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Hot Melt Glue Gun Market Research Report Covering Prime Factors and Competitive Outlook till 2028

07-24-2024 02:00 PM CET | Chemicals & Materials

Press release from: Premium Market Insights

Hot Melt Glue Gun Market Forecast To 2028 - COVID-19 Impact And Global Analysis By Gun Type (Corded, Cordless, And Hybrid) And Application (Packaging, Construction, Automotive, Furniture, Footwear, Electronics, And Others) The hot melt glue gun market was valued at US$ 477.64 million in 2020 and is projected to reach US$ 715.13 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.

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Competitive Landscape: Hot Melt Glue Gun Market:
Hot melt glue gun is a portable device that is utilized to dispense hot melt adhesives. These guns are available in various types such as corded, cordless, and hybrid. These guns offer convenience over other glue dispensing equipment. They dry quickly, having long-shelf life and easily disposable. The growing demand from packaging, DHP, and electronics industry, which requires precision adhesive dispensing is driving the market growth. Further, these glue gun finds vast application in automotive, construction, furniture, and other manufacturing industries that supports the growth of the hot melt glue gun market.Based on gun type, the hot glue gun market is segmented into corded hot melt glue gun, cordless hot melt glue gun, and hybrid hot melt glue gun. The corded hot melt glue gun segment held the largest share in the global market in 2020 and it is estimated to maintain its dominance during the forecast period. Corded guns are specifically designed to work for both heavy and light industrial applications. Most of the corded guns are compatible with hot melt sticks, hot melt slugs/cartridges or even pellets thus they are preferred to use in vast applications ranging from packaging to crafts and DIYs. They can be used by both industrial and retail customers. Corded hot melt glue guns are low in cost as compared to cordless glue guns and they are available in all sizes such as mini, generic, and big etc.

Ratiobond Klebesysteme Gmbh
Ellsworth Adhesives
3M
Arkema
Deluxe Packaging
Ad Tech
Infinity Bond Adhesives
Surebonder
Steinel

Chapter Details of Hot Melt Glue Gun Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Hot Melt Glue Gun Market Landscape
Part 04: Hot Melt Glue Gun Market Sizing
Part 05: Hot Melt Glue Gun Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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E-mail: sales@permiummarketinsights.com
Phone: +1-646-491-9876

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Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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