Laminating Adhesives Market 2021-2030: Global Research by Emerging Growth Factors, Development Strategy, Regional Trend, Historical Analysis, Segmentation, Business Prospect with Covid-19 Impact

In a recent published report, Kenneth Research has updated the market report for Laminating Adhesives Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Laminating Adhesives Market products.

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On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Laminating Adhesives Market was valued at USD 1,724 Million in the year 2017. Global Laminating Adhesives Market is further estimated tgrow at a CAGR of 7.1 % from 2019 treach USD 2,965 Million by the year 2025. In the Global Laminating Adhesives Market, by region Asia Pacific region holds the highest Market share in 2017 and Europe region is alsthe Market is considered as the fastest growing Market in the forecasted period owing ttheir Market demands. At a country level, China and India in Asia-Pacific is projected tgrow strongly in the coming years due tgrowing end-use industry growth such as food packaging industry.

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Major market players in Laminating Adhesives Market are Henkel AG & Co. KGaA, L.D. Davis, 3M Company, The Dow Chemical Company, Coim, H.B. Fuller Company, BASF SE, Sika AG, Bostik, Flint Group, and brief overview of 10 companies is als*provided in the report.

SWOT analysis of Laminating Adhesives Market:

Rapid industrialization in end-user industries
Changing government regulations and norms.
Increasing lamination adhesives exports t*countries in the Asia Pacific
High Cost and restriction on the use of raw material

The segmentation is done on the basis of application the Market is segmented as Flexible Packaging, Industrial Application and Automotive Application of which Flexible Packaging segment is expected t*hold the highest Market share during the forecast period.

Laminating Adhesives Market Segmentation:
By Application

-Flexible Packaging
-Industrial Application
-Automotive Application

By Resin Type

By Region
-North America
*Rest of Europe
*Rest of Asia-Pacific
*Latin America
*Middle East & Africa

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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