Title: Hot Melt Amorphous Polyalphaolefin Market statistics and research analysis released in latest report
1Hot Melt Amorphous Polyalphaolefin Market
industry analysis research and trends report for
2017-2024
2Global Market Scenario of Hot Melt Amorphous
Polyalphaolefin Market
- Hot Melt Amorphous Polyalphaolefin (APAO) Market
size will likely surpass USD 380 million by 2024
according to a new research report by Global
Market Insights, Inc. -
- Growing awareness about personal hygiene along
with improving sanitary situation in developing
countries will result in high demand for personal
hygiene products. - This will fuel the growth of hot melt APAO market
during the forecast period as these adhesives are
employed in manufacturing carious sanitary
products. - Demand for personal hygiene products such as baby
adult diapers, feminine hygiene products, etc.
have grown substantially in the last two decades.
3Continue.....
- Copolymers and homopolymers are the two product
segments under the global hot melt APAO market.
Homopolymers category market value is estimated
to surpass USD 100 million in 2024. - This category will grow due to their higher
strength and stiffness and their usability in
structures requiring corrosion resistance.
Copolymers segment of the global hot melt APAO
market will likely grow with a CAGR exceeding 6.
Copolymers segment can be characterized with
toughness in lower temperatures, durability, and
stress crack resistance. - Global hot melt APAO market, in terms of
application, is segmented as paper packaging,
woodworking, product assembly, personal hygiene,
bookbinding, and other application types.
Woodworking application segment market value is
forecasted to be above USD 45 million in 2024,
growing at CAGR exceeding 5.5. - Product assembly segment of the global hot melt
APAO market will likely grow with a CAGR of
almost 6 to a value of above USD 55 million by
2024. -
4U.S. Hot Melt Amorphous Polyalphaolefin (APAO)
Market size, by application, 2013 2024 (USD
Million)
5360 Analysis
Application Analysis Global hot melt APAO market
is categorized into six segments as per its
application. These include paper packaging,
bookbinding, personal hygiene, product assembly,
woodworking, and other applications, including,
automotive assembly, textiles, plastics, etc.
Paper packaging application segment has more
than a third share of the overall hot melt APAO
market owing to the wide-ranging use of the
product in this industry. Regional
Analysis North America and Europe has a
substantial share of the global hot melt APAO
market owing to the developed packaging industry
in those regions and increasing demand for
packaged food products. Increased penetration of
e-commerce in North America and Europe has also
resulted in a high demand for hot melt adhesives
needed for packaging. Competitive Market
Share Global hot melt APAO market is
characterized by the presence of several large
multinational companies such as Henkel AG
Company, Evonik Industries, Arkema, Eastman
Chemical Company, Huntsman Corporation, H.B.
Fuller, and REXtac.
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