close

Enter

Log in using OpenID

Hot Melt Adhesives Market

embed
Future Market Insights has announced the addition of the “Digital Breast Tomosynthesis (DBT) Equipment Market: Global Hot Melt Adhesives Market is Appraised to be Valued US$ 8.9 Bn by 2025 " report to their offering.
Hot Melt Adhesives Market is Appraised to be Valued US$ 8.9 Bn by 2025
According to the latest market report published by Future Market Insights (FMI) titled “Hot
Melt Adhesives Market: Global Industry Analysis and Opportunity Assessment 20152025”, the hot melt adhesives market is expected to be valued at US$ 5.4 Bn in 2015 and
expand at a CAGR of 5.2% from 2015 to 2025, accounting for US$ 8.9 Bn by 2025.
A hot melt adhesive is a thermoplastic glue that is thermally melted on application and
attains adhesion strength upon cooling. Hot melt adhesives consist of one or more
polymers as well as additives such as stabilizers, pigments and resins, which are carefully
blended to exhibit different characteristics from base polymers. Hot melt adhesives are
named after polymer bases. Various types of hot melt adhesives include ethylene vinyl
acetate, polyolefin, polyamide, styrenic block copolymers, polyester, etc. Hot melt
adhesives are used in several industries including packaging, non-woven, automotive,
product assembly, textiles, tapes and labels, woodworking, paper bonding, electronics and
many more.
Hot melt adhesives are 100% solid thermoplastic materials without any volatile organic
compounds, which makes them safe for use in production, transportation, application and
storage. They are also environment friendly and safe for use by humans. Properties such
as higher setting speeds and heat resistance and easy disposal gives hot melt adhesives
a competitive advantage over water and solvent based adhesives, and is a major factor
driving market growth. The setting speed of hot melt adhesives range between 5 and 30
seconds, enabling speedier production lines as compared to conventional adhesives. In
addition, technological advancements in polymer bases are expected to further drive this
market. Development of hydrophilic and polyamide hot melt adhesives is also gaining
attention in developed countries, thereby driving growth of the hot melt adhesives market.
Request to view table of content @
https://www.futuremarketinsights.com/toc/rep-gb-1184
On the basis of polymer base, the hot melt adhesives market has been segmented into
ethylene vinyl acetate, polyolefin, polyamide, styrenic block copolymers and others. The
ethylene vinyl acetate segment is anticipated to account for a major share in the hot melt
adhesives market by 2025. The polyolefin segment accounts for the highest market share
across the globe and is expected to witness the highest CAGR of 6.4% in terms of value,
during the forecast period (2015-2025). The styrenic block copolymers and ethylene vinyl
acetate based hot melt adhesives are anticipated to grow at a steady rate during the
forecast period.
On the basis of application, the hot melt adhesives market is segmented into packaging,
automotive, construction, healthcare products and others. Others include textile,
electronics, paper bonding and footwear. The packaging segment is expected to dominate
the market with over 35% share in the global market. Consumption of hot melt adhesives
in healthcare products is expected to increase rapidly in the near future. Application in
healthcare products is expected to witness a CAGR of 5.4% during the forecast period.
Increasing awareness pertaining to hygiene coupled with technological advancements in
polymer bases, especially for hygiene, is expected to boost demand for hot melt adhesives
during the forecast period.
The report provides detailed information about various trends driving each segment and
offers insights and analysis about market trends in specific regions. The report also
includes an overview of the parent market and key regulations regarding the application of
these adhesives. On the basis of region, the market is segmented into seven regions.
North America is expected to dominate the market with over 30% share by the end of
2015. In terms of value, Asia Pacific is anticipated to demonstrate the highest CAGR of
over 9% during the forecast period.
Further, the report presents market opportunities, future outlook, trends, BPS analysis,
market attractiveness analysis and competitive landscape of the key players in the hot
melt adhesives market. Key players have been profiled to include a company overview,
financials, operating segment share, product and service offerings, business strategies,
SWOT analysis and key developments.
Buy Hot Melt Adhesives Market Report @
https://www.futuremarketinsights.com/checkout/1184
Key players in the global hot melt adhesives market include Henkel AG & Co. KGaA, H. B.
Fuller, Sika AG, Arkema Group, Ashland Inc., The 3M Company, Jowat AG, Sipol S.p.A.,
Palmetto Adhesives Company and Sealock Ltd.
Author
ashutosh
ashutosh164   documents Email
Document
Category
Business and Leadership
Views
5
File Size
45 KB
Tags
Hot Melt Adhesives Market, market
1/--pages
Report inappropriate content