Global Laminating Adhesives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Solvent-Borne, Water-Borne, Solvent-Less and Others.By Application;
Packaging - Food Packaging, Medical Packaging and Others, Industrial, Transportation, and Others.End-Use Industry;
Packaging, Industrial, and Automotive & Transportation.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Laminating Adhesives Market (USD Million), 2021 - 2031
In the year 2024, the Global Laminating Adhesives Market was valued at USD 3,743.44 million. The size of this market is expected to increase to USD 5,817.25 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.
The global Laminating Adhesives Market has experienced significant growth, driven by the expanding demand for high-performance adhesive solutions in various industries. Laminating adhesives are essential in creating durable and aesthetically appealing laminated products by bonding different layers of materials together. These adhesives find extensive applications across sectors such as packaging, automotive, electronics, and construction, where they provide enhanced product performance and visual appeal.
In recent years, technological advancements and innovations in adhesive formulations have significantly contributed to the market's expansion. The development of new types of laminating adhesives, such as eco-friendly and high-strength variants, has addressed the evolving needs of industries that require adhesives with specific properties. This innovation is particularly important in sectors like packaging, where sustainability and performance are crucial considerations.
Geographically, the market shows varied dynamics, with strong growth in regions such as North America, Europe, and Asia-Pacific. Asia-Pacific, in particular, is witnessing rapid growth due to its robust manufacturing base and increasing industrial activities. Countries like China and India are emerging as key players, driven by their expanding automotive and packaging industries, which are major consumers of laminating adhesives.
The market is also influenced by changing consumer preferences and regulatory requirements. There is a growing emphasis on environmentally friendly adhesives, which has led to an increase in the development and adoption of green laminating adhesives. Additionally, the rising demand for customized adhesive solutions tailored to specific applications and substrates is shaping the market's trajectory, presenting both opportunities and challenges for manufacturers in this evolving landscape.
Global Laminating Adhesives Market Recent Developments
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June 2023, Henkel AG held a groundbreaking ceremony for its new manufacturing adhesive-based business unit in Shandong Province, China. The plant, named 'Kunpeng,' represents an investment of approximately USD 126 million. This facility aims to meet the growing demand and optimize Henkel's supply network in the Asia Pacific and international markets.
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May 2023, H.B. Fuller announced the acquisition of a stake in Beardow Adam, a U.K.-based family-owned venture known for its innovative and sustainable adhesives. This acquisition aims to enhance H.B. Fuller's market position by expanding its customer base and technological capabilities to meet market demand.
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April 2023, Bostik, a subsidiary of the Arkema Group and a leading producer of specialty adhesives, launched a new series of solvent-free adhesive lamination solutions in Asia. The HERBERTS series is designed to be sustainable and environmentally friendly, catering specifically to food packaging, as well as industrial and pharmaceutical markets.
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November 2022, Sun Chemical, part of the DIC Corporation group, announced the acquisition of SAPICI, a leading manufacturer of high-performance polyurethanes for flexible packaging, coating, and industrial purposes. This acquisition is intended to diversify DIC/Sun Chemical's polymer portfolio for various end-use industries.
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February 2022, Flint Group launched EkoCure ANCORA, a sustainable UV LED dual cure ink designed for packaged food and product labeling. These inks and coatings use low-energy UV LEDs for optimized curing and enhanced adhesion to a wide range of substrates.
Segment Analysis
The laminating adhesives market is segmented into two primary product types: solvent-based and water-based adhesives. Solvent-based adhesives dominate the market due to their superior bonding strength and quick drying time, making them ideal for various industrial applications. However, water-based adhesives are gaining traction due to their environmentally friendly properties and compliance with stringent regulations on volatile organic compounds (VOCs). The shift towards sustainable products is expected to drive the growth of water-based laminating adhesives in the coming years.
