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Hot Melt Adhesive Market Research to 2025: Leading Countries, Growth, Drivers, Risks, Opportunities, Forecast & Top Vendors Analysis3M, Sika AG, Jowat SE, Henkel, Arkema Group, Dow Corning, Avery Dennison, Helmitin Inc.
Hot Melt Adhesive Market
Hot Melt Adhesive Industry displays the production, revenue, price, and market share and growth rate 2025. Hot Melt Adhesive Market provides study of Dominated Companies, Growth Drivers, Product Type, Applications, Classifications, End Users, Supply-Demand, regional output and Industry Chain Structure Forecast till 2025.
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Hot Melt Adhesive (HMA) Market accounted for USD 6.50 billion 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.
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.
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.
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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.
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
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