Lamination is used to give barrier and sealant functions to the packaging of products. Lamination provides protection to the surface of the product, and bulk packaging also could be easier after the lamination process is done. Multiple layers of lamination can be applied with the help of lamination adhesives. These lamination adhesives and process of lamination can be different depending on the physical properties of the material for which lamination is being processed. Laminating adhesives are being applied in various forms such as water-based, solvent-based, etc. as per the requirement. Resins such as Polyurethane, Acrylic, etc. are used in lamination adhesives applications. Laminating adhesives are used in different = Industries like packaging, automotive and transportation, etc.
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The Laminating Adhesives Market will grow owing to the driving factors such as growing demand from food packaging applications. Lamination adhesives have low emission plus low wastages, which will further result in demand growth. Health concerns of people and rising demand for bioadhesives may hinder the growth of the laminating adhesives market. However, the competitive environment and need for attractive packaging means will encourage new opportunity for laminating adhesives market.
The laminating adhesives market is segmented on the basis of resin, technology, end-user industry. On the basis of resin, the laminating adhesives market is segmented into, polyurethane (PU), acrylic, others. On the basis of technology, the laminating adhesives market is segmented into, solvent-based, water-based, solventless, others. On the basis of end-user industry, the laminating adhesives market is bifurcated into, food & beverage, pharmaceutical, industrial, electronics, automotive and transportation, others.
The key market players profiled in the report are: 3M, Arkema (Bostik), Ashland, Coim Group, DIC Corporation, Dowdupont, H.B.Fuller, Henkel AG, L.D.Davis, Vimasco Corporation
Key Insights that the report covers:
- Key drivers, restraints, and prevailing trends
- Market size, growth rate, and opportunities
- Market share and position of the top players
- PEST Analysis of the five major regions
- Detailed SWOT analysis of top 10 companies
- Recent developments and new product launches
- Major challenges faced by the market players
The report features the market study across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. It includes country-wise analysis as well as the PEST analysis for these major regions. The impact of the political, economic, social, and technological factors on the market across these regions help in giving insightful knowledge of the favorable and unfavorable conditions for the major market players including manufacturers, investors, and shareholders.
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The market study also covers the critical details on the positions and hold of the influence of the top ten players on the market. It provides detailed analysis of these global players covering their market share, financial statements for last three years, recent developments and product launches for the past five years, a descriptive SWOT analysis, and the competitive landscape in detail. The report intends to give readers an accurate picture of the market and its state in the coming years.