Report Format: PDF
Published Date: Dec-2017 | 100 Pages | Report ID: ARS00131
Global Laminating Adhesives Market Size was valued nearly USD 2.48 billion by 2018 and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.
Global Laminating Adhesives Market Growth Opportunities (Revenue, Growth) By 2017-2025
Laminating adhesives are substances used for laminating particular contents that needs protection from moisture, heat, cold, and others in order to safeguard the substance. The highly flexible and gas barring properties of laminating adhesives make them ideal for many industries.
Market Dynamics
In 2018, laminating adhesives market was valued nearly USD 2.48 billion and is expected to witness significant growth in the coming years, owing to their escalating demand by packaging industry, automotive industry, electronics industry, transportation industry and others. Rising demand of sustainable adhesives that are environment-friendly and less volatile organic compounds is driving the growth of laminating adhesives market. Various advantageous features of laminating adhesives such as efficiency in weight reduction of a substance, leakage control for fluids, flexibility and high temperature tolerance are expected to boost the growth of laminating adhesives market over the forecast period. Availability of different types of laminating adhesives in the market and presence of huge number of market players across the globe is also boosting the growth of laminating adhesives market over the forecast period. However, high cost of manufacturing associate with laminating adhesives is expected to impact the growth of laminating adhesives market negatively during the forecast period.
Segment Analysis
Among technology, solvent based segment is expected to show significant growth in laminating adhesives market over the forecast period, owing to higher adaptation of solvent based adhesives by crucial industries such as pharmaceutical, electronics, food & beverages and others. Low cure time, high bond strength, less wastage and lower emission are some of the crucial properties associated with solvent based adhesives that are expected to boost the growth of the segment over the forecast period.
Among applications, automotive and transportation segment is expected to expand at a faster pace over the forecast period, owing to higher utilization of laminating adhesives in this industry. High bonding strength offered by laminating adhesives as compared to conventional techniques is of utmost importance for automotive industry and hence it has higher demand by the industry. Increased demand of lightweight vehicles, coupled with increased strictness of government over use of toxic materials in automotive industry is expected to drive the growth of laminating adhesives market in automotive sector.
Regional Analysis
Asia Pacific is anticipated to be the fastest growing region in global laminating adhesives market, owing to rapid industrialization in countries such as Malaysia, China, India, Thailand, and others. Improvement in economic condition of Asian countries has led to the growth of several industries in the region such as automotive, healthcare, and others, and it is expected to contribute greatly in the growth of laminating adhesives market in the forecast period. Anticipated growth in processing and packaging sectors of Asia Pacific, due to increasing population is also expected to boost the growth of the laminating adhesives market in the region during the forecast period.
Global Laminating Adhesives Market Size, Share Analysis By Region 2017
Global Laminating Adhesives Market Study Objective
1. To forecast the market size of laminating adhesives market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of laminating adhesives market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of laminating adhesives market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of laminating adhesives market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the laminating adhesives market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of laminating adhesives market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of laminating adhesives market commercially.
Competitive Landscape
Major players performing in laminating adhesives market include The Dow Chemical Company, Ashland Inc., Henkel AG & Company, BASF SE, Dymax Corporation, and Bostik SA.
Global Laminating Adhesives Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.
The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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