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Hot Melt Adhesives Market Research, Industry Analysis, Application, Supplier,2016-2020
Zion Research has published a new report titled “Hot Melt Adhesives Market(EVA, Styrenics Block Copolymers, Polyolefin, Polyurethane and Polyamide) for Packaging, Disposables, Pressure Sensitive, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 – 2020.” According to the report, global demand for hot melt adhesives was valued at approximately USD 6 billion in 2014 and is expected to reach USD 7.5 billion in 2020, growing at a CAGR of around 6% between 2015 and 2020. In terms of volume, the global hot melt adhesives market stood at around 1,500 kilo tons in 2014.Browse the full "Hot Melt Adhesives (EVA, Styrenics Block Copolymers, Polyolefin, Polyurethane and Polyamide) Market for Packaging, Disposables, Pressure Sensitive, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast 2014–2020" report at http://www.marketresearchstore.com/report/hot-melt-adhesives-market-z37211
The hot melt adhesives are thermoplastic adhesive. This adhesive can melt and flow when heated and become rigid on cooling for providing the sturdy adhesion to the surface. They are commonly known as hot glue. Generally, available in the solid cylindrical sticks having various diameters. They are designed to be melted in an electric hot glue gun. The major driving factor for hot melt adhesives market across the globe is low price and potential to be used as a substitute for the other adhesives.
The global hot melt adhesives market has been segmented based on product that includes EVA, styrenics block copolymers, polyolefin, polyurethane, polyamide and others. In 2014, EVA was the largest product segment in terms of volume and accounted over 50% of the total shares of the global hot melt adhesives market. Styrenics block copolymers was the second largest product segment driving the market growth for the estimated forecast period. Moreover, increasing demand for polyolefin and polyurethane product segment is also anticipated to further boost the market growth in the year to come.
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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