North America Laminating Adhesives Market Analysis, Size, Share, Drivers, Restraints, Opportunities and Threats by 2026

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North America Laminating Adhesives Market Growth
factors, Research Survey and trends by 2021-2026
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Global Market Scenario of North America
Laminating Adhesives Industry

• As per a report published by Global Market
  Insights, the North American laminating adhesives
  market share was projected at 474.3 million in
  2019 and is anticipated to reach 640 million
  valuation by 2026, registering a CAGR of 6.6.
• Laminating adhesive are expected to record
  extensive demand in North America based on its
  soaring requirement in packaging. The need for
  flexible packaging is intensifying as a result of
  changing consumer lifestyles and purchase from
  online platforms. Companies in the food
  beverage sector are extensively utilizing
  flexible packaging as it offers consumers added
  ease of use and much greater convenience among
  all other packaging solutions.
• Consumers are attracted to products that can
  easily open and close for use on the go. Growing
  importance of functional integration and new
  solutions such as easy-opening, lightweight, and
  reclosing packaging could consequently drive the
  demand for flexible packaging, evidently pushing
  the laminating adhesives market of North America.
• Stringent rules and regulations imposed by the
  government on VOC emissions may impact the
  laminating adhesive market over time.

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• The rising use of solventless laminating
  adhesives in several end-user industries will
  enhance the share of the North America laminating
  adhesives industry during the estimated period.
  Solventless adhesives are 100 active products
  that contain no water or solvent carrier.
• These adhesives are generally used in food
  packaging applications such as microwavable
  packaging, snack foods, and high-performance
  retort along with containing several layers for
  making it more feasible. Estimates suggest that
  the solventless laminating adhesives market could
  grow at a rate of 5 between 2020 to 2026.
  Growing concerns regarding VOC emission could
  stir the requirement for these adhesives in the
  coming years.

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360 Industry Analysis

• Separately, the COVID-19 pandemic has severely
  affected businesses across North America. The
  outbreak has hampered regional economy ascribed
  to strict lockdowns, travel bans, and business
  shutdowns imposed by the governments. However,
  across countries like Canada and Mexico, the
  demand for flexible packaging is likely to remain
  steady. Reports indicate that that laminating
  adhesives market share across Canada and Mexico
  was over 17.58 and 9.11 respectively in 2019.
•  

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• Competitive Analysis
• 3M, Bostik, Dowdupont Inc., Franklin
  International, Huber Group, Coim Group, BASF,
  H.B. Fuller Company, Ashland Inc., Henkel,
  Vimasco Corporation, DIC Corporation, Mitsui
  Chemicals, Flint Group, Sika AG are some of the
  key players operating in the North America
  Laminating Adhesives Market.

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