New Report on Asia-Pacific PUR Hot-Melt Adhesives Market 2018 - 2023 | Analysis by Key Players – 3M, Arkema, DowDupont, Kleiberit, Franklin International, DIC, H.B. Fuller, Henkel AG, Huntsman

Marketprognosis.com Publish a New Market Research Report On “Asia-Pacific PUR Hot-Melt Adhesives Market 2018 - 2023” which contains Asia-Pacific key player’s survey information and forecast to 2023.

Overview of the Asia-Pacific PUR Hot-Melt Adhesives Market:

The Asia-Pacific PUR Hot-Melt Adhesives Market is expected to register a CAGR of 9.11% during the forecast period, 2018 to 2023. China is estimated to lead the market due to rapid increase in its construction activities and automotive production. The electronics segment is expected to be the fastest growing segment by application.

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The demand for PUR hot-melt adhesives is consistently increasing in Asia-Pacific due to the rapid growth in the packaging and electronics segment. The demand for packaging has been steadily increasing in Asia-Pacific, especially in countries, such as, India, China, among other South Asian countries, due to a steady growth in the food-processing sector. Additionally, the rise in work pressure and consumer shift towards modern lifestyle food-needs is increasing the demand for packaged foods, in turn, boosting the demand for PUR hot melt adhesives in the packaging sector.

The demand for PUR hot-melt adhesives in this sector is further propelling by Asia-Pacific gradually becoming the electronics-manufacturing hub. In addition, PUR hot-melts are also used in telecommunication equipment, such as, electronic components and cell phones, due to their properties like oxidation and temperature resistance. Currently, most electronics manufacturers are outsourcing their production to low-cost countries in Asia, especially China, Taiwan, and other South-East ASEAN countries.

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China is globally recognized for its architectural boom. The demand for low-cost housing and commercial housing is the reason for its growth in the recent years. China’s real estate sector has been growing rapidly with increased investment from the government. China’s transport ministry and National Development and Reform Commission (NDRC) planned to invest 724 Billion USD between 2016-2018 for constructing 303 key transportation projects which include railways, highways, waterways, airports, and urban rail. Under the 13th five year plan (2016-2020), the Chinese government is planning infrastructure development of 30,000 km of railway lines and 30,000 km of expressways. The production of light vehicles in China recorded a growth of 1.6% YOY, reaching a total of 24,806,687 units in 2017. The production of trucks in China recorded a growth of 28.5% YOY, reaching a total of 2,257,562 units in 2017. In 2017, the healthcare expenditure in the country increased, as the fiscal spending increased by 10% year-on-year to reach CNY 1.31 billion. All these factors would rapidly drive the market for PUR hot-melt adhesives in China in the forecast period (2018 - 2023).

Major Key Players:

1 3M Company

2 Arkema Group (Bostik SA)

3 DowDupont

4 Kleiberit

5 Franklin International

6 DIC Corp.

7 H.B. Fuller Co.

8 Henkel AG& Co. KGaA

9 Huntsman Corp. and More…………….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of PUR Hot-Melt Adhesives Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.