Press release
Global Hot Melt Adhesives Market to Reach US$ 8.6 Bn by 2026
Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60933
Rise in Demand for Ethylene Vinyl Acetate and Polyurethanes to Boost Market
Based on product, the ethylene vinyl acetate segment accounted for major share of the hot melt adhesives market in terms of value and volume in 2017. This can be ascribed to the low prices of ethylene vinyl acetate hot melt adhesives and ease of manufacture. These hot melt adhesives possess better performance properties in terms of crack resistance, resilience, toughness, UV resistance, and light stability. This enables packaging manufacturing lines to maintain high speed owing to short open and setting times of ethylene vinyl acetate hot melt adhesives. Thus, the cost-effectiveness of ethylene vinyl acetate is projected to drive the hot melt adhesives market during the forecast period. Polyurethanes are employed in a wide range of applications due to their excellent performance properties such as high bond strength than water-based and other types of hot melt adhesives. The growth of the polyurethanes segment is driven by the rise in demand for these adhesives in construction, furniture and product assembly applications.
Technical Limitations in High Temperature Applications and Presence of Potential Substitutes to Restrain Market
Hot melt adhesives are thermoplastic compounds. Thus, they melt flow or creep when exposed to surrounding temperature that is near to their flow point. Technical limitations of hot melt adhesives such as smaller temperature range to which they can be exposed than water-based and solvent-based adhesives are anticipated to hamper the market in the near future.
Get Research Report Overview@
https://www.transparencymarketresearch.com/hot-melt-adhesives-market-2018-2026.html
Tank-free Hot Melt System Offers Key Opportunities
Traditional hot melt system has limitations in the structure of tanks. Substantial amount of time is required for heating the material in the tank. Furthermore, it generates adhesive char. Operators are also exposed to hot adhesives. Tank free systems can employ vacuum feed to draw adhesive pellets into specially designed heating chambers. Pellets are melt-on-demand and dispense quickly without overheating. The elimination of heated tanks significantly improves the performance of hot melt equipment. Tank-free hot melt system is estimated to be an efficient and high performance adhesion system that can drive the hot melt adhesives market in the near future.
Asia Pacific Accounts for Major Share in Terms of Volume and Value
Asia Pacific was the major region of the global hot melt adhesives market, accounting for more than 40% share in terms of volume and value in 2017. Growth in industrialization is fueling the demand for hot melt adhesives in various end-use industries, such as packaging, electronics, construction, and automotive, in the emerging economies of Asia Pacific. China is a key exporter of hot melt adhesives in the global market. The country has experienced exponential growth in e-commerce since the last two years. This has boosted the demand for packaging, thereby fueling the demand for hot melt adhesives in packaging applications. Furthermore, advancements in the health care industry and improvements in lifestyle in emerging economies such as China and India are likely to augment the demand for hot melt adhesives in non-woven/hygiene products. Rise in infrastructure activities, increase in focus on trade activities, and growth in awareness about hygiene products are anticipated to propel the demand for hot melt adhesives in India during the forecast period.
Get PDF Brochure for more Professional & Technical industry insights:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=60933
Global Hot Melt Adhesives Market is Primarily Consolidated
The report comprises profiles of major companies operating in the global hot melt adhesives market. Around 70% of the global hot melt adhesives market is consolidated, while the rest is fragmented with the presence of a few small players. Key players include H.B. Fuller Company, Henkel AG & Company KGaA, Arkema, 3M, Sika AG, Jowat SE, TEX YEAR INDUSTRIES INC., Hexcel Corporation, Dowdupont, Beardow Adams, HEARTLAND ADHESIVES LLC, REXtac, LLC, Toyobo Co., Ltd, Akzo Nobel N.V., and Exxon Mobil Corporation. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. The report also comprises a matrix of comparison between the top four players operating in the global hot melt adhesives market along with analysis of their key strengths for 2017.
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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 Global Hot Melt Adhesives Market to Reach US$ 8.6 Bn by 2026 here
News-ID: 1849280 • Views: …
More Releases from Transparecny Market Research
HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
The global HAZMAT Packaging Market is estimated to flourish at a CAGR of 5.8% from 2024 to 2027.
The overall HAZMAT Packaging industry delivers an in-depth systematic framework and competitive outlook of the HAZMAT Packaging Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market in the coming…
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with To …
The global Push Pull Closures Market is estimated to flourish at a CAGR of 4.8% from 2024 to 2027.
The overall Push Pull Closures industry delivers an in-depth systematic framework and competitive outlook of the Push Pull Closures Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market…
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0 …
The global PET Preform Machines Market has been sailing through robust waters, witnessing a valuation of US$ 8.3 Bn 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 14.1…
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
The global Flexible Packaging Paper Market has been sailing through robust waters, witnessing a valuation of US$ 47.5 Bn 2021. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029. By the end of 2029, the industry is expected to anchor at an impressive US$ 65.2…
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…
