Hot Melt Adhesives Market Size, Share & Trends Analysis Report By Product, By Application (Packaging, Assembly, Woodworking, Automotive, Nonwovens, Others), By Region, And Segment Forecasts, 2025 - 2030

Hot Melt Adhesives Market Growth & Trends

The global hot melt adhesives market size is estimated to reach USD 11.65 billion by 2030, registering to grow at a CAGR of 4.3% from 2025 to 2030 according to a new report by Grand View Research, Inc. Increasing demand for hot melt adhesives in packaging applications, including cardboard and corrugated boards, is anticipated to propel market growth over the coming years.

Easy handling, little waste, and good storage life are the key characteristics augmenting the market growth. Bio-based adhesives are hot melts and are gaining popularity owing to their sustainability as they are 60% renewable and economical and are usually deployed in carton sealing and tray forming.

Rising demand for adhesives in bookbinding and bonding of shoe soles and applique is propelling the market growth. Hot melt adhesives are extensively used for bonding low-energy polymeric surfaces such as acetals, polyolefins, and polystyrene, thus driving the product demand in component assembly and the automotive industry.

Established key players are opting for sustainable methods for producing high-performance adhesives for various applications in the end-user industries. For instance, in 2021, Henkel in collaboration with Dow has launched Technomelt Supra ECO, a hot melt adhesive range that has low CO2 emission and is made by using bio-based materials.

The key players in the market are focusing on expanding their product portfolio and business verticals by mergers& acquisitions of small-scale specialty chemical manufacturers. For instance, in January 2021, Huntsman International LLC acquired Gabriel Performance Products, a company involved in manufacturing specialty additives, adhesives, and sealants.

Hot Melt Adhesives Market Report Highlights

• The Ethylene-vinyl Acetate (EVA) segment dominated the market with a revenue share of 39.3% in 2024 owing to its excellent adhesion properties and flexibility, which make it suitable for use in various applications.
• The packaging segment held the largest market revenue share in 2024. This dominance is due to the extensive use of hot melt adhesives in various packaging applications, including case and carton sealing, tray forming, and labeling.
• The Asia Pacific hot melt adhesives market dominated the global market with a revenue share of 51.7% in 2024.

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