Hot Melt Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018 - 2028

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Hot Melt Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018 - 2028

Status : January, 2020 | Chemical & Materials | PPT format

Report Digest


Global Hot Melt Adhesives Market: Overview

A machine needs components that help fix or join two or more parts together for a particular function. This requires materials that are capable of sticking to components, and they are often termed as adhesives. Now there are several types of adhesives in the market, but, each industry has its own preference based on the need. Hot melt adhesives are those that are melted along with the components to be joined. As the electronics, automotive, and packaging industries continue to grow, the demand for products in the global hot melt adhesives market is also expected to rise in the coming years.

An upcoming report on the global hot melt adhesives market by TMR Research is expected to shed light on the current trends ad factors that are influencing growth. At the same time, the report also shares details on current challenges that will impede growth and the potential opportunities from which both, existing and upcoming players can benefit in the forecast period.

Global Hot Melt Adhesives Market: Notable Developments

The competitive landscape of the global hot melt adhesives market is unlike many other markets in the chemicals and materials sector. Inundated with quality products and those that meet most requirements of users, the scope of rolling out a new products is little. However, the competition lies in the ability to produce large volumes of product in the global hot melt adhesives market. With growing demand from all three prominent industries, the volume of production is expected to swell in the coming years. To meet this challenge, companies in the global hot melt adhesives market are looking at technologies that will improve their production capacity. At the same time, most companies that have a strong foothold in mature markets like North America and Europe, are looking to expand in emerging regions in Asia Pacific. The room for growth in developing nations in this region is higher and hence the focus on establishing manufacturing facilities in these regions with latest technology will define the competency of companies in the future.

Some of the prominent names in the global hot melt adhesives market are

  • 3M
  • Alfa International Corporation
  • Arkema Group (Bostik SA)
  • Ashland Inc.
  • Avery Dennison Corp.
  • Sika AG
  • DowDuPont
  • Dymax
  • AICA ASIA Pacific Holding Pte Ltd
  • HB Fuller Co.
  • Henkel AG & Co. KGaA
  • Hexcel Corporation
  • Yokohama Industries Americas Inc.
  • Huntsman Corporation
  • Jowat SE
  • Mactac
  • Mapei SpA
  • Paramelt BV
  • Pidilite Industries Ltd

Global Hot Melt Adhesives Market: Key Trends

Here are some of the prominent trends that are likely to drive growth in the global hot melt adhesives market

Electronics Industry

There is nothing more compelling than finding new business opportunities in the electronics sector. There is not a day that passes without a new product launch. That one factor is sufficient to keep the demand in the global hot melt adhesives market growing. As the need for electronics increases with day, the launch of new products is expected to increase. This also means that the demand for products in the global hot melt adhesives market is also expected to surge in the coming years.

Automotive

While the automobile industry is currently facing a slump in growth, experts opine that the sector will resurge to business in the next few months. Change in fuel technology and designs to suit new models will bring back the buzz in the automobile industry. And, this will have a positive impact on the global hot melt adhesives market’s growth in the coming years. With new products expected to hit the market in automobile sector, the need for products that meet requirements in the global hot melt adhesives market will also arise. This means the scope for business in the global hot melt adhesives market is expected to expand.

Global Hot Melt Adhesives Market: Regional Analysis

According to experts, Asia Pacific is expected to reign the global hot melt adhesives market. Countries like India, Japan, and China are likely to occupy the highest demand volumes for products in the global hot melt adhesives market. A positive growth graph for almost all important end-use sectors of the global hot melt adhesives market will influence growth during the forecast period.

The global hot melt adhesives market is segmented based on

Resin Type

  • Thermoplastic Polyurethane
  • Ethylene Vinyl Acetate
  • Styrenic-butadiene Copolymers
  • Polyolefins
  • Polyamide

End-user Industry

  • Building and Construction
  • Paper, Board, and Packaging
  • Woodworking and Joinery
  • Transportation
  • Footwear and Leather
  • Healthcare (including Hygiene Products)
  • Electronics

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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