Report forecast the global packaging adhesives market to grow at a
CAGR of 5.85% over the period 2014-2019.
Adhesives are substances that are applied to the surfaces of materials
to fasten and bond them. They are made using a variety of raw materials, such
as acrylic resins, PVAc, PU, styrene blocks, epoxy compounds, EVA, and
silicones. Adhesives are finding a
application in the packaging of products, apart from being used in assembly
manufacturing, construction, and automotive industries. They are used in
paperboard packaging and carton sealing, erection of trays, flexible cover
sealing, container labeling, palletizing, and folding boxes.
The global packaging adhesives market can be divided into four
segments based on the type of technology: Water-based, hot melt, solvent-based,
and reactive and others. The key end-customers of packaging adhesives are
packagers, manufacturers of consumer goods, and retailers.
According to the report, companies’ increased focus on product
innovation and R&D is primarily driving market growth. Companies are trying
to differentiate their product offerings using advanced technology that enables
high-quality features. A shift from conventional petroleum-based adhesives to
bio-based adhesives that use eco-friendly ingredients has led to the
development of new bonding agents and new processes for the assembly of
materials.
Further, the report states that one of the key challenges to the
growth of this market is the increase in regulatory barriers by authorities such
as REACH and the US EPA. Vendors in the market have been facing pressure to
produce adhesive solutions that emit less VOCs. Solvent-based adhesive
formulations, which are required in some applications to get the desired
results, contain high levels of hazardous compounds that are harmful for both
humans and the environment.
Global Packaging Adhesives Market 2015-2019, has been prepared based
on an in-depth market analysis with inputs from industry experts. The report
covers APAC, Europe, North America, and ROW; it also covers the global
packaging adhesives market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
Key Regions
- APAC
- Europe
- North America
- ROW
Key players in the global packaging adhesives market: 3M Co., Avery
Dennison Corp., Bostik SA, HB Fuller Co. and Henkel AG & Co.
Other Prominent Vendors in the market are: Ashland, Bayer, DIC, Dow,
Dymax, Eastman, Jowat, Paramelt, Rhein Chemie, SAPICI and Sika
Market Driver
- Increasing focus on innovation and R&D
- For a full, detailed list, view our report
Market Challenge
- Increase in regulatory barriers
- For a full, detailed list, view our report
Market Trend
- Popularity of pressure-sensitive adhesives
- For a full, detailed list, view our report
Key Questions Answered in this
Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 66 pages, “Global
Packaging Adhesives Market 2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market
Landscape, Market Segmentation by Technology, Geographical Segmentation, Buying
Criteria, Market Growth Drivers, Drivers and Their Impact, Market Challenges,
Impact of Drivers and Challenges, Market Trends, Trends and their Impact,
Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4et
Find all Packaging Reports at:
http://www.marketresearchreports.com/packaging
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