Market Size of High Strength Laminated Adhesives Industry
| 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 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 | ||||||||
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High Strength Laminated Adhesives Market Size Summary
The high strength laminated adhesives market is poised for significant growth, driven primarily by the increasing demand from the packaging industry. These adhesives are essential in creating durable and flexible packaging solutions, such as stand-up pouches and films, which are crucial for modern packaging needs. Despite the promising growth trajectory, the market faces challenges due to environmental concerns related to the disposal of harmful chemicals used in the manufacturing process. The Asia-Pacific region is expected to lead the market, with China and India showing particularly strong growth, fueled by a rising preference for packaged foods among middle-class families and busy consumers.
The market landscape is moderately fragmented, with numerous players sharing the market share. Key companies such as 3M, Henkel AG & Co. KGaA, Ashland, DuPont, and H.B. Fuller Company are prominent in this space, contributing to the competitive dynamics. The demand for high strength laminated adhesives is also on the rise in Southeast Asian countries, driven by their application in various sectors, including packaging and industrial uses. This regional growth, coupled with the versatile applications of these adhesives, underscores the Asia-Pacific region's dominance in the market during the forecast period.
High Strength Laminated Adhesives Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 High demand from packaging industry
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1.1.2 Other Drivers
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1.2 Restraints
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1.2.1 Environmental Concerns Regarding Disposal of Harmful Chemicals during Manufacturing
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1.2.2 Other Restraints
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1.3 Industry Value-chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Technology
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2.1.1 Water-borne
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2.1.2 Solvent-based
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2.1.3 Hot Melt
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2.1.4 UV Curable
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2.2 Application
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2.2.1 Packaging
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2.2.2 Industrial
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2.2.3 Automotive
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2.2.4 Other Applications
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 ASEAN Countries
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2.3.1.6 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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High Strength Laminated Adhesives Market Size 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.
