Hot Melt Adhesives Market (By Type: EVA, PUR, SBS/SIS, HMPSA, PA, and Others: By Application; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 - 2024

  • Product Code:
    RP-ID-10325440
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    150
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Hot Melt Adhesives Market is expected to reach $11.1 billion by 2024 growing at a CAGR of 6.5% from 2016 to 2024. The hot melt adhesives are thermoplastic materials that provide optimal hold by the process of melting and solidifying. They are available in the form of granules, powder, blocks, ribbons, foil, slats, and others. Special application equipment is required to operate in high temperature range needed to apply the hot met adhesives. Currently, dispensers and glue guns are most widely used equipment. These adhesives are widely used in consumer goods and construction industries for manufacturing pressure-sensitive products.

Some of the major drivers of global hot melt adhesives market are rising need for replacing other adhesive technologies, increasing demand from packaging industry, growth in non-woven disposable industries, and need for high-performance solutions. However, fluctuating price of raw materials and low thermal may hamper the market growth. Moreover, market expansion, and rising trend of printed and graphic products would create growth opportunities in the coming years.

The global hot melt adhesives market is categorized on the basis of type, application, and geography. Type segment includes polyurethane (PUR), ethylene-vinyl acetate (EVA), styrene block copolymers (SBS/SIS), hot melt pressure sensitive adhesives (HMPSA), polyamide (PA), and other types. Application is segmented as electronics, packaging, wood and furniture, non-woven/hygiene, automotive, construction, and other applications.

Based on geographical analysis, global hot melt adhesives market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, Italy, France, and rest of Europe. Asia-Pacific is segmented into China, India, Japan, South Korea, and rest of Asia-Pacific, while RoW is bifurcated into South America, Middle East, and Africa.

The key players competing in this market include Sika AG, 3M Company, Worthen Industries, Toyobo Co., Ltd., Dow Corning, Jowat SE, Palmetto Adhesives Company, Henkel AG & Company, American Chemical Inc., and Beardow & ADAMS (Adhesives) Limited, among others.

The key takeaways from the report:
The report will provide detailed analysis of Global Hot Melt Adhesives Market with respect to major segments such as type, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Hot Melt Adhesives Market will be included in the report
Profile of the key players in the Global Hot Melt Adhesives Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of Global Hot Melt Adhesives Market:
Type Segments
Ethylene-Vinyl Acetate (EVA)
Polyurethane (PUR)
Styrene Block Copolymers (SBS/SIS)
Hot Melt Pressure Sensitive Adhesives (HMPSA)
Polyamide (PA)
Other Types
Application Segments
Packaging
Electronics
Wood and Furniture
Automotive
Non-Woven/Hygiene
Construction
Other Applications
Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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