operating in the global laminating adhesives market include Henkel Corporation, BASF SE, The Dow Chemical Company, Ashland, Inc., Bostik, H.B. Fuller, and Sun Chemical.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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