- Polyurethane
- Acrylic
- Others
Laminating Adhesives Market size was valued at USD 3,729.3 Million in 2023 and is poised to grow at a CAGR of 4.4% from 2024-2030. The laminating adhesives market is a rapidly growing sector refers to the global industry that produces and distributes adhesives used in the lamination process. Laminating adhesives are specialised adhesives made for joining two or more surfaces to form composite materials. To create laminated goods with improved qualities and performance, several industries regularly employ this procedure. Applications for laminating adhesives are numerous and include flexible packaging, labels, tapes, graphic films, automobile interiors, building supplies, and more. They provide advantages such as better strength, resistance to chemicals and moisture, superior aesthetics, and improved product longevity. The laminating adhesives market is primarily driven by the increasing demand for flexible packaging solutions in various industries, such as food and beverage, pharmaceuticals, and consumer goods.
Moreover, the growth of urbanization and infrastructure development projects worldwide is creating demand for laminating adhesives in construction materials like laminated panels, decorative laminates, and laminated flooring, stimulating the laminating adhesives market growth. Furthermore, rising trend towards solevent-free laminating adhesives provide a substantial opportunity for the growth and development of the laminating adhesives market. However, the use of certain types of laminating adhesives, such as solvent-based adhesives, may be restricted or regulated due to their high volatile organic compound (VOC) content. This can limit their adoption in certain regions or industries that prioritize environmentally friendly practices. Key manufacturers are continuously developing sustainable and innovative adhesive solutions that are essential for the growth and success of the laminating adhesives Market. For instance, in June 2020, Bostik launched solvent-free HERBERTS™ 700 product series of high-performance, sustainable, flexible lamination solutions for food packaging, industrial and medical markets in the Asia Pacific region.
Laminating Adhesives Market Key Developments:
- In June 2022, Toyo-Morton launched their new laminating adhesives, free of epoxy silanes and organic tin compounds, for Flexible Packaging.
- In July 2022, Toyo-Morton Ltd., a member of the Toyo Ink Group, has developed bio-based laminating adhesive.
- In November 2019, Avery Dennison Performance Tapes launched its Lamination Adhesives Portfolio, which enables durable labels to maintain critical product messaging over an item’s lifetime.
Laminating Adhesives Market Summary
Study Period
2024-2030Base Year
2023CAGR
4.4%Largest Market
Asia PacificFastest Growing Market
North AmericaLaminating Adhesives Market Dynamics
The advancements in construction and automotive industries is majorly driving the laminating adhesives market. The construction and automotive sectors extensively use laminated materials for soundproofing, thermal insulation, and improved aesthetics. The need for high-performance laminating adhesives in these industries is contributing to the growth of the laminating adhesives market. Moreover, ongoing research and development efforts in the adhesive industry have resulted in the introduction of innovative laminating adhesives with improved properties, such as faster curing times, higher adhesion strength, and enhanced chemical resistance. Furthermore, manufacturers are developing bio-based laminating adhesives to comply with stringent environmental regulations. These advancements drive the laminating adhesives market growth by meeting the evolving needs of end-users.
Asia-Pacific Got Significant Share
Laminating Adhesives Market Regional Analysis
Laminating adhesives market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific laminating adhesives market is anticipated to dominate in the forecasting years primarily due to the rapid industrialization urbanization, and increasing disposable income. Countries like China, India, and South Korea are major contributors to the market, with rising demand for rising demand from the numerous end- use industries. On the other hand North America is also witnessing significant growth owing to the increasing awareness about environmental sustainability and supportive government policies. Countries like United States and Canada, is a significant market for laminating adhesives due to the presence of numorous adhesive manufacturers.
Latin America
Europe
Asia Pacific
Middle East
North America
Laminating Adhesives Market Segmentation
By Resin Type
By Product Type
- Solvent-Borne
- Water-Borne
- Solvent-Less
- Others
By Application
- Packaging
- Industrial
- Transportation
- Other Applications
Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
Laminating adhesives market was valued at USD 3,729.3 Million in 2023 and is anticipated to grow at a CAGR of 4.4 % over 2024-2030.
Growing demand for high-performance adhesives, demand for sustainable solutions and technological advancements and product innovation are some of the factors that create potential opportunities for the growth of the laminating adhesives market.
