Title: Hot Melt Adhesive Market Growth, Demand and Challenges of the Key Industry Players 2028
1Global Hot Melt Adhesive Market Research and
Forecast Report 2023-2028
Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2About IMARC Group
Report Description
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3Report Description and Highlights
Report Description
Global Hot Melt Adhesive Market Research
Report The latest report by IMARC, titled Hot
Melt Adhesive Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028 " the global hot melt adhesive market
reached a value of US 7.6 Billion in 2022. Hot
melt adhesives refer to thermoplastic adhesives
that are commonly non-volatile in nature. They
are solid formulations under normal temperatures
but turn into liquids upon being heated above
their softening point. They are commonly
manufactured by blending thermoplastics with
waxes, plasticizers, fillers, resins, and
antioxidants, with the help of numerous
processes, such as extrusion, screen printing,
melt blowing, spiral spraying, and slot die
coating. They are widely used to form
instantaneous bonds and minimize product weight
while enhancing the overall product appearance.
As a result, they find extensive applications
across numerous industry verticals, including
textile, packaging, automotive, and consumer
electronics. Request Free Sample Report
https//www.imarcgroup.com/hot-melt-adhesive-marke
t/requestsample
4Report Description and Highlights
Report Description
Global Hot Melt Adhesive Market Trends The
global market is majorly driven by considerable
growth in the textile sector. Hot melt adhesives
are widely used in the sector for forging durable
bonds in moisture-resistant textiles that are
generally pre-treated with hydrophobic polymers.
Moreover, the increasing utilization of these
adhesives in the packaging industry for
assembling, sealing, and labeling corrugated
boxes and paperboard cartons is also providing an
impetus to the market growth. This is further
supported by the growing preference for
corrugated packaging across the food and
beverages industry since they are sustainable and
affordable in nature. Furthermore, these
adhesives are increasingly being used in the
automotive industry for trunk lining, emblem
attachment, seat assembly, and air filter
attachments. Significant growth in the automotive
sector is creating a positive outlook for the
market. Some of the other factors contributing to
the market include the rising demand for
fully-assembled and laminated furniture and the
launch of advanced product variants that offer
high heat resistance, UV protection, and
excellent binding strength. On account of the
aforementioned factors, the market is expected to
grow at a CAGR of 5.3 during 2023-2028. Looking
forward, the market value is projected to reach a
strong growth during the forecast period
(2023-2028).
5Report Description and Highlights
Report Description
Market Summary Breakup by Resin Type
Ethylene Vinyl Acetate (EVA) Styrenic B
lock Copolymers (SBC) Mettalocene Polyol
efin (MPO) Amorphous Polyalphaolefins (A
PAO) Polyolefins Polyamides
Polyurethane (PU) Others Breaku
p by Application Packaging Au
tomotive Printing and Publishing
Furnitures and Woodwork Textiles
Electronics
6Report Description and Highlights
Report Description
Construction Others Breakup b
y Product Form Pellets Blocks
Glue Sticks Others Breakup
by Region North America
United States Canada
Asia Pacific China
Japan India
South Korea Australia
Indonesia
7Report Description and Highlights
Report Description
Others Europe
Germany France
United Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and A
frica
8Report Description and Highlights
Report Description
- Competitive Landscape with Key Players
- 3M Company
- Arkema S.A. Ashland Global Holdings Inc. Avery De
nnison Corporation Beardow Adams Ltd. Dow Inc. H
.B. Fuller Company Henkel AG Co. KGaA Jowat SE P
aramelt B.V. Sika AG Wacker Chemie AG. - View Full Report with TOC List of Figure
https//www.imarcgroup.com/hot-melt-adhesive-marke
t
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We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11Report Description and Highlights
Report Description
2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
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and reliable at the time of publishing.
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