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Label Adhesive Market by Process, Technology, Substrate Type, Application, Region - Global Forecast to 2022

Label Adhesive Market: Global Forecast until 2022

  • May 2017
  • 225 pages
  • ID: 4933550
In this report:
The PSA segment is expected to grow from ##,##.## kilotons in 2016 to ##,##.## kilotons by 2022, at a CAGR of ##.##%, between 2017 and 2022.
The Iran label adhesive market is expected to grow from ##.## kilotons in 2016 to ##.## kilotons by 2022, at a CAGR of ##.##% between 2017 and 2022.
Hot melt based adhesive is the second largest technology which accounted for the market share of ##.##% in 2016 and it is expected to register a CAGR of ##.##% between 2017 and 2011.

Summary

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The label adhesive market is estimated to rise at a compound annual growth rate of ~4.9 percent between 2017 and 2022

The label adhesive market is estimated to grow ~$13.0B by 2022, at a compound annual growth rate of ~4.9 percent between 2017 and 2022. The market demand for label adhesive has increased in recent years due to their increased consumption in the Asia Pacific (APAC) area. The rise of the label adhesive market is largely driven by the raised demand from the packaging sector. Growing middle class population in the emerging economies is one of the important drivers for the increase ot the label adhesive market, as growing demand for packed beverages and cosmetics packaging and has led label adhesive firms to rise their production capacities. Manufacturers of label adhesives are trying to cater to this increased demand for label adhesive, which, in turn, is leading to the expansion of their businesses.

Among process, the pressure sensitive adhesive segment of the label adhesive market is presumed to grow at the highest compound annual growth rate (CAGR) during the outlook period

The PSA segment of the label adhesive market is expected to increase at the maximal CAGR during the estimate period, 2017 to 2022. The increase of this segment of the industry can be accredited to the increased use of PSA labels, as these are easily removable and recyclable as compared to conventional labels. Clean room labels, high-performance labels, RFID labels, security & smart labels are the trending innovations in the PSA market and are anticipated to lead to an rise in the industry demand for PSAs.

Among substrates type, the PET segment is leading the label adhesive market and is expected to rise at the maximal CAGR (Compound annual growth rate) between 2017 and 2022

The PET user segment is leading the label adhesive process market and is expected to grow at the maximal compound annual growth rate (CAGR) during the outlook period, 2017 to 2022. As economies across the world are becoming stable and there is an improvement in the standards of living in the emerging economies, there is a rise in label adhesive consumption across the world. PET bottles are excellent cold crack resistant and have a very quick set speed for labels which reduces or eliminates label flagging and swimming. The three main packaging applications of PET are containers (bottles, jars, and tubs), semi-rigid sheet for thermoforming (trays and blisters), and thin oriented films (bags and snack food wrappers).

The Asia-Pacific label adhesive market is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period

The Asia-Pacific label adhesive market is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period due to the growing demand for label adhesive from emerging economies, including India, China (CN), South Korea (KR), Vietnam (VN), and Taiwan, among others. Improving standards of living, increasing populations, and increasing per capita incomes are the factors projected to drive the increase of the Asia-Pacific label adhesive market during the outlook period. China (CN) leads the production of label adhesive in the Asia-Pacific region due to low tax rates in the area, together with the presence of low-cost labor and easy availability of raw materials.

Breakup of primary interviews:

• By Company category - Tier 1 - 58.0 percent, Tier 2 - 33.0 percent, and Tier 3 - 9.0 percent

• By Description - C-suite - 50.0 percent, D-level - 33.0 percent, and Others - 17.0 percent

• By Area - North America (NA) - 33.0 percent, EU - 30.0 percent, Asia Pacific (APAC) - 16.0 percent, South America area - 14.0 percent, and Middle East area & African continent - 7.0 percent

Avery Dennison, Henkel AG & Co. KGaA, 3 M, BOSTIK S.A, H.B Fuller, The Dow Chemical Company. Herma, UPM RAFLATAC, Ashland Global Holdings Inc., LINTEC Corporation, and ITL Apparel Label Solution, among others are the key players operating in the label adhesive market.

Segment Research

This industry report offers a in-depth segmentation of the label adhesive market based on resin type, technology, user type, end-user, application, and area. With respect to process, the label adhesive market has been divided into pressure sensitive adhesive, glue applied, in-mold and other. On the basis of technology, the sector has been broken down into water-based and hot melt-based, solvent based and others. With respect to substrates type, the industry has been split into PET bottle, metal container, glass bottle and polyolefin bottle. On the basis of application type, the sector has been divided into permanent adhesives, freezer adhesive, high temperature adhesive, and peelable adhesives. On the basis of area, the industry has been broken down into Asia-Pacific, Europe (EU), North America continent, South America region, and Middle East (ME) & African continent.

Reasons to Buy the Report

From an insight prospect, this market research has emphasized several levels of analyses - industry, market share research of top players in the label adhesive market, value chain study, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high-growth segments of the label adhesive market, high-growth areas, and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on label adhesive offered by the top actors in the label adhesive market

- Product improvement/Modernizations: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the label adhesive market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the sector for label adhesive across varied regions

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the label adhesive market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the label adhesive market

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