According to a new market report by Lucintel, the future of the laminating adhesive market looks promising with opportunities in the flexible packaging, industrial, and automotive applications. The laminating adhesive market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing urban population along with growing pharmaceutical and consumer durable industries.
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In this market, solvent-based, solvent-less, and water-based are the major technology types. Solvent-based laminating adhesive is the largest technology type.
Within the laminating adhesive market, flexible packaging, industrial, and automotive are the major applications.
Polyurethane and acrylic are the major resin type segments of the laminating adhesive market.
Asia Pacific will remain the largest market over the forecast period due to growing demand from the packaging industry.
Henkel, The DowDuPont Chemical Company, Coim, Bostik, The 3M Company, Ashland Inc., H.B. Fuller, Vimasco Corporation, L.D. Davis, and Flint Group are among the major manufacturers of laminating adhesives
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the laminating adhesive market by application, technology, resin, and region. Lucintel has prepared a comprehensive research report entitled "Laminating Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the laminating adhesive market by application, technology, resin, and region as follows:
By Application [$M shipment analysis for 2013 – 2024]:
Flexible Packaging
Industrial
Automotive
By Technology [$M shipment analysis for 2013 – 2024]:
Solvent-based
Solvent-less
Water-based
By Resin [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/laminating-adhesive-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.