According to the new market research report by IndustryARC titled “Packaging Adhesives Market: By Formulation (Water Based, Solvent- less, Solvent Based, Hot Melt Based); By Type (Acrylics, Polyurethane, Polyvinylidene Chloride, Others); By Application (Flexible Packaging, Rigid Packaging, Paper & board Packaging & Others); By Technology(Water Based, Solvent Less, Solvent Based, Hot Melt Based, High Temperature, Low Temperature, Others) ; By End User Industry( Food & Beverages, Beverages, Cosmetics, Healthcare, Others); By Geography (North America, Europe, APAC and Row) - Forecast(2018-2023)” the market will be driven by the growing demand for labelling.

Browse 61 Market Tables, 177 Figures spread through 153 slides and an in-depth TOC on “Packaging Adhesives Market (2018 - 2023)

Asia Pacific will Dominate the Packaging Adhesives Market 

Asia Pacific will have the largest share in the Packaging Adhesives Market during the forecast period due to the use of adhesives in many packaging application segments. China is the main region for packaging adhesives due to the growing demand from other end user industries. Technological innovations such as hot melt technology are responsible for the growth of packaging adhesives in Asia Pacific. 

Selected Regulatory Analysis Done in the Full Report:

The flexible packaging segment will dominate the Packaging Adhesives Market in the coming years due to the developments in packaging technology that are applied in research, pharmaceutical, and manufacturing sectors. The water based technology is expected to have the fastest growth in the consumption of adhesives. These adhesives are provided to the manufacturers as a premixed solution or formulated dry powder that should be mixed with water for activating its adhesive quality. 

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Selected Driving Factors Mentioned in the Full Report:

Growing use of packaging adhesives in the flexible packaging will enhance the demand for the adhesive film in the forecast period. 

 Developments in the manufacturing sector enhance the growth of protective packaging during the forecast period. 

The growing inclination of manufacturers towards organic products drives the packaging adhesives market in the coming years. 

The technological advancements in the packaging adhesives to meet different standards of the pharmaceutical industry will spur the demand for the packaging adhesives market.   

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Key Players of the Packaging Adhesives Market:
The key players of the Packaging Adhesives Market include Ashlands, HB Fuller, and Henkel. Ashlands provides innovative adhesives and sealants that can be used for food packaging. It provides flexible packaging adhesives and laminating adhesives. HB Fuller provides adhesives for a number of industries such as electronics, medical, transportation, construction, and other businesses. Henkel provides adhesives for food packaging and home delivery packaging with a focus on light weight and convenient transportation. 

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