Press release
Hot Melt Adhesives Market Report 2018, Growth Opportunity, Size Estimations, Regional Outlook and Industry Share 2023
Hot Melt Adhesives Market is boosted by the growing demand from Food Packaging, Buildings & Construction and Wood Working
The market has multiple significant players owing to which it experiences continuous development in the product and by offering new variants, brands try to stay afloat. For instance, the U.S.-based packaging solution providers Packsize has recently launched a hot melt adhesive designed to remove stickiness from the product.
Market Analysis:
Some of the prominent wielders in the Global Hot Melt Adhesives Market are Henkel AG & Co. KGaA (Germany), Arkema (France), Huntsman International LLC. (U.S.A.), The 3M Company (U.S.A), Dow Corning Corporation (U.S.A.), and Sika AG (Switzerland).
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/4640
Segmentation:
The Global Hot Melt Adhesive Market is segmented into Type and Application.
Type-wise segmentation includes ethylene vinyl acetate and polyolefin hot melts. Among these, Ethylene Vinyl Acetate Hot Melt Segment commands the market owing to the rising demand for food packaging, construction, and electronics. Its eco-friendliness and reliability can prove to be driving factors in coming years as well. Moreover, it is cost-effective which gives it an advantage over others.
By Application, the market consists food packaging, buildings & construction, woodworking, carton-sealing, and others. Packaging solutions, primarily, food packaging lead the market and expected to do so in years to come.
Drivers and Restraints:
The product has a wide range of application in diverse industries such as food packaging, building & construction, woodworking, carton-sealing, and others. Hot Melting Adhesives allow a strong and flexible bond between materials and are solvent-free. It can be applied to the surface of the components to give them a perfect finish.
Hot Melt Adhesives provide excellent thermal stability and resistance owing to which a large number of industry verticals find it useful in their manufacturing process. The product is safe to store and eco-friendly. Growing call for reducing carbon footprints in industries can act as a driving factor for this industry.
Regional Analysis:
Region-wise, the Global Hot Melt Adhesives Market can be segmented into five key regions namely Asia Pacific (APAC), North America, Europe, Latin America and the Middle East & Africa (MEA).
APAC is expected to emerge as the region with the highest CAGR during the forecast period. Rapid industrialization has prompted demand for hot melt adhesives in end-use industries such as woodworking, general consumer packaging, and electronics, and others. Japan and India are steering the progress owing to significant growth in automobile and transport sector.
Europe leads the global market with the most significant market contribution and is remained to be so during the forecast period. Increasing usage of Hot Melt Adhesives in heavy end-industries such as an automobile, defense, buildings & construction, others in Germany, the U.K. and France can propel the market growth further.
North American market has a huge packaging industry which triggers the sale of Hot Melt Adhesives. The U.S., Mexico, and Canada are regions that contribute the most.
MEA is experiencing a slack in the growth owing to the fall in crude oil prices.
In Latin America, countries such as Brazil, Uruguay, and Argentina are showing significant demand for hot melt adhesives due to rapid production and manufacturing of polyurethane units in heavy end industries.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/hot-melt-adhesives-market-4640
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hot Melt Adhesives Market Report 2018, Growth Opportunity, Size Estimations, Regional Outlook and Industry Share 2023 here
News-ID: 1306790 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Hot
Hot Dip Galvanized Steel Pipe Market Hot Dip Galvanized Steel Pipe Market
The global hot dip galvanized steel pipe market size is projected to grow speedily in the forthcoming years owing to the increasing demand for hot dip galvanized steel pipe from the chemicals industry,
The hot dip galvanized steel pipe provides corrosion resistance to steel which helps to isolate the steel from the environment providing barrier protection. The hot dip galvanized steel pipe has gained importance in the chemicals industry as this…
Meatless Farm Launches First Plant-based Hot Dog That Tastes Like a Real Hot Dog
NEW YORK, NY (February 25, 2021): Meatless Farm, the mission-driven, plant-based food company, is launching a game changing plant-based hot dog – it tastes just like the classic franks loved by all but without any of the overly processed, unhealthy, and often mysterious ingredients that prevent consumers from eating them more often. Crafted with clean and simple plant-based ingredients, Meatless Farm’s hot dog is made with a pea-based protein that…
Hot Dogs and Sausages Market Report 2018: Segmentation by Product (Pork Hot Dogs …
Global Hot Dogs and Sausages market research report provides company profile for Hormel, Bar-S Foods, Pilgrims Pride, Johnsonville Sausage, Kunzler & Co, Vienna Beef, Carolina Packers, WH Group (Smithfield Foods), Tyson Foods (Hillshire Brands), Oscar Mayer, Campofro Food Group and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of…
Hot Dogs and Sausages Market Analysis by Type (Pork Hot Dogs and Sausages, Chick …
The Global Hot Dogs and Sausages Market Research Report is a professional and in-depth study on the current state of the Hot Dogs and Sausages industry. The global Hot Dogs and Sausages market is valued at 69300 million US$ in 2017 and will reach 80500 million US$ by the end of 2025, growing at a CAGR of 1.9% during 2018-2025.
Sausage is a food usually made from ground meat with…
CloudJacket Hot Streak Continues with 2012 Hot Technology Award
Boca Raton, Fla., May 15, 2012 – The flagship CloudJacket Security solution has won the 2012 Hot Technology award, presented by the Network Products Guide on May 8, 2012, at an awards gala in Las Vegas. CloudJacket incorporates the most innovative technology to date from the experts at SECNAP Network Security, who have a rich history of innovation dating to the company’s founding in 2001, with each solution capturing industry…
Hot Property One Thousand Ocean Hosts 'Hot Property' Book Signing in Boca Raton
Boca oceanfront condo rolls out the red carpet for The Kleiers, stars of HGTV’s “Selling New York” and authors of new “Hot Property” novel.
BOCA RATON, Fla. -- One Thousand Ocean, one of the hot properties mentioned in the new novel “Hot Property” by Michele, Samantha and Sabrina Kleier, recently hosted a book signing for the dynamic, mother-and-daughters real estate trio.
The Kleiers of Gumley Haft Kleier, who rose to stardom in…
