Global Hot Melt Adhesives Market-Trends, Top Manufactures, Market Demands, Industry Growth Forecast: 2025
Hot Melt Adhesives Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of hot melt adhesives market by product (ethylene vinyl acetate, polyolefins, polyamide, polyurethanes, styrene block copolymer), end-user (packaging, construction, non-woven, book binding & paper binding, furniture, footwear, electronics) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the hot melt adhesives market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global hot melt adhesives market are Arkema Inc., Dow Corning, H. B. Fuller Company, 3M Company, Henkel AG & Company KGaA, Jowat SE, Sika AG, Beardow & Adams Limited, Avery Dennison Corporation, DowDuPont Inc., and other companies. the global hot melt adhesives market is projected to grow at a CAGR of 6.2% over the forecast period of 2019-2025.
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Rising Consumption of Healthcare Products Drives the Growth of the Hot Melt Adhesives Market
The rising consumption of healthcare products drives the growth of the hot melt adhesives market. The rapidly increasing packaging industry contributes to the growth of the hot melt adhesives market. The surge in demand for packaged food items and changing lifestyles promote the growth of the hot melt adhesives market. The rising demand for hot melt adhesives in the construction sector propels the growth of the hot melt adhesives market.
The growing demand for polyolefin based adhesives promotes the growth of the hot melt adhesives market. The increasing use of hot melt adhesives for carbon closing, sealing, and pallet stabilization boosts the growth of the hot melt adhesives market. On the other side, volatile crude oil prices hinder the growth of the hot melt adhesives market. Moreover, technological advancement in hot melt adhesives creates numerous opportunities for the growth of the hot melt adhesives market.
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North America is Anticipated to Hold a Premium Share in the Global Hot Melt Adhesives Market
Based on geography, the global hot melt adhesives market is classified into North America, Asia-Pacific, Europe, and the Rest of the World. North America is anticipated to hold a premium share in the global hot melt adhesives market. The growing adoption of advanced technology in North America contributes to the growth of the hot melt adhesives market in North America.
Asia-Pacific region is expected to grow in the global hot melt adhesives market with a significant CAGR over the forecast period. The increasing demand from the automotive and packaging industries in Asia-Pacific boosts the growth of the hot melt adhesives market in Asia-Pacific. Europe is showing growth in the global hot melt adhesives market.
Hot Melt Adhesives Market: Segmentation
The report on global hot melt adhesives market covers segments such as product, and end-user. On the basis of product, the sub-markets include ethylene vinyl acetate, polyolefins, polyamide, polyurethanes, styrene block copolymer, and other products. On the basis of end-user, the sub-markets include packaging, construction, non-woven, book binding & paper binding, furniture, footwear, electronics, and other end-users.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the hot melt adhesives.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.