Hot Melt Adhesives Market Size, Industry Analysis, Challenges, Drivers, Trends and Forecast to 2025

 According to IMARC Group’s latest report, title “Hot Melt Adhesives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global hot melt adhesive market size to grow moderately during the next five years.

Hot melt adhesives refer to solid formulations that are based on thermoplastic polymers. They remain solids under normal temperature but turn into liquids when they are heated above their softening point. Upon solidification, they return to a physical state with structural integrity and can act as an adhesive. Hot melt adhesives are manufactured by mixing thermoplastics with waxes, plasticizers, resins, fillers, and antioxidants. Compared to other adhesives, these adhesives bond instantly with plastics, ceramics, glass, paper, wood, rubbers, metal, etc. As a result, hot melt adhesives find extensive applications across the packaging, construction, food and beverage, textiles, and automotive industries.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/hot-melt-adhesive-market/requestsample

Market Trends

The expanding packaging sector is primarily catalyzing the demand for hot melt adhesives for sealing, assembling, and labeling corrugated boxes, paperboard, and other packaging products. Furthermore, rising infrastructural development is also augmenting the use of hot melt adhesives for binding ceramics, wood panels, flooring materials, and reengineered plastics. Additionally, hot adhesives are increasingly being used in the food and beverages sector for the packaging processed food and drinks as they are free from volatile organic compounds (VOCs) that cause foul odor and can deteriorate the food quality. Besides this, the advent of the PUR technology has led to the introduction of advanced product variants providing high heat resistance, UV protection, and superior binding strength, thereby further driving the global market for hot melt adhesives.

The report has segmented the market on the basis of resin type, application, product form and region.

Breakup by Resin Type:

  • Ethylene Vinyl Acetate (EVA)
  • Styrenic Block Copolymers (SBC)
  • Mettalocene Polyolefin (MPO)
  • Aamorphous Polyalphaolefins (APAO)
  • Polyolefins
  • Polyamides
  • Polyurethane (PU)
  • Others

Breakup by Application:

  • Packaging
  • Automotive
  • Printing and Publishing
  • Furnitures and Woodwork
  • Textiles
  • Electronics
  • Construction
  • Others

Breakup by Product Form:

  • Pellets
  • Blocks
  • Glue Sticks
  • Others

For more information about this report: https://www.imarcgroup.com/hot-melt-adhesive-market

Breakup by Region:

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

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 3M Company, Arkema S.A., Ashland Global Holdings Inc., Avery Dennison Corporation, Beardow & Adams Ltd., Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Paramelt B.V., Sika AG and Wacker Chemie AG.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Marke1t forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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