PUNE, MAHARASHTRA, INDIA, Jan 8, 2022 /EINPresswire.com/ – The Global Laminating Adhesives Market 2021-2026 has been prepared based on an in-depth market analysis with contributions from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the major vendors operating in this market. The proprietary data offered in this report is collected by the team of research and industry experts.
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The Laminating Adhesives market has high growth potential and is expected to reach a market size of USD 4.1 billion by 2026, up from USD 2.9 billion in 2021, with a CAGR of 6.9%. This report spread over 221 pages, profiling 17 companies and supported with 296 tables and 37 figures are now available in this research.
Top Key Players Featured in the Laminating Adhesives Market:
• Henkel SA
• 3M Company
• Sika SA
Polyurethane laminating adhesives are made from urethane polymers. Urethane is produced by a chemical reaction between the diisocyanate and the polyol. Polyurethane laminating adhesives are used in a variety of applications due to their high toughness, abrasion resistance, flexibility (especially at low temperatures), and adhesion to a wide variety of substrates. They have various properties such as flexibility and strength, low curing temperature, excellent low temperature resistance and high environmental resistance. One-component polyurethane adhesives can be elastic or rigid, depending on the structure of the thermoset or elastomer and the curing techniques.
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Solvent-based technology involves the use of a significantly higher level of organic solvents than that of water-based technology. The consumption of solvent-based adhesives is declining in packaging applications. However, they are still required in some applications where solvent-free and water-based or hot-melt technologies do not meet technical requirements.
“APAC is the second fastest growing market for laminating adhesives during the forecast period. “
APAC is the second fastest growing laminating adhesive market. An increase in demand for laminating adhesives is mainly attributed to high economic growth and heavy investments in industries such as automotive, consumer goods and home appliances, building and construction and manufacturing. Key factors such as industrialization, growing middle class population, increasing disposable income, changing lifestyles and increasing consumption of packaged products are expected to drive demand for laminating adhesives in the market. during the forecast period.
Breakdown of the profile of the main participants:
• By type of business: level 3 – 20%, level 2 – 30% and level 1 – 50%
• By designation: level D: 30%, level C: 30% and others: 40%
• By region: APAC – 20%, North America – 40%, Europe – 20%, South America – 10% and Middle East and Africa – 10%
Laminating Adhesives Market Competitive Landscape:
2 Business valuation quadrant, 2020
2.2 Emerging leaders
3 Competitive benchmarking
3.1 Strength of the product portfolio
3.2 Excellence in business strategy
4 Competitive scenario
4.1 Launch of a new product
4.2 Investment and expansion
4.3 Merger & Acquisition
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The Laminating Adhesives market has been segmented on the basis of Resin Type (Polyurethane & Acrylic), End Use Industry (Packaging, Industrial & Automotive & Transportation), Technology (Solvent Based, Solvent Free) and water-based) and region (APAC, Europe, North America, South America, Middle East and Africa).
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