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Hot Melt Adhesives Market Global Trends 2017 to 2024, Future Growth & Industry Drivers

Hot Melt Adhesives Market Global Trends 2017 to 2024, Future

Hot Melt Adhesives Market size is set to exceed USD 10 billion by 2024. Application potential hygiene, packaging, footwear, electronics, and automobile industries will favour HMA market size. Longer shelf life, cost effective, fast drying, reused without degradation and easily disposable are key properties stimulating product demand.

Global Market Insights has announced the addition of a new forecast research report "Hot Melt Adhesives Market Size By Product (EVA, SBC, Amorphous Polyolefin, MPO, PU, Polyamide, Polyester), By Application (Packaging, Disposables, Pressure Sensitive Products, Bookbinding, Furniture, Footwear, Automobiles, Textiles, Electronics), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Malaysia, Thailand, Australia, Brazil, Argentina, Mexico, Saudi Arabia, UAE, South Africa, Tanzania, Kuwait), Price Trend, Competitive Market Share & Forecast, 2016 – 2024".

Request for a sample pages from this research@
www.gminsights.com/request-sample/detail/263

The Hot Melt Adhesives Market Report Consists of,

1. Methodology and Scope
2. Executive Summary
3. Hot Melt Adhesives Industry Insights

3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends

4. Hot Melt Adhesives Market Product Insights

EVA hot melt adhesives market size will witness gains at above 5%. It is majorly used in woodworking, paper, and automobile industries due to durability, versatility, and intact adhesion. Shift in consumer preference towards packed products consumption accompanied with FDA regulations regarding indirect or direct food contact should promote product demand.

Styrenic block copolymers HMAs are essential feedstock for pressure sensitive products such as tapes and labels owing to its good heat resistance, high elongation, low temperature flexibility and good adhesion.

Source Report:
https://www.gminsights.com/industry-analysis/hot-melt-adhesives-market

5. Hot Melt Adhesives Market Application Insights

Hot melt adhesive market consumption from packaging applications should witness significant gains to surpass USD 3 billion by 2024. They are mainly used in food & beverages packaging & labelling as they have good adhesion and high intact properties.

Increasing emphasis on bio-based hot melt adhesives market development mainly for packaging applications should drive industry growth. It does not contain any hazardous materials along with favourable government guidelines, thereby making it suitable for food & beverage packaging applications.

Hot melt adhesives market size from furniture applications may witness gains at above 4%. Polyurethane, polyamide and EVA are preferably used for woodworking and furniture owing to bond strength for metal, glass and wood, thereby making it suitable for architectural elements and profile wrapping.

Make an Inquiry for Purchasing this report@
www.gminsights.com/inquiry-before-buying/263

6. Hot Melt Adhesives Market Regional Insights

U.S. polyester hot melt adhesives market size should register close to 5% growth. It is prominently used in textiles & fabrics, footwear and automobile industries. Strong outlook towards textile industry and protective clothing along with increasing high efficiency and light weight automobile production should drive regional growth.

Germany hot melt adhesives market size from disposables application should witness gains at over 5%. Positive application outlook in female hygiene, baby diapers and adult incontinence should drive industry growth. The industry is gaining acceptance and importance owing to superior quality properties usually for producing baby diapers, thereby supporting regional growth.

China hot melt adhesives market size from automobile application should register over USD 50 million by 2024. It is used in seating, door sealant, auto seat upholstery, exterior trim bonding, package tray attachment, water shields, and headliner attachment.

Read our News on GlobeNewswire@
https://globenewswire.com/news-release/2017/04/04/954012/0/en/Hot-Melt-Adhesives-Market-to-hit-10bn-by-2024-Global-Market-Insights-Inc.html

7. Competitor Profiles

Some of the companies present in this market include Henkel AG, H.B. Fuller, Bostik, 3M Company, Dow Chemical, Jowat, Avery Dennison, Ashland, Tex Year Industries and Hunstman Corp.

About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

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