High Strength Laminated Adhesives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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High Strength Laminated Adhesives Market Analysis
The global high strength laminated adhesives market is expected to grow with a CAGR greater than 5% during the forecast period. One of the major factors driving the market is the growing demand from the packaging industry. However, environmental concerns regarding the disposal of harmful chemicals during manufacturing are hindering the growth of the market studied.
- Asia-Pacific is expected to account for the highest market share during the forecast period.
- Among the end-user industries, the packaging industry is likely to account for the highest market share during the forecast period.
High Strength Laminated Adhesives Market Trends
This section covers the major market trends shaping the High Strength Laminated Adhesives Market according to our research experts:
Packaging Industry to Dominate the Market
- Laminating adhesive products are used in stand-up pouches, wrappers, bags, films, primers, and ink binders.
- These products are formulated in order to meet the innovative needs in the flexible packaging industry. High-performance industrial laminating adhesives possesses multiple properties that can be customized to be used in a variety of applications ranging from solar films, sailcloth, flexible food-packaging applications that require high strength film to metal foil laminations.
- Moreover, these adhesives also offer a good wet ability and lower solvent residues that are suitable for high-solid, low viscosity, and high-speed dry composite processing technology.
- Hence, owing to the above-mentioned reasons, the packaging industry is likely to dominate the market studied during the forecast period.
Asia-Pacific to Dominate the Market
- The high strength laminated adhesives market in Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
- Within the Asia-Pacific region, the markets in China and India are anticipated to witness maximum year-over-year growth, across the forecast period.
- One of the major reasons driving this growth is the increasingly shifting preference of Middle-class families and other busy consumers from these countries towards packaged foods due to their offering of high quality and fresh foods.
- Additionally, there has been increasing demand for high strength laminated adhesives from the southeast Asian countries in the recent past for usage in applications like packaging, industrial, etc.
- Hence, owing to the above-mentioned factors, Asia-Pacific is expected to dominate the market studied during the forecast period.
High Strength Laminated Adhesives Industry Overview
The global high strength laminated adhesives market is moderately fragmented as majority of the market share is divided among many players. Some of the key players in the market include 3M, Henkel AG & Co. KGaA, Ashland, DuPont, and H.B. Fuller Company, among others.
High Strength Laminated Adhesives Market Leaders
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3M
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Henkel AG & Co. KGaA
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Ashland
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DuPont
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H.B. Fuller Company
*Disclaimer: Major Players sorted in no particular order
High Strength Laminated Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 High demand from packaging industry
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Environmental Concerns Regarding Disposal of Harmful Chemicals during Manufacturing
- 4.2.2 Other Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Technology
- 5.1.1 Water-borne
- 5.1.2 Solvent-based
- 5.1.3 Hot Melt
- 5.1.4 UV Curable
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5.2 Application
- 5.2.1 Packaging
- 5.2.2 Industrial
- 5.2.3 Automotive
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 ASEAN Countries
- 5.3.1.6 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema
- 6.4.3 Ashland
- 6.4.4 AVERY DENNISON CORPORATION
- 6.4.5 Daubert Chemical Company
- 6.4.6 DIC CORPORATION
- 6.4.7 DuPont
- 6.4.8 Franklin Adhesives & Polymers
- 6.4.9 Henkel AG & Co. KGaA
- 6.4.10 H.B. Fuller Company
- 6.4.11 MAPEI S.p.A
- 6.4.12 Toyo-Morton, Ltd.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityHigh Strength Laminated Adhesives Industry Segmentation
The high strength laminated adhesives market report includes:
Technology | Water-borne | |
Solvent-based | ||
Hot Melt | ||
UV Curable | ||
Application | Packaging | |
Industrial | ||
Automotive | ||
Other Applications | ||
Geography | Asia-Pacific | China |
India | ||
Japan | ||
South Korea | ||
ASEAN Countries | ||
Rest of Asia-Pacific | ||
Geography | North America | United States |
Canada | ||
Mexico | ||
Geography | Europe | Germany |
United Kingdom | ||
Italy | ||
France | ||
Rest of Europe | ||
Geography | South America | Brazil |
Argentina | ||
Rest of South America | ||
Geography | Middle-East and Africa | Saudi Arabia |
South Africa | ||
Rest of Middle-East and Africa |
High Strength Laminated Adhesives Market Research FAQs
What is the current High Strength Laminated Adhesives Market size?
The High Strength Laminated Adhesives Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in High Strength Laminated Adhesives Market?
3M, Henkel AG & Co. KGaA, Ashland, DuPont and H.B. Fuller Company are the major companies operating in the High Strength Laminated Adhesives Market.
Which is the fastest growing region in High Strength Laminated Adhesives Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in High Strength Laminated Adhesives Market?
In 2024, the Asia Pacific accounts for the largest market share in High Strength Laminated Adhesives Market.
What years does this High Strength Laminated Adhesives Market cover?
The report covers the High Strength Laminated Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the High Strength Laminated Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
High Strength Laminated Adhesives Industry Report
Statistics for the 2024 High Strength Laminated Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. High Strength Laminated Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.