Chemical and Power Industry Trends

Increasing Environmental Concerns Leading to High Demand for Sustainable Packaging Adhesives

The e-commerce industry has been growing rapidly since the past few years. This can majorly be attributed to the increasing disposable income of people, surging penetration of internet, and growing adoption of smartphones all over the globe. Ever since the advent of online shopping, the preference for these platforms has been rising, as they offer people convenient and often cheap services. Customers can get any sort of product delivered to their doorstep without any hassle. 

This expansion of the e-commerce industry is also driving the growth of the packaging industry. Owing to all these factors, the global packaging adhesives market is projected to grow at a significant pace in the coming years. These adhesives are an important part of the packaging industry, and hence, the growth of the industry is bound to lead to their high demand. Packaging adhesives provide the needed strength and resilience to packaging materials so that the inside product can remain safe from any kind of harm.

To learn more about this report: https://bit.ly/3hqBUvP

Currently, the demand for sustainable packaging adhesives has also been growing across the globe. As customers are getting aware regarding the harmful effects of traditional adhesives, they are widely demanding alternate products that won’t cause harm to the environment. Conventional packaging adhesives have had certain recycling issues in the past, such as high product time. However, now innovative products, such as water-based adhesives that are biodegradable and light in weight, have been developed.

These adhesives provide a number of advantages, including high shear and peel strength, tensile strength and high impact and shock resistance, which is why they are extensively deployed for a number of applications in the packaging industry. In addition to this, acrylic adhesives can be cured at room temperature, owing to which, production efficiency is increased. The PU category is expected to register the highest CAGR during the forecast period. Geographically, the Far East region dominated the packaging adhesives market in 2019.

In conclusion, the market is being driven by the expanding e-commerce industry and need for sustainable packaging adhesives.

Read more: https://www.psmarketresearch.com/market-analysis/packaging-adhesives-market

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