Packaging Adhesives Market – Analysis, Trends & Forecasts to 2025

The global packaging adhesives market is expected to reach USD 10.11 billion by 2025, according to a new report. 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.

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

Companies Mentioned

  • H.B. Fuller
  • 3M Company
  • Sika AG
  • The DOW Chemical Company
  • Bostik SA (Arkema Group)
  • Henkel AG & Company, KGaA
  • DAP Products, Inc.
  • Franklin International, Inc.
  • Illinois Tool Works Inc.
  • Avery Dennison Corporation

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Packaging Adhesives Market Variables, Trends and Scope

Chapter 4 Packaging Adhesives Market: Technology Estimates and Trend Analysis

Chapter 5 Packaging Adhesives Market: Application Estimates and Trend Analysis

Chapter 6 Packaging Adhesives Market: Regional Estimates and Trend Analysis

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/wz8jz8/packaging

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SOURCE Research and Markets

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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