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Report
North America Laminating Adhesives Market Report and Forecast 2024-2032
Market Report I 2023-12-29 I 128 Pages I EMR Inc.
North America Laminating Adhesives Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the North America laminating adhesives market is projected to grow at a CAGR of 6.20% between 2024 and 2032. Aided by the escalating demand in industries such as automotive, packaging, and electronics, combined with the region's thriving manufacturing sector, the market is expected to grow significantly by 2032.
Laminating adhesives are essential components that are applied between layers of materials to bind them together, ensuring a strong, durable bond. These adhesives are instrumental in providing rigidity, protection against external factors, and enhancing aesthetic appeal. They are most commonly used in layered composite materials, particularly in packaging solutions, automotive components, and electronics housings, among other applications.
Several catalysts are driving the North America laminating adhesives market growth. The packaging sector, being one of the primary consumers, is witnessing a considerable surge in demand. This is attributed to the evolving consumer preferences leaning towards sustainable, durable, and visually appealing packaging. As brands vie for consumer attention on store shelves, the importance of high-quality laminating adhesives that offer excellent clarity and bonding strength cannot be understated.
As per the North America laminating adhesives market analysis, the automotive industry in North America, especially in the US and Mexico, has been on an uptrend, leading to increased consumption of laminating adhesives. These adhesives play a vital role in lightweighting vehicles, enhancing fuel efficiency, and contributing to intricate car designs, thus aiding in the broader goals of sustainability and performance.
The electronics industry, another significant consumer, relies on laminating adhesives for the assembly and protection of devices. With the consumer electronics market burgeoning, driven by the demand for smartphones, tablets, and wearables, the requirement for laminating adhesives that offer durability, heat resistance, and flexibility is on the rise.
Additionally, the construction sector, experiencing a revival in North America, particularly in urban areas, is further supplementing the North America laminating adhesives market demand. These adhesives are used extensively in flooring, wall panels, and insulation materials, ensuring longevity and structural integrity.
Major market players are ramping up their research and development efforts to produce water-based and hot-melt laminating adhesives, which have a lower environmental footprint. Such innovations not only cater to regulatory mandates but also appeal to an increasingly environmentally-conscious consumer base.
Market Segmentation
The market can be divided based on resin, type, application, and country.
Market Breakup by Resin
- Acrylic
- Polyurethane
- Others
Market Breakup by Type
- Solvent-borne
- Water-borne
- Solvent-less
- Others
Market Breakup by Application
- Packaging
o Food Packaging
o Medical Packaging
- Industrial
- Transportation
- Others
Market Breakup by Country
- United States
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America laminating adhesives market. Some of the major players explored in the report by Expert Market Research are as follows:
- Henkel AG & Co. KGaA
- 3M Company
- Evonik Industries AG
- DuPont de Nemours, Inc.
- Arkema S.A.
- Sika AG
- Dow Inc.
- Ashland Inc.
- BASF SE
- Sun Process Converting, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Laminating Adhesives Market Analysis
8.1 Key Industry Highlights
8.2 North America Laminating Adhesives Historical Market (2018-2023)
8.3 North America Laminating Adhesives Market Forecast (2024-2032)
8.4 North America Laminating Adhesives Market by Resin
8.4.1 Acrylic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Polyurethane
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 North America Laminating Adhesives Market by Type
8.5.1 Solvent-borne
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Water-borne
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Solvent-less
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 North America Laminating Adhesives Market by Application
8.6.1 Packaging
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.1.4 Market by Type
8.6.1.4.1 Food Packaging
8.6.1.4.2 Medical Packaging
8.6.2 Industrial
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Transportation
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 North America Laminating Adhesives Market by Country
8.7.1 Market Share
8.7.1.1 United States
8.7.1.2 Canada
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Henkel AG & Co. KGaA
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 3M Company
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Evonik Industries AG
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 DuPont de Nemours, Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Arkema S.A.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Sika AG
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Dow Inc.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Ashland Inc.
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 BASF SE
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio
11.2.9.3 Demographic Reach and Achievements
11.2.9.4 Certifications
11.2.10 Sun Process Converting, Inc.
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio
11.2.10.3 Demographic Reach and Achievements
11.2.10.4 Certifications
11.2.11 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Laminated Adhesives Market: Key Industry Highlights, 2018 and 2032
2. North America Laminated Adhesives Historical Market: Breakup by Resin (USD Million), 2018-2023
3. North America Laminated Adhesives Market Forecast: Breakup by Resin (USD Million), 2024-2032
4. North America Laminated Adhesives Historical Market: Breakup by Type (USD Million), 2018-2023
5. North America Laminated Adhesives Market Forecast: Breakup by Type (USD Million), 2024-2032
6. North America Laminated Adhesives Historical Market: Breakup by Application (USD Million), 2018-2023
7. North America Laminated Adhesives Market Forecast: Breakup by Application (USD Million), 2024-2032
8. North America Laminated Adhesives Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Laminated Adhesives Market Forecast: Breakup by Country (USD Million), 2024-2032
10. North America Laminated Adhesives Market Structure
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