Hot Melt Adhesives Market To Expand At A Notable Growth Rate During The Forecast Period Of 2017-2023 :

Pune, India, January 2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Hot Melt Adhesives Market.


Global Hot Melt Adhesives Market: Overview


Hot melt adhesives are thermoplastic adhesives which are heated and melted before their application. Its major advantages over solvent-based adhesives such as high durability, faster drying and reduced emission of volatile organic compounds are inducing high demand for hot melt adhesives in various end-use industries. The report published by Market Research Future (MRFR) projects that the global hot melt adhesives market is marked to exhibit notable growth during the forecast period of 2017-2023. Hot melt adhesives provide various beneficial properties over solvent-based adhesives such as good thermal stability, safer storage, environmental compatibility, and others. Hence, increased utilization of hot melt adhesives or hot glues in various end-use industries to get optimum results is majorly propelling the growth of the global hot melt adhesives market.


Global Hot Melt Adhesives Market: Segmental Analysis


The global hot melt adhesives market is segmented on the basis of type and application. Based on type, the global hot melt adhesive market has been segmented into ethylene vinyl acetate, polyolefin, polyamide, polypropylene, and polyurethane. Based on applications, the global hot melt adhesive market has been segmented into food packaging, buildings & construction, woodworking, carton sealing, general consumer packaging, and others.

 Browse Complete Report @ https://www.marketresearchfuture.com/reports/hot-melt-adhesives-market-4640


Global Hot Melt Adhesives Market: Regional Analysis


Geographically, the global hot melt adhesives market has been segmented into five major regions such as Latin America, North America, Asia Pacific, Europe and the Middle East and Africa. The hot melt adhesives market in the Asia Pacific region commands the dominant share of the global hot melt adhesives market owing to the rapid expansion of end-use industries that utilize hot melt adhesives such as packaging, electronics and other, increased production of innovative adhesives, and proliferation in market investors and manufacturers in this region. Increased utilization of hot melt adhesives in the end use industries such as automotive, building and construction and others in the regions such as Germany, France, and the U.K. is majorly propelling the growth of the hot melt adhesives market in the Europe region. Rapid expansion of packaging industry especially in food and beverages sector and others is inducing high demand for hot melt adhesives, leading to the expansion of the hot melt adhesives market in the North America region. Increased production of polyurethane in the Latin America region is fueling the growth of the hot melt adhesives market in this region. Poor economic conditions are restraining the expansion of the hot melt adhesives market in the Middle East and Africa region.


Global Hot Melt Adhesives Market: Industry Updates


In January 2019, HB Fuller, a worldwide manufacturer and supplier of industrial adhesives, has announced that it will be launching two new hot melt adhesives in India which are considered as novel solutions for bookbinding application.


In July 2018, HB Fuller, a leading American manufacturer and supplier of industrial adhesives, has announced the launch of its new low-temperature adhesive for packaging production lines.


In July 2018, Beardow Adams Inc., a leading adhesive supplier, has announced the addition of a new range of hot melt adhesives to its product assembly line named Prodas 2278.


Global Hot Melt Adhesives Market: Key Players


Some of the prime players profiled by Market research Future (MRFR0 that are operating in the global hot melt adhesives market are Arkema (France), The 3M Company (the U.S.), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (the U.S.), Dow Corning Corporation (the U.S.), Sika AG (Switzerland), RPM International Inc. (the U.S.), H.B. Fuller Company (the U.S), The Dow Chemical Company (the U.S.), and others.