New Delhi News

Laminating Adhesives Market is Expected to Expand by US$ 4.1 billion in Revenue Through 2026

 Breaking News
  • No posts were found

Laminating Adhesives Market is Expected to Expand by US$ 4.1 billion in Revenue Through 2026

January 24
00:09 2023
Laminating Adhesives Market is Expected to Expand by US$ 4.1 billion in Revenue Through 2026
Browse 296 market data Tables and 37 Figures spread through 221 Pages and in-depth TOC on “Laminating Adhesives Market”
Laminating Adhesives Market by Technology (Solvent-based, Solventless, and Water-based), Resin Type(Polyurethane and Acrylic), End-Use Industry (Packaging, Industrial, and Automotive & Transportation), and Region

The laminating adhesives market exhibits high growth potential and is projected to reach a market size of USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 6.9%. APAC is the largest laminating adhesives market projected to register the second-highest CAGR. This high growth is due to the growing demand from the packaging, industrial, and automotive & transportation industries. There is rising awareness about the use of eco-friendly adhesives in this region. 

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129921733 

Polyurethane is the most widely used type of laminating adhesive due to its superior adhesive strength, resistance to moisture, flexibility, and resistance to a wide range of temperatures. It is widely used for applications such as carpet backing, upholstery, lamination of paper products, and lamination of textiles. Polyurethane laminating adhesives are available in a variety of viscosities, allowing for different levels of adhesion and flexibility. They are also available in a range of colors, allowing for a variety of decorative options.

Solvent-based laminating adhesives are preferred due to their superior adhesion, fast drying time, and excellent clarity. They are used in a wide range of applications, including lamination of paper, plastic films, aluminum foils, and other substrates. They are also used for specialty applications such as metalized films and for high-temperature and high-pressure lamination. Solvent-based laminating adhesives are generally preferred due to their superior adhesion and fast drying time, which make them suitable for high-speed production processes. In addition, these adhesives provide excellent clarity, which is essential for applications where clarity is important.

The key market players are Henkel AG (Germany), 3M Company(U.S), Arkema (Bostik), Sika AG (Switzerland). These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, partnership & agreement to grow in the market. Merger & acquisition was the key strategy adopted by the major players between 2016 and 2021. This strategy strengthened their market position and increased their presence in emerging economies. 

If You Want To Know More About Report Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=129921733  

Henkel is engaged in consumer and industrial businesses. The company operates through various segments, including adhesive technologies (adhesives, sealants, and surface treatments for consumer and industrial purposes), laundry & home care (household cleaning products such as laundry detergent and dishwashing liquid), beauty care (beauty & oral care products such as shampoos, toothpaste, hair colorants, and shower products), and corporate.

The company’s adhesive technologies segment is a global leader in the adhesives market across all end-use industries. Henkel manufactures laminating adhesives under this segment. The company has operations in North America, Latin America, APAC, Europe, the Middle East, and Africa. 

3M Company offers a broad spectrum of products, including adhesives, bonding materials, coatings, and specialty materials. The company operates in four business segments, namely, safety & industrial, transportation & electronics, healthcare, and consumer. The company manufactures laminating adhesives for various applications through its industrial and consumer segments. It operates with production sites in 70 countries worldwide and offers products and solutions to customers in approximately 200 countries in the Americas, APAC, Europe, and the Middle East & Africa.

Request for Bundle Report at https://www.marketsandmarkets.com/RequestBundleReport.asp?id=129921733 

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. 

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. 

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/laminating-adhesives-market-129921733.html

Related Articles