The global packaging adhesives market is estimated to value US$ 7,263.4 million in 2017, and is projected to register a CAGR of over 5% in terms of value during forecast period 2017–2026. The first five-year cumulative revenue (2017–2021) from the water-based segment in the global packaging adhesives market is projected to be US$ 40,237.5 Mn, as compared to a higher cumulative revenue for the latter five years of the forecast period (2022–2026).
Global Packaging Adhesives Market Segment Analysis:
Analysis by Packaging Adhesives Technology:
Among all technology segments, water-based technology segment in the global packaging adhesives market is expected to register a CAGR of over 5% over the forecast period.
Analysis by Application:
Among all the application segments, flexible packaging segment is projected to register highest CAGR of over 5% owing to increasing demand for packaging adhesives.
Analysis by Region:
North America market is anticipated to grow at a steady growth rate, while demand for packaging adhesives in Europe region is foreseen to expand at moderate pace in near future.
Global Packaging Adhesives Market Competitive Analysis:
Global packaging adhesives market Companies Profiles are B. Fuller, 3M Company, Sika AG, The DOW Chemical Company, Bostik SA (Arkema Group), Henkel AG & Company, KGaA, Royal Adhesives & Sealants, Jowat SE, Dymax Corporation, Avery Dennison Corporation.
Source of Infographics: Packaging Adhesives Market Infographics by MarketResearch