Laminating Adhesives Market Diversified Industrial Manufacturer to Facilitate with Value Added Consumables and Specialty Equipment’s.
Laminating adhesives are designed for the hostile requirements of many industrial applications. These adhesives are widely used across various industries such as food and beverage, construction, automotive, wood and many others.
Initiation of many industries, such as flexible packaging and automobile, covered way to production of these adhesive laminate. Lamination solvent adhesives by types can be classified as solvent borne, solvent less, water borne, radiation curable and combination radiation curable.Laminate adhesives hold substrates together for lamination life and also perform functions which include flame resistance, increased or decreased gas permeability, thermoforming capability, electrical insulation and chemical and heat resistance.
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Scope & Regional Forecast of the Laminating Adhesives Market
Laminating Adhesives Market for flexible packaging and newer lamination adhesive systems are the new market growth. Laminates are used as a raw material by converters producing flexible packaging for consumer durables and pharmaceutical industries.
High capital cost and energy consumption is expected to hinder lamination adhesives market growth and posture challenges to industry participants.
Technological advancement & up gradation is expected to create lucrative opportunities for industry participants. Other developments like bio raw materials development and innovative adhesives techniques for building adhesives use in order to reduce costs are expected to create new avenues and yield opportunities to industry participants.
Increasing sealants & adhesives exports to America, Europe, Asia-Pacific and the rest of the world, depicts increasing demand. The innovation and new products with lesser cure time and higher bond strength is anticipated to be another strategy adapted by manufacturers in order to gain laminated adhesives market shares.
The multiple market players are expected to gain momentum in the coming phase with future investments in manufacturing lamination machine and re-engineering processes.
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Segmentations & Key Players Involved in the Laminating Adhesives Market
The Laminating Adhesives Market can be broken down into various segmentations on the basis of -
- Type: Solventless, Water base, Solvent base and others
- Application: Flexible Packaging, Industrial, Automotive and Others
- Geography: America, Europe, Asia-Pacific and Rest of the World
Some of the key players involved in the Laminating Adhesives Market are as follows:
- Henkel Corporation
- The Dow Chemical Company
- H.B. Fuller
- Arkema Company (Bostik)
- 3M company
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