The increased adoption of flexible packaging and development of bio-based adhesives and solvent-free formulations are some of the major trends in the laminating adhesives market.
3M Company, Ashland Global Specialty Chemicals Inc., Bostik SA (Arkema S.A), Coim Group, DIC Corporation, Dow Inc., DuPont de Nemours Inc., Evonik Industries AG, Flint Group, H.B. Fuller Company, Henkel AG & Co. KGaA, L.D. Davis Industries Inc., Sika AG, Vimasco Corporation., Uflex are a few companies operating in laminating adhesives market.
Key Features of the Report
- The laminating adhesives market report provides granular level information about the market size, regional market share, historic market (2019-2023)and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
| 1.Executive Summary |
| 2.Global Laminating Adhesives Market Introduction |
| 2.1.Global Laminating Adhesives Market - Taxonomy |
| 2.2.Global Laminating Adhesives Market - Definitions |
| 2.2.1.Resin Type |
| 2.2.2.Product Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Laminating Adhesives Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Laminating Adhesives Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Laminating Adhesives Market By Resin Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Polyurethane |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Acrylic |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Others |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Laminating Adhesives Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Solvent-Borne |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Water-Borne |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Solvent-Less |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Laminating Adhesives Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Packaging |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Industrial |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Transportation |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Other Applications |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Laminating Adhesives Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Laminating Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Polyurethane |
| 9.1.2.Acrylic |
| 9.1.3.Others |
| 9.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Solvent-Borne |
| 9.2.2.Water-Borne |
| 9.2.3.Solvent-Less |
| 9.2.4.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Packaging |
| 9.3.2.Industrial |
| 9.3.3.Transportation |
| 9.3.4.Other Applications |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Laminating Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Polyurethane |
| 10.1.2.Acrylic |
| 10.1.3.Others |
| 10.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Solvent-Borne |
| 10.2.2.Water-Borne |
| 10.2.3.Solvent-Less |
| 10.2.4.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Packaging |
| 10.3.2.Industrial |
| 10.3.3.Transportation |
| 10.3.4.Other Applications |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Laminating Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Polyurethane |
| 11.1.2.Acrylic |
| 11.1.3.Others |
| 11.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Solvent-Borne |
| 11.2.2.Water-Borne |
| 11.2.3.Solvent-Less |
| 11.2.4.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Packaging |
| 11.3.2.Industrial |
| 11.3.3.Transportation |
| 11.3.4.Other Applications |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Laminating Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Polyurethane |
| 12.1.2.Acrylic |
| 12.1.3.Others |
| 12.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Solvent-Borne |
| 12.2.2.Water-Borne |
| 12.2.3.Solvent-Less |
| 12.2.4.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Packaging |
| 12.3.2.Industrial |
| 12.3.3.Transportation |
| 12.3.4.Other Applications |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Laminating Adhesives Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Resin Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Polyurethane |
| 13.1.2.Acrylic |
| 13.1.3.Others |
| 13.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Solvent-Borne |
| 13.2.2.Water-Borne |
| 13.2.3.Solvent-Less |
| 13.2.4.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Packaging |
| 13.3.2.Industrial |
| 13.3.3.Transportation |
| 13.3.4.Other Applications |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.3M Company |
| 14.2.2.Ashland Global Specialty Chemicals Inc. |
| 14.2.3.Bostik SA |
| 14.2.4.Arkema S.A |
| 14.2.5.Coim Group |
| 14.2.6.DIC Corporation |
| 14.2.7.Dow Inc. |
| 14.2.8.DuPont de Nemours Inc. |
| 14.2.9.Evonik Industries AG |
| 14.2.10.Flint Group |
| 14.2.11.H.B. Fuller Company |
| 14.2.12.Henkel AG & Co. KGaA |
| 14.2.13.L.D. Davis Industries Inc. |
| 14.2.14.Sika AG |
| 14.2.15.Vimasco Corporation. |
| 14.2.16.Uflex |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- 3M Company
- Ashland Global Specialty Chemicals Inc.
- Bostik SA
- Arkema S.A
- Coim Group
- DIC Corporation
- Dow Inc.
- DuPont de Nemours Inc.
- Evonik Industries AG
- Flint Group
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- L.D. Davis Industries Inc.
- Sika AG
- Vimasco Corporation.
- Uflex