About flexible packaging adhesives
Flexible packaging adhesives are used as bonding agents in flexible packaging applications. They have excellent clarity, bond strength, and resistance to heat and humidity. Being highly technology driven, the market is rapidly changing from solvent-based adhesives to water-based adhesives, polyurethane adhesives, and acrylic adhesives.
Technavio's analysts forecast the flexible packaging adhesives market in China to grow at a CAGR of 10.10 percent over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the flexible packaging adhesives market in China for the period 2015-2019. Based on technology, the market can be segmented into on the following:
Technavio Announces the Publication of its Research Report – Flexible Packaging Adhesives Market in China 2015-2019
Technavio recognizes the following companies as the key players in Flexible Packaging Adhesives Market in China 2015-2019: Ashland, Evonik Industries, H.B. Fuller, Henkel, Huitian, Shanghai KangDa New Materials, Wacker China, Wuxi Wanli Adhesion Materials Co. Ltd., Yong Yi Adhesive (Zhongshan) Co. Ltd. and Zhejiang Yonghe Adhesive Products Co. Ltd.
Other Prominent Vendors in the market are: 3M, BASF, Bayer, Bostik, DIC, Dongguan Winner Packing Products, Dow Chemical, DSM, Eastman, Jiangxi Ansheng Technology, Mitsui Chemicals Polyurethanes, Paramelt B.V, Rhein Chemie, Sapici, Sika AG, Toyo Ink, Wingtai (Zhongshan)
Commenting on the report, an analyst from Technavio’s team said: “The implementation of stringent environmental regulations by various regulatory bodies and the growing use of bio-based adhesives in various industries is expected to propel demand for eco-friendly or green flexible packaging adhesives. Water-based adhesives are environment-friendly, non-flammable, and easy to clean, and have high solid content. Vendors find the high solid content of these adhesives advantageous in terms of performance and cost, because it allows for more coverage per volume during application. This enables manufacturers to reduce product inventory, transportation costs, and cost per part. Solvent-based products, on the other hand, contain harmful chemicals and VOCs and have low solid content.”
Further, the report states that one of the challenges hindering the growth of the market is the price volatility of feedstock.
Evonik Degussa (China), HB Fuller, Henkel (China), Huitian, Shanghai KangDa New Materials, TONSAN Adhesive, Wacker Chemicals (China), WUXI WanLi Adhesion Materials, Yong Yi Adhesive (Zhongshan), Zhejiang Yonghe Adhesive Products, 3M, Ashland, BASF, Bayer, Bostik, DIC, Dongguan Winner Packing Products, Dow Chemical, DSM, Eastman, Jiangxi Ansheng Technology, Mitsui Chemicals Polyurethanes, Paramelt, Rhein Chemie, Sapici, Sika, Toyo Ink, Wingtai (Zhongshan)