The North America laminating adhesives market is slated to witness considerable growth over the coming years owing to excellent adhesion properties, chemical & heat resistance properties and increasing demand from numerous end-user industries such as packaging, automotive & transportation, industrial among many others.

Lamination is referred as a process of putting together two or more than two flexible webs together supported by a bonding agent, namely adhesive. The subsequent substrates making up the webs could either be aluminum foil or biofilm or paper. The adhesive is generally applied to the least absorbent substrate, and the other web is pushed on it to form a two-layer laminate.

Laminating adhesives, which are important for highly functional laminate composites, need performance as well as functions that are appropriate for properties of film materials. In order to hold the substrates together specifically for the life of the laminate, the adhesive may have to perform specific other functions that are important to the success of the ultimate product. Further, the additional functions might include heat and chemical resistance, capability of thermoforming, electrical conductivity or insulation, flame resistance, decreased or increased gas permeability, and optical clarity.

The other considerations while choosing an adhesive for lamination comprise of formulating flexibility, mechanical bond strength, and adhesion. It is to be noted that the adhesives must be formulated properly so that any water carrier or solvent could be removed either before or after the nip.

North America laminating adhesives market is bifurcated into different segments in terms of technology, resin, and end-user.

With respect to technology, the North America laminating adhesives market is segmented into water based, solvent less, solvent based, and others. Solvent-based laminating adhesives segment is used across various end-user industries including packaging, automotive, aerospace, industrial. One of the most popular known solvent-based laminating adhesives is polyester. In fact, these materials provide exceptional adhesion to polyester film along with providing superior adhesion to various other metal foils and polymeric films.

Meanwhile, the other laminating adhesive technology segment will grow at a CAGR of more than 4.5% over the forecast time period.

Based on resin, the overall market is categorized into acrylic, polyurethanes, and others. Among these, acrylic resin segment will witness tremendous growth over the coming years. In 2019, the segment held the largest share of around 49.67% in the overall laminating adhesives market. The acrylic laminating adhesives market will further be driven by high performance properties in comparison to cost. Acrylic solvent solutions can be utilized for wet laminating but are commonly found in dry laminating applications.

In terms of end-user, the overall North America laminating adhesives market is classified into automotive & transportation, industrial, packaging, and others. Among these, other end-user segment will cover a volume share of around 10% by the end of the analysis timeline.