Global Laminating Adhesive Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Laminating Adhesive Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global Laminating adhesive market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global Laminating adhesive market report has been segmented on the basis type, application, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview

Laminating adhesives are used to keep the substrates together after lamination process. Several advantages of using laminating adhesives are electrical insulation, increased or decreased gas permeability, thermoforming capability, flame resistance, heat resistance, and chemical resistance. Laminating adhesives for flexible packaging are available in a variety of technologies, viscosities, and solids concentrations. The basic categories of laminating adhesive are waterborne, solvent based, reactive, and hot melt.

Dynamics

Rising demand for laminating adhesive from packaging sector coupled with rapid advancement and growth in packaging industry are major factors driving growth of the global laminating adhesive market. In addition, increasing demand for packaged food and personal care products is further boosting demand for laminating adhesive. This is another factor propelling growth of the global market. Moreover, rising demand from industrial and pharmaceutical sectors is a factor further fueling growth of the global market.

Concerns related to plastic disposal is a factor restraining growth of the global market to a certain extent currently. However, R&D activities towards development of products with high bond strength, less emission, and less cure time is a factor expected to present lucrative business opportunities for major players in the global laminating adhesive market during the next 10 years.

Regional Analysis

The North America market accounts for significant share in the global laminating adhesive market in terms of revenue. The Europe market accounts for considerable share in terms of revenue in the global market. The Europe laminating adhesive market is expected to witness moderate growth and is expected to register a CAGR of X.X% over the forecast period. Presence of major food industries in countries in Europe is a key factor driving growth of the Europe laminating adhesive market. The Asia Pacific laminating adhesive market accounts for highest share in terms of revenue in the global market and is expected to maintain its dominance over the forecast period. The Asia Pacific laminating adhesive market is expected to witness highest growth in terms of revenue in the global market and is projected to register a CAGR of XX.X% during the forecast period.

Global Laminating Adhesive Market Segmentation:

Segmentation on the basis of type:

• Solvent-Borne
• Water-Borne
• Solvent less
• Others

Segmentation on the basis of application:

• Packaging
• Industrial
• Automotive
• Others

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa