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Laminating Adhesives Market - Forecast (2020 - 2025)

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  • 106 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 4425265
Laminating Adhesives Market Overview

The laminating adhesives market is exhibiting strong growth because of improving economies, and growing food and pharmaceutical sectors in developing and developed regions. The automotive and construction industries have been the prominent end-user industries for laminating adhesives. Mainly driven by the strong infrastructural growth and rise in restoring trend. Technological advancements as well as the growing middle class population in various geographies is all set to boost the demand for laminating adhesives in the near future. The Laminating Adhesives Market is estimated to grow at a CAGR of 4.80% during the forecast period 2020–2025. APAC is the prominent region for Laminating Adhesives Market and is estimated to grow at a CAGR of 6.08% during the forecast period. The growth in APAC can be attributed to the increasing automotive and constructional activities. Moreover, considerable laminating adhesives demand in the Americas and European countries is likely to boost the overall market.

Laminating Adhesives Market Outlook

In this report, the laminating adhesives market has been segmented based on the type of adhesives and their applications. The market has primarily been segmented on the basis of the type of adhesives commercially available, which include water-based, solvent-based, solvent-less, and others. The market has also been explored on the basis of the different applications wherein these adhesives are applied. Laminating adhesives find their applications in various industries flexible packaging, automotive, industrial and others. The Flexible packaging segment is the major application area for laminating adhesives. The report also profiles the leading market players, taking into account their respective financial standings, business strategies, product portfolio and recent developments.

According to findings, the water-based laminating adhesives segment will hold the largest market share during the forecast period. The segment is estimated to grow at a CAGR of 5.47% to reach $3,365.20m by 2025.

Laminating Adhesives Market Growth Drivers

The new technologies in laminating adhesives assist in increased safety and sustainability for flexible packaging. Increased environmental and safety concerns have prompted the manufacturer to opt for laminating adhesives over traditional solvent-based products in flexible food packaging.

Implementation of film laminated structure is one of the significant advances in flexible packaging. It allows the different properties of various structures to provide unique packaging protection. Lamination can be performed using adhesives, heat sealable coatings, or extrusion lamination. With water as their main component, unlike solvent-based adhesives, these adhesives only discharge moisture into the atmosphere during drying, thereby reducing VOC emission. Another major advantage of choosing water-based adhesives is that they can be used on a range of substrates including natural and synthetic textiles, plastics, metallic films and many more. They maintain a stable bond over time equal to or greater than the solvent alternatives.

Laminating Adhesives Market Challenges

The health issues posed by formation of Primary Aromatic Amines (PAA) are some of the challenges faced by the laminating adhesives market. PAAs are formed if the adhesives are not fully cured before the laminate is filled with food – residual isocyanate monomers in the adhesive react with the moisture that is found in foods and form PAAs.

PAAs stand out among the non-intentionally added substances (NIAS) found in flexible packaging since PAAs have been identified as carcinogenic. Because of this specific hazard special attention must be paid to ensure that they do not migrate into food.  

Laminating Adhesives Market

Laminating Adhesives Market Research Scope

The base year of the study is 2020, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the fiber cement in Laminating Adhesives Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of laminating adhesive, and their specific applications in various industry verticals.

Laminating Adhesives Market Report: Industry Coverage

  • Types of Laminating Adhesives: Solvent less, Water base, Solvent base and others.

  • Applications of Laminating Adhesives: Flexible Packaging, Industrial/Construction, Automotive and others.

The Laminating Adhesives Market report also analyzes the global region for the market.

The regions and countries covered in the study include:

  • Americas (North America and South America)

  • Europe (France, Germany, U.K, Italy, Spain, and Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea and Rest of Asia-Pacific)

  • Rest of the World (Middle East and Africa)

Laminating Adhesives Market Key Players Perspective

Henkel and H.B. Fuller are amongst the key players in the laminating adhesives market. In 2020, Henkel held 6.94% of the market share, while H.B.Fuller held a market share of 4.22%.

Bostik (Arkema), is one of the world leading suppliers of laminating adhesive and other specialty purpose adhesives. The company was acquired by Arkema in February 2020. Arkema is a global speciality chemical manufacturer. It provides coating solutions, high performance materials, such as thermoplastic materials, and industrial specialities, such as chemical intermediates..

Laminating Adhesives Market Trends

Laminating adhesives assure proper bonding of different metal substrates or plastics with each other or different substrates, thereby ensuring proper lamination of materials. They are used in the packaging of medicines, and laminating of medical trays, and other surgical equipment. Laminating adhesives are industrially used in the lamination of roofs, window glass, textiles, and medical wear. In the automotive industry, lamination adhesives are used in interior dash board laminations, seat laminations, and door panel laminations, thereby providing superior quality and appearance.

