Enhancing Bonding Solutions: Exploring the Laminating Adhesives Market
Danny Sharma
Sr. Chemicals Consultant II Hydrogen, Specialty Materials, Composites, Petrochemical, Coatings, Adhesives, Elastomers, Inorganics|| Business Development, Strategy & Planning, Marketing||
Laminating adhesives are used in a wide variety of industries, from packaging to automotive and aerospace applications. They are used to bond layered materials such as paper, plastic, metal, wood, and fabrics. They provide a strong, permanent bond and can be used for both interior and exterior applications. Laminating adhesives are typically solvent-based and require a primer or a surface treatment prior to application.
The global laminating adhesives market is projected to reach a market size of USD 5.1 billion by 2028 from USD 3.6 billion in 2022, at a CAGR of 5.8%. The demand for laminating adhesives is expected to grow due to the increasing demand for lightweight materials and the need for better adhesion and strength.
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The polyurethane segment is projected to be the fastest-growing segment of the global laminating adhesives market during the forecast period. It is primarily used in the packaging and construction industry due to its excellent properties, such as high adhesion strength, good abrasion resistance, low water permeability, and low volatile organic compound (VOC) emissions. Polyurethane laminating adhesives are known for their superior performance, durability, and resistance to chemicals, which makes them suitable for a wide range of applications, such as flooring and furniture, automotive interiors, and packaging. The increasing demand for polyurethane laminating adhesives in the packaging and construction industry is expected to drive the growth of the market during the forecast period.
Solvent-based laminating adhesives are widely used in various end-use industries. These are mainly used in the manufacturing of paper and paperboard, non-woven, textile, and plastic laminates. The solvent-based laminating adhesives are also used for the lamination of floor laminates, wood-based panels, and decorative laminates. These adhesives offer superior adhesion and excellent chemical resistance, which makes them suitable for a wide range of applications. The solvent-based laminating adhesives are available in various forms, such as hot melts, pastes, and coatings. They have high thermal stability and provide excellent bonding characteristics.
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The Asia Pacific region is expected to be the largest and fastest-growing laminating adhesive market during the forecast period. This growth is attributed to the increasing demand for laminating adhesives from various end-use industries, such as packaging, automotive, construction, and consumer goods, in the region. The growth of the packaging industry in the Asia Pacific region is likely to create a high demand for laminating adhesives. The increasing urban population, rising disposable incomes, and growing consumer spending in the region are the key drivers of the packaging industry. Moreover, the increasing demand for laminating adhesives for applications in the automotive and construction industries is also expected to drive the growth of the Asia Pacific laminating adhesive
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The key players profiled in the laminating adhesives market are? Henkel AG & Co. KGaA,? Saint-Gobain S.A.,? 3M 公司 ,? H.B. Fuller ,? Sika China 西卡中国 AG,? 艾利丹尼森 Corporation,? Bostik SA,? DowDuPont Inc,? Franklin International ,? 亨斯迈集团 ,? Illinois Tool Works (ITW) Inc,? Mapei ,? RPM International Inc. ,? 亚什兰 Inc,? 巴斯夫 SE, and others.?
"Browse?296 market data Tables and?37 Figures spread through?221 Pages and in-depth TOC on?"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 - Global Forecast to 2028"