Laminating adhesives market is growing at a CAGR 10.6% in the forecast period. Laminating adhesives market is growing due to the flexible packaging industry and the increasing demand for packed food. Growing concerns related to plastic disposal will hamper the growth of the market.
Laminating adhesives market has shown an exceptional penetration in the developed economies. Asia-Pacific is dominating the market due to the growing manufacturing activities and increasing need for flexible packaging countries such as India, China and Japan.
Laminating adhesives are used to fix two or more layers with the help of sticky materials or glue, used in various end-user industries for long time. Laminating adhesives has various properties such as thermoforming ability, flame resistance gad permeability and resistance to heat and chemical substances. Used in various end-user industries such as healthcare, personal care, industrial applications and automotive applications. Flexible packaging is commonly used for food packaging and is the most common adhesive, laminating adhesives is time utilizing, cost effective process as compared to other processes as to increase the production of laminating adhesive use of bio raw materials are used to reduce price of final product. Dow chemical company has launched new laminating adhesive, it contains polyester component of two component laminating adhesive. Increasing demand for packaged foods in personal care and healthcare products, rising consumer awareness regarding usage of eco-friendly adhesives and growth of laminating adhesives for flexible packaging products are driving the growth of the market.
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Laminating adhesives market segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of market Laminating adhesives market companies contact us https://www.databridgemarketresearch.com/reports/global-ethyleneamines-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Laminating Adhesives Market – Industry Trends and Forecast to 2027