Label Adhesive Market Overview:
The Label Adhesive Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Label Adhesive Market, as well as the causes for variances in the industry’s growth in different regions.
The Label Adhesive Market was valued at USD 12.36 in 2021 and is expected to reach USD 18.05 Bn by 2029 at a CAGR of 4.85% over the forecast period 2022-2029.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
By process, pressure-sensitive adhesives held the highest market share in 2021 and is expected to keep its dominance over the forecast period. Pressure-sensitive adhesives are divided into two categories on the basis of their chemical composition namely ‘rubber-based’ and ‘acrylic adhesives’. The chemical makeup of the product is a major contributor to the performance of the product. Pressure-sensitive adhesives are used on disk drives, consumer goods labels, medical products, architecture, and transportation. They have a broad performance range, from ultra-removable to ultra-high adhesion. These labels are ideal for demanding applications in the electronics, medical, industrial, graphics, and construction. and consumer goods industries. Pressure-sensitive labels are easily removable and recyclable as compared to other labels. Furthermore, tending innovations in pressure-sensitive adhesives such as smart labels, radio frequency identification are expected to create lucrative opportunities for PSA segment over the forecast period.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Label Adhesive Market are as follows:
• PPG Industries, Inc. (U.S.)
• Akzo Nobel N.V. (Netherlands)
• Avery Dennison (U.S.)
• Henkel AG & Co. KGaA (Germany)
• 3 M (U.S.)
• BOSTIK S.A (France)
• H.B Fuller (U.S.)
• The Dow Chemical Company (U.S.)
• Herma (Germany)
• UPM Raflatac (U.S.)
• Ashland Global Holdings Inc. (U.S.)
• Lintec Corporation (Japan)
• ITL Apparel Label Solution
• CCL Industries
• Multi-Color Corporation
• Coveris Holdings S.A.
• Torraspapel Adestor
• Fuji Seal International
• Americk Packaging Group
• C S Labels
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Label Adhesive Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Label Adhesive Market:
End-user industries where Label Adhesive Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Label Adhesive Market manufacturers, influencing the development of the Label Adhesive Market in 2020. End-user business demand for Label Adhesive Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Label Adhesive Market Report are:
In 2021, which segment held the highest proportion of the Label Adhesive Market?
What is the Label Adhesive Market’s competitive landscape?
What are the primary drivers assisting the Label Adhesive Market growth?
Which region has the most market share in the Label Adhesive Market?
What will be the Label Adhesive Market’s CAGR throughout the projected period?
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