Hot Melt Adhesives Market will reach USD 7.70 Billion in 2020, Globally

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.

Request Sample Report: http://goo.gl/4Lfrl8

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.

Do Inquiry before buying: http://goo.gl/KSiLXI

The global hot melt adhesives market has been segmented based on application that includes packaging, non-woven, pressure sensitive, construction, bookbinding and other applications. The packaging industry was the largest application segment globally and is expected to dominate the demand for hot melt adhesives during forecasted period. Packaging industry accounted around over 33% of the total shares of the global hot melt adhesives market in 2014.

Asia Pacific was leading region for the hot melt adhesives market and accounted around 35% share of the total volume consumed in 2014. Asia-Pacific is also expected to be one of the fastest growing regions due to the growing demand from emerging economies in the region such as China and India. Increasing industrial activities in fields of electronics, energy, transportation, building & construction and industrial in China and India are expected to boost hot melt adhesives market in the region.

Key industry participants analyzed and profiled in this study includes, Henkel AG, The 3M Company, H.B. Fuller, Sika AG, Dow Corning Company, American Chemical Inc., Ashland Inc., Avery Dennison Corporation, Beardow Adams Ltd., Bostik smart adhesives, Nordson Corporation, Evans Adhesive Corporation Ltd, Hexcel Corporation, Huntsman Corporation, Jowat AG, Toyobo Co. Ltd, H E Wisdom & Sons Inc. and Worthen Industries, NH.

Browse detail report at: http://www.marketresearchstore.com/report/hot-melt-adhesives-market-z37211

The global market has been segmented for products, applications and regions as below:

Hot Melt Adhesives Market – Product Segment Analysis
EVA
Styrenics Block Copolymers
Polyolefin
Polyurethane
Polyamide
Others

Hot Melt Adhesives Market – Application Segment Analysis
Packaging
Non-Woven
Pressure Sensitive
Construction
Bookbinding
Others

Hot Melt Adhesives Market - Regional Segment Analysis
North America
U.S.
Europe
Germany
U.K.
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

Read Report TOC: http://goo.gl/TE5PBh

About Market Research Store
Market Research Store is a single destination for all the industry, company and country reports. We feature large repository of latest industry reports, leading and niche company profiles, and market statistics released by reputed private publishers and public organizations. Market Research Store is the comprehensive collection of market intelligence products and services available on air. We have market research reports from number of leading publishers and update our collection daily to provide our clients with the instant online access to our database. With access to this database, our clients will be able to benefit from expert insights on global industries, products, and market trends.

Contact US:
Market Research Store
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com

This release was published on openPR.