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The North America laminating adhesives market is expected to grow at a CAGR of 6.20% between 2024 and 2032, driven by increasing demand for product information and lightweight vehicles.
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Laminating adhesives are used to stick two types of films together using on polyurethane and polyester technology with the help of mechanical pressure. Polyurethanes are prepared using isocyanates such as MDI and TDI, while polyesters are prepared by using raw materials obtained from glycols, acids, and solvents.
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Based on resin, the market is divided into acrylic, polyurethane, and others. On the basis of type, the market can be segmented into solvent-borne, water-borne, and solvent-less, among other types. By application the market is divided into packaging, industrial, and transportation, among others, while packaging is subdivided into food packaging and medical packaging. Based on country, the market is bifurcated into the United States and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America laminating adhesives market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Acrylic laminating adhesives are efficient and strong resin-based adhesives used in bonding of multiple objects and are also environment resistant. However, polyurethane offers stronger adhesion, flexibility, and isolation which makes it more suitable for use in applications such as shoe production, construction, textile lamination, and woodworking. Due to a larger demand from end-use applications, polyurethane occupies a significant share of the North America laminating adhesives market based on resin.
Solvent-based laminating adhesives dominate the market as they have a high demand in places where solvent-less and water-based technologies cannot fulfil the technical requirements. These laminating adhesives use a higher level of organic solvents such as toluene, ketone, methyl ethyl, and acetone than water-based technology. The technology for solvent-based laminating adhesives is low cost, safe and productive and is therefore preferred over water-based technology.
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Henkel AG & Co. KGaA, also known as Henkel, was founded in 1876 with its headquarters in Germany. It is a consumer goods and chemicals company that operates worldwide focusing on its main business areas which are adhesives, sealants and coatings, laundry and home care, and beauty care products.
3M Company was established in 1902 and has is headquartered located in Minnesota, United States. The name 3M stands for Minnesota Mining and Manufacturing Company and the company manufactures and supplies products for use in construction and adhesives, medical, and for home cleaning, among other uses.
Evonic Industries AG founded in 2007 is based out of Essen, Germany. It is a German specialty chemical company that aims at making the recycling of lithium simple and environment friendly, with the help of high-performance membranes.
Other market players include DuPont de Nemours, Inc., Arkema S.A., Sika AG, Dow Inc., Ashland Inc., BASF SE, and Sun Process Converting, Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Resin |
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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
The market is expected to grow at a CAGR of 6.20% between 2024 and 2032.
Major market drivers for laminating adhesives in North America are customer preferences for more information of the product and the increasing demand for lightweight vehicles.
The key trends of the market are packaging style, versatile applications as a lightweight adhesive, and potential of stabilising fluctuating costs of raw materials.
Key market players include Henkel AG & Co. KGaA, 3M Company, Evonik Industries AG, DuPont de Nemours, Inc., Arkema S.A., Sika AG, Dow Inc., Ashland Inc., BASF SE, and Sun Process Converting, Inc., among others.
The market for laminating adhesives in North America is segmented based on resin, type, application, and country.
Laminating adhesives are materials used to stick two types of films together using polyurethane and polyester with the help of mechanical pressure.
Polyesters for laminating adhesives are prepared using raw materials obtained from glycols, acids, and solvents.
Polyurethanes are prepared using isocyanates such as MDI and TDI.
The North America laminating adhesives market based on resin is divided into acrylic, polyurethane, and other resins.
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