Packaging Adhesives Market is forecast to grow at a CAGR of 5.1% for the forecast period of 2018 to 2025 to an estimated value of USD 11.1 billion by 2025, from USD 801.1 million in 2017 with factors such as government regulations to reduce VOC and restriction on usage of some raw materials will restrict the growth of the market.
Moreover, increasing application scope from end-use and emerging markets will further boost various new opportunities that will fuel the growth of the packaging adhesives market in the above mentioned forecast period.
Packaging Adhesives Market Scenario
According to Data Bridge Market Research the packaging adhesives market in developing regions is witnessing a growth in terms of its adoption rate, due to increasing population and rising demand for hygienic food & clean water. New experiments and safety along with folding carton packaging have a maximum demand for the food and beverage industry are also anticipated to enhance the growth of packaging adhesives market in the forecast period of 2018 to 2025.
Now the question is which are the regions that packaging adhesives market players should target? Data Bridge Market Research has forecasted large growth in North America because of rising technological developments, increase in the usage of bio-based raw materials and introduction of innovative techniques.
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Packaging Adhesives Market Development
- In June 2019, Henkel had launched its new adhesive solution named Loctite Liofol LA 2798 for high-performance packaging, which can be combined with different hardeners for sterilization processes, hostile filling good and hot filling processes. This product launch will help to enhance the product portfolio of the company.
Packaging Adhesives Market Scope
Packaging adhesives market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.
- All country based analysis of the packaging adhesives market is further analyzed based on maximum granularity into further segmentation. Based on type, the global packaging adhesives market is segmented into polyvinyl pyrrolidone, cellulose, polyurethane, polychloroprene, polyvinyl alcohol& polyvinyl acetate, and others. On the basis of formulating technology, the global packaging adhesives market is segmented into hot melt, water based, solvent based, reactive, and other. On the basis of application, the global packaging adhesives market is classified into labeling; folding carton corrugated converting, flexible packaging, envelopes, bags, and others. On the basis of end user, the global packaging adhesives market is segmented into retailers, manufacturing of consumer goods, packagers, and others.
- Packaging adhesives are prepared from different raw materials counting acrylic resins, PVAC, PU, styrene blocks, epoxy compounds, EVA, and silicones. Some of major applications in the packaging adhesives consist of non-rigid bonding in flexible packing, textiles and structural usage for assembly operations to give high bonding strength.
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Key Pointers Covered in the Packaging Adhesives Market Industry Trends and Forecast to 2025
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- Jowat AG
- Wacker HB Fuller
- Bostik
- 3M
- SIKA
- Paramelt B.V
- Chemie AG
- Avery Dennison
- Ashland
- Dymax
- Robatech
- Jowat Canada Inc
- Henkel AG & Co
- Sapson Packaging
- Hindustan Adhesives limited
- Jonson Tapes
- Sun pack
- Balaji Packaging
Above are the key players covered in the report, to know about more and exhaustive list of packaging adhesives companies, contact us https://www.databridgemarketresearch.com/ko/toc/?dbmr=global-packaging-adhesives-market
Research Methodology of Global Packaging Adhesives Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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