Hot Melt Adhesive Market Price Trends 2020, Industry Analysis, Growth, Share and Forecast till 2026

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Japan, Japan, Thu, 15 Jul 2021 04:48:43 / Comserve Inc. / -- The hot melt adhesives market is expected to grow at a CAGR of over 5.57% during the forecast period 2020-2026.

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Hot Melt Adhesives Market Report

The hot melt adhesives market is expected to grow at a CAGR of over 5.57% during the forecast period 2020-2026.

Hot melt adhesives are witnessing high growth due to the rising demand in packaging, assembly, bookbinding, woodworking, and other applications industries. The high end-user variability of the industry makes the hot melt adhesives market one of the high-growth industries with high opportunities for vendors with different product categories. APAC is one of the major contributors to the rapid growth of the adhesive market due rise in end-user industries that prefer hot melt adhesives due to their longer shelf life. The manufacturing sector is estimated to grow by around 10% over the next 5 years, which is expected to boost the demand for hot melt adhesives across the globe.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-114098

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The report considers the present scenario of the hot melt adhesives market and its market dynamics for the period 2021−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

HOT MELT ADHESIVES MARKET SEGMENTATION
The global hot melt adhesives market research report includes a detailed segmentation by raw material, product form, applications, end-user, distribution, geography. The ongoing trend of eco-friendly products is likely to create more opportunities for bio-based hot-melt adhesives in the upcoming years. Players are continuously focusing on introducing environment-friendly products in the global hot melt adhesives market. EVA hot melt adhesives are flexible and compatible with various other polymers and additives which makes the procedure easy. It is one of the raw materials used in hot melt adhesive that have application in the high-performance packaging industry.

Hot melt adhesives also come in pellet form are made up of chemical compounds that help in quick adhesion on permeable and impermeable surfaces. These hot melt adhesives in pellets is available in form of slugs, sachets, firm, powder, and tablets. It is most suitable for application in the manufacturing process where rapid melting is required. The pellets segment is expected to grow at a CAGR of 5.66% between 2020 and 2026.

The demand for consumer flexible packaging is high in the food and beverage, healthcare, and pet food segments. The demand for industrial packaging is expected to increase in the pharmaceutical industry due to the robust demand for drugs and PPE manufacturing. The industrial flexible packaging market is expected to witness high growth in the APAC region. There is high market demand in countries such as Singapore, Hong Kong, and New Zealand due to cost-effective labor, growing infrastructure, and established logistics.

The industrial end-user of the hot melt adhesives market is expected to witness incremental revenues of USD 3,421.55 million and absolute growth of 39% between 2020 to 2026. The automotive, aerospace, and electronics, are the early adopters of new adhesive technologies as they explore more robust weight-reducing materials. The packaging market in North America is at a mature stage and provides constant demand for hot melt adhesives. The hot melt adhesives are used in the construction market during the repair and installation of floors, tiles, and ceilings. Residential use of hot melt adhesive includes the individual purchase of adhesives which is used for residential purposes such as DIY and other home improvement activities.

COMPETITIVE LANDSCAPE
The global hot melt adhesives market is highly competitive with global, regional, and local players. Global hot melt adhesive companies have come up with new strategies such as the introduction of new products, marketing, and promotional activities, investing in joint ventures, and following dual-brand strategies in some regions to capture higher shares.

Prominent Vendors:
• 3M
• Arkema
• H.B. Fuller
• Henkel
• Sika

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-114098

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

KEY QUESTIONS ANSWERED:

1. How much is the hot melt adhesives market worth?
2. Which region holds the largest share in the hot melt adhesives market?
3. Which segment is estimated to hold the largest share in the global hot melt adhesives market?
4. Which factors are expected to drive the adoption of these hot melt adhesive products?
5. Who are the top players in the global hot melt adhesives market?

Table of Content

1 Research Methodology
2 Research Objectives
3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market Segmentation by Raw Material
4.3.2 Market Segmentation by Product Form
4.3.3 Market Segmentation by Application
4.3.4 Market Segmentation by End-User
4.3.5 Market Segmentation by Distribution
4.3.6 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Glue Guns
7.2.1 Glue Guns Market in US
7.2.2 Glue Guns Market in APAC
7.3 Impact of COVID-19
7.3.1 Impact of COVID-19 on Raw Materials
7.3.2 Winners
7.3.3 Neutrals
7.3.4 Losers

8 Market Opportunities & Trends
8.1 Booming Packaging and Nonwoven Applications
8.2 Development of Bio-Based Hot Melt Adhesives
8.3 Increased Demand for Polyurethane-Based Hot Melt Adhesives

9 Market Growth Enablers
9.1 Increased Use of Hot Melt Adhesives in DIY Activities
9.2 Use of Hot Melt Adhesives in Automobile Industry
9.3 Rise in Demand from Construction Industry

 

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

The post Hot Melt Adhesive Market Price Trends 2020, Industry Analysis, Growth, Share and Forecast till 2026 appeared first on Comserveonline.

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