DUBLIN, July 08, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/dsqsk9/flexible) has announced the addition of the "Flexible Packaging Adhesives Technology Market in China 2015-2019" report to their offering.
The flexible packaging adhesives technology market in China to grow at a CAGR of 12.37% over the period 2014-2019.
Flexible packaging adhesives are used as bonding agents in flexible packaging. Their characteristics include clarity, strength, and resistance to heat and humidity. Based on the technology used in their production, flexible packaging adhesives can be segmented as water-based, solvent-based, hot-melt, solvent-free, and others.
The implementation of stringent environmental regulations by various regulatory bodies and the growing use of bio-based adhesives for general purpose and medium-performance packaging applications in various industries is expected to propel the demand for eco-friendly or green flexible packaging adhesives. In recent years, the packaging market in China has witnessed a gradual shift toward water-based adhesives as they are environmentally friendly, non-flammable, easy-to-clean, and contain high solid content. The introduction of bio-based compostable and solvent-free adhesives by major global players for use in general purpose packaging applications in the country has further augmented the popularity of bio-based flexible packaging adhesives. Moreover, with major global green adhesives vendors setting up their own in-house manufacturing units in China, to reduce the cost of meeting the standards set by local regulatory bodies, the trend is expected to have a major impact on the market in China in the coming years.
Further, the report states that volatile prices and uncertainty in supply of feedstock affects the market as manufacturers of adhesives are forced to cut back on expenses to balance the losses incurred during acquisition of raw materials.
- Beijing Comens New Materials
- Coim Group
- Dow Chemical
- Huzhou Ochem Chemical
- Shanghai KangDa New Materials
- Toyo Ink Group
Other Prominent Vendors
- Cyberbond Adhesives
- H.B. Fuller
- Jiangxi Ansheng Technology
- Master Bond
- Paramelt Specialty Materials (Suzhou)
- Rhein Chemie Rheinau
- ThreeBond Group
- Wacker China
- WUXI WanLi Adhesion Materials
For more information visit http://www.researchandmarkets.com/research/dsqsk9/flexible
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SOURCE Research and Markets