Global Hot Melt Adhesives Market Growth 2023-2029

Global Hot Melt Adhesives 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 180°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 Adhesives Industry Forecast” looks at past sales and reviews total world Hot Melt Adhesives sales in 2022, providing a comprehensive analysis by region and market sector of projected Hot Melt Adhesives sales for 2023 through 2029. With Hot Melt Adhesives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hot Melt Adhesives industry.

This Insight Report provides a comprehensive analysis of the global Hot Melt Adhesives 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 Adhesives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hot Melt Adhesives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hot Melt Adhesives 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 Adhesives.

The global Hot Melt Adhesives market size is projected to grow from US$ 7767.2 million in 2022 to US$ 9900.2 million in 2029; it is expected to grow at a CAGR of 9900.2 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, 3M 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 Adhesives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

EVA HMA

POE HMA

SBS HMA

SIS HMA

SEBS HMA

PU HMA

APAO HMA

Polyamide HMA

Polyimide HMA

Other

Segmentation by application

Paper Packaging

Bookbinding

Label & Tape

Hygiene

Transportation

Construction

Woodworking

Textile/Footwear

Others

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.

Henkel

H. B. Fuller

Bostik(Arkema)

3M

Beardow Adams

Jowat

Avery Dennison

DOW Corning

Kleiberit

Sika AG

Tex Year Industries

Nanpao

Tianyang

Renhe

CherngTay Technology

Zhejiang Good

Huate

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hot Melt Adhesives market?

What factors are driving Hot Melt Adhesives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hot Melt Adhesives market opportunities vary by end market size?

How does Hot Melt Adhesives 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.