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Hot melt adhesives Market Insights on Trends, Drivers and Opportunities by 2022 & key players - 3M Company, American Chemicals Inc., Worthen Industries Inc., Ashland Inc., Wisdom Adhesives, Avery Dennison Corporation

03-11-2019 01:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

/ PR Agency: +1 888 709 8757
Hot melt adhesives Market Insights on Trends, Drivers

Hot Melt Adhesives Market Size and growth Rate:
According to the research report, the global hot melt adhesives market Size was valued at $7,352.1 million in 2017 and is expected to reach $10,258.7 million in 2022, advancing at a CAGR of 5.6% during the forecast period.

Hot Melt Adhesives Market Overview:
The hot melt adhesives market is elevated to have an enormous growth rate during the forecast period. Hot melt adhesives are available in the form a cylindrical sticks which is to be applied using a hot glue gun and basically it is thermoplastic adhesive. The hot melt adhesives are widely used in the industries than any other solvent based adhesives. These can withstand at higher temperatures and also makes the surface wet by spreading the applied adhesive.

Browse details of 124 numbers of pages research report developed on Hot Melt Adhesives Market @ https://www.researchcosmos.com/reports/hot-melt-adhesives-market-report-2017-forecast-to-2022-global-industry-analysis-growth-trends-an/2687378

Hot Melt Adhesives Market Growth Drivers and Restraints:
The growing prevalence of the innovative interior designs with wood workings is a majorly propelling the growth of the market. The government initiative to increase the supply of the hot melt adhesive to meet the requirements from the end user industries is also set to increase the growth of the market.
However, lack of knowledge in taking the precautions while melting the glue is slightly restraining the growth of the market. The rapid increase in the prices of the volatile crude oil is additionally hindering the demand of the market.

The increasing construction and building applications with latest techniques and completing the project in very less time than expected are looking forward to surge the growth opportunity of the market. The participation of newer industries in the market is also a chance to grow tremendously.

Hot Melt Adhesives Market Regional Analysis:
Geographically, the hot melt adhesive market is segmented into North America, Europe, Asia pacific, and Middle East and Africa. North America is holding the highest shares of the market by increasing demand from the packaging industries. Moreover, the interests towards the new interior designs among the customers are also propelling the growth of the market in this region. Following North America, Europe is witnessed to gain huge benefits with the usage of hot melt adhesives in the wood workings sector and also paper converting. Asia Pacific and Middle East & Africa are accounted to have inclined growth rate in the review period.

Ask Free Sample of the report @ https://www.researchcosmos.com/request/hot-melt-adhesives-market-report-2017-forecast-to-2022-global-industry-analysis-growth-trends-an/2687378

Hot Melt Adhesives Market Key Players:
3M Company, American Chemicals Inc., Worthen Industries Inc., Ashland Inc., Wisdom Adhesives, Avery Dennison Corporation, Jowat AG, DOW Corning Corporation, Evans Adhesives Corporation Limited, H.B. Fuller Company, Dynea OY, Henkel AG & Company KGAA, Costchem SRL, Hexcel Corporation, Bostik Inc., Huntsman Corporation, BEMIS Associates Inc., SIKA AG

Hot melt adhesives Market Segmentation:
By Type:
• EVA HMA
• POE HMA
• SBS HMA
• SIS HMA
• SEBS HMA
• PU HMA
• APAO HMA
• Polyamide HMA
• Polyimide HMA
• Other

By Application
• Paper Packaging
• Bookbinding
• Label & Tape
• Hygiene
• Transportation
• Construction
• Woodworking
• Textile/Footwear
• Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

For any queries, inquire more @ https://www.researchcosmos.com/inquire/hot-melt-adhesives-market-report-2017-forecast-to-2022-global-industry-analysis-growth-trends-an/2687378

About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and disclose the hidden opportunities in every leading industry of the world.

Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

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