Overview and Scope
The laminating adhesives market consists of sales of laminating adhesives by entities (organizations, sole traders, and partnerships) that are used to produce films with new functions by laminating different films and for joining and assembling different material surfaces. Laminating adhesives help in bonding a plastic film to the surface of a substrate by using heat and pressure to protect or enhance the appearance of the object and are widely used in transportation, packaging, industrial settings, and flexible packaging for food, medicines, medical supplies, and more.
Sizing and Forecast
The laminating adhesives market size has grown rapidly in recent years. It will grow from $2.72 billion in 2024 to $3 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to packaging industry growth, food and beverage packaging, e-commerce boom, sustainable packaging, agricultural industry.
The laminating adhesives market size is expected to see rapid growth in the next few years. It will grow to $4.58 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to pharmaceutical growth, renewable energy, construction and building materials, automotive sector, woodworking industry. Major trends in the forecast period include biodegradable packaging, digital printing compatibility, smart packaging materials, eco-friendly adhesives, pharmaceutical serialization.
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Segmentation & Regional Insights
The laminating adhesives market covered in this report is segmented –
1) By Resin Type: Polyurethane, Acrylic, Other Resin Types
2) By Technology: Solvent-Based, Solvent-Less, Water-Based, Other Technologies
3) By Application: Automotive, Industrial Application, Packaging, Medical, Food, Other Applications
Top 5 Major Players:
Asia-Pacific was the largest region in the laminating adhesives market in 2024. Asia-Pacific is expected to be the fastest-growing region in the laminating adhesives market share during the forecast period. The regions covered in the laminating adhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The laminating adhesives market is expected to benefit from growth in the automobile industry during the forecast period. Laminating adhesives are used in structural, holding, and sealing applications in automobiles, including applications in door panels, inserts, and armrests, load floors, seat back panels, and headliners. For instance, the global motor vehicle market is expected to increase from $2,115.1 billion in 2020 to $3,231.0 billion in 2025. Thus, increased use of lamination adhesives in automobiles is expected to propel the market during the forecast period.
Key Industry Players
Major companies operating in the laminating adhesives market include Henkel AG & Co., Ashland Global Specialty Chemicals Inc., BASF SE, Bostik, DuPont de Nemours Inc., Evonik Industries AG, H.B. Fuller Company, Merck KGaA, Morchem SA, Sika AG, Sun Chemical, 3M Company, The Dow Chemical Company, DIC Corporation, Minnesota Mining and Manufacturing Company, Adhesive Films Inc., Avery Dennison Corporation, Coim Group, Dow Inc., Drytac Corporation, Franklin International, Huntsman Corporation, Illinois Tool Works Inc., Jowat SE, Konishi Co. Ltd., Lintec Corporation, Lohmann Adhesive Tape Group, Master Bond Inc., Nitta Corporation, Paramelt B.V., SABA Dinxperlo B.V., Scapa Group plc, Toyo-Morton Ltd., Valspar Corporation, Vibac Group S.p.A., Vimasco Corporation
The laminating adhesives market report table of contents includes:
1. Executive Summary
2. Laminating Adhesives Market Characteristics
3. Laminating Adhesives Market Trends And Strategies
4. Laminating Adhesives Market – Macro Economic Scenario
5. Global Laminating Adhesives Market Size and Growth
……
31. Global Laminating Adhesives Market Competitive Benchmarking
32. Global Laminating Adhesives Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Laminating Adhesives Market
34. Laminating Adhesives Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Laminating Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Laminating Adhesives Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Laminating Adhesives Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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