Adhesive Dispensing Equipment Market Top Companies Study - Valco Melton, Henkel Adhesives Technologies India, Nordson Sealant Equipment, Glue Machinery Corporation.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Adhesive Dispensing Equipment Market- (By Type (Two Part Volumetric Dispensing Dual Cartridge System, Two Part Volumetric Dispensing Meter Mix, Hand Held Hot Melt Applicators, Other), By End-User (Packaging & Paper Board Packaging, Electronics, Industrial and Institutional, Construction, Others (Automotive and Medical)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Adhesive Dispensing Equipment Market is valued at US$ 1.46 Bn in 2022, and it is expected to reach US$ 1.95 Bn by 2031, with a CAGR of 3.4% during a forecast period of 2023-2031.

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Adhesive dispensing equipment is designed to ensure precise control over the application of adhesives and silicones. This category includes a wide range of devices, such as hot melt glue guns, manual caulking guns, and various mixing and dispensing systems, all aimed at achieving accurate and controlled fluid dispensing. The growing demand for disposable hygiene products, coupled with an increased focus on safety, convenience, and hygiene, are key drivers of the disposable hygiene products market.

The automotive industry is a major consumer of adhesive dispensing equipment, where its application significantly improves assembly processes and reduces manufacturing time. Additionally, this equipment plays a critical role in addressing the industry's need to reduce product weight, further contributing to market growth. The rising demand for adhesives and sealants in the automotive, construction, and packaging sectors is fueling the expansion of the market. Furthermore, the widespread adoption of automated processes across various industries is a significant factor in driving the growth of adhesive dispensing equipment. These devices are extensively utilized in assembly lines and manufacturing facilities to perform tasks such as bonding, sealing, coating, and potting.

List of Prominent Players in the Adhesive Dispensing Equipment Market:
• Valco Melton
• Henkel Adhesives Technologies India
• Nordson Sealant Equipment
• Glue Machinery Corporation
• Hernon Equipment
• Kirkco Corporation
• Exact Dispensing Systems
• Adhesive Systems Technology Corporation
• Dymax Corporation
• Ashby Cross Company
• Dopag Group (Switzerland)
• Nordon Corporation (U.S.)

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Market Dynamics:
Drivers:
The widespread adoption of automated processes across various industries significantly contributes to the robust growth of the adhesive dispensing equipment market. These devices are essential in assembly lines and manufacturing facilities, where they perform critical tasks such as bonding, sealing, coating, and potting. The rising demand from a broad spectrum of end-user industries is another key factor driving market expansion. This growth is further supported by recent technological advancements and increasing disposable income levels in both developing and developed nations.

Challenges:
The high costs associated with purchasing and installing advanced adhesive dispensing equipment present a significant barrier, particularly for small and medium-sized enterprises. In addition, the ongoing maintenance and servicing of such equipment can be costly, affecting the overall operational budget. Furthermore, certain adhesive dispensing systems may have limitations in handling a wide variety of adhesive materials, restricting their versatility. Stringent environmental regulations governing the use of specific adhesives may require additional compliance measures, potentially hindering market growth.

Regional Trends:
The North American adhesive dispensing equipment market is projected to capture a significant market share. This growth is driven by substantial investments in construction, particularly in the renovation and revitalization of existing infrastructure, as well as the expanding automotive and consumer electronics industries.

Additionally, the Asia Pacific region holds a considerable share of the market, primarily due to rapid industrialization and the growth of key end-use sectors, particularly in China. The region's strong investments in large-scale construction projects, coupled with a heightened focus on infrastructure and building renovations, are expected to further stimulate the demand for adhesive dispensing equipment.

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Recent Developments
• In June 2022, Henkel Singapore recently unveiled the inauguration of an enhanced adhesives application engineering laboratory situated within its Haw Par Technocentre office in Commonwealth Drive, Singapore. This state-of-the-art facility is designed to function as a centre for innovation and comprehensive technical support, catering to customers operating in the general manufacturing and maintenance sectors across Singapore and the wider South East Asia region.
• In Feb 2020, The Morrell Group has recently disclosed a collaborative alliance with DOPAG (US) Ltd. The collaboration involved the integration of DOPAG's dispensing and metering products with the engineering, integration, and distribution capabilities of Morrell Group. According to the agreement, the companies collaborated to develop tailored precision dispensing solutions that are considered leaders in the industry.

Segmentation of Adhesive Dispensing Equipment Market-
By Type-
• Two Part Volumetric Dispensing Dual Cartridge System
• Two Part Volumetric Dispensing Meter Mix
• Hand Held Hot Melt Applicators
• Other
By End-User-
• Packaging & Paper Board Packaging
• Electronics
• Industrial and Institutional
• Construction
• Others (Automotive and Medical)
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

View Overview Report: https://www.insightaceanalytic.com/report/adhesive-dispensing-equipment-market/2092

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.