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Global Hot Melt Adhesive Market Trends, Size, Competitive Analysis and Forecast - 2020-2026

10-13-2020 01:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Hot Melt Adhesives Market

Global Hot Melt Adhesives Market

The global hot melt adhesives market is growing at a significant CAGR of around 7.0% during the forecast period (2020-2026). Hot melt has been widely used in packaging industry since 1960's. The hot melt is considered cost effective when used in conjunction with hot melt systems running continuously. Ethylene-vinyl acetate (EVA) and polyolefin are the two most popular types of hot melt adhesives. Ethylene-vinyl acetate (EVA) – this form of hot melt adhesive works well with paper and cellulosic materials and has a wide range of formulation. The reason for the increased adoption of hot melt adhesives as compared to water-based adhesives in industries can be accounted to the fast cool and setting feature. They are made primarily of one or more polymers and a combination of additives such as resins and pigments that provide different characteristics to various adhesives.

Request a free sample of our report on Global Hot Melt Adhesive Market: https://www.omrglobal.com/request-sample/hot-melt-adhesives-market

Moreover, there are other various pivotal factors that are driving the global hot melt adhesives market, which includes the rising packaging industry across the globe. For instance, packaging is the 5th largest sector of India's economy and steady growth has been reported over past several years which show high potential for further expansion. Moreover, opportunities for growth driven packaging industry owing to rising consumption of packaged as well as general growth across a range of consumer goods areas are widespread across the countries. However, a lower thermal resistance of hot melt adhesives will affect the market growth during the forecast period.

A full report of Global Hot Melt Adhesive Market Is available at https://www.omrglobal.com/industry-reports/hot-melt-adhesives-market

Global Hot Melt Adhesive Market Segmentation

By Type
• Ethylene Vinyl Acetate (EVA)
• Styrenic Block Copolymers (SBC)
• Amorphous Polyalphaolefins (APAO)
• Polyamide
• Polyvinyl Acetate
• Others (Metallocene Polyolefin (mPO) and Polyurethane)

By Application
• Packaging Solutions
• Furniture & Woodwork
• Nonwoven Hygiene Products
• Automotive
• Others (Electronics)

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• 3M Co.
• Adtek Consolidated Sdn. Bhd.
• Arkema Group
• Beardow Adams
• Bond Tech Industries
• Bühnen GmbH & Co. KG
• Cherng Tay Technology Co., Ltd.
• Costchem S.r.l.
• Daubert Chemical Co.
• Dow Inc.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/hot-melt-adhesives-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

For More Information, Visit https://www.omrglobal.com/

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