Global label adhesive market accounted for USD 9.8 billion in 2016 and is projected to grow at a CAGR of 5.1% during the forecast period of 2017 to 2024. Label adhesives are made of three basic materials; acrylic, rubber or acrylic blend. Rubber-based adhesives are low resistant to heat and ultraviolet rays; however acrylic adhesives are much more resistant to solvents, heat and ultraviolet rays. Label adhesives are mainly of three types permanent, removable and repositionable. Label adhesives are used pet bottle, material container, glass bottle, and polyolefin.
Global label adhesive market is expected to rise to an estimated value of USD 16.74 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026
Global Label Adhesive Market, By Technology (Water Based, Hot Melt Based, Solvent Based
Others); By Substrate Type (Pet Bottle, Metal Container, Glass Bottle, Polyolefin Bottle, Others), By Process (Pressure Sensitive Adhesive, Glue Applied, In-Mold, Others),By Application (Permanent Adhesives, Peelable Adhesives, Freezer Adhesive, High Temperature Adhesive) – Industry Trends and Forecast to 2024
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Major Market Drivers:
- Technological advancements in the packaging industry
- Growing demand of permanent label adhesives
- Growing packaging industry
- High labor cost in the developed regions
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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The label adhesivemarket is segmented on the basis of technology into water based, hot melt based, solvent based, and others.Water-based technology is expected to grow at the highest CAGR over the forecast period.
On the basis of substrate type, the market is segmented into pet bottle, metal container, glass bottle, polyolefin bottle, and others. Pet bottle segment is expected to witness the highest demand from the automotive sector over the forecast period.
On the basis of process, the market is segmented into pressure sensitive adhesive, glue applied, in-mold, and others. Pressuresensitive adhesive is expected to grow at the highest CAGR over the forecast period.
On the basis of application, the market is segmented intopermanent adhesives, peelable adhesives, freezer adhesive, and high temperature adhesive.
On the basis of geography, the label adhesivemarket report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacificis expected to dominate the market.
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Label adhesives are made of three basic materials; acrylic, rubber or acrylic blend. Rubber-based adhesives are low resistant to heat and ultraviolet rays; however acrylic adhesives are much more resistant to solvents, heat and ultraviolet rays.Label adhesives are mainly of three types permanent, removable and repositionable. Label adhesives are used pet bottle, material container, glass bottle, and polyolefin.
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