Press release
Global Hot Melt Glue Market Development and Growth Opportunities by Forecast 2032
he global hot melt adhesives market size was USD 6.69 billion in 2022 and reached USD 7.10 billion in 2023. The market is expected to reach USD 10.10 billion by 2032, exhibiting a CAGR of 5.2% during the forecast period.Hot melt adhesives often have solid bases made of thermoplastic polymers. Normally, they are solids, but when heated past their softening point, they get activated and change into liquids. They revert to a physical state that has structural integrity and can function as an adhesive upon solidification. Thermoplastics are combined with waxes, plasticizers, fillers, resins, and antioxidants to create these adhesives. Extrusion, screen printing, spiral spraying, melt blowing, slot die coating, and other methods can all be used to apply hot melt adhesives. Hot melt adhesives immediately connect with materials like plastics, ceramics, glass, paper, rubber, wood, and metal in contrast to conventional adhesives. As a result, they are widely used in a variety of industries, including packaging, building, electronics, textiles, and automobiles.
The demand for hot melt adhesives for sealing, labelling corrugated boxes, assembling, paperboard, & other packaging products is primarily being driven by factors like the expanding packaging sector. These factors are anticipated to fuel the growth of the hot-melt adhesives market over the forecast period. Hot-melt Adhesives market expansion is anticipated to be driven by the rising awareness of personal hygiene, which is also anticipated to increase demand for nonwoven products like diapers & feminine hygiene products. Moreover, Hot-Melt Adhesives are employed in furniture construction as all-purpose adhesives for bonding wooden substrates, which is anticipated to drive the expansion of the global market during the anticipated period.
Hot Melt Glue market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.
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The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Hot Melt Glue market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Hot Melt Glue manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Hot Melt Glue market covering all its essential aspects.
Global Hot Melt Glue Market: Segmentations
Global Hot Melt Glue Market: By Types
Ethylene Vinyl Acetate
Polyolefin
Polyamide
Styrenic Block Copolymers
Others
Global Hot Melt Glue Market: By Applications
Packaging
Automotive
Construction
Others
Global Hot Melt Glue Market: Major Players
Henkel
H. B. Fuller
Sika
Arkema
Ashland
3M
Jowat
Sipol
Palmetto Adhesives
Sealock
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Global Hot Melt Glue Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Hot Melt Glue market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Hot Melt Glue would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Hot Melt Glue Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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