Hi, what are you looking for?
The global laminating adhesives market is estimated to top US$ 4.33 Bn by the end of 2027 in comparison to the US$ 3.10 Bn registered in 2021
Shifting approach toward low volatile organic compounds (VOCs) & environmentally sustainable adhesives continue to drive global laminating adhesive market. Growth in disposable products is another factor enabling broader consumption of laminating adhesives in the packaging industry. In 2027, the laminating adhesives market is projected to reach US$ 4.33 Bn in 2027, expanding at a healthy 5.8% CAGR during the forecast period of 2022-2027.
The laminating adhesives market is expected to experience significant growth, owing to growing industries – food, pharmaceutical, automotive and construction. Moreover, governments across the world are substantially investing in the healthcare sector, which is again expected to bolster the demand for laminating adhesives.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11275
The COVID-19 Impact on Global Market Scenario
The coronavirus (COVID-19) pandemic has significantly affected every facet of industrial sector globally. This has steered several changes in the laminating adhesives market landscape. Self-quarantine regulations have led to supply shortage and event withdrawals, and market players are gradually shifting their sources away from East Asia, given production and manufacturing disturbances in the region.
However, the coronavirus pandemic is likely to boost the adoption of flexible packaging to enhance food safety and thus, would offer new opportunities for players in laminating adhesives market.
In the global laminating adhesives market, food packaging applications are likely to hold key market shares. Among laminating adhesive types, water based laminating adhesives are expected to capture over 50% share of global market value, owing to their low-VOC content that reduces the negative impact on environment.
Key Takeaways of the Study
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-11275
Major players involved in the laminating adhesives market are focusing on expanding their customer base and distribution channel to meet the growing demand for laminating adhesives. For instance, in May 2022, Arkema S.A.’s subsidiary company Bostik S.A. expanded its distribution channel of maintenance, repair, and operations (MRO) in the US.
The MRO product line includes glue sticks, anti-seize compounds and lubricants, woodworking lubricants, epoxy adhesives, and aerosol adhesives to satiate the rising demand from manufacturers across the country.
Key players involved in the laminating adhesives market include The DOW Chemical Company, Huber Group, Arkema S.A., TOYOCHEM CO., LTD., Ashland Global Specialty Chemicals Inc., SAPICI S.p.A., H.B. Fuller Company, 3M, Sika AG, Henkel AG & Company, KGaA, Bayer AG, and among others.
Laminating Adhesives Market by Category By Product Type:
https://www.futuremarketinsights.com/customization-available/rep-gb-11275
Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials Domain
Glass Fiber Reinforced Plastic (GFRP) Composites Market: The glass fiber reinforced plastic market is growing continuously and is predicted to increase at a moderate CAGR of 6.6% during 2022-2032.
Magnetic Material Market: The global magnetic materials market is projected to register a CAGR of 9.3% between 2022 and 2032.
Tallow Amine Market: The tallow amine market is anticipated to record a CAGR of 4% during the forecast period. The tallow amine market share is valued at US$ 9.3 Bn in 2022, and is anticipated to value at US$ 13.77 Bn by 2032.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Unit No: 1602-006 Jumeirah Bay 2 Plot No: JLT-PH2-X2A Jumeirah Lakes Towers Dubai United Arab Emirates Report: https://www.futuremarketinsights.com/reports/laminating-adhesives-market For Sales Enquiries: [email protected] Browse Other Reports: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs
The post Laminating Adhesives Market is Expected to Grow at a Moderate 5.8 % CAGR, Reaching more than US$ 4.33 Billion by the end of 2027 appeared first on Future Market Insights.
Buses of Russian tourists stream into Finland at Nuijamaa border crossing in the country's southeast.
Russia's announcement this week that it will leave the ISS "after 2024" raises critical questions about the outpost's future viability.
A Norwegian woman remains on course to climb the world's 14 "super peaks" in the shortest time ever.
Human Rights Watch has accused both Russian and Ukrainian forces of putting civilians at risk by setting up positions in residential areas.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.