Table of Contents

1. Laminating Adhesives Market – Market Overview
1.1. Definitions and Scope
2. Laminating Adhesives Market - Executive Summary
2.1. Market Revenue, Market Size and Key Trends By Company
2.2. Key Trends By Type of Application
2.3. Key Trends Segmented By Geography
3. Laminating Adhesives Market – Comparative Analysis
3.1. Comparative Analysis
3.1.1. Product Benchmarking – Top 10 Companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value Split By Top 10 Companies
3.1.4. Patent Analysis – Top 10 Companies
3.1.5. Pricing Analysis
4. Laminating Adhesives Market – Startup Companies Scenario
4.1. Top 10 Startup Company Analysis By
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Laminating Adhesives Market – Startup Companies Scenario
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Laminating Adhesives Market – Market Forces
6.1. Market Drivers
6.2. Market Constraints
6.3. Market Challenges
6.4. Porters Five Force Model
6.4.1. Bargaining Power of Suppliers
6.4.2. Bargaining Power of Customers
6.4.3. Threat of New entrants
6.4.4. Rivalry Among Existing Players
6.4.5. Threat of Substitution
7. Laminating Adhesives Market – Strategic Analysis
7.1. Value Chain Analysis
7.2. Pricing Analysis
7.3. Opportunities Analysis
7.4. Product/Market Life Cycle Analysis
7.5. Suppliers and Distributors
8. Laminating Adhesives Market – By Technology (Market Size - $Million/$Billion)
8.1. Market Size and Market Share Analysis
8.2. Application Revenue and Trend Research
8.3. Technology Segment Analysis
8.3.1. Introduction
8.3.2. Solvent Less
8.3.3. Water Base
8.3.4. Solvent Base
8.3.5. Radiation Curable
8.3.6. Hot Melt
8.3.7. Others
9. Laminating Adhesives Market – By Adhesive Type (Market Size - $Million/$Billion)
9.1. Introduction
9.2. Polyurethane
9.3. Polyester
9.4. Acrylic
9.5. Synthetic and Natural Rubber
9.6. Modified Polyolefin
9.7. Vinyl Acetate
9.8. Ethylene
9.9. Silicone
9.10. Others
10. Laminating Adhesives Market – By Type (Market Size - $Million/$Billion)
10.1. Introduction
10.2. Wet Lamination
10.3. Dry Lamination
11. Laminating Adhesives Market – By Component (Market Size - $Million/$Billion)
11.1. Introduction
11.2. One Component
11.3. Two Component
12. Laminating Adhesives Market – By Application (Market Size - $Million/$Billion)
12.1. Introduction
12.2. Flexible Packaging
12.2.1. Food
12.3. Industrial/ Construction
12.4. Automotive
12.5. Medical
12.6. Wood
12.7. Paper Converting
13. Laminating Adhesives Market – By Geography (Market Size - $Million/$Billion)
13.1. Laminating Adhesives Market – North America Segment Research
13.2. North America Market Research ($Million/$Billion)
13.2.1. Segment Type Size and Market Size Analysis
13.2.2. Revenue and Trends
13.2.3. Application Revenue and Product Analysis
13.2.4. North America Product Type and Application Market Size U.S. Canada Mexico
13.3. Laminating Adhesives Market – South America Segment Research
13.4. South America Market Research ($Million/$Billion)
13.4.1. Segment Type Size and Market Size Analysis
13.4.2. Revenue and Trends
13.4.3. Application Revenue and Product Analysis
13.4.4. South America Product Type and Application Market Size Brazil Argentina Ecuador Peru Colombia Rest of South America
13.5. Laminating Adhesives Market – Europe Segment Research
13.6. Europe Market Research ($Million/$Billion)
13.6.1. Segment Type Size and Market Size Analysis
13.6.2. Revenue and Trends
13.6.3. Application Revenue and Product Analysis
13.6.4. Europe Product Type and Application Market Size Germany France Italy Spain Russia U.K. Rest of Europe
13.7. Laminating Adhesives Market – Asia-Pacific Segment Research
13.8. Asia-Pacific Market Research ($Million/$Billion)
13.8.1. Segment Type Size and Market Size Analysis
13.8.2. Revenue and Trends
13.8.3. Application Revenue and Product Analysis
13.8.4. Asia-Pacific Product Type and Application Market Size China India Japan South Korea Rest of Asia-Pacific
13.9. Laminating Adhesives Market – Rest of the World Segment Research
13.10. Rest of the World Market Research ($Million/$Billion)
13.10.1. Segment Type Size and Market Size Analysis
13.10.2. Revenue and Trends
13.10.3. Application Revenue and Product Analysis
13.10.4. Rest of the World Product Type and Application Market Size Middle East Africa
14. Laminating Adhesives - Market Entropy
14.1. New Product Launches
14.2. M&As, Collaborations, JVs, Partnerships
15. Laminating Adhesives Market – Market Share
15.1. Market Share Analysis
15.1.1. Market Share By Country – Top Companies
15.1.2. Market Share By Region – Top 10 Companies
15.1.3. Market Share By Type of Application – Top 10 Companies
15.1.4. Market Share By Type of Product / Product Category – Top 10 Companies
15.1.5. Market Share at Global Level – Top 10 Companies
15.1.6. Best Practices for Companies
16. Laminating Adhesives Market – Key Company List By Country
17. Laminating Adhesives Market – Company Analysis
17.1. Market Share, Company Revenue, Products, M&A, Developments
17.1.1. Ashland
17.1.2. 3M
17.1.3. Arkema
17.1.4. DowDuPont
17.1.5. H.B Fuller
17.1.6. Henkel
17.1.7. Huntsman
17.1.8. Sika A.G
17.1.9. Toyo Ink Group
17.1.10. Wacker Chemie
18. Laminating Adhesives Market - Appendix
18.1. Abbreviations
18.2. Sources
19. Laminating Adhesives Market – Research Methodology
19.1. Research Methodology
19.1.1. Company Expert
19.1.2. Industry Database
19.1.3. Associations
19.1.4. Company News
19.1.5. Company Annual Reports
19.1.6. Application Trends
19.1.7. New Products and Product Database
19.1.8. Company Transcripts
19.1.9. R&D Trends
19.1.10. Key Opinion Leaders Interviews
19.1.11. Supply and Demand Trends

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Henkel

  • The Dow Chemical Company

  • Coim

  • Bostik

  • The 3M Company

  • Ashland Inc.

  • H.B. Fuller

  • Vimasco Corporation

  • L.D. Davis

  • Flint Group