Laminating adhesives are extensively used in packaging, automotive, and construction industries. In the packaging industry, these adhesives are crucial for flexible packaging applications such as food packaging, where they provide strong seals and barriers. The automotive sector utilizes laminating adhesives in the production of lightweight composite materials, enhancing fuel efficiency and reducing emissions. In construction, these adhesives are used for bonding various substrates, contributing to the durability and performance of building materials. The rising demand for high-performance and lightweight materials in these industries is propelling the growth of laminating adhesives.
The laminating adhesives market is also categorized based on technology, including hot melt, solvent-based, and reactive adhesives. Hot melt adhesives are favored for their rapid bonding capabilities and minimal waste generation. Solvent-based adhesives, known for their robustness and versatility, continue to be widely used despite environmental concerns. Reactive adhesives, which cure through chemical reactions, offer exceptional strength and resistance to environmental factors. Advances in adhesive technologies are driving the adoption of innovative products that meet the specific requirements of various end-use applications.
Global Laminating Adhesives Segment Analysis
In this report, the Global Laminating Adhesives Market has been segmented by Type, Application, End Use, and Geography.
Global Laminating Adhesives Market, Segmentation by Type
The Global Laminating Adhesives Market has been segmented by Type into Solvent-borne, Water-borne, Solvent-less and Others.
Solvent-borne laminating adhesives are adhesives that use organic solvents as a carrier for the adhesive. These adhesives are known for their strong bonding capabilities and high performance in a variety of applications. They are widely used in industries such as packaging, automotive, and construction, where robust adhesion is critical. The solvent-borne adhesives offer advantages like fast drying times and strong resistance to environmental factors such as moisture and temperature changes. However, they pose environmental and health concerns due to the emission of volatile organic compounds (VOCs) during application, which has led to stricter regulations and a gradual shift towards more eco-friendly alternatives.
Water-borne laminating adhesives use water as a solvent instead of organic solvents, making them more environmentally friendly and safer for use. These adhesives are gaining popularity due to their low VOC emissions and compliance with stringent environmental regulations. They are widely used in flexible packaging, paper, and film industries. Water-borne adhesives offer good adhesion properties and are often favored for applications requiring transparency and flexibility. However, they may have limitations in terms of drying times and bond strength compared to their solvent-borne counterparts, but advancements in formulation are continuously improving their performance characteristics.
Solvent-less laminating adhesives do not use any solvents, making them the most environmentally friendly option among the different types. These adhesives are typically based on reactive chemistry, such as polyurethane or epoxy systems, which cure upon contact. Solvent-less adhesives are known for their excellent bonding strength and durability, making them suitable for high-performance applications in industries like food packaging, medical packaging, and industrial laminates. The absence of solvents eliminates VOC emissions, reduces energy consumption during application, and minimizes health risks, making solvent-less laminating adhesives an increasingly popular choice in the market.
The Others category includes a variety of niche laminating adhesives that do not fall into the aforementioned categories. These can include UV-curable adhesives, hot melt adhesives, and pressure-sensitive adhesives. UV-curable adhesives cure quickly upon exposure to ultraviolet light and are used in applications requiring rapid processing and high bond strength. Hot melt adhesives are thermoplastic materials that are melted and applied in a molten state, offering fast setting times and strong adhesion. Pressure-sensitive adhesives provide a tacky bond without the need for heat or solvents and are commonly used in applications like labels and tapes. Each of these adhesive types offers unique benefits and is chosen based on specific application requirements and performance criteria.
Global Laminating Adhesives Market, Segmentation by Application
The Global Laminating Adhesives Market has been segmented by Application into Packaging, Industrial, Transportation and Others.
The packaging industry is a significant driver of the laminating adhesives market. Laminating adhesives are essential in producing flexible packaging materials used in food and beverage, pharmaceuticals, and consumer goods. They ensure strong bonding between different layers of packaging films, providing durability and protection against moisture, oxygen, and other contaminants. The rising demand for packaged food and the increasing need for extended shelf life are propelling the growth of laminating adhesives in this sector. Innovations in sustainable and eco-friendly packaging solutions are also influencing market dynamics, as companies strive to reduce their environmental footprint.
