Flexible Packaging Adhesives Technology Market in China 2015-2019
About Flexible Packaging Adhesives
Flexible packaging adhesives are used as bonding agents in flexible packaging. Their characteristics include clarity, strength, and resistance to heat and humidity. Based on the technology used in their production, flexible packaging adhesives can be segmented as water-based, solvent-based, hot-melt, solvent-free, and others.
Technavio’s analysts forecast the flexible packaging adhesives technology market in China to grow at a CAGR of 12.37% over the period 2014-2019.
Covered in this Report
Technavio's report, Flexible Packaging Adhesives Technology Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the flexible packaging adhesives market landscape in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Flexible Packaging Adhesives Technology Market in China 2015-2019
Technavio recognizes the following companies as the key players in the flexible packaging adhesives technology market in China: Beijing Comens New Materials, Coim Group, Cromogenia-Units, Dow Chemical, Henkel, Huzhou Ochem Chemical, Mitsui, Sapici, Shanghai KangDa New Materials and Toyo Ink Group
Other Prominent Vendors in the market are: 3M, Ashland, BASF, Bayer, Bostik, Cyberbond Adhesives, DIC, DSM, Eastman, Evonik, H.B. Fuller, Jiangxi Ansheng Technology, Master Bond, Paramelt Specialty Materials (Suzhou), Rhein Chemie Rheinau, ThreeBond Group, Wacker China and WUXI WanLi Adhesion Materials
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 for general purpose and medium-performance packaging applications in various industries is expected to propel the demand for eco-friendly or green flexible packaging adhesives. In recent years, the packaging market in China has witnessed a gradual shift toward water-based adhesives as they are environmentally friendly, non-flammable, easy-to-clean, and contain high solid content. The introduction of bio-based compostable and solvent-free adhesives by major global players for use in general purpose packaging applications in the country has further augmented the popularity of bio-based flexible packaging adhesives. Moreover, with major global green adhesives vendors setting up their own in-house manufacturing units in China, to reduce the cost of meeting the standards set by local regulatory bodies, the trend is expected to have a major impact on the market in China in the coming years.”
Further, the report states that volatile prices and uncertainty in supply of feedstock affects the market as manufacturers of adhesives are forced to cut back on expenses to balance the losses incurred during acquisition of raw materials.
Beijing Comens New Materials, Coim Group, Cromogenia-Units, Dow Chemical, Henkel, Huzhou Ochem Chemical, Mitsui, Sapici, Shanghai KangDa New Materials, Toyo Ink Group, 3M, Ashland, BASF, Bayer, Bostik, Cyberbond Adhesives, DIC, DSM, Eastman, Evonik, H.B. Fuller, Jiangxi Ansheng Technology, Master Bond, Paramelt Specialty Materials (Suzhou), Rhein Chemie Rheinau, ThreeBond Group, Wacker China, WUXI WanLi Adhesion Materials