The Global Water-Based Lamination Adhesive Market growth & Industry
Market Analysis and Size
The packaging industry has been evolving in recent years, with the manufacturing and industrial sectors adapting to flexible packaging. The rigid packaging industry is dropping its share to the flexible packaging industry in the worldwide packaging industry.
Data Bridge Market Research analyses that the water based lamination adhesive market was valued at USD 4689 million in 2021 and is expected to reach USD 6516.61 million by 2029, registering a CAGR of 4.2% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Water based laminating adhesives are a type of adhesive used to bond materials together in the manufacturing industry. Due to their long-term and robust bond formation properties on different surfaces such as metal, glass, wood, or plastic, they have been broadly adopted. Water based laminating adhesives compositions consist of a resin system which contains a polymer binder with water added during processing.
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