Hot melt Adhesive Market (2021-2026): Global Size, Share, Trends, Analysis & Research Report


 

According to IMARC Group’s latest report, the global hot melt adhesive market reached a value of US$ 6.75 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.5% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Hot melt adhesives refer to solid formulations that are based on thermoplastic polymers. They remain solids under normal temperature but turn into liquids when they are heated above their softening point. Upon solidification, they return to a physical state with structural integrity and can act as an adhesive. Hot melt adhesives are manufactured by mixing thermoplastics with waxes, plasticizers, resins, fillers, and antioxidants. Compared to other adhesives, these adhesives bond instantly with plastics, ceramics, glass, paper, wood, rubbers, metal, etc. As a result, hot melt adhesives find extensive applications across the packaging, construction, food and beverage, textiles, and automotive industries.

Request Free Sample Report: https://www.imarcgroup.com/hot-melt-adhesive-market/requestsample

Market Trends

The expanding packaging sector is primarily catalyzing the demand for hot melt adhesives for sealing, assembling, and labeling corrugated boxes, paperboard, and other packaging products. Furthermore, rising infrastructural development is also augmenting the use of hot melt adhesives for binding ceramics, wood panels, flooring materials, and reengineered plastics. Additionally, hot adhesives are increasingly being used in the food and beverages sector for the packaging processed food and drinks as they are free from volatile organic compounds (VOCs) that cause foul odor and can deteriorate the food quality. Besides this, the advent of the PUR technology has led to the introduction of advanced product variants providing high heat resistance, UV protection, and superior binding strength, thereby further driving the global market for hot melt adhesives.

Explore Full Report with Detail Analysis with COVID-19 Impact –  https://www.imarcgroup.com/hot-melt-adhesive-market

List of Key Companies Covered in this Market Report:

  • 3M Company
  • Arkema S.A.
  • Ashland Global Holdings Inc.
  • Avery Dennison Corporation
  • Beardow & Adams Ltd.
  • Dow Inc.
  • B. Fuller Company
  • Henkel AG & Co. KGaA
  • Jowat SE
  • Paramelt B.V.
  • Sika AG
  • Wacker Chemie AG

The report has segmented the market on the basis of resin type, application, product form and geography.

Breakup by Resin Type:

  • Ethylene Vinyl Acetate (EVA)
  • Styrenic Block Copolymers (SBC)
  • Mettalocene Polyolefin (MPO)
  • Aamorphous Polyalphaolefins (APAO)
  • Polyolefins
  • Polyamides
  • Polyurethane (PU)
  • Others

Breakup by Application:

  • Packaging
  • Automotive
  • Printing and Publishing
  • Furnitures and Woodwork
  • Textiles
  • Electronics
  • Construction
  • Others

Breakup by Product Form:

  • Pellets
  • Blocks
  • Glue Sticks
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2014-2019)
  • Market Outlook (2020- 2025)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Marke1t forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Comments

Post a Comment

Popular posts from this blog

Workforce Management Market is expected the to grow at a CAGR of around 14% during 2021-2026

Image
 According to IMARC Group’s latest report, The   global workforce management market   exhibited strong growth during 2015-2020. Looking forward, the market is expected the to grow at a CAGR of around 14% during the forecast period (2021-2026). We are regularly tracking the direct effect of  COVID-19  on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Workforce management (WFM) includes processes that enable an organization to track performance and optimize the productivity of their employees. It effectively forecasts labor requirements and manages staff schedules for accomplishing different tasks regularly. It also helps in improving labor planning, lowering operational costs and providing better customer services. As a result, workforce management software is utilized in the healthcare, and banking, financial services and insurance (BFSI) sectors, which are involved in high time-sensitive tasks. Get Sa
Read more

Micro and Nano PLC Market Size 2021-2026: Share, Trends, Growth, Outlook, Key Players and Research Report - IMARC Group

Image
 According to IMARC Group’s latest report, titled “Micro and Nano PLC Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the market grew at a CAGR of around 6% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Micro and nano programmable logic controllers (PLC) refer to small-sized electronic devices designed to control and monitor basic industrial machines. They generally include power supply units, input/output modules and programming devices, along with simulation, motion control and redundancy software. They also help in monitoring assemble lines, input devices, robotic devices and other equipment that require serial communications. These PLCs eliminate the need for hardwiring and rewiring traditionally used r
Read more

Mobile and Wireless Backhaul Market 2021 Report, Trends, Demand, Regional Analysis and Forecast 2026

 According to IMARC Group’s latest report, titled “ Mobile and Wireless Backhaul Market Report : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global mobile and wireless backhaul market exhibited strong growth during 2015-2020. Looking forward,  the market expected to grow at a CAGR of around 12% during 2021-2026. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Mobile backhaul refers to the connection of cell site air interfaces with data centers via wireline and wireless networks. It aids in improving network timing, enhancing network strength, increasing user speed, and synchronizing operations, administration, maintenance, and provisioning (OAMP). The wireless backhauls utilize microwave and satellite communication infrastructure to transmit the internet and data from nodes to the central network. They are highly
Read more