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Hot Melt Adhesive Market Growth 2018 Key Manufacturers : 3M, Helmitin Inc, Tex Year Industries, Inc., Sika AG, Henkel, Dow Corning, Avery Dennison, Arkema Group
Hot Melt Adhesive Market
This Market Report provides exclusive tool for appraising the market, highlighting opportunities, and supporting tactical and strategic decision-making.
Hot Melt Adhesive (HMA) Market accounted for USD 6.50 billion in 2016 and is projected to grow at a CAGR of 6.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Hot melt adhesives (HMA) commonly referred to as hot glue, do not contain solvents or water and have a fast setting speed. Hot melt adhesives consist of three main components; high molecular weight polymer, tackifier and plasticizer. Hot melt adhesives are used in several industries such as packaging solutions, non-woven hygiene products, book binding and furniture.
Hot Melt Adhesive (HMA) Market Major Competitors:
Some of the major players in the hot melt adhesive (HMA) market include-
• 3M Company,
• Arkema Group,
• Avery Dennison Corporation,
• Beardow & Adams (Adhesives) Ltd.,
• DOW Corning Corporation,
• HB Fuller Company,
• Henkel AG & Co. KGaA, Jowat Se,
• Sika AG,
• Tex Year Industries Inc.,
• Adhesive Direct UK,
• Adtek Malaysia SDN BHD,
• Buhnen GmbH & Co. Kg,
• Cherng Tay Technology Co., Ltd.,
• Costchem SRL,
• Daubert Chemical Company,
• Evans Adhesive Corporation, Ltd.,
• Evonik Industries AG,
• Helmitin Adhesives,
• Klebchemie GmbH & Co. Kg,
• KMS Adhesives Ltd.,
• Sanyhot Adhesivos S.A.,
• Sealock Ltd.,
• Toyobo Co., Ltd.,
• Worthen Industries.
Major market drivers:
• Extensive range of applications
• Increasing demand for eco-friendly adhesives
• Increasing demand for the pressure sensitives industries that use HMAs
• Volatility in the raw material prices
• Loss of bond strength at high temperature
Hot Melt Adhesive (HMA) Market Segmentation:
The hot melt adhesive (HMA) market is segmented on the basis of resin type in to:
• ethylene vinyl acetate (EVA),
• styrenic block copolymers (SBC),
• metallocene polyolefin (MPO),
• amorphous polyalphaolefins (APAO),
• polyolefins,
• polyamides,
• polyurethane (PU),
Chemical purging is expected to grow at the highest CAGR over the forecast period.
On the basis of application, the market is segmented in to:
• packaging solutions,
• nonwoven hygiene products,
• furniture & woodwork,
• bookbinding,
• others.
Packaging solutions are further segmented in to:
• corrugated boxes and trays,
• carton
• side-seam closures,
• non-pressure sensitive labels and marking systems,
• flexible packaging,
Nonwoven hygiene products are further segmented in to:
• baby diapers,
• nappies,
• pants,
• adult incontinence,
• feminine care.
Furniture and woodwork are further segmented in to:
• woodworking,
• structural and non-structural wood products.
Book binding are further segmented in to :
• spine binding, and
• cover page and edge bonding.
Others are further segmented into automotive & transport, consumer, footwear and electronics.
On the basis of geography, the hot melt adhesives (HMA) market report covers data points for 28 countries across multiple geographies such as:
• North America,
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Hot Melt Adhesive (HMA) Market Competitive Landscape:
The global hot melt adhesive (HMA) market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Reasons to Purchase this Report
• Current and future of Hot Melt Adhesive market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Key questions answered in the report:
• What will the market growth rate of Hot Melt Adhesive Market in 2024?
• What are the key factors driving the Global Hot Melt Adhesive Market?
• Who are the key manufacturers in Hot Melt Adhesive Market space?
• What are the market opportunities, market risk and market overview of the Hot Melt Adhesive Market?
• What are sales, revenue, and price analysis of top manufacturers of Hot Melt Adhesive Market?
• Who are the distributors, traders and dealers of Hot Melt Adhesive Market?
• What are the Core Materials Market opportunities and threats faced by the vendors in the Hot Melt Adhesive Market industry?
• What are sales, revenue, and price analysis by types and applications of Hot Melt Adhesive Market?
• What are sales, revenue, and price analysis by regions of Hot Melt Adhesive Market industry?
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