In the industrial sector, laminating adhesives are utilized in a variety of applications, including electronics, construction, and textiles. They provide critical bonding solutions for manufacturing processes that require robust and reliable adhesive performance. For instance, in the electronics industry, laminating adhesives are used in the production of multilayered circuits and electronic components. In construction, they are used for bonding materials like wood, metal, and composites, contributing to the structural integrity and aesthetic appeal of buildings. The demand for high-performance adhesives with superior heat resistance and chemical stability is driving innovation in this segment.
The transportation sector, encompassing automotive, aerospace, and marine industries, relies heavily on laminating adhesives for various bonding and assembly applications. These adhesives are used in the manufacturing of lightweight and durable components, which are crucial for improving fuel efficiency and reducing emissions. In automotive manufacturing, laminating adhesives bond interior trim, dashboard components, and exterior panels, enhancing vehicle aesthetics and performance. In the aerospace industry, they are used in the production of lightweight composite materials, contributing to the overall reduction in aircraft weight and operational costs. The ongoing trend towards electric vehicles and the emphasis on sustainable materials are further boosting the demand for advanced laminating adhesives.
The Others category encompasses a wide range of applications where laminating adhesives play a vital role. This includes sectors like healthcare, where they are used in medical devices and equipment, and consumer goods, where they are essential for producing durable and high-quality products. Additionally, laminating adhesives find applications in the production of renewable energy components, such as solar panels and wind turbine blades. The versatility and adaptability of laminating adhesives to various substrates and conditions make them indispensable across diverse industries. Continuous research and development efforts are focused on enhancing the performance characteristics of these adhesives to meet the evolving needs of different applications.
Global Laminating Adhesives Market, Segmentation by End Use
The Global Laminating Adhesives Market has been segmented by End Use into Packaging, Industrial, and Automotive & Transportation.
The end-use industry plays a pivotal role in shaping the demand for materials, technologies, and processes, with packaging, industrial, and automotive & transportation sectors leading the way. In the packaging sector, the emphasis is on creating lightweight, durable, and environmentally friendly solutions. With the rise of e-commerce and increasing consumer demand for sustainable options, there is a growing shift toward biodegradable and recyclable materials. This trend is driving innovation in material science and design, catering to both performance and regulatory requirements.
In the industrial sector, advancements are driven by the need for high-performance materials and systems capable of withstanding harsh environments. Applications such as construction, heavy machinery, and equipment manufacturing rely on robust materials with superior mechanical, thermal, and chemical properties. Furthermore, the push toward automation and smart manufacturing processes has led to increased adoption of specialized components designed to optimize efficiency and productivity, meeting the evolving demands of modern industrial practices.
The automotive and transportation industry is undergoing a significant transformation, fueled by the global push for sustainability and electrification. Manufacturers are focusing on lightweight materials, such as advanced composites and alloys, to improve fuel efficiency and reduce emissions. Additionally, the shift toward electric vehicles (EVs) has created demand for high-performance batteries, thermal management systems, and innovative designs. These changes underscore the industry's commitment to innovation and its alignment with global environmental goals, paving the way for a more sustainable future.
Global Laminating Adhesives Market, Segmentation by Geography
In this report, the Global Laminating Adhesives Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Laminating Adhesives Market Share (%), by Geographical Region, 2024
North America holds a significant share in the global laminating adhesives market, driven by the robust demand from the packaging industry, particularly in the United States and Canada. The region's advanced manufacturing capabilities and a strong emphasis on innovation and sustainability in adhesive technologies contribute to its market dominance. Additionally, the presence of leading market players and a well-established distribution network further bolster the market growth in this region.
Europe is another key region in the global laminating adhesives market, with countries like Germany, France, and the UK leading the demand. The region's market growth is propelled by stringent regulations promoting eco-friendly adhesives, along with substantial investments in research and development. The European packaging industry, particularly the food and beverage sector, is a major consumer of laminating adhesives, driving the market's expansion.
