Research and Markets: Global Packaging Adhesives Market 2015-2019 with 3M Company, Avery Dennison, Bostik, HB Fuller & Henkel Dominating
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/nxn48h/global_packaging) has announced the addition of the “Global Packaging Adhesives Market 2015-2019” report to their offering.
The global packaging adhesives market to grow at a CAGR of 5.85% over the period 2014-2019.
The report, Global Packaging Adhesives Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, North America, and ROW; it also covers the global packaging adhesives market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the key trends expected to gain traction in the market during the forecast period is the popularity of pressure-sensitive adhesives. These adhesives work on the principle of polar attraction and are applied using pressure rather than chemical or mechanical reactions. There is no requirement for elaborate equipment, which saves time and labor costs.
According to the report, companies’ increased focus on product innovation and R&D is primarily driving market growth. Companies are trying to differentiate their product offerings using advanced technology that enables high-quality features. A shift from conventional petroleum-based adhesives to bio-based adhesives that use eco-friendly ingredients has led to the development of new bonding agents and new processes for the assembly of materials.
Further, the report states that one of the key challenges to the growth of this market is the increase in regulatory barriers by authorities such as REACH and the US EPA. Vendors in the market have been facing pressure to produce adhesive solutions that emit less VOCs. Solvent-based adhesive formulations, which are required in some applications to get the desired results, contain high levels of hazardous compounds that are harmful for both humans and the environment.
- 3M Company
- Avery Dennison Corporation
- HB Fuller
Other Prominent Vendors
- Dow Chemical Company
- Rhein Chemie Additives
For more information visit http://www.researchandmarkets.com/research/nxn48h/global_packaging
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