Canada Flexible Packaging Laminating Adhesives market size will be 75.11 Million USD in 2024
Published Date: 2019/1/3
Flexible packaging laminating adhesives downstream is wide, and the major fields are food packaging, medical packaging, industrial packaging and others. In recent years, social economy has developed rapidly. For increasing demand of flexible packaging laminating adhesives, there is also a certain space in the next few years.
Flexible packaging laminating adhesives has three types, which include water based laminating adhesives, solvent based laminating adhesives and solvent-free laminating adhesives. And each type has application industries relatively. With development of downstream market, flexible packaging laminating adhesives has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce environmental protection and good performance flexible packaging laminating adhesives through improving technology.
The major raw materials for flexible packaging laminating adhesives are chloroprene rubber, SBS, acrylic, polyurethane, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of flexible packaging laminating adhesives. The production cost of flexible packaging laminating adhesives is also an important factor which could impact the price of flexible packaging laminating adhesives.
QYR tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The Canada Flexible Packaging Laminating Adhesives market size was 66.93 Million USD in 2017 and it will be 75.11 Million USD in 2024, with a CAGR 1.66% from 2017 to 2024.
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Great information about packaging
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