Market Overview:
The global solvent-free laminating adhesives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solvent-free laminating adhesives in food packaging and medical packaging applications. In terms of type, the 2-component segment is expected to lead the global solvent-free laminating adhesives market during the forecast period. This can be attributed to its properties such as high bonding strength and chemical resistance.
Product Definition:
A solvent-free adhesive is an adhesive that does not use any solvents in its formulation. This type of adhesive is often used in laminating applications, as it does not produce any harmful fumes or vapors. Solvent-free adhesives are also less likely to cause damage to the surface being laminated.
2-Component:
2-component, it’s usage and growth factor in solvent-free laminating adhesives market is expected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to factors such as increasing demand for laminates and mattresses from the automotive industry coupled with growing construction activities across the globe.
Other:
Other is a generic name for any organic compound that can be perceived by the human sense of smell but is not classified as an essential olefin. Other includes alcohols, ketones, esters and their derivatives such as acetone and methyl ethyl ketone (MEK). Other also includes natural products such as terpenes. The most common other compounds are MEK, acetone and methyl ethyl ketone (MEK).
Application Insights:
The demand for solvent-free laminating adhesives in food packaging is expected to reach USD 281.0 million by 2030 on account of the growing trend towards sustainable packaging solutions and increasing concerns regarding health issues associated with food contact materials, such as Bisphenol A (BPA), polycarbonate and phthalate esters.
Furthermore, the rising demand for organic foods across various regions coupled with stringent regulations pertaining to agricultural chemicals in Europe is anticipated to drive growth over the forecast period. In addition, shifting consumer preference towards natural dietary supplements owing to health benefits associated with natural ingredients is projected to boost product demand over the next eight years.
Solvent-free laminating adhesives are used extensively in medical applications owing to properties including heat resistance up till 180°C/356°F as well as chemical resistance against solvents such as alcohols, oils.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for food packaging and growing medical sector in China, India, South Korea, Taiwan and other countries. Asia Pacific was followed by North America which accounted for 24% of global market share in 2017 owing to rising product demand from various end-use industries including automotive & transportation; consumer goods; electronics & appliances; healthcare & medicine coupled with stringent regulations regarding environmental protection is anticipated to drive industry expansion over the next eight years.
Europe also held a significant revenue share in 2017 due to high acceptance of advanced products as well as increased R&D activities by key players focused on development of new types of adhesives that meet customer requirements better than existing ones. Moreover, presence of numerous solvent-free laminating adhesive manufacturers coupled with high level technical expertise related with production process will boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for solvent-free laminating adhesives from the packaging industry on account of its environmental benefits.
- Rising demand for solvent-free laminating adhesives in the construction industry as a result of growing awareness about the health hazards associated with solvents.
- Growing popularity of solvent-free laminating adhesives in end-use applications such as automotive, aerospace, and marine due to their superior performance characteristics over traditional adhesive technologies.
- Technological advancements that have led to the development of novel and more efficient solvent-free laminating adhesive formulations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent-free Laminating Adhesives Market Research Report
By Type
2-Component, Other
By Application
Food Packaging, Medical Packaging, Other
By Companies
Ashland, Dow, Songwon, Bostik, Morchem, ACTEGA, TOYOCHEM, Henkel, Ashland
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Solvent-free Laminating Adhesives Market Report Segments:
The global Solvent-free Laminating Adhesives market is segmented on the basis of:
Types
2-Component, Other
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
Food Packaging, Medical Packaging, Other
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:
- Ashland
- Dow
- Songwon
- Bostik
- Morchem
- ACTEGA
- TOYOCHEM
- Henkel
- Ashland
Highlights of The Solvent-free Laminating Adhesives 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:
- 2-Component
- Other
- By Application:
- Food Packaging
- Medical Packaging
- Other
- 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 Solvent-free Laminating Adhesives 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?
Solvent-free laminating adhesives are adhesive products that do not contain any solvents. This means that these adhesives are free of chemicals such as alcohol, acetone, and lacquer thinner. These adhesives are often used in the construction and repair industries because they offer a more environmentally friendly option than traditional adhesive products.
Some of the major companies in the solvent-free laminating adhesives market are Ashland, Dow, Songwon, Bostik, Morchem, ACTEGA, TOYOCHEM, Henkel, Ashland.
The solvent-free laminating adhesives 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 Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size & Forecast, 2018-2028
4.5.1 Solvent-free Laminating Adhesives Market Size and Y-o-Y Growth
4.5.2 Solvent-free Laminating Adhesives Market Absolute $ Opportunity
Chapter 5 Global Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Type
5.2.1 2-Component
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Applications
6.2.1 Food Packaging
6.2.2 Medical Packaging
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Analysis and Forecast
9.1 Introduction
9.2 North America Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Type
9.6.1 2-Component
9.6.2 Other
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 Solvent-free Laminating Adhesives Market Size Forecast by Applications
9.10.1 Food Packaging
9.10.2 Medical Packaging
9.10.3 Other
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 Solvent-free Laminating Adhesives Analysis and Forecast
10.1 Introduction
10.2 Europe Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Type
10.6.1 2-Component
10.6.2 Other
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 Solvent-free Laminating Adhesives Market Size Forecast by Applications
10.10.1 Food Packaging
10.10.2 Medical Packaging
10.10.3 Other
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 Solvent-free Laminating Adhesives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Type
11.6.1 2-Component
11.6.2 Other
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 Solvent-free Laminating Adhesives Market Size Forecast by Applications
11.10.1 Food Packaging
11.10.2 Medical Packaging
11.10.3 Other
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 Solvent-free Laminating Adhesives Analysis and Forecast
12.1 Introduction
12.2 Latin America Solvent-free Laminating Adhesives 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 Solvent-free Laminating Adhesives Market Size Forecast by Type
12.6.1 2-Component
12.6.2 Other
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 Solvent-free Laminating Adhesives Market Size Forecast by Applications
12.10.1 Food Packaging
12.10.2 Medical Packaging
12.10.3 Other
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) Solvent-free Laminating Adhesives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solvent-free Laminating Adhesives 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) Solvent-free Laminating Adhesives Market Size Forecast by Type
13.6.1 2-Component
13.6.2 Other
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) Solvent-free Laminating Adhesives Market Size Forecast by Applications
13.10.1 Food Packaging
13.10.2 Medical Packaging
13.10.3 Other
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 Solvent-free Laminating Adhesives Market: Competitive Dashboard
14.2 Global Solvent-free Laminating Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Dow
14.3.3 Songwon
14.3.4 Bostik
14.3.5 Morchem
14.3.6 ACTEGA
14.3.7 TOYOCHEM
14.3.8 Henkel
14.3.9 Ashland
