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Sticking Together: Exploring the Growth and Applications of Hot Melt Equipment in Manufacturing and Packaging

02-23-2023 01:02 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Sticking Together: Exploring the Growth and Applications of Hot

Hot melt equipment is a type of machinery that is used to apply and dispense hot melt adhesives in various industries. These adhesives are thermoplastic materials that are melted and applied using hot melt equipment, which can range from simple hand-held devices to complex automated systems. In this blog, we will explore the hot melt equipment market, including its drivers, trends, and potential growth opportunities.

hot melt equipment market size was valued at $1,491.2 million in 2020, and is expected to reach $2,822.9 million by 2030, with a CAGR of 6.4% from 2021 to 2030.

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The hot melt equipment market is being driven by several key factors, including the growing demand for packaging and labeling applications, the need for improved product quality and performance, and the rise of automation in manufacturing. Packaging and labeling applications are the largest end-use segment for hot melt equipment, as these applications require a high degree of accuracy and precision in adhesive application.

Improved product quality and performance are also driving the hot melt equipment market, as hot melt adhesives are known for their strength, durability, and versatility. These adhesives can be used in a wide range of applications, from packaging and labeling to automotive and construction, providing superior bonding strength and resistance to environmental factors such as temperature and moisture.

The rise of automation in manufacturing is another driver of the hot melt equipment market, as automated systems can improve efficiency and productivity in adhesive application. Automated hot melt equipment can provide consistent and precise adhesive application, reducing waste and improving product quality.

The hot melt equipment market is segmented by type, application, and geography. The most common types of hot melt equipment include hand-held devices, bench-top systems, and automated systems. These systems can be used in a wide range of applications, including packaging and labeling, automotive, construction, and others.

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In terms of application, the hot melt equipment market is divided into packaging and labeling, woodworking, automotive, construction, and others. Packaging and labeling applications are the largest end-use segment for hot melt equipment, driven by the growing demand for accurate and precise adhesive application in the packaging industry. The woodworking industry is also a significant market for hot melt equipment, as these adhesives are commonly used in furniture and cabinetry manufacturing.

Geographically, the hot melt equipment market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is the largest market for hot melt equipment, driven by the rapid growth of the manufacturing industry in countries such as China and India. North America and Europe are also significant markets for hot melt equipment, driven by the presence of large packaging and labeling industries.

One of the key trends in the hot melt equipment market is the adoption of Industry 4.0 technologies. Industry 4.0 refers to the integration of advanced technologies, such as the Internet of Things (IoT) and artificial intelligence, into the manufacturing process. Hot melt equipment is an essential part of Industry 4.0, as automated systems can be connected to sensors and other devices to collect data on performance and efficiency. This data can be used to optimize the performance of hot melt equipment and improve the overall efficiency of the manufacturing process.

Another trend in the hot melt equipment market is the development of eco-friendly hot melt adhesives. As environmental concerns become more prominent, manufacturers are looking for ways to reduce their environmental impact. Eco-friendly hot melt adhesives are designed to be biodegradable and recyclable, reducing waste and environmental pollution.

Competition Analysis

The major players profiled in the hot melt equipment market include 3M, Banseok Precision Industry Co.Ltd., Glue Machinery Corporation, Graco Inc., Henkel AG & Co. KGaA, ITW Dynatec, Nordson Corporation, Robatech AG, Twin Engineers Pvt. Ltd. and Valco Cincinnati Inc.

In conclusion, the hot melt equipment market is a rapidly growing industry that is being driven by the growing demand for packaging and labeling applications, the need for improved product quality and performance, and the rise of automation in manufacturing. The market is segmented by type, application, and geography, and is expected to continue to grow as manufacturers seek to improve efficiency and productivity in adhesive application. The adoption of Industry 4.0 technologies and the development of eco-friendly hot melt adhesives are key trends that are expected to shape
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

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