Hot Melt Adhesives Market Information- by Type (Ethylene Vinyl Acetate, Polyolefin, Polyamide, Polypropylene and Polyurethane), by Application (Food Packaging, Buildings & Construction, Wood Working, Carton-Sealing, General Consumer Packaging, Electronics and Others) - Global Forecast till 2027
ID: MRFR/CnM/3219-HCR | February 2021 | Region: Global | 136 pages
Market Synopsis:
Hot Melt Adhesives are composed of solvent free compounds which are used to develop a strong and flexible bond between the materials. They are found as solids at room temperature and are thermoplastic in nature. These adhesives are first melt, cooled and then applied on the surface to give the perfect finish. Hot Melt Adhesives also provide good thermal stability and resistance, environmental compatibility, as well as efficient, and safe storage. Owing to these benefits, they are used in various applications such as food packaging, building & construction, wood working, carton-sealing, and others.
As per our market analysis, the Global Hot Melt Adhesives Market is segmented into type and application. On the basis of type, the market is classified into ethylene vinyl acetate and polyolefin hot melts. Among these, Ethylene Vinyl Acetate Hot Melt Segment holds a major share in the market on account of their growing use in food packaging, construction and electronics. Owing to their eco-friendly and reliable nature, ethylene vinyl acetate segment is expected to continue remain the strongest market share holder in coming years. Moreover, Hot Melt Adhesives holds an edge over water based adhesives due to high mechanical resistance and excellent paraffin solubility. During the forecast period, it is predicted that the Global Hot Melt Adhesives is set to witness a higher growth in the ethylene vinyl acetate segment due to increasing demand from end-use industries. Polyolefin hot melts are formed by an extraordinary combination of base resins and tackifiers. The use of polyolefin hot melts is predicted to grow in the appliance industry due to their ability to resist moisture and water vapor and provide exceptional resistance to polar solvents and solution including acids, bases and alcohols. These adhesives are used in difficult bonding of materials such as bonding of dryer drums and plastic hoses. Applications segment are further classified into food packaging, buildings & construction, wood working, carton- sealing and others. Among these, packaging segment hold the largest share in the market and is expected to continue its dominance during the forecast period, 2017-2023.
The Global Hot Melt Adhesive Market Share by Application:
Key Players:
Some of the prominent players in the Global Hot Melt Adhesives Market: Arkema (France), The 3M Company (U.S.A), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (U.S.A.), Dow Corning Corporation (U.S.A.), Sika AG (Switzerland), RPM International Inc. (U.S.A.), H.B. Fuller Company(U.S.A), The Dow Chemical Company( U.S.A.), among others.
Regional Analysis:
The Global Hot Melt Adhesives Market is segregated into five key regions namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. During the forecast period, Asia Pacific has been emerged to grow at the highest CAGR during the forecast period owing to increasing usage in end-use industries such as wood working, general consumer packaging and electronics, among others. The success achieved in Hot Melt Adhesives Market has propelled investors and manufacturers to shift their focus from water based to Hot Melt Adhesives due to its reliable and versatile nature. Countries such as India and Japan have witnessed a significant development in the automobile and transport sector owing to advantages offered by the product such as low VOC emission, quick setting and durable retention.
Globally, European region led the Global Hot Melt Adhesives Market in 2015 and is expected to continue its rule during the forecast period, 2017-2023. The well-known players in this region are Germany, the U.K. and France due to increasing usage in heavy end industries such as automobile, defense, buildings & construction, among others.
The Global Hot Melt Adhesives Market has witnessed an enormous growth in the North American countries such as the U.S.A., Canada and Mexico due to rising demand in the packaging segment. The food packaging segment has been leading the market in this region and is anticipated to continue