The Asia Pacific region is witnessing rapid growth in the laminating adhesives market, primarily due to the booming packaging industry in countries such as China, India, and Japan. The region's expanding industrial base, coupled with increasing consumer demand for packaged goods, fuels the market. Moreover, the availability of cost-effective raw materials and labor, along with favorable government policies supporting industrial growth, makes Asia Pacific a lucrative market for laminating adhesives.
The Middle East and Africa region exhibit moderate growth in the laminating adhesives market. The region's market is driven by the growing packaging and automotive industries, particularly in countries like Saudi Arabia, UAE, and South Africa. However, market growth is somewhat constrained by economic volatility and limited industrial development in certain areas. Nevertheless, increasing investments in infrastructure and industrial projects present potential growth opportunities for the laminating adhesives market in this region.
Latin America is emerging as a promising market for laminating adhesives, with countries like Brazil and Mexico spearheading the demand. The region's market growth is supported by the expanding packaging and construction industries, as well as rising consumer awareness regarding sustainable and eco-friendly products. Additionally, the increasing focus on improving manufacturing processes and the adoption of advanced adhesive technologies are expected to drive the market growth in Latin America.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Laminating Adhesives Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Growing packaging industry demand
- Advancements in adhesive technology
- Rising consumer goods production
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Increased demand for flexible packaging: The global laminating adhesives market is experiencing significant growth, driven by the increased demand for flexible packaging solutions. Flexible packaging, known for its versatility, durability, and cost-effectiveness, has become a preferred choice across various industries, including food and beverage, pharmaceuticals, and consumer goods. This packaging type offers several advantages such as extended shelf life, reduced storage space, and enhanced aesthetic appeal, making it an attractive option for manufacturers and consumers alike. As a result, the need for high-quality laminating adhesives, which ensure the integrity and performance of flexible packaging materials, has surged.
In the food and beverage industry, flexible packaging has gained immense popularity due to its ability to preserve product freshness and extend shelf life. The rise in demand for ready-to-eat meals, snacks, and convenience foods has further propelled the adoption of flexible packaging solutions. Laminating adhesives play a crucial role in maintaining the barrier properties of packaging materials, protecting contents from moisture, oxygen, and contaminants. Moreover, these adhesives contribute to the structural integrity of multi-layered packaging, ensuring that products remain safe and intact during transportation and storage.
The pharmaceutical and healthcare sectors have also witnessed a growing reliance on flexible packaging, driven by the need for secure and tamper-evident packaging solutions. The increasing demand for medical supplies, over-the-counter drugs, and prescription medications has led to the adoption of flexible packaging formats that offer convenience and safety. Laminating adhesives are essential in these applications to provide strong bonds between different layers of packaging materials, ensuring that the packaging remains robust and reliable. This trend is expected to continue, fueling the growth of the laminating adhesives market as manufacturers seek innovative solutions to meet the evolving packaging requirements of various industries.
Restraints
- Volatile raw material prices
- Environmental regulations compliance
- High production costs
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Limited application in certain industries: The global laminating adhesives market, despite its significant growth potential, faces limitations in certain industries due to the specificity of its applications. Laminating adhesives are extensively used in packaging, automotive, and electronics industries due to their ability to provide strong bonding, durability, and resistance to environmental factors. However, their use in sectors such as medical, aerospace, and heavy machinery remains limited. This limitation arises from the stringent requirements and the need for specialized properties that standard laminating adhesives often cannot meet. For example, in the medical industry, adhesives must be biocompatible and able to withstand sterilization processes, which many laminating adhesives are not designed for.
The aerospace industry demands adhesives that can endure extreme temperatures, high pressure, and vibrations, necessitating the use of specialized formulations that are typically more expensive and less versatile than those used in conventional laminating processes. In heavy machinery, the need for adhesives that can bond heavy-duty materials while maintaining structural integrity under intense mechanical stress further restricts the use of standard laminating adhesives. These industry-specific requirements highlight the need for ongoing research and development to enhance the performance and adaptability of laminating adhesives to meet diverse application needs.
