The global market for hot melt adhesives (HMAs) was valued at approximately USD 7.37 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028. This growth is primarily driven by the expanding use of hot melt adhesives in various industries, particularly in the packaging sector. Hot melt adhesives are commonly used for tasks such as sealing boxes...
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