CAGR Of 5% : Global Packaging Adhesives Market about to hit CAGR of 5% from 2017 to 2026

CAGR Of 5% : Global Packaging Adhesives Market about to hit CAGR of 5% from 2017 to 2026

The global packaging adhesives market is estimated to value US$ 7,263.4 million in 2017, and is projected to register a CAGR of over 5% in terms of value during forecast period 2017–2026. The first five-year cumulative revenue (2017–2021) from the waterbased segment in the global packaging adhesives market is projected to be US$ 40,237.5 Mn, as compared to a higher cumulative revenue for the latter five years of the forecast period (2022–2026).

Global Packaging Adhesives Market Segment Analysis: Analysis by Packaging Adhesives Technology:

Among all technology segments, water-based technology segment in the global packaging adhesives market is expected to register a CAGR of over 5% over the forecast period.

Analysis by Application:

Among all the application segments, flexible packaging segment is projected to register highest CAGR of over 5% owing to increasing demand for packaging adhesives.

Analysis by Region:

North America market is anticipated to grow at a steady growth rate, while demand for packaging adhesives in Europe region is foreseen to expand at moderate pace in near future.

Global Packaging Adhesives Market Competitive Analysis:

Global packaging adhesives market Companies Profiles are B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Bostik SA (Arkema Group), Henkel AG & Company, KGaA, Royal Adhesives & Sealants, Jowat SE, Dymax Corporation, Avery Dennison Corporation.

Via: https://marketresearch.biz/infographics/packaging-adhesives-market/