Global Hot Melt Adhesive (HMA) Market Growth 2023-2029
The hot melt adhesives are defined as adhesives that melt and flow on application of heat and solidify on cooling to give a strong adhesion. They are applied in a molten state at temperatures that range from 120°C to 205°C depending on applications and materials to be bonded.
Hot-melt adhesives are composed of three main components: a high-molecular-weight polymer that provides the adhesives’ main structure and mechanical properties, a resin/tackifier that provides wetting and adhesion properties, and a plasticizer (or wax) that controls viscosity. The defining component of the hot melt and the basis by which it is segmented is the polymer, the most commonly used being polyamides, polyesters, ethylene-vinyl acetates, polyurethanes, and various block copolymers.
LPI (LP Information)' newest research report, the “Hot Melt Adhesive (HMA) Industry Forecast” looks at past sales and reviews total world Hot Melt Adhesive (HMA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hot Melt Adhesive (HMA) sales for 2023 through 2029. With Hot Melt Adhesive (HMA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hot Melt Adhesive (HMA) industry.
This Insight Report provides a comprehensive analysis of the global Hot Melt Adhesive (HMA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hot Melt Adhesive (HMA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hot Melt Adhesive (HMA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hot Melt Adhesive (HMA) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hot Melt Adhesive (HMA).
The global Hot Melt Adhesive (HMA) market size is projected to grow from US$ 7767.2 million in 2022 to US$ 9921 million in 2029; it is expected to grow at a CAGR of 9921 from 2023 to 2029.
At present, there are many manufacturers in every region and the major manufacturers’ activities of hot melt adhesives are Henkel, H. B. Fuller, Bostik Inc, 28M Company, Beardow & ADAMS, Jowat, Avery Dennison, DOW Corning and Kleiberit, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Hot Melt Adhesive (HMA) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
EVA
SBC
MPO
APAO
Polyamides
Polyolefins
Polyurethanes
Segmentation by application
Packaging Solutions
Nonwoven Hygiene Products
Furniture & Woodwork
Bookbinding
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Adhesive Direct
Adtek Malaysia
Arkema
Avery Dennison
Buhnen
Cherng Tay Technology
Daubert Chemical
Evans Adhesive
Hb Fuller
Helmitin Adhesives
Jowat
Klebchemie
Kms Adhesives
Sanyhot Adhesivos
Sealock
Sika
Tex Year Industries
Worthen Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hot Melt Adhesive (HMA) market?
What factors are driving Hot Melt Adhesive (HMA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hot Melt Adhesive (HMA) market opportunities vary by end market size?
How does Hot Melt Adhesive (HMA) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook