Market Insights

Laminating adhesives market is likely to witness an impressive CAGR of 7.0% during the forecast period. Increasing demand from end-use industries including packaging, industrial, and automotive & transportation with technical advancement in the product is the major factor that is contributing to the demand for laminating adhesives.

Segments' Analysis

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Laminating Adhesives Market Share: By Technology Type

Based on the technology type, the market is segmented as solvent-based, water-based, solventless, and others. Water-based laminating adhesive dominated the market in 2019, and is expected to remain dominant during the forecast period. Due to increasing concern on VOC emission from solvent-based laminating adhesives, water-based products are more preferred. Furthermore, water-based laminating adhesives are compatible with a wide range of substrates such as plastics, metallic films, natural and synthetic textiles, etc.

Laminating Adhesives Market Share: By Resin Type

Based on the resin type, the laminating adhesives market is segmented as polyurethane, acrylic, and others. Polyurethane-based laminating adhesives account for the largest share as they offer excellent adhesion with plastics, textile, metal, rubber, leather, paper, wood, etc. They also offer good resistance to solvents and chemicals while providing excellent performance on heat-sensitive substrates.

Laminating Adhesives Market Share: By End-Use Industry Type

Based on the end-use industry type, the laminating adhesives market is segmented as packaging, industrial, and automotive & transportation. Packaging accounted for the largest share of the market in 2019. The packaging industry has been witnessing the transition from rigid packaging to flexible packaging due to the latter’s advantages such as light weight, easy handling & transportation, longer shelf life, and smooth printability. As laminating adhesives are used in flexible packaging extensively; this development is expected to propel the laminating adhesives market.

Laminating Adhesives Market Share: By Region

In terms of regions, Asia-Pacific is estimated to remain the largest market during the forecast period. Significant growth in flexible packaging’s demand in Asia-Pacific with the changing lifestyle, growing middle-class population, and rising disposable income are expected to fuel the demand for laminating adhesives in the region.

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Market Scope & Segmentation

With the increasing awareness about product safety, laminating adhesives are increasingly being used in specialty flexible packaging which are initially regarded as too expensive and not technically advanced enough for lamination. Laminating adhesives are used to bond laminated plastic films to other plastic film substrates, paper substrates, or metallic foil substrates in food, medical, and industrial packaging.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The laminating adhesives market is segmented into the following categories. 

Laminating Adhesives Market Size, Share, & Forecast, by Technology Type:

• Solvent-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Water-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Solventless (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Laminating Adhesives Market Size, Share, & Forecast, by Resin Type:

• Polyurethane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Laminating Adhesives Market Size, Share, & Forecast, by End-Use Industry Type:

• Packaging
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Type Analysis: Food & Beverage, Pharmaceuticals, and Consumer Products)
• Industrial
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (End-Use Industry Type Analysis: Insulation, Window Films, Electronics, and Others)
• Automotive & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Laminating Adhesives Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the major players in the laminating adhesives market are-

• Arkema S.A.
• Ashland Inc.
• COIM Group
• DIC Corporation
• DowDuPont Inc.
• Flint Group
• H.B. Fuller Company
• Henkel AG & Co. KGaA
• The 3M Company
• Vimasco Corporation
• Others.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the resin types by end-use industry type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.