The solvent-based laminating adhesive market consists of chemicals used in the manufacturing of packaging solutions. A boom in the e-commerce segment is fueling high demand for durable and moisture-resistant packaging in various industries, such as consumer goods and pharmaceuticals. These chemicals are also ideal for use in flexible packaging.
The use of hazardous chemicals and the resulting government regulations around producing these adhesives limit market growth. A demand for sustainable and safer alternatives is also contributing to this. However, sustained high growth in the e-commerce market and innovations in formulations that make them more eco-friendly are major opportunities for growth in the solvent-based laminating adhesive market.
