(MENAFN - iCrowdNewsWire)According to the latest report by IMARC Group, titled,“ Packaging Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 “, provide the global packaging adhesives market exhibited moderate growth during 2015-2020. Looking forward, the market expects to grow at a CAGR of 5.5% during 2021-2026.
Packaging adhesives are the sticking agents that are used for binding two or more pieces of packaging materials together. Some of the commonly available packaging adhesives include water-based, solvent-based, and hot-melt adhesives. Water-based adhesives are utilized for porous or non-porous substrates, such as dextrin, starch, and polyvinyl alcohol (PVA), while solvent-based adhesives are used for plastic applications. Hot-melt adhesives, or hot glue, are thermoplastic-based adhesives that turn into liquid upon heating. They are primarily used for packaging cartons, cases, and flexible packaging .
Download free sample of the report:
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The competitive landscape of the industry has also been examined with some of the key players being
- 3M Company,
- Ashland Global,
- Avery Dennison Corporation,
- Dymax Corporation,
- H.B. Fuller,
- Henkel AG & Co.
- Jowat SE,
- Paramelt B.V.,
- Sika AG,
- The DOW Chemical Company,
- Wacker Chemie AG, etc.
Browse full report with TOC:
Market Trends and Drivers:
Significant expansion in the food and beverages (F & B) sector is one of the key factors propelling the growth of the market. In the F & B industry, packaging adhesives are extensively used for rigid food boxes and for sealing paper cartons and cases to store several food products and beverages. Furthermore, packaging adhesives also find widespread applications in the pharmaceutical sector to seal medical equipment for protecting the content from bacterial contamination and maintaining the sterility of the products. Additionally, the introduction of advanced water-based transparent adhesives that are used for sticking colored and clear labels on various products is further providing a thrust to the market. Besides this, the increasing consumer preferences for sustainable compounds in packing adhesives that can be used on recyclable products is expected to further strengthen the market growth in the coming years.
The report has segmented on the basis of Type, Substrate Material Type, Packaging Type, End-Use and geography.
Breakup by Type:
- Water-based Adhesives
- Solvent-based Adhesives
- Hot-melt Adhesives
Breakup by Substrate Material Type:
- Polyvinyl Chloride
Breakup by Packaging Type:
- Flexible Packaging
- Folding Cartons
- Boxes & Cases
Breakup by End-Use Industry:
- Food & Beverages
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Note- We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Browse related reports:
Jute Bag Market Analysis Report:
Corrugated Boxes Market Analysis Report:
Recycled Plastics Market Analysis Report:
Dairy Packaging Market Analysis Report:
India Paper Cups Market Analysis Report:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
| Aircraft Seating Market Trends, Share, Size, Analysis and Latest Edition Report |
| Reusable Face Mask Market Research Report, Upcoming Trends, Demand, Analysis and Forecast 2021 to 2026 |
| mHealth Market 2021; Recent Trends, Growth and Future Scope by 2026 |
| Terrestrial Laser Scanning Market Growth, Upcoming Trends, Companies Share, Structure and Regional Analysis by 2026 |
| Automatic Identification and Data Capture (AIDC) Market Report With Industry Trends, Revenue Growth, Companies Share, Future Scope, Structure and Opportunities by 2025 |
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.