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๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ Driven by a 4.8 % CAGR, Expected to Surpass USD 13.22 Billion by 2030

10-24-2024 12:12 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 9.52 Bn. in 2023 and the total Hot Melt Adhesives revenue is expected to grow at a CAGR of 4.8 % from 2024 to 2030, reaching nearly USD 13.22 Bn.

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global hot melt adhesives (HMA) market is witnessing significant growth, driven by increasing demand from various industries such as automotive, packaging, construction, and non-woven hygiene products. HMAs are preferred for their versatility, quick bonding time, and low cost, making them a popular choice across these sectors. As industries continue to innovate and focus on more sustainable materials, the market for HMAs is expected to grow, particularly in applications requiring quick bonding and flexibility.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š๐ฒ! https://www.maximizemarketresearch.com/request-sample/20569/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Key drivers for the hot melt adhesives market include growing demand from end-use industries like packaging, non-woven hygiene products, and furniture. The increased use of polyurethane-based HMAs due to their superior bonding strength, durability, and fast setting times is also contributing to the market's growth. Additionally, rising consumer demand for DIY applications and art and craft projects is boosting HMA consumption, especially for quick-fix solutions in household and commercial use.

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Current trends in the hot melt adhesives market include the rising adoption of polyurethane HMAs due to their strong bonding capabilities, particularly for non-porous materials like metal and wood. There is also growing demand for environmentally friendly adhesive solutions, with companies focusing on low-volatile organic compounds. Additionally, the surge in DIY culture and the rise of e-commerce art and craft enterprises are increasing the demand for HMAs in creative and gifting applications.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/inquiry-before-buying/20569/

๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The expansion of non-woven and packaging applications in emerging markets like Asia Pacific and Latin America presents significant growth opportunities for HMA manufacturers. The increasing focus on sustainable, eco-friendly adhesives also opens up opportunities for innovation in product development to meet regulatory and consumer demands for greener solutions.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

North America and Europe are key regions for the hot melt adhesives market, driven by strong industrial and DIY sectors. However, the Asia-Pacific region is expected to witness the fastest growth due to rapid industrialization, increasing demand for packaging solutions, and expanding non-woven hygiene applications in countries like China and India. Latin America is also emerging as a potential growth market, driven by rising investments in the packaging and construction industries.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/20569/ ๏ปฟ๏ปฟ

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

by Product

Ethylene-vinyl Acetate (EVA)
Polyurethane
Rubber
Polyolefin
Others

by Application

Packaging
Bookbinding
Assembly
Woodworking
Automotive
Nonwovens
Others

by Type

Polyamide
EVA (Ethylene-Vinyl Acetate)
SBC (Styrenic Block Copolymers)
PU (Polyurethane)
APAO (Amorphous Poly-Alpha olefin & POE (Polyolefin Elastomers)
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‡๐จ๐ญ ๐Œ๐ž๐ฅ๐ญ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Henkel &Co. KGaA
2. Jowat SE
3. Sika AG
4. 3M Company
5. Bostik Inc.
6. Avery Dennison Corporation
7. H.B. Fuller Company
8. Arkema Group
9. Westlake Chemical Corporation
10.Beardow& Adams (Adhesives) Limited.
11.DowDuPont Inc.
12.Arkema Group
13.Ashland
14.Delo Industrial Adhesives
15.BASF SE

๐†๐ž๐ญ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐Ž๐ง ๐“๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/market-report/global-hot-melt-adhesives-market/20569/ ๏ปฟ๏ปฟ๏ปฟ๏ปฟ

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Coffee Beans Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Coffee Beans Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ:

โ™ฆ Live Streaming Market https://www.maximizemarketresearch.com/market-report/global-live-streaming-market/23862/

โ™ฆ Laptops Market https://www.maximizemarketresearch.com/market-report/global-laptops-market/21050/

โ™ฆ Sunflower Oil Market https://www.maximizemarketresearch.com/market-report/sunflower-oil-market/122497/

โ™ฆ Global Frozen Yogurt Market https://www.maximizemarketresearch.com/market-report/frozen-yogurt-market/122850/

โ™ฆ Crop Insurance Market https://www.maximizemarketresearch.com/market-report/crop-insurance-market/148613/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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