Bio-Based Hot Melt Adhesive (HMA) Market Industry Analysis and Forecast By 2031
This Bio-Based Hot Melt Adhesive (HMA) market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Bio-Based Hot Melt Adhesive (HMA) report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyzes that the global bio-based hot melt adhesive (HMA) market is expected to reach USD 665.1 million by 2031, which was USD 332.7 million in 2023, registering a CAGR of 9.1% during the forecast period of 2024 to 2031.
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Market Overview:
The packaging industry is a major driver as hot melt adhesives are extensively used for sealing and bonding in the packaging sector due to their quick bonding capabilities. Hot melt adhesives offer fast bonding, making them ideal for industries that require high-speed production, such as automotive and textiles. Continuous product innovation and the development of specialized formulations for various applications can drive market growth and maintain their dominance throughout the forecast period.
Some of the major players operating in the Bio-Based Hot Melt Adhesive (HMA) market are 3M Company (U.S.), Arkema (U.S.), Avery Dennison Corporation(U.S.), Beardow & Adams (Adhesives) Ltd. (U.S.), DOW Inc. (U.S.), HB Fuller Company (U.S.), Henkel AG & Co. KGaA (Germany), Jowat Se (Germany), Sika AG (Switzerland), Tex Year Industries Inc.(Taiwan), Adtek Malaysia SDN BHD (Malaysis), Buhnen GmbH & Co. Kg (Germany), Cherng Tay Technology Co., Ltd.(China), and Evonik Industries AG (Germany) among others.
Global Bio-Based Hot Melt Adhesive (HMA) Market Scope
The bio-based hot melt adhesives market is segmented on the basis of resin type, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Resin Type
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Ethylene Vinyl Acetate (EVA)
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Styrenic Block Copolymers (SBC)
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Metallocene Polyolefin (MPO)
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Amorphous Polyalphaolefins (APAO)
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Polyolefins
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Polyamides
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Polyurethane (PU)
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Others
End-User
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Packaging Solutions
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Disposable Hygiene Products
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Furniture & Woodwork
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Automotive & Transportation
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Footwear
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Textiles
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Electronics
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Bookbinding
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Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Bio-Based Hot Melt Adhesive (HMA) Market Landscape
Part 04: Global Bio-Based Hot Melt Adhesive (HMA) Market Sizing
Part 05: Global Bio-Based Hot Melt Adhesive (HMA) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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