Get In Touch

Laminating adhesives facilitate the bonding of a plastic film on the surface of a substrate by using heat and pressure to protect or improve the appearance of the object. The global laminating adhesives market can be segmented based on type and application. Three types of laminating adhesives are available in the market: solvent-based, solvent less, and water-based. Solvent-based adhesives comprise dissolving solid adhesive components such as resin, fillers, antifoaming agents, surfactants, and other performance-enhancing ingredients in a solvent liquid. Solvent less adhesives are applied at lower weight and can be used for commonly used substrates for packaging. These adhesives require lower energy during application; hence, they have lower carbon footprint. Water-based laminating adhesives consist of a combination of vinyl or acrylic latexes with water dispersed urethane resins containing ionic groups, compounded with aziridine or water dispersible isocyanates as an adhesion promoter or cross-linker to impart the properties of adhesiveness, heat resistance, and water resistance. 

Laminating adhesives are used in different applications such as flexible packaging, industrial, automotive, and others. Increase in awareness about product safety is boosting the demand for high end packaging materials globally. Laminating adhesives are used in packaging materials of snack food, confectionery, meat, cheese, agricultural chemicals, medical products, etc. Flexible packaging requires flexibility, printability, impermeability to water vapor, and permeability to carbon dioxide. The finishing of laminating adhesives on an automobile provides durability against the exterior environment. It also provides color and appearance attributes of texture, gloss, wet-look, and distinctness of image. Laminating adhesives are used in the interior trim of vehicles, display modules, frames, etc. in automotive applications. Industrial applications of laminating adhesives include coatings, plastics, wood board, and double coated tape.

Solvent-based adhesives are easy to apply; however, organic solvent-based laminate adhesives present problems during manufacturing the laminate and using it in sensitive packaging materials. Solvents have to be removed by evaporation if organic solvents such as toluene, acetone, ethyl acetate, etc. are used in solvent-based laminating adhesives. This evaporation causes air pollution. Its fumes are harmful to the health of individuals. Furthermore, traces of solvent still remain in laminate constructions made from solvent-based adhesives. These fumes can enter the packaged product and contaminate the material present inside. Implementation of stringent government regulations on the emission of volatile organic compounds in developed regions of the world is compelling users of solvent-based laminating adhesives to shift to water-based products. Therefore, water-based laminating adhesives are anticipated to be witnessing strong growth during the forecast period. The flexible packaging application segment dominated the global laminating adhesives market in 2016. This trend is expected to continue during the forecast period.

Rapid growth in end-user industries is expected to be the major factor driving the global laminating adhesives market during the forecast period. High capital investment and high energy consumption are the factors hampering the market. However, development of technology to address energy consumption is estimated to offer lucrative opportunities to the laminating adhesives market. Asia Pacific is anticipated to dominate the global laminating adhesives market during the forecast period due to the increase in demand for these adhesives in end-use applications. Rise in demand for flexible packaging in Asia Pacific indicates the high market potential in the region, especially in China and India. Key manufacturers operating in the global laminating adhesives market include Henkel Corporation, BASF SE, The Dow Chemical Company, Ashland, Inc., Bostik, H.B. Fuller, and Sun Chemical. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Laminating Adhesives Market

Pre Book