Laminating Adhesives Industry Forecast and Size Analysis 2019-2025
Global Laminating Adhesives Industry was valued at USD 1,724 Million in the year 2017. Global Laminating Adhesives Industry is further estimated to grow at a CAGR of 7.1 % from 2019 to reach USD 2,965 Million by the year 2025. In the Global Laminating Adhesives Industry, by region Asia Pacific region holds the highest Industry share in 2017 and Europe region is also the Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific is projected to grow strongly in the coming years due to growing end-use industry growth such as food packaging industry. Major market players in Laminating Adhesives Industry 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 also provided in the report.
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SWOT analysis of Laminating Adhesives Industry: Strength: Changing government regulations and norms. Opportunities: Increasing lamination adhesives exports to countries in the Asia Pacific Threats: High Cost and restriction on the use of raw material