The global hot melt adhesives market size is expected to reach USD 9.10 billion in 2032 and register a steady revenue CAGR of 4.8% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for reactive Hot Melt Adhesives (HMA) over traditional adhesives is a key factor driving market revenue growth. Solvent-based adhesives have been widely used in many traditional industrial applications. However, newer hot melt adhesives are quickly replacing them due to their superior productivity, more affordable pricing, and environmental friendliness. Hot melt adhesives harden faster than solvent-based ones, enabling higher production speeds and quicker assembly times. In addition, items bonded with hot melt adhesives can be reheated, allowing for efficient repairs and adjustments. Unlike solvent-based adhesives, hot melt adhesives eliminate Volatile Organic Compounds (VOCs), which are harmful emissions potentially linked to cancer. This makes hot melt adhesives a safer and more environment-friendly choice, as these comply with VOC regulations and have low or zero VOC content. Furthermore, manufacturers are increasingly focusing on using environment-friendly products, leading to a higher demand for hot melt adhesives, thus driving revenue growth of the market.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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The leading market contenders listed in the report are:
Exxon Mobil Corporation, Dow, 3M, Henkel Adhesives Technologies, Focke Group, TEX YEAR INDUSTRIES INC., H.B. Fuller Company, Arkema, Sika and Bostik
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Hot Melt Adhesives (HMA) market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Resin Type Outlook (Revenue, USD Billion; 2019–2032)
- Ethylene-Vinyl Acetate (EVA)
- Styrenic Block Copolymers
- Metallocene PO (mPO)
- Polyamide
- Polyolefins
- Amorphous Poly-alphaolefin (APAO)
- Polyurethane
- Others
-
Application Method Outlook (Revenue, USD Billion; 2019–2032)
- Hot Melt Glue Guns
- Hot Melt Roll Coaters
- Spray Guns and Nozzles
- Bead and Slot Extrusion
- Slot Die Coating
-
End-use Outlook (Revenue, USD Billion; 2019–2032)
- Packaging Industry
- Carton and Box Sealing
- Case and Tray Forming
- Woodworking and Furniture
- Edge Banding
- Profile Wrapping
- Non-Woven Industry
- Hygiene Products (diapers, sanitary napkins)
- Medical Products (surgical drapes, gowns)
- Automotive and Transportation
- Interior Trims
- Headliners and Carpets
- Electronics
- Potting and Encapsulation
- Wire Tacking and Bonding
- Construction
- Insulation Panels
- Tile Adhesives
- Textile and Apparel
- Seam Sealing
- Applique and Embellishment
- Bookbinding and Printing
- Spine Gluing
- Book Cover Lamination
- Assembly and Product Assembly
- Packaging Industry
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America U.S., Canada)
Europe U.K., Italy, Germany, France, Rest of EU)
Asia Pacific India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Hot Melt Adhesives (HMA) Market report:
- The latest report comprehensively studies the global Hot Melt Adhesives (HMA) market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Latest Published Reports by Emergen Research:
- Hot Melt Adhesives Market Size
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- Hot Melt Adhesives Market Trends
- Hot Melt Adhesives Regional Market Demand
- Hot Melt Adhesives Market Analysis
- Hot Melt Adhesives Market Top Companies
- Hot Melt Adhesives Market News
- Hot Melt Adhesives Market Executive Summary
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