Laminating Adhesives Market

1. Laminating Adhesives Market Growth, COVID Impact, Trends Analysis Report Forecast to 2033 The global laminating adhesives market is estimated to top US$ 6.2 Billion by the end of 2033 in comparison to the US$ 3.5 Billion registered in 2023. Shifting approach toward low volatile organic compounds (VOCs) environmentally sustainable adhesives continue to drive global laminating adhesive market. Growth in disposable products is another factor enabling broader consumption of laminating adhesives in the packaging industry. In 2027, the laminating adhesives market is projected to reach US$ 6.2 Billion in 2033, expanding at a healthy 6.1% CAGR during the forecast period of 2022-2027. The laminating adhesives market is expected to experience significant growth, owing to growing industries – food, pharmaceutical, automotive and construction. Moreover, governments across the world are substantially investing in the healthcare sector, which is again expected to bolster the demand for laminating adhesives. In the global laminating adhesives market, food packaging applications are likely to hold key market shares. Among laminating adhesive types, water based laminating adhesives are expected to capture over 50% share of global market value, owing to their low-VOC content that reduces the negative impact on environment. Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11275 Competition Overview Major players involved in the laminating adhesives market are focusing on expanding their customer base and distribution channel to meet the growing demand for laminating adhesives. For instance, in May 2022, Arkema S.A.’s subsidiary company Bostik S.A. expanded its distribution channel of maintenance, repair, and operations (MRO) in the US. The MRO product line includes glue sticks, anti-seize compounds and lubricants, woodworking lubricants, epoxy adhesives, and aerosol adhesives to satiate the rising demand from manufacturers across the country. Key players involved in the laminating adhesives market include The DOW Chemical Company, Huber Group, Arkema S.A., TOYOCHEM CO., LTD., Ashland Global Specialty Chemicals Inc., SAPICI S.p.A., H.B. Fuller Company, 3M, Sika AG, Henkel AG Company, KGaA, Bayer AG, and among others. Laminating Adhesives Market by Category By Product Type:  Solvent Based  Water Based By Application:  Food Packaging  Medical Packaging

2.  Industrial Packaging  Other End-use The COVID-19 Impact on Global Market Scenario The coronavirus (COVID-19) pandemic has significantly affected every facet of industrial sector globally. This has steered several changes in the laminating adhesives market landscape. Self-quarantine regulations have led to supply shortage and event withdrawals, and market players are gradually shifting their sources away from East Asia, given production and manufacturing disturbances in the region. However, the coronavirus pandemic is likely to boost the adoption of flexible packaging to enhance food safety and thus, would offer new opportunities for players in laminating adhesives market. Browse latest Market Reports@  https://www.futuremarketinsights.com/category/chemicals-and-materials