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Polyester Hot Melt Adhesives Market is Estimated to Grow at a CAGR of 9.6% during the forecast period of 2023-2030 : Cognitive Market Research
Polyester Hot Melt Adhesives Market is Estimated to Grow at a CAGR of 9.6% : Cognitive Market Research
- Polyester hot melt adhesives are non-volatile thermoplastic adhesives. They are often found in a solid state at room temperature that can become liquid when heated. These adhesives are frequently used to create instantaneous bonds and reduce product weight and enhance overall product attractiveness. They are usually compatible with polyester, leather, polycarbonate, aluminum, polyvinyl chloride (PVC), copper, steel, non-woven, and paper-based materials.
Summary:
• As per Cognitive Market Research, The global polyester hot melt adhesives market is estimated to be valued at USD 492.2 in 2022 and is expected to exhibit a CAGR of 9.6% during the forecast period 2023-30.
• Asia pacific dominated the polyester hot melt adhesives market and accounted for the largest revenue share in 2022
• The textiles & fabrics segment dominated the market and held the largest revenue share in 2022.
"To know more The Polyester Hot Melt Adhesives Market statistics click here: https://www.cognitivemarketresearch.com/polyester-hot-melt-adhesives-market-report
Market Dynamics:
- Increasing demand for polyester hot melt adhesives in different applications in several industries, such as automobile, furniture, manufacturing, packaging, and others is anticipated to drive the demand of target market. In addition, the implementation of various beneficial government policies and significant investment in advanced polyester hot melt adhesives will propel the polyester hot melt adhesives market. Furthermore, increasing demand from online businesses such as e-commerce and food deliveries will provide an opportunity for the global market. However, fluctuating raw material prices may hamper the growth of the global market over the forecast period.
Market Segmentation:
- Application:
The textiles & fabrics segment dominated the market and have the largest revenue share. Rising use of polyester hot melt adhesives in textiles, due to strong, and long-lasting bonds with highly water-repellent fabrics with hydrophobic polymers.
• Textiles & Fabrics
• Automotive
• Packaging
• Other
The Major Players in Polyester Hot Melt Adhesives Market are:
Sika, Bostik, 3M, Sipol, Toyobo, SK Chemicals, Nippon Gohsei, Evonik Industries, Eastman Chemical Company, Nihon Matai, EMS Chemie Holding, Tian Yang Hot Melt Adhesive, XinXin Hot melt Adhesive, Wenzhou Huate Hot Melts
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Regional Analysis:
- Asia Pacific is anticipated to grow at the highest growth rate during the forecast period. This is attributed due to the rising number of adhesive producers and manufacturing operations in the countries in the region. In addition, growing packaging industry coupled with healthcare industries in the region.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Polyester Hot Melt Adhesives Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Polyester Hot Melt Adhesives Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Polyester Hot Melt Adhesives Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Polyester Hot Melt Adhesives Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Polyester Hot Melt Adhesives Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Polyester Hot Melt Adhesives Market Regional Analysis
Chapter 11 North America Polyester Hot Melt Adhesives Market Outlook (2018 - 2030)
Chapter 12 Europe Polyester Hot Melt Adhesives Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Polyester Hot Melt Adhesives Market Outlook (2018 - 2030)
Chapter 14 Latin America Polyester Hot Melt Adhesives Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Polyester Hot Melt Adhesives Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Polyester Hot Melt Adhesives Market TOC click here: https://www.cognitivemarketresearch.com/polyester-hot-melt-adhesives-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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