Press release
Hot Melt Adhesives Market: H.B. Fuller, Bostik, 3Mcompany, The Dow Chemical Company, Jowat Adhesives, Avery Dennison, Ashland
EVA hot melt adhesives market size will witness gains at above 5%. It is majorly used in woodworking, paper, and automobile industries due to durability, versatility, and intact adhesion. Shift in consumer preference towards packed products consumption accompanied with FDA regulations regarding indirect or direct food contact should promote product demand. Hot Melt Adhesives Market size is set to exceed USD 10 billion by 2024; according to a new research report by Global Market Insights, Inc.
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Hot melt adhesive market consumption from packaging applications should witness significant gains to surpass USD 3 billion by 2024. They are mainly used in food & beverages packaging & labelling as they have good adhesion and high intact properties.
Increasing emphasis on bio-based hot melt adhesives market development mainly for packaging applications should drive industry growth. It does not contain any hazardous materials along with favourable government guidelines, thereby making it suitable for food & beverage packaging applications.
Key raw materials, styrenic block copolymers (SBC), polyamide, polyolefin, polyurethane, and ethylene vinyl acetate (EVA) are used for production process. EVA is most widely used raw material hot melt glue production owing to superior performance and low cost. These raw materials are used in various applications and may face supply deficit and impact hot melt adhesives market price trend.
U.S. polyester hot melt adhesives market size should register close to 5% growth. It is prominently used in textiles & fabrics, footwear and automobile industries. Strong outlook towards textile industry and protective clothing along with increasing high efficiency and light weight automobile production should drive regional growth.
Germany hot melt adhesives market size from disposables application should witness gains at over 5%. Positive application outlook in female hygiene, baby diapers and adult incontinence should drive industry growth. The industry is gaining acceptance and importance owing to superior quality properties usually for producing baby diapers, thereby supporting regional growth.
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Styrenic block copolymers HMAs are essential feedstock for pressure sensitive products such as tapes and labels owing to its good heat resistance, high elongation, low temperature flexibility and good adhesion.
China hot melt adhesives market size from automobile application should register over USD 50 million by 2024. It is used in seating, door sealant, auto seat upholstery, exterior trim bonding, package tray attachment, water shields, and headliner attachment.
Global hot melt adhesives market share is consolidated. Major companies in this industry include 3M Company, Henkel, Bostik, Jowat, Dow Chemical, Sika AG, Ashland, H.B. Fuller, and Avery Dennison.
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Partial Chapter of the Table of Content:
Chapter 3 Hot Melt Adhesives Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/Partnership
3.3.2.2 Technology Provider/Licensing
3.3.2.3 Service Providers
3.3.2.4 Contract Manufacturing
3.4 Pricing trends
3.4.1 Raw material supply trends
3.4.1.1 EVA
3.4.1.2 Polyurethane (PU)
3.4.1.3 SBC
3.4.1.4 Polyolefins
3.4.1.4.1 Ethylene
3.4.1.4.2 Propylene/polypropylene
3.4.2 Regional pricing
3.4.2.1 EVA Hot Melts
3.4.2.2 SBC Hot Melts
3.4.2.3 AMOP Hot Melts
3.4.2.4 Metallocene PO Hot Melts
3.4.2.5 PU Hot Melts
3.4.2.6 Polyamide Hot Melts
3.4.2.7 Polyester Hot Melts
3.4.3 Cost analysis
3.5 Regulatory landscape
3.5.1 U.S.
3.5.2 Europe
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Intensifying product usage across various industries
3.6.1.2 Positive outlook of adhesive in Asia Pacific
3.6.1.1 Low VoC content in adhesives
3.6.2 Industry pitfall & challenges
3.6.2.1 Fluctuating raw material prices
3.7 Innovation & sustainability
3.8 Polymer comparison
3.8.1 PUR and EVA
3.8.2 Metallocene and EVA
3.8.3 Polyolefin and polyamide
3.9 Technology comparison
3.9.1 Water based adhesives v/s Hotmelt adhesives
3.10 Growth potential analysis
3.10.1 Potential application
3.11 Porter’s analysis
3.12 Company market share analysis, 2015
3.12.1 Strategic dashboard
3.13 PESTEL analysis
Chapter 4 Hot Melt Adhesives Market, By Product
4.2 Ethylene Vinyl Acetate (EVA)
4.3 Styrenic Block Copolymer (SBC)
4.4 Amorphous poly-alpha-olefin (AMOP)
4.5 Metallocene Polyolefins (MPO)
4.6 Polyurethane (PU)
4.7 Polyamide (PA)
4.8 Polyester
Chapter 5 Hot Melt Adhesive Market, By Application
5.1 Hot melt adhesives by application market share, 2015 & 2024
5.2 Packaging
5.3 Disposables
5.4 Pressure sensitive products
5.5 Book binding
5.6 Furniture
5.7 Footwear
5.8 Automobile
5.9 Textile
5.10 Electronics
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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