Global Hot Melt Adhesives Market size exceeded USD 10.4 billion in 2020 and is estimated to grow at a CAGR of 6% between 2021 and 2027.
Hot melt adhesives are generally solid formulations based on thermoplastic polymers. Hot melt adhesives are solid at room temperature and activate when heated above their softening point, at which point they are liquid and can therefore be processed. After application, they retain the property of wetting the substrate until solidified. After solidification, it has structural integrity and returns to a physical state that can act as an adhesive. Adhesives are applied by rolling, extruding or spraying, and bonding occurs immediately after application or after reheating of the solidified layer. The variety of polymers includes both natural and synthetic polymers and is very broad.
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Market Segments
Based on Resin Type:
- Ethylene-vinyl Acetate (EVA)
- Styrenic Block Copolymers
- Metallocene Polyolefin (mPO)
- Polyamide
- Polyolefins
- Amorphous Poly-alphaolefin (APAO)
- Polyurethane (PU) (including reactive HMA)
- Others
Based on End-use Industry:
- Packaging Solutions
- Nonwoven Hygiene Products
- Furniture & Woodwork
- Bookbinding
Key Players
Some of the major players offering hot melt adhesives in the market are Henkel AG & Co. KGaA, Sika AG, 3M Company, H.B. Fuller Company, The Dow Chemical Company, Ashland Global Holdings Inc., DuPont de Nemours Inc., Huntsman Corporation, Evonik Industries AG, Avery Dennison Corporation, Arkema Group, Westlake Chemical Corporation, Jowat SE, and Beardow & Adams (Adhesives) Limited.
Scope of the Report
The research study analyzes the global Hot Melt Adhesives industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Hot Melt Adhesives Market Report
1. What was the Hot Melt Adhesives Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Hot Melt Adhesives Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Hot Melt Adhesives Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Hot Melt Adhesives market.
- The market share of the global Hot Melt Adhesives market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Hot Melt Adhesives market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Hot Melt Adhesives market.
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