Market Overview:
The global heat seal coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heat seal coatings from blister packaging and flexible packaging applications. In terms of type, the water based segment is expected to witness higher growth than the solvent based segment during the forecast period. This can be attributed to environmental concerns over VOC emissions from solvent based coatings and their harmful effects on human health and environment.
Product Definition:
Heat seal coatings are a thin film of coating that is applied to the surface of material that is to be heat sealed. The purpose of the heat seal coating is to create a smooth, consistent surface that will allow for a good seal when the two materials are heated.
Water Based:
Water-based sealers are used to coat both rigid and flexible substrates, including metal, plastic, paper & composite materials. They can be utilized for hot melt as well as solvent based applications. The product is a transparent liquid that has low Volatile Organic Compounds (VOC) content and exhibits an odor similar to that of paint thinner or printing ink.
Solvent Based:
Solvent-based coatings are widely used in the food packaging industry owing to their high performance and low cost. The growing demand for innovative, sustainable, and environment-friendly packaging solutions is expected to drive the market over the forecast period. Solvent based coatings offer excellent moisture barrier properties which make them suitable for use in flexible packaging applications including pouches & bags, laminates & trays, labels & tags as well as rigid packages such as cartons & boxes.
Application Insights:
Blister packaging was the leading application segment in 2015 and is expected to maintain its dominance over the forecast period. The product demand for blister packaging is anticipated to witness a CAGR of XX% from 2016 to 2030 owing to increasing demand for high-quality sealants in electronics assembly applications.
Heat seal coatings are also used extensively in flexible packaging applications as they offer superior performance, strength and durability at an economical price point. The Asia Pacific region is likely to exhibit strong growth on account of rising demand for food & beverage products across China, India, Indonesia Malaysia Philippines Singapore Thailand Vietnam and other ASEAN countries.
Regional Analysis:
North America was the leading revenue contributor in 2017. The region is expected to witness a considerable CAGR over the forecast period owing to rising demand from various end-use industries, such as food & beverage and pharmaceutical. In addition, growing consumer awareness regarding health and hygiene is anticipated to drive product demand in North America.
Asia Pacific emerged as a promising regional market for heat seal coatings in 2017 owing to rapid industrialization along with increasing foreign investments especially in China and India. Growing population coupled with rising disposable income will boost the growth of this industry over the forecast period. Furthermore, government initiatives encouraging domestic manufacturing are likely to support regional growth trends over the next eight years or so The Middle East & Africa has been identified by Paints International magazine as one of their emerging regions for business expansion across Central & South Africa (CSA) and Middle East countries including Saudi Arabia, UAE.
Growth Factors:
- Increasing demand from end-use industries such as food, beverage, and pharmaceuticals
- Rising awareness about the benefits of heat seal coatings among consumers
- Technological advancements in the production of heat seal coatings
- Growing popularity of flexible packaging formats
- Rising demand for eco-friendly and sustainable packaging solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Seal Coatings Market Research Report
By Type
Water Based, Solvent Based
By Application
Blister Packaging, Flexible Packaging
By Companies
Michelman, Dow, Bostik, Mica-Corp, Roymal, Henkel, Nelipak, Sierra Coating, Paramelt, Michelman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Heat Seal Coatings Market Report Segments:
The global Heat Seal Coatings market is segmented on the basis of:
Types
Water Based, Solvent Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Blister Packaging, Flexible Packaging
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Michelman
- Dow
- Bostik
- Mica-Corp
- Roymal
- Henkel
- Nelipak
- Sierra Coating
- Paramelt
- Michelman
Highlights of The Heat Seal Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water Based
- Solvent Based
- By Application:
- Blister Packaging
- Flexible Packaging
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Seal Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat seal coatings are a type of coating that is used to protect objects from the elements. The coating is applied to the object and then heated, which causes the coating to become a seal against moisture and air. This makes it difficult for water or dirt to get inside the object, which can protect it from damage.
Some of the key players operating in the heat seal coatings market are Michelman, Dow, Bostik, Mica-Corp, Roymal, Henkel, Nelipak, Sierra Coating, Paramelt, Michelman.
The heat seal coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Seal Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Seal Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Seal Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Seal Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Seal Coatings Market Size & Forecast, 2018-2028
4.5.1 Heat Seal Coatings Market Size and Y-o-Y Growth
4.5.2 Heat Seal Coatings Market Absolute $ Opportunity
Chapter 5 Global Heat Seal Coatings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Heat Seal Coatings Market Size Forecast by Type
5.2.1 Water Based
5.2.2 Solvent Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Seal Coatings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Heat Seal Coatings Market Size Forecast by Applications
6.2.1 Blister Packaging
6.2.2 Flexible Packaging
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Seal Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Seal Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Heat Seal Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Heat Seal Coatings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Heat Seal Coatings Market Size Forecast by Type
9.6.1 Water Based
9.6.2 Solvent Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Heat Seal Coatings Market Size Forecast by Applications
9.10.1 Blister Packaging
9.10.2 Flexible Packaging
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Heat Seal Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Seal Coatings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Heat Seal Coatings Market Size Forecast by Type
10.6.1 Water Based
10.6.2 Solvent Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Heat Seal Coatings Market Size Forecast by Applications
10.10.1 Blister Packaging
10.10.2 Flexible Packaging
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Heat Seal Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Seal Coatings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Heat Seal Coatings Market Size Forecast by Type
11.6.1 Water Based
11.6.2 Solvent Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Heat Seal Coatings Market Size Forecast by Applications
11.10.1 Blister Packaging
11.10.2 Flexible Packaging
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Heat Seal Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Seal Coatings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Heat Seal Coatings Market Size Forecast by Type
12.6.1 Water Based
12.6.2 Solvent Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Heat Seal Coatings Market Size Forecast by Applications
12.10.1 Blister Packaging
12.10.2 Flexible Packaging
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Heat Seal Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Seal Coatings Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Heat Seal Coatings Market Size Forecast by Type
13.6.1 Water Based
13.6.2 Solvent Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Heat Seal Coatings Market Size Forecast by Applications
13.10.1 Blister Packaging
13.10.2 Flexible Packaging
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Seal Coatings Market: Competitive Dashboard
14.2 Global Heat Seal Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Michelman
14.3.2 Dow
14.3.3 Bostik
14.3.4 Mica-Corp
14.3.5 Roymal
14.3.6 Henkel
14.3.7 Nelipak
14.3.8 Sierra Coating
14.3.9 Paramelt
14.3.10 Michelman
