Research and Markets: Laminating Adhesives Market to 2019 - Solventborne, Solventless, Waterborne & Others
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/95rvpv/laminating) has announced the addition of the "Laminating Adhesives Market by Type, by Application, by Region - Global Forecast to 2019" report to their offering.
“Laminating Adhesives Market by Type, by Application, by Region - Global Forecast to 2019”
The global laminating adhesive market was estimated to be is $1,357 million in 2013, and is projected to reach $2,242.7 million by 2019, growing at a CAGR of 8.8% between 2014 and 2019
The global laminating adhesive market, along with its end products, has witnessed an intense growth in the past few years. This growth is estimated to continue in the coming years. High demand for laminating adhesive from end-user industry from the emerging economies, such as China, Japan, and India are the major drivers as per the current market dynamics. Also, such demand is backed by newer applications. The upcoming technological advancements, bio-raw material developments, and innovative techniques developed for the use of laminating adhesive will be the key influencing factors for the global market, with increased emphasis on the current cost and their applications.
Currently, Asia-Pacific is the largest consumer of laminating adhesive. Among all the countries in this region, China and India are important consumers of laminating adhesive. China held the largest share in the regional consumption in terms of volume in 2013. The market size in terms of volume is comparatively low in the RoW, but is estimated to have a developing CAGR between 2014 and 2019.
Almost 74% of the total laminating adhesive demand in 2013 was for the production of flexible packaging end-users. This was due to the increasing end-user demand for flexible packaging for the food and the pharmaceutical industries.
Asia-Pacific and European regions are the most active markets in terms of strategic initiatives, owing to their emerging and mature market demands, respectively. The superior end-user industry growth, amplified local manufacturing, and increased number of domestic players in vertical market segments, such as flexible packaging, industrial applications, and automotive applications in the Asia-Pacific region can be the important drivers in terms of consumption of the laminating adhesive.
Scope of the report
On the basis of applications:
- Flexible Packaging
- Consumer Durables
- Insulations Products
- Window Films
- Wires & Cables
- Automotive Applications
- Ashland Inc.
- Flint Group
- H.B. Fuller
- L.D. Davis
- The 3M Company
- The Dow Chemical Company
- Vimasco Corporation
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