Hot melt adhesive (HMA), sometimes known as hot glue, is a type of thermoplastic adhesive that comes in the shape of solid cylindrical sticks of varied diameters that are supposed to be applied with a hot glue gun. The pistol uses a continuous-duty component to melt the plastic glue, which the user pushes through the gun with either a mechanical trigger mechanism or direct finger pressure. The glue squeezed from the heated nozzle is initially hot enough to burn and even blister flesh. When warmed, the adhesive becomes tacky and solidifies in a few seconds to at least one minute.
Hot Melt Adhesives Market Overview:
Maximize Market Research provides a brief description of Hot Melt Adhesives Market. It includes the latest snapshots of the Hot Melt Adhesives market, and best understands its features with an overview of the market that highlights standard topics and customizes the data as needed. This overview will help clients decide how to approach the Hot Melt Adhesives market and understand the situation in the industry.
Hot Melt Adhesives Market size was valued at USD 9.09 Bn. in 2022 and the total Hot Melt Adhesives revenue is expected to grow at a CAGR of 4.8 % from 2023 to 2029, reaching nearly USD 12.63 Bn.
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Hot Melt Adhesives Market Scope:
The report also provides an in-depth analysis of the competitive landscape of the market. The bottom-up approach was used to estimate the Hot Melt Adhesives market size by value. SWOT analysis and Porter's Five Forces Analysis were used to define, characterize, and analyze the competitive landscape of the Hot Melt Adhesives market, with a focus on key players. The research provides a comprehensive analysis of the Hot Melt Adhesives market, including its size, growth, supply, demand, share, innovations, and recent developments. This information can be used by key stakeholders for strategic planning and to achieve organizational success. The Hot Melt Adhesives market report also covers the key players in the industry, including their company profiles, revenue, product specifications, production capacity, sales, price, and gross margin.
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Hot Melt Adhesives Market Segmentation:
by Product
Ethylene-vinyl Acetate (EVA)
Polyurethane
Rubber
Polyolefin
Others
by Application
Packaging
Bookbinding
Assembly
Woodworking
Automotive
Nonwovens
Others
by Type
Polyamide
EVA (Ethylene-Vinyl Acetate)
SBC (Styrenic Block Copolymers)
PU (Polyurethane)
APAO (Amorphous Poly-Alpha olefin & POE (Polyolefin Elastomers)
Others
Table Of Content:
1. Global Hot Melt Adhesives Market: Research Methodology
2. Global Hot Melt Adhesives Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Hot Melt Adhesives Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Hot Melt Adhesives Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Key Players:
Subsequently, the report proceeds with a detailed analysis of the leading participants in the Hot Melt Adhesives market, including established players and emerging contenders. This thorough examination encompasses an evaluation of their market share derived from various factors, including revenue, demand, top-tier product manufacturers, sales, and service providers. Furthermore, the research assesses aspects such as capacity utilization, sources of raw materials, import-export dynamics, the value chain, pricing structures, and the industrial supply chain. The report prominently features the following
key players:
1. Henkel &Co. KGaA
2. Jowat SE
3. Sika AG
4. 3M Company
5. Bostik Inc.
6. Avery Dennison Corporation
7. H.B. Fuller Company
8. Arkema Group
9. Westlake Chemical Corporation
10.Beardow& Adams (Adhesives) Limited.
11.DowDuPont Inc.
12.Arkema Group
13.Ashland
14.Delo Industrial Adhesives
15.BASF SE
16.Huntsman International LLC
17.RPM International Inc.
18.Evonik Industries AG
19.Westlake Chemical Corporation
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Regional Analysis:
The report has analyzed the Hot Melt Adhesives market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and the Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East & Africa)
The study includes in-depth insights into multiple development possibilities and difficulties in the aforementioned regions, depending on various types of commodities, applications, end-users, and nations, among others. The study also contains essential aspects of the Hot Melt Adhesives market, such as sales growth, product pricing and analysis, growth potential, and recommendations for addressing market difficulties in the provided areas.
Key Questions Answered in the Hot Melt Adhesives Market Report are:
- What is Hot Melt Adhesives ?
- What is the expected CAGR of the Hot Melt Adhesives market during the forecast period?
- Which region held the largest Hot Melt Adhesives market share in 2022?
- What are the major drivers of the Hot Melt Adhesives Market?
- What are the Hot Melt Adhesives Market segments?
- What factors are expected to challenge the market growth during the forecast period?
Key Offerings:
- A detailed market overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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