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May 31, 2017
By: Catherine Diamon
Research and Markets has announced the addition of the “Lamination Adhesives Market – Forecasts from 2017 to 2022” report to its offering. Adhesives are utilized for joining and amassing of various materials surfaces. Laminating adhesive has its application in numerous professional as well as household uses. It is particularly intended to join or settle two unique surfaces together. These adhesives can comprise of substances such as polyvinyl acetate, polyurethanes, styrene block, epoxy, and ethylene vinyl acetate and are broadly pertinent in minimizing weight, vibration-dampening joint and spillage control of fluids or gasses. Lamination adhesives are being employed as a raw material by converters delivering flexible packaging for consumer durables and pharmaceutical industries. Rapid modernisation across end-user industries in conjunction with expanding production base globally is a key factor driving the lamination adhesives market over the next six years. Strengthening of major consumer markets and extensive application of low volatile organic compound (VOC) and environment-friendly adhesives will also contribute to growth. Asia Pacific region is witnessing a fast growth due to the increasing production facilities by global as well as newer domestic players. This region is also expected to display better growth opportunities in the future, primarily because of wide manufacturing base supported by favorable government initiatives. North American market for laminating adhesive is pacing towards maturity, while European market is projected to witness moderate growth over the fore next six years.
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