Global Hot Melt Adhesives Market

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Hot Melt Adhesives Market 2026 by Global Industry
Outlook with Strategic Overview "The global Hot
Melt Adhesives market was valued at USD 7.8
billion in 2018 and is expected to reach USD
12.5 billion in 2026, growing at a CAGR of 5.9
during the forecast period." Rising demand from
packaging in global market which is coupled with
adoption of bio-based hot-melt adhesives is
resulting into growth of hot melt adhesives
market globally. Hot melt adhesives are solid
form, thermoplastic glue which finds major
applications in packaging and building
construction industry sectors. Hot melt adhesives
are applied by using a hot glue gun. These
adhesives are in solid form, which eliminates the
risk of degradation in a humid environment. The
most essential market for hot melt adhesives has
been packaging industry in which the creation of
packaging goods such as tapes and labels has
been witnessing enormous growth. Moreover,
enhancements in living standards and rising
disposable incomes in developed as well as
developing economies have resulted in demand for
various products which require packaging. On the
other hand, the rising market for online retail
is acting as a catalyst in transforming the hot
melt adhesive industry by offering numerous
growth opportunities. Get Free Sample Report
with Tables and Figures_ https//www.alltheresearc
h.com/sample-request/246 Hot melt adhesives
(HMA) is defined as a type of thermoplastic
adhesive material which is used in several
industrial applications including packaging and
building construction. Holt melt adhesives are
also known as hot glue as it is applied over
target area by using hot glue gun which uses a
heating element in order to melt the adhesive.
These adhesives do not consist formaldehyde
which has several adverse effects on human and
environment health due to which hot melt
adhesives are gaining popularity globally.
Moreover, hot melt adhesives come in solid form
which eliminates the risk of losing physical
properties in humid weather conditions.
Additionally, the application of hot melt
adhesives is very easy and do not require costly
shutdown and start up process during
application. Based on distribution channel, the
offline segment is estimated to hold the highest
market share in 2018 Based on the distribution
channel, the market has been segmented into
online and offline. In 2018, the offline segment
is accounted for the highest market share of
almost 75 in the global market. Moreover, the
online segment registers for the higher
penetration rate in the future owing to the
incorporation of the last-mile delivery system is
transforming the online sales channel of supply
chain globally resulting in huge demand for
e-commerce segment. Company Profiles and
Competitive Intelligence The major players
operating in the global hot melt adhesives market
are 3M Company (U.S.), Arkema (France), Dow
Corning (U.S.), H.B. Fuller (U.S.), Henkel AG
Company KGaA (Germany), Jowat SE (Germany),
Beardow Adams (Adhesives) Limited (U.K.),
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• Avery Dennison (US), Tex Year Industries Inc.
  (US) and Sika AG (Switzerland) among others.
• For Other Requirement_ https//www.alltheresearch.
  com/customization/246
• The hot melt adhesives industry is primarily
  driven by demand from packaging and building
  construction industry which require these
  adhesives on a regular basis. The demand is
  essentially seen from developing economies such
  as India and China which has resulted in the
  fastest growth rate for Asia Pacific region.
• Key Findings
• Based on the resin type, the ethylene vinyl
  acetate (EVA) segment is expected to grow at the
  highest CAGR of around 8 during the forecast
  period
• Based on the distribution channel, in 2018, the
  offline segment is accounted for
• the highest market share in terms of value of
  almost 75 in the global market
• Based on the end use industry, the packaging
  segment came out as a leading sector for the
  global hot melt adhesives market, in 2018
• On the basis of region, North America region
  which is fuelled by growth in
• consumer goods segment, accounted largest market
  share globally by contributing more than 35
  share in 2018
• Recent News
• In September 2019, US based hot melt adhesives
  manufacturer 3M Company made an announcement of
  new Sealing Tape 375 product launch which helps
  in providing superior industrial packaging
  solutions.
• In May 2019, Sika AG (Switzerland) launched new
  hot melt adhesive Sikamelt - 675 for United
  States market. This is a reactive polyurethane
  hot melt for
• sandwich panel bonding.

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