Packaging Adhesives Market Global Overview with In-depth Data and Industry Analysis Report By 2025 “The packaging adhesives industry is estimated to grow at a significant CAGR of 4.5% over the forecast period as the scope and its applications are rising enormously across the globe.”
Global Packaging Adhesives Market is expected to reach USD 10.11 billion by 2025. Packaging Adhesives (PA) are the adhesives used for binding together two or more surfaces by limiting direct contact of packaging materials to harsh atmosphere that pledges degradation. These adhesives are exclusively used in industries like wood, food & beverage, automotive, and construction. The packaging adhesives industry is estimated to grow at a significant CAGR of 4.5% over the forecast period as the scope and its applications are rising enormously across the globe. Rising durability and versatility of rigid adhesive products, presence of innovative flexible packaging adhesive products, and can handle an exclusive range of end-use temperatures are documented as major factors of packaging adhesives market that are estimated to enhance the growth in the years to come. However, packaging adhesives industry is segmented based on type, technology, application, and region. Polyvinylidene Chloride, Acrylics, polyurethane, and other types could be explored in packaging adhesives in the forecast period. The enhanced technology used may include hot-melt based, water-based, solvent-based, and others that could be explored in packaging adhesives in the forecast period. The hot-melt based technology is exclusively preferred and the sector accounted for substantial share of packaging adhesives market. It is used in sealing, cartooning, and case erecting applications. Hot melts include metallocene hot melts and EVA hot melts.
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