San
Francisco, 08 January, Packaging Adhesives Market Analysis By Technology (Water
Based, Solvent-Based, Hot Melt), By Application (Flexible Packaging, Folding
Cartons, Case & Carton, Labeling), By Region, And Segment Forecasts, 2018 -
2025
The global packaging adhesives market is expected to reach USD
10.11 billion by 2025, according to a new report by Grand View Research, Inc.
The growing usage of packaging adhesives in flexible packaging, paper &
board packaging, and rigid packaging is anticipated to strengthen the market
growth.
Increasing demand for packaged
food products and organized retailing has resulted in heightened demand for
folding cartons. In an attempt to lure more consumers, food vendors are
offering products with longer shelf life, which come in an attractive packaging.
Folding carton packaging is witnessing maximum demand from the food and
beverage industry.
The rising demand for labeling
is expected to spur the market growth of application segment over the forecast
period. Labeling adhesives application ensure reliable bonding properties on
various surfaces for different machines. This is expected to boost the market
growth over the forecast period.
Asia Pacific is anticipated to
be a key consumer of packaging adhesives over the forecast period owing to
numerous technological innovations such as the hot-melt technology, which is
designed to enhance the productivity of packaging adhesives. The key industry
participants are also involved in the development of innovative adhesive
products through R&D and technical expertise, which in turn is expected to
drive the industrial adhesive solutions.
Access Full Research
Report On Packaging Adhesives Market Analysis:
Further key findings from the report suggest:
·
The global packaging adhesives
market was valued at USD 6.28 billion in 2016 and expected to progress at a
CAGR of 4.5% from 2017 to 2025
·
Water-based technology dominated
the market in 2016 followed by solvent-based
·
Flexible packaging was the
largest application segment in 2016 and the trend is expected to continue over
the forecast period. The segment is expected to register 5.0% CAGR over the
coming years.
·
Asia Pacific is anticipated to
be the fastest-growing segment at a predicted CAGR of 6.0% from 2017 to 2025
·
Increasing demand from the food
and beverages industries is projected to drive the Asia Pacific regional market
·
In February 2017, DAP
introduced a new innovative line of packaging adhesives products. This new
product line includes solvent, high-performance latex, and new cutting-edge
hybrid systems
·
Some of the major players in
the industry include H.B. Fuller, 3M Company, Sika AG, The DOW Chemical
Company, Bostik SA (An Arkema Company), Henkel AG & Co. KGaA, Royal
Adhesives & Sealants, Jowat SE, Dymax Corporation, and Avery Dennison
Corporation.
Browse More Reports Of
This Category By Grand View Research At:
www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the
global packaging adhesive market on the basis of technology, application, and region:
Technology Outlook (Volume,
Kilotons; Revenue, USD Million; 2014 - 2025)
·
Water-based
·
Solvent-based
·
Hot Melt
·
Others
Application Outlook (Volume,
Kilotons; Revenue, USD Million; 2014 - 2025)
·
Flexible Packaging
·
Folding Carton
·
Case & Carton
·
Labeling
·
Others
Regional Outlook (Volume,
Kilotons; Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
o
France
·
Asia Pacific
o
China
o
Japan
o
India
·
Middle East & Africa
·
Central & South America
Access Full Press Release of this Report:
About Grand View
Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
