Adhesives & Sealants Headlines / News / Converting/Packaging / Market Trends

Paperboard and Packaging Adhesives to See High Growth

September 4, 2013

The global market for paperboard and packaging adhesives is expected to reach $16.9 billion in 2018, according to “Global Adhesives for Paperboard and Packaging Industry 2013-2018: Trend, Profit and Forecast Analysis,” a new report from Research and Markets. The market, which is consolidated, is characterized by high competitive rivalry due to fixed costs, high economies of scale, and industry saturation. The driving forces behind the development of the industry include increasing consumer protection and improved distribution of food and other packaged items in terms of both quality and quantity.

The industry is likely to witness considerable growth as the growing market for consumer goods accelerates the demand for adhesives for paperboard and packaging, according to the report. The industry faces serious challenges from the increase in the cost of raw materials. An increasing degree of price volatility has threatened the balance between price and quality. Curtailing costs in an unfavorable business environment, maintaining efficiency and quality, regulatory pressures, substantial overcapacity issues, and inflation affect industry growth.

The study discusses changes in the structure of the chemical industry’s approach to producing ethylene and propylene, which are essential for industries such as adhesives. Growth and merger and acquisition activity in the industry had been driven by the need for new technology, product innovation, and geographic expansion.

For more information visit www.researchandmarkets.com.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI October 2014 cover

2014 October

You won't want to miss our October issue: industry trends from the ASC, converting and packaging, testing, a preview of The Assembly Show, and more!

Table Of Contents Subscribe

Shareholders

Should shareholders have a say in how the money they've invested in a corporation is spent on politics - or if it is spent on politics at all?
View Results Poll Archive

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.