Report Code: A15858 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Laminating Adhesives Market
Request Now !Laminating adhesives, which are necessary for highly functional laminate composites functionality that are compatible with the film material properties. This is made possible by the Toyo Ink Group's material development and conversion technology. Lamination is a printing finishing technique in which a thin layer of plastic called a laminate is adhered to paper or card using pressure and heat. Lamination is often used to protect paper from everyday wear and tear, as well as to extend the life of printed materials. These materials work well with a variety of film, foil, and paper substrates. Food packaging end-use applications include snack food and bottle labels, as well as microwaveable and boil-in-bag containers. Another application is medical packaging, as well as flexible industrial lamination.
COVID-19 Impact AnalysisÂ
Top Impacting Factors
Rapid expansion in the flexible packaging sector, as well as rising demand for packaged foods, are projected to propel the market forward in the short term. Laminating adhesives are utilised in a variety of applications, including flexible packaging, industrial, and automotive. The global demand for high-end packaging materials is increasing as consumer awareness of product safety grows. Â Laminating adhesives are used in packaging materials of agricultural chemicals, cheese, confectionery, snack food, meat, medical products. Â During the projected period, rapid expansion in end-user industries is likely to be a prominent driver driving the worldwide laminating adhesives market. The market is hampered by expensive capital investment and high-energy usage. The laminating adhesives market, on the other hand, is expected to benefit from the development of technologies to address energy usage. Due to a rise in demand for these adhesives in end-use applications, Asia-Pacific is expected to lead the worldwide laminating adhesives market during the projected period. The increased need for flexible packaging in Asia Pacific highlights the region's large market potential, particularly in China and India.
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