Press release
Hot Melt Adhesive (HMA) Market 2024 Top Competitors 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.
Global Hot Melt Adhesive (HMA) Market
Hot melt adhesives are used in several industries such as packaging solutions, non-woven hygiene products, book binding and furniture. As hot melt adhesives Industry set by the loss of heat, the temperature at which they are applied is critical. It must be liquid (molten) enough to wet out the substrates, and be hot enough for assembly before cooling. hot melt adhesives are uniquely designed materials that are ideal for a variety of applications where simplified processing, streamlined manufacturing and/or end-product protection are required. High bond strength, low application costs and processing safety are at the foundation of TECHNOMELT materials, which are widely used in markets
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A comprehensive analysis of the “Global Hot Melt Adhesive (HMA) Market” for the North America, South America, Europe, Asia-Pacific and Middle East & Africa, which includes market sizing, market share by competitors, drivers, restraints and market forecasts to 2024.
The Global Hot Melt Adhesive (HMA) Market accounted for USD 6.50 billion in 2016 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 by 2024.
Global Hot Melt Adhesive (HMA) Market, By Resin Type (Ethylene Vinyl Acetate, Styrenic Block Copolymers, Metallocene Polyolefin, Amorphous Polyalphaolefins, Polyolefins, Polyamides, Polyurethane, Others); By Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding, Others) and Forecast to 2024
Major Market Drivers:
• Extensive range of applications
• Increasing demand for eco-friendly adhesives
• Increasing demand for the pressure sensitives industries that use HMAs
Market Restraint:
• Volatility in the raw material prices
• Loss of bond strength at high temperature
Top Key Players Mentioned:
• 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 & Many more.
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned @ https://databridgemarketresearch.com/toc/?dbmr=global-hot-melt-adhesive-hma-market
Hot melt adhesives (HMA) commonly referred to as hot glue, do not contain solvents or water and have a fast setting speed. Hot melt adhesives consist of three main components; high molecular weight polymer, tackifier and plasticizer. Hot melt adhesives are used in several industries such as packaging solutions, non-woven hygiene products, book binding and furniture.
Report Segmentation:
On the basis of resin type:
• Ethylene Vinyl Acetate (EVA)
• Styrenic Block Copolymers (SBC)
• Metallocene Polyolefin (MPO)
• Amorphous Polyalphaolefins (APAO)
• Polyolefins, Polyamides
• Polyurethane (PU)
• Others
On the basis of application:
• Packaging Solutions
• Nonwoven Hygiene Products
• Furniture & Woodwork
• Bookbinding
• Others
Packaging solutions are further segmented into:
• Corrugated Boxes and Trays
• Carton and Side-Seam Closures
• Non-Pressure Sensitive Labels and Marking Systems
• Flexible Packaging
• Others
Nonwoven hygiene products are further segmented into:
• Baby Diapers
• Nappies
• Pants
• Adult Incontinence
• Feminine Care
Furniture and woodwork are further segmented into:
• Woodworking
• Structural
• Non-Structural Wood Products
Book binding are further segmented into:
• Spine Binding
• Cover Page
• Edge Bonding
• Others are further segmented into automotive & transport, consumer, footwear and electronics.
On the basis of geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
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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.
Read more about the Global Hot Melt Adhesive (HMA) Market Report Visit @ http://databridgemarketresearch.com/reports/global-hot-melt-adhesive-hma-market/
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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