The global hot melt adhesives (HMAs) market was valued at approximately USD 7.37 billion in 2020 and is forecasted to expand at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028. A major driver of this growth is the increasing use of HMAs in various industries, especially in packaging. HMAs are widely used in packaging applications, particularly for tasks such as sealing boxes and...
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