Top Growth Trends in the Solvent-Based Laminating Adhesives Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theSolvent-Based Laminating Adhesives Market?
The increasing popularity of the food and beverage sector is expected to fuel the growth of the solvent-based laminating adhesives market. The food and beverage sector is growing due to consumer demand for convenience and diverse product options. Solvent-based laminating adhesives are essential for packaging in this sector, preserving freshness and extending shelf life. In 2021–2022, food sales in Australia increased significantly, highlighting the growing demand for packaging solutions and the growth of the solvent-based laminating adhesives market.
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How Has the Solvent-Based Laminating Adhesives Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The solvent-based laminating adhesives market size will grow from $1.06 billion in 2024 to $1.14 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. Growth is driven by the food packaging industry’s expansion, concerns about food safety, increased demand for packaging materials, rising demand in pharmaceuticals, and the growing demand for flexible packaging.
The solvent-based laminating adhesives market size is expected to reach $1.5 billion by 2029, growing at a CAGR of 7.1%. This growth is attributed to rising demand for solvent-based adhesives, e-commerce growth, environmental regulations, food and beverage sector expansion, and demand for processed and packaged foods. Key trends include advancements in adhesive technology, digitalization in manufacturing, packaging solutions, laminating adhesive innovations, and technological progress.
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What Are the Latest Innovations Influencing theSolvent-Based Laminating Adhesives Market?
Companies in the solvent-based laminating adhesives market are creating innovative products like epoxy silane-free adhesives to improve environmental safety and reduce production costs. Epoxy silane-free adhesives offer strong bonding while being eco-friendly. In June 2022, Toyo-Morton, a Japan-based adhesive manufacturer, launched Epoxy Silane-free Laminating Adhesives for flexible packaging, meeting the growing demand for sustainable packaging solutions.
Who Are the Major Industry Players Accelerating Growth in theSolvent-Based Laminating Adhesives Market?
Major companies operating in the solvent-based laminating adhesives marker are 3M Company, Henkel Corporation, Sika AG, Arkema S.A., Celanese Corporation, Avery Dennison Corporation, Sun Chemical Corporation, DIC Corporation, H.B. Fuller Company, DuPont de Nemours Inc., Eastman Chemical Company, Ashland Inc., ACTEGA GmbH, Paramelt B.V., IVP Limited, Franklin International, Nan Pao Resins Chemical Co. Ltd., Coim Group, Toyo-Morton Ltd., Megabond (Huangshan) Adhesive Co. Ltd.
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Which Primary Segments of the Solvent-Based Laminating Adhesives Market Are Driving Growth and Industry Transformations?
The solvent-based laminating adhesivesmarket covered in this report is segmented –
1) By Type: One Component, Two Component
2) By Type Of Lamination: Film To Film, Film To Foil, Film To Metalized Film
3) By Type Of Packaging: Acetone, Methyl Ethyl Ketone (MEK), Toluene, Ethyl Acetate, Methyl Ethyl Ketone(MEK)- Toluene, Polyol B-Side Curative Hydroxyl, Isocyanate A-Side NCO Adhesive Solvent
4) By End-User: Food, Healthcare, Industrial Packaging, Other End-Users
Subsegments:
1) By One Component: Polyurethane Adhesives, Acrylic Adhesives, Rubber-Based Adhesives
2) By Two Component: Polyurethane Adhesives, Epoxy Adhesives, Acrylic Adhesives
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theSolvent-Based Laminating Adhesives Market?# Market?
Asia-Pacific was the largest region in the solvent-based laminating adhesives market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the solvent-based laminating adhesives marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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