Laminating adhesives market is anticipated to grow at a CAGR of 6.2% during the forecast period. The growing demand for flexible packaging from end-user industries is a key factor driving the growth of the global laminating adhesives market. Laminating adhesives are used for bonding metal substances and plastics with each other. They are used in packing cheese, meat, coffee, tea, pharmaceuticals, and other consumable products. The restructuring of the pharmaceutical industry in the US is projected to offer numerous opportunities for market vendors to develop more lightweight laminating adhesives.
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High expenditure on biopharmaceutical R&D and growing demand for medical devices are opportunistic areas for the market players. As per the Pharmaceutical Research and Manufacturers Association, US companies spend nearly $75 billion on new medicines annually. These companies also hold intellectual property rights on most of the new medicine. The growing pharmaceutical sector is anticipated to create demand for laminating adhesives.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Laminating Adhesives Market, By Resin Type
- Acrylic
- Polyurethane
- Others
Global Laminating Adhesives Market, By Application
- Packaging
- Automotive & Transportation
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Arkema Group (Bostik)
- Ashland Inc.
- Coim Group (Novacote)
- DIC India Ltd.
- DuPont
- Evonik Industries AG
- Flint Group
- B. Fuller Company
- Henkel AG & Co. KGaA
- Hubergroup
- LD Davis
- Sika AG
- Shandong Huacheng High-tech Adhesive Co., Ltd
- Toyochem Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global laminating adhesives market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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