Hot Melt Adhesives Market size was valued at USD 9.52 Bn. in 2023 and the total Hot Melt Adhesives revenue is expected to grow at a CAGR of 4.8 % from 2024 to 2030, reaching nearly USD 13.22 Bn.

Hot Melt Adhesives Market Overview:

The Hot Melt Adhesives market study can be tailored to include pricing trend analysis of target brands, market insights for other countries, clinical trial results data, literature research, refurbished market and product base analysis, and more. Competitive analysis can range from technology-based research to market portfolio strategies. We can provide data on as many competitors as needed, in the format and type of your choice. Our analysts can also deliver data in raw excel files, pivot tables, or assist in creating presentations based on the report's data sets.

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Hot Melt Adhesives Market Scope:

The Hot Melt Adhesives market study provides insights into each of the top end users, with yearly estimates through 2030. The study forecasts global market revenue, sales, and growth rates, including forecasts for product, application, and geographic sectors. These forecasts help individuals understand the industry's prospects and opportunities.

Hot Melt Adhesives Market Drivers:

The increasing demand for polyurethane is a major factor driving the rise in polymer-based hot melt adhesives (HMAs) consumption. Polyurethane, a low-volatile organic compound, is extensively used as a fundamental material in the production of HMAs. These adhesives are specifically designed to bond non-porous materials such as metal and wood, making them highly suitable for applications in bookbinding, shoemaking, and product packaging. Due to its exceptional strength, quick setting time, and durability, polyurethane is ideal for a wide range of woodworking tasks, including finish carpentry, shoe and furniture repair, glassware restoration, laminate countertops, construction and renovation, ceramic ceiling tiles, and more.

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Hot Melt Adhesives Market Segmentation:

by Product

Ethylene-vinyl Acetate (EVA)
Polyurethane
Rubber
Polyolefin
Others

by Application

Packaging
Bookbinding
Assembly
Woodworking
Automotive
Nonwovens
Others

by Type

Polyamide
EVA (Ethylene-Vinyl Acetate)
SBC (Styrenic Block Copolymers)
PU (Polyurethane)
APAO (Amorphous Poly-Alpha olefin & POE (Polyolefin Elastomers)
Others

Hot Melt Adhesives Market Key Players:

The competitive landscape of the Hot Melt Adhesives market provides information on competitors, including business overviews, financials, revenue generated, market potential, R&D investment, new market efforts, global presence, production sites and facilities, production capacity, corporate strengths and weaknesses, product introduction, product width, and breadth, and application dominance. The data points relate to businesses focused on the Hot Melt Adhesives industry. Key players include:

1. Henkel &Co. KGaA
2. Jowat SE
3. Sika AG
4. 3M Company
5. Bostik Inc.
6. Avery Dennison Corporation
7. H.B. Fuller Company
8. Arkema Group
9. Westlake Chemical Corporation
10.Beardow& Adams (Adhesives) Limited.
11.DowDuPont Inc.
12.Arkema Group
13.Ashland
14.Delo Industrial Adhesives
15.BASF SE
16.Huntsman International LLC
17.RPM International Inc.
18.Evonik Industries AG
19.Westlake Chemical Corporation

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Hot Melt Adhesives Market Regional Analysis:

The regional segment of the Hot Melt Adhesives market analysis includes individual market influencing factors and changes in market regulations affecting current and future trends. Key variables for forecasting market conditions in specific countries include consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material prices, and downstream and upstream value chain analysis. Forecast analysis also considers the presence and availability of global brands, challenges from local and domestic brands, and the impact of domestic tariffs and trade channels.

COVID-19 Impact Analysis on Hot Melt Adhesives Market:

The report includes a comprehensive analysis of the impact of Covid-19 on the [Market Name] Market. The World Health Organization has designated Covid-19 a global health emergency due to its impact on thousands of patients worldwide. The Coronavirus disease affects various segments of the [Market Name] Market.

Key Questions Answered in the Hot Melt Adhesives Market Report:

• What are the crucial factors aiding the Hot Melt Adhesives market growth?
• Which region has the maximum share in the Hot Melt Adhesives market?
• What will be the CAGR of the Hot Melt Adhesives market during the forecast period (2024-2030)?
• Which segment emerged as the leading segment in the Hot Melt Adhesives market?
• Who are the main players in the Hot Melt Adhesives market?

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