Hot Melt Adhesives Market Segment Forecasts up to 2024, Research Reports:TMR
Obtain Report Details @: http://www.transparencymarketresearch.com/hot-melt-adhesives-market.html#
Overall, the worldwide market for hot melt adhesives is expected to report thriving success over the next few years, rising at a CAGR of 5.20% between 2016 and 2024. The opportunity in this market is projected to increase from US$6.00 bn in 2015 to US$9.44 bn by the end of 2024.
Asia Pacific to Surface as Most Promising Regional Market for Hot Melt Adhesives
The global market for hot melt adhesives is spread across Latin America, the Middle East and Africa, North America, Europe, and Asia Pacific. With a share of more than 33%, Europe led the global market in 2015. However, following the gloomy economic condition and the Brexit referendum, the market may witness a slight decline in its market share over the forthcoming years.
Asia Pacific, on the other hand, is anticipated to emerge as the most promising regional market for hot melt adhesives in the near future, thanks to the increasing construction activities and demand for packaging as Asia Pacific is considered as the global hub for trading activities. China is anticipated to lead the Asia Pacific market over the next few years. Several other countries in this region, such as India and Japan, are also projected to report a high demand for hot melt adhesives in the years to come. Among other regional markets, the Middle East and Africa is expected to witness moderate to high growth while Latin America is anticipated to report a slow progress over the next few years.
Fill the form for an exclusive sample of this report @: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8488
Demand for Ethylene Vinyl Acetate-based Hot Melt Adhesives to Remain Strong
Ethylene vinyl acetate, polyamide, polyurethanes, and styrene block copolymer are the key types of products available in the global hot melt adhesives market. Among these, the demand for ethylene vinyl acetate is higher than others. Researchers anticipate this trend to continue over the forthcoming years, owing to the low price of ethylene vinyl acetate-based hot melt adhesives and their increasing popularity in the packaging and the construction sectors. Polyurethane is also projected to experience a significant increase in its demand over the years to come.
The packaging, construction, non-woven, book binding and paper binding, furniture, footwear, and the electronics industries have surfaced as the key end users of hot melt adhesives. The packaging industry has been reporting the most prominent demand for hot melt adhesives and is expected to retain its position as their leading consumer over the coming years. The construction sector is also projected to report a high demand for hot melt adhesives in the near future.
The global hot melt adhesive market is fragmented with a number of players operational in it. 3M Co., H.B. Fuller, Henkel AG & Co. KgaA, Hexcel Corp., Dow Corning Corp., Heartland Adhesives, Sika AG, Bostik Inc., Jowat SE, Toyobo Co. Ltd., and Avery Denninson Corp. are some of the leading vendors of hot melt adhesives across the world.
Transparency Market Research (TMR) 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. TMR’s experienced team of analysts, researchers, and consultants, use 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.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
90 State Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hot Melt Adhesives Market Segment Forecasts up to 2024, Research Reports:TMR here
News-ID: 600155 • Views: 168
More Releases from TMR-Research Reports
Chemical Mechanical Planarization Market Global Market Opportunity Assessment St …
The semiconductor wafer fabrication process includes a critical technological procedure called as chemical mechanical planarization (CMP). The top surface of the wafer is planarized or polished in this procedure to produce a flat surface that is flawless and is essential to make powerful and faster semiconductor devices. Constant improvements in chemical mechanical planarization has significantly helped in enhancing the output of semiconductor devices and that too at a fairly lesser
Oil Storage Market Global Industry Analysis Forecast 2016 – 2024
The global oil storage market is considerably consolidated as the top five players, namely NuStar Energy L.P., Buckeye Partners L.P., Oiltanking GmbH, Kinder Morgan Inc., and Royal Vopak N.V. held over 67% of global market in 2014. Transparency Market Research (TMR) has estimated that the degree of competition will escalate due to increasing investments by some of the key market players. The threat from new entrants is expected to remain
Biofertilizers Market Insights with Key Company Profiles - Forecast to 2025
A recent intelligence study by Transparency Market Research (TMR) suggests that the global biofertilizers market is largely fragmented, though a few companies do hold slightly dominant position via diverse product portfolio and geographical reach. The report identifies Biomax, PotashCorp Agri Life, Italpollina SpA, Bodisen Biotech, Inc., Protan AG , Novozymes A/S , T. Stanes & Company Limited, Gujarat State Fertilizers and Chemicals Ltd., Symborg S.L, Rashtriya Chemicals and Fertilizers Limited,
Alcohol-Based Disinfectants Market Evolving Industry Trends 2020
The global alcohol-based disinfectants market is foreseen to rake in a high demand in the near future while riding on the ability of the disinfectants to efficiently eliminate germs and evaporate soon after. Besides hand sanitizing, alcohol-based disinfectants could be engaged for other applications such as food sanitization. Since a substantial count of manufacturers perform downstream activities, there could be a high degree of forward integration taking shape in the
More Releases for Adhesives
Global Laminating Adhesives Market
Global Laminating Adhesives Market – Analysis and Forecast 2018-2026 by Technology, Resin, End Use, and Region. Global laminating adhesives market is projected to grow from US$ 2.5 Bn in 2018 to US$ 4.9 Bn by 2026, at a CAGR of 8.78 % during the forecast. The increasing demand of low volatile organic compound and environmentally sustainable adhesives are a major driving factor of the global laminating adhesive market. Major end-user market of
Pressure Sensitive Adhesives Market
Pressure sensitive adhesives (PSAs) provide adhesion to dissimilar materials on application of pressure. They do not require heat, water or solvent to initiate bonding and fall into the category of dry adhesives. They can be used to affix materials such as plastics, wood, paper, metals and glass. The advantages of using pressure sensitive adhesives are tackiness at room temperature, simple installation equipment, short curing times, peel resistance and shear resistance.
Light Cure Adhesive Market 2017 by Types Acrylic Adhesives Epoxy Adhesives and S …
A new and latest research report proposed by QYResearch Groups renders a market summary of the Light Cure Adhesive Market industry. This widespread analysis comprises of market potentials and challenges, scope of product, sales volume, market revenue, estimates and rate of growth. The report also digs into all the major market players across the globe. Global Light Cure Adhesive Market Competition by Top Manufacturers - 3M, LOCTITE (HENKEL), Dymax, DELO Industrial
Global Specialty Adhesives Market
The global specialty adhesives market was valued at USD XX million in 2016 and is projected to register an estimated CAGR of XX%, during 2017-2022 (the forecast period). The demand for specialty adhesives is driven by the growth in demand for specialty adhesives from automotive and medical sectors. Specialty adhesives used as bonds across various industries having their main uses in the automotive sector, hospitals, and construction activities. However, factors such
Global Solvent Borne Adhesives Market 2017 : Royal Adhesives & Sealants, DELO In …
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering - 3M - Dow Chemicals - Henkel AG & Co. - Sika AG - H.B. Fuller - Jowat AG - Arkema Group - Ashland - Royal Adhesives & Sealants - DELO Industrial Adhesives - Franklin International The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Solvent
Global Wood Adhesives and Binders Market - Adhesive Research, Royal Adhesives, A …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Wood Adhesives and Binders market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are