The market also encounters challenges related to regulatory compliance and environmental sustainability. Many industries are moving towards eco-friendly and sustainable materials, and laminating adhesives often contain volatile organic compounds (VOCs) and other chemicals that can be harmful to the environment and human health. This has led to a demand for greener alternatives, which are still in the developmental stage and not yet widely adopted. Consequently, the application of laminating adhesives remains limited in industries where stringent environmental regulations and sustainability goals are prioritized. The ongoing efforts to develop advanced, eco-friendly adhesives could potentially expand their application across a broader range of industries in the future.
Opportunities
- Innovation in eco-friendly adhesives
- Expansion in emerging markets
- Growth in food and beverage sector
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Increasing demand for lightweight materials: The global laminating adhesives market is experiencing substantial growth, driven by the increasing demand for lightweight materials across various industries. Lightweight materials, such as composites and plastics, are preferred for their ability to reduce overall weight without compromising strength and durability. This trend is particularly prominent in the automotive and aerospace sectors, where reducing weight is crucial for enhancing fuel efficiency and reducing emissions. Laminating adhesives play a vital role in bonding these lightweight materials, ensuring structural integrity and performance.
In the packaging industry, the shift towards lightweight and flexible packaging solutions has significantly boosted the demand for laminating adhesives. Flexible packaging materials, such as films and foils, require high-performance adhesives to maintain their integrity and protect the contents. As consumer preferences lean towards convenience and sustainability, manufacturers are increasingly adopting laminating adhesives that offer superior bonding capabilities while being environmentally friendly. This shift is further supported by stringent regulations aimed at reducing the environmental impact of packaging materials.
The construction sector also benefits from the rising demand for lightweight materials, as they contribute to faster and more efficient building processes. Laminating adhesives are essential in the production of composite panels, insulation materials, and other construction components that require strong and durable bonds. As urbanization continues to drive the need for new construction projects, the laminating adhesives market is poised for significant growth. Innovations in adhesive technologies, such as the development of water-based and solvent-free adhesives, are further enhancing the market's expansion by addressing the need for sustainable and high-performance bonding solutions.
Competitive Landscape Analysis
Key players in Global Laminating Adhesives Market include:
- Henkel AG & Co. KGaA
- The 3M Company
- H.B. Fuller Company
- Arkema Group
- Dow Inc
- Ashland Global Holdings Inc
- Bostik SA
- Sika AG
- Toyo-Morton, Ltd
- DIC Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Laminating Adhesives Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing packaging industry demand
- Advancements in adhesive technology
- Rising consumer goods production
- Increased demand for flexible packaging
- Restraints
- Volatile raw material prices
- Environmental regulations compliance
- High production costs
- Limited application in certain industries
- Opportunities
- Innovation in eco-friendly adhesives
- Expansion in emerging markets
- Growth in food and beverage sector
- Increasing demand for lightweight materials
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Laminating Adhesives Market, By Type, 2021 - 2031 (USD Million)
- Solvent-borne
- Water-borne
- Solvent-less
- Others
- Global Laminating Adhesives Market, By Application, 2021 - 2031 (USD Million)
- Packaging
- Food Packaging
- Medical Packaging
- Others
- Industrial
- Transportation
- Others
- Packaging
- Global Laminating Adhesives Market, By End Use, 2021 - 2031 (USD Million)
- Packaging
- Industrial
- Automotive & Transportation
- Global Laminating Adhesives Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Laminating Adhesives Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Henkel AG & Co. KGaA
- The 3M Company
- H.B. Fuller Company
- Arkema Group
- Dow Inc
- Ashland Global Holdings Inc
- Bostik SA
- Sika AG
- Toyo-Morton, Ltd
- DIC Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market