Laminating Adhesives Market by Type (Solventborne, Solventless, Waterborne & Others), by Application (Flexible Packaging, Industrial Applications & Automotive Applications), by Region (North America, Europe, APAC & ROW) - Global Forecast to 2019

LONDON, Dec. 29, 2014 /PRNewswire/ -- The report covers the global laminating adhesive market. It divides the market on the basis of applications and regions. The market data for these types is given with respect to volume (Kilotons) and value ($Million). The market value of laminating adhesive was estimated to be $1,357 million in 2013 and is projected to grow with a CAGR of about 8.8% between 2014 and 2019. The data mentioned in the report is based on the overall demand for the laminating adhesive.

The laminating adhesive market has been analyzed on the basis of Porter's five forces model. This gives an idea about the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to laminating adhesive raw materials, manufacturers, and end-users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players that are contributing to the global laminating adhesive industry.

The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in the emerging economies of China, Japan, and India. It is backed by large population needs, increased manufacturing growth, and newer industrial applications. Also, the economic stability in the European region and U.S. has affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market.

The global laminating adhesive market is also classified based on different applications. The key companies in this market are Henkel (Germany), The Dow Chemical Company (U.S.), Bostik (France), H.B. Fuller (U.S.), 3M Company (U.S.), COIM Group (Italy), Ashland Inc. (U.S.), Comens New Materials (China), and Toyo-Morton, Ltd. (Japan). These companies are consistently focusing on expanding their production capacity and launching new products to achieve a competitive advantage, and thereby serving the customers more effectively. Investments in new product development was the most preferred strategy by the top players in 2012.

The different strategies adopted by leading companies to capture the market in developing economies include expansions and partnerships. These companies are projected to focus on expansions with larger capacities to cater to the high demand statistics of the market. A U.S.based leading printing inks and pigments company, Dic Group, and its member company Sun Chemical recently entered into the market and expanded its business as its inclined for the high growth markets. It is expected that more companies will start the production of laminating adhesive to cater the increasing demand globally.

The Asia-Pacific region, with rising end-user industry demand, emerged to be the driving factor for this market, with China being the leading country in consumption of laminating adhesive due to increasing demand from the allied industries and large population needs. The emerging economies, such as India, Brazil, and UAE are further lined up for improved growth in this market with healthier socioeconomic factors.

The report also presents a competitive landscape covering different strategies and developments, such as expansions and agreements undertaken by the leading companies in the past few years. Furthermore, different laminating adhesive market participants are also profiled in the report.

Scope of the report
The report segments the global laminating adhesive market as: The global laminating adhesive market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.

On the basis of applications:

• Flexible Packaging
  • Food
  • Pharmaceutical
  • Consumer Durables
• Industrial Applications
  • Electronics
  • Insulations Products
  • Window Films
  • Wires & Cables
  • Others
• Automotive Applications

On the basis of geography:

• North America
• Europe
• Asia-Pacific
• RoW

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/laminating-adhesives-market-by-type-solventborne-solventless-waterborne--others-by-application-flexible-packaging-industrial-applications--automotive-applications-by-region-north-america-europe-apac--row---global-f-300014306.html

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