70 likes | 92 Views
The study on the market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market, for the forecast period 2019-2026.
E N D
Laminating Adhesives Market To Reach USD 4.06 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The development of flexible packaging industries owing to the rise in demand for consumers and growth in population are propelling the market growth. Market Size – USD 2.30 Billion in 2018, Market Growth - CAGR of 7.3%, Market Trends – The advent of lightweight automotive parts. The global laminating adhesives market is forecast to reach USD 4.06 Billion by 2026, according to a new report by Reports and Data. Laminating adhesives are specialty chemicals which provide strong adhesion between two metallic surfaces or films.
Our Approach Market Summary This strong bond exhibits properties of excellent heat and chemical resistance. They are propagated in various mediums or technologies like water-based, solvent-based, and solvent less, among others. Developing industries like healthcare and food and beverage industries require consumer durables which will, in turn, promote the growth of lamination adhesives. The market for laminating adhesives is influenced by the rising demand from the packaging industry. The procedure for lamination is carried out by applying pressure or heat, and this imparts aesthetic values as well as protects the product. They remain in function under high machinery speeds like automobiles. Lamination adhesives are used for packaging confectionery, meat, agricultural produce, and medical products. Since they allow printability, permeability, and flexibility, they can be used in the flexible packaging industry. These mentioned factors collectively create opportunities for the market growth while factors such as unfavorable effects of laminating adhesives pose limitations in the market. The strict rules and policies invoked by the authority against the utilization of harmful chemicals along with the volatile raw material market prices affect the overall production of laminating adhesives. This subjugation can be overcome with the rise in the number of manufacturers and research in the field for the utilization of less hazardous chemicals in the production process. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1945
Our Approach Market Summary Further key findings from the report suggest The solvent-less technology type is set to witness the highest CAGR of 8.1% through the forecast period. They are widely used in the production of coffee-bags, stand up pouches, confectionery packaging, and frozen food packaging. Polyurethane type of resin occupied the largest market share of 46.1% in the year 2018. PU-based laminating adhesives provide exceptional adhesion between textiles, metal, leather, and paper. Their application varies, such as on buses, trucks, rails, and other automotive vehicles. Solvent-based technology held the largest market share of 33.6% in the year 2018. It is because of the properties like higher bond strength, lower emission, and lesser cure time. Hence, the solvent-based segment is the backbone of the food packaging industry. The automotive and transportation industry is set to experience the highest CAGR of 8.0% during the forecast period. They are used for body panels, fenders, heat shields, among others in automotive products…Continued To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/laminating-adhesives-market
Our Approach Market Summary Key participants 3M, Arkema (Bostik), Fujifilm Corporation, H.B. Fuller Company, Henkel AG & Co. KGaA, Dowdupont Inc., DIC Corporation, Dymax Corporation, Flint Group, and Weilburger Holding GmbH, among others. For the purpose of this report, Reports and Data have segmented the global Laminating Adhesives Market on the basis of technology type, resin type, end-users, and region: Technology Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Solvent-Based Solvent less Water-Based Others Resin Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Polyurethane Acrylic Others
Our Approach Market Summary End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) Packaging Industrial Automotive and Transportation Others Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026) North America Europe Asia Pacific MEA Latin America Other Order Now: https://www.reportsanddata.com/checkout-form/1945
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Our Approach About Us