Press release
Solvent-based Laminating Adhesive Market is booming worldwide growth, driven by growing demand for flexible packaging
According to the report, the global solvent-based laminating adhesive market size was valued at $1,412.5 million in 2022, and is anticipated to generate $2,599.3 million by 2032, witnessing a CAGR of 6.3% from 2023 to 2032. The increasing demand for flexible packaging solutions, driven by evolving consumer preferences and sustainability initiatives, is a key factor boosting the rising prominence of solvent-based laminating adhesives in various industries.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/277619
Additionally, the surge in the food and beverage sector, coupled with the adhesive's robust bonding properties and adaptability to diverse packaging formats, is boosting the growth of the solvent-based laminating adhesive market. However, fluctuations in raw material prices, including solvents and chemical components, are anticipated to hamper market growth during the forecast period. On the other hand, the rising emphasis on eco-friendly and sustainable packaging solutions, coupled with continuous research and development efforts by industry players to identify cost-effective materials are expected to unlock growth opportunities in the solvent-based laminating adhesive market.
The Polyethylene Terephthalate (PET) sub-segment dominated the global solvent-based laminating adhesive market share in 2022, holding a major share of 52.7%. The sub-segment is expected to observe significant growth by 2032. This growth is mainly because of the increasing demand for Polyethylene Terephthalate (PET) within the packaging industry due to its versatility and thermoplastic properties, which are majorly contributing to the rising popularity of solvent-based laminating adhesives.
The food packaging sub-segment dominated the market in 2022, holding a major share of 47.0%. This dominance is expected to continue till 2032, growing with a CAGR of 6.7%. This growth is mainly due to the increasing demand for efficiently packaged food products, with consumers favoring convenient and modern packaging solutions, thus driving the adoption of solvent-based laminating adhesives.
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The Asia-Pacific region dominated the global solvent-based laminating adhesive market in 2022, holding a major share of 42.0%. This is mainly due to the continuous industrial expansion, driving an increasing demand for reliable and effective adhesive solutions across diverse sectors such as automotive, electronics, and textiles.
Leading Players in the Solvent-based Laminating Adhesive Market:
Flint Group
Henkel Corporation
Dow Chemical Company
Morchem
3M
H.B. Fuller
COIM Group
Arkema Group
Evonik Industries
Ashland
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/277619
The report provides a detailed analysis of the key players of the global Solvent-based laminating adhesive market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Browse Full Report Summary:
https://www.alliedmarketresearch.com/solvent-based-laminating-adhesive-market-A277125
Solvent-based Laminating Adhesive Market By Material
Polyethylene Terephthalate (PET)
Others
Solvent-based Laminating Adhesive Market By Application
Food Packaging
Medical and Healthcare
Cosmetic Products
Others
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Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/277619
Additionally, the surge in the food and beverage sector, coupled with the adhesive's robust bonding properties and adaptability to diverse packaging formats, is boosting the growth of the solvent-based laminating adhesive market. However, fluctuations in raw material prices, including solvents and chemical components, are anticipated to hamper market growth during the forecast period. On the other hand, the rising emphasis on eco-friendly and sustainable packaging solutions, coupled with continuous research and development efforts by industry players to identify cost-effective materials are expected to unlock growth opportunities in the solvent-based laminating adhesive market.
The Polyethylene Terephthalate (PET) sub-segment dominated the global solvent-based laminating adhesive market share in 2022, holding a major share of 52.7%. The sub-segment is expected to observe significant growth by 2032. This growth is mainly because of the increasing demand for Polyethylene Terephthalate (PET) within the packaging industry due to its versatility and thermoplastic properties, which are majorly contributing to the rising popularity of solvent-based laminating adhesives.
The food packaging sub-segment dominated the market in 2022, holding a major share of 47.0%. This dominance is expected to continue till 2032, growing with a CAGR of 6.7%. This growth is mainly due to the increasing demand for efficiently packaged food products, with consumers favoring convenient and modern packaging solutions, thus driving the adoption of solvent-based laminating adhesives.
Inquire Before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/A277125
The Asia-Pacific region dominated the global solvent-based laminating adhesive market in 2022, holding a major share of 42.0%. This is mainly due to the continuous industrial expansion, driving an increasing demand for reliable and effective adhesive solutions across diverse sectors such as automotive, electronics, and textiles.
Leading Players in the Solvent-based Laminating Adhesive Market:
Flint Group
Henkel Corporation
Dow Chemical Company
Morchem
3M
H.B. Fuller
COIM Group
Arkema Group
Evonik Industries
Ashland
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/277619
The report provides a detailed analysis of the key players of the global Solvent-based laminating adhesive market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Browse Full Report Summary:
https://www.alliedmarketresearch.com/solvent-based-laminating-adhesive-market-A277125
Solvent-based Laminating Adhesive Market By Material
Polyethylene Terephthalate (PET)
Others
Solvent-based Laminating Adhesive Market By Application
Food Packaging
Medical and Healthcare
Cosmetic Products
Others
Related Links
Acrylic Acid Market Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/acrylic-acid-market
UV Curable Ink Market: Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/uv-curable-inks-market
Polymer Foam Market Global Opportunity Analysis and Industry Forecast, 2020-2027
https://www.alliedmarketresearch.com/polymer-foam-market
Construction Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/construction-chemicals-market
Catalyst Market: Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/catalysts-market
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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