Press release
Glue Machine Market: Recent Industry Developments and Growth Strategies Adopted by Players
Glue machine helps in effective packaging solutions that provides all the features which are related to high durability during transportation & storage and provide moisture and shielding protection for sensitive products and components. Glue machine also used in construction purposes which are preferred for a wide range of applications in the construction industry due to their diverse properties.
Globally, glue machine has legitimately strong power which is used in almost every manufacturing sector starting from flexible, rigid packaging to textiles and have grew extensive popularity across sectors auto, aviation, construction, FMCG, healthcare amongst others.
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Glue Machine Market- Market Segmentation:
The global glue machine market can be segmented on the basis of product type, machinery type, end use type and by region. On the basis of product type glue machine can be segmented into PVA glue, hide glue, EPOXY, cyanoacrylate glue, polyurethane glue. On the basis of machinery type glue machine can be segmented into hot melt machinery, adhesives, and cold glue equipment.
Glue Machine Market - Market Dynamics:
Growth in demand for glue machine market is expected to grow strongly for several reasons. As an effect of the growth in consumer focus on convenience and sustainability, the glue machine market has been one of the fastest growing market in the last five years, and it is likely to continue to grow over the forecast period as well.
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Glue Machines Market - Regional Outlook:
Geographically, the global In-mold label market is segmented into North America, Latin America, Europe, Asia-Pacific (APAC) and the Middle East & Africa (MEA). The global glue machines market is expected to witness a stable CAGR over the forecast period of 2016-2024. Entering new markets like Asia, Russia and South America would be larger opportunities for glue machines market.
Glue Machines Market - Major Players:
Some of the major players identified across the globe in the glue machines market are Chicago Glue Machine & Supply Company, Inc., Ellsworth Adhesives, DELUMPER Div., Franklin Miller Inc., Winder, Valco Melton, Econocorp, Inc., Gluefast Co., Inc., McGuckin & Pyle, Inc., The Union Tool Corp, Inline Filling Systems, Apacks, Capital Adhesives, InLine Solutions, Inc., Indemax, Inc., Proquip, Inc., Universal Systems SE, Inc., Sonic Corp.
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