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Global Laminating Adhesive Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0487
Global Laminating Adhesive Market Outlook to 2029

Report Description

Laminating Adhesives are a bonding agent used to bind two different or same substrates instead of using conventional binding materials as it offers surface protection, superior bonding strength, heat resistance, and electrical insulation. According to BlueQuark Research & Consulting, the global Laminating Adhesives market is expected to witness a significant growth rate during the forecasted period. Factors like low processing cost and excellent durability have increased the usage in the Packaging industry, thereby expected to drive the global Laminating Adhesives market in the forecasted period. Further, the wide variety of adhesive can bond materials has increased its usage in various sectors, which is awaited to drive the demand of the global Laminating Adhesives market in the forecasted period. Furthermore, the increased use of Laminating Adhesive in the Electronics Industry due to its attractive properties like electrical insulation, chemical resistance, etc., is expected to drive the global Laminating Adhesives market. However, factors like the variable price of the raw materials and primary intermediates are expected to hinder the drive of the Global Laminating Adhesives market in the forecasted period. 

Laminating Adhesive is primarily used for packaging snacks, meat, confectionery, agricultural chemicals, medical products, cheese, electronic components, LEDs, battery connectors, wires, sensors, etc. 

The Primary use of Laminating Adhesive is in the Packaging Industry. There has been a remarkable increase in the usage of Laminating Packaging is one of the critical factors considered by the firms engaged in the manufacturing sector. The global packaging industry is observing robust growth with the increasing number of manufacturing units, food processing plants, and surging industrial production. In the last few years, the packaging sector has been experiencing a transition, where the manufacturing and industrial sector has been improving to flexible packaging. Due to this, the rigid packaging industry is losing its share to the flexible packaging industry in the global packaging industry. Adhesives in the packaging industry are desirable properties like chemical resistance, heat resistance, efficient machine performance, excellent transparency, wettability, high initial and final bond strength, high slip, and suitable for a wide range of machine speeds, thereby driving the global laminating adhesive market. Further, there's been a transition, especially in the manufacturing and industrial sector, towards flexible packaging instead of rigid packaging for the benefits such as lightweight, easy handling, longer shelf-life, etc., thereby driving the market for Laminating Adhesive. Flexible packaging is a method where two or more packaging webs in films, papers, or aluminum foils are joined together using a bonding agent. In this case, the Laminating Adhesive is applied to the less absorbent substrate of the web, which is then pressed against the second web. Furthermore, factors like change in consumer preference for convenient packaging and packaged products, increasing population, rising demand for packaged foods, and many foods manufacturing multi-national companies setting up their manufacturing facilities are estimated to drive the growth of the Laminating Adhesive Market. These are the factors projected to drive the Global Laminating Adhesives market development.  

The Asia-Pacific region is expected to be a market leader as it is one of the fastest-growing markets for Laminating Adhesive. Increasing demand for food and packaging industries from emerging countries, especially China, India, Japan, etc., have boosted the demand for Laminating Adhesives in these regions, thereby driving the market in the Asia-Pacific region. China and India are the primary consumers in Asia Pacific Region, with China holding a sizeable economic GDP. In addition, an increase in the popularity of water-based and solvent-less adhesives will further provide potential opportunities for the growth of the laminating adhesives market in the coming years. However, applying strict regulatory policies might further challenge the development of the laminating adhesives market soon. The consumer electronic industry has witnessed the immense transformation from telephone to smartphones and television boxes to ultra-slim smart LED TVs. Robust technological advancement in the sector and the surging trend of miniaturization are also being experienced across the globe. As manufacturers continue to decrease the size of electronic appliances and gadgets, the adoption of highly compact and efficient components to enhance product features is increasing. To laminate the circuit board and improve the durability of these miniaturized products, demand for laminating adhesives is accelerating. Further, China has the world's most extensive electronics production base, such as smartphones, OLED TVs, tablets, wires, cables, and others, and has the highest growth in the electronics segment, which is expected to increase the usage Laminating Adhesive in this region. Lamination can be performed using adhesives, heat-sealable coatings, or extrusion lamination. With water as their main component, unlike solvent-based adhesives, these adhesives only discharge moisture into the atmosphere during drying, thereby reducing VOC emission. Another significant advantage of choosing water-based adhesives is that they can be used on various substrates, including natural and synthetic textiles, plastics, metallic films, and many more. They maintain a stable bond over time equal to or greater than the solvent alternatives. Moreover, with the significant growth in Indian industries like construction, electronics, and packaging combined with the Indian government focusing on the agri-food sector, the supply of processed agri-foods is expected to increase, resulting in increased usage of Laminating Adhesive. Factors like these have made Asia-Pacific an essential scope for the global Laminating Adhesives market.

Some of the market's key players are AshlandSika AG3M CompanyH.B.FullerThe Arkema Group, and  Henkel A.G. 

In Jan 2021, Bostik's Laminating Adhesive was approved for recycling.

In July 2020, Songwon introduced a new solvent-free Laminating Adhesive.

The Global Laminating Adhesive Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Laminating Adhesives market by segmenting based on Type (Solvent-Borne, Solvent-less, Water-borne & Others), By End-User Type (Packaging, Industrial, Electronics, Automation & Transportation, & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Laminating Adhesives market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Laminating Adhesives market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Laminating Adhesives Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

North America Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United States Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Canada Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Mexico Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Europe Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United Kingdom Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Germany Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Italy Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

France Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Other Supporting Charts

Rest of Europe Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South America Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Brazil Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Argentina Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of South America Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Asia-Pacific Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

China Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

India Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Japan Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Korea Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Asia-Pacific Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Middle East & Africa Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Saudi Arabia Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Africa Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Middle-East & Africa Laminating Adhesive Tape Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

  Who need this report?

  • Laminating Adhesives Manufacturing Companies
  • Packaging Companies
  • Suppliers, distributors of Laminating Adhesives
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Laminating Adhesive Market Outlook to 2027.pdf
Market Data - Global Laminating Adhesive Market Outlook to 2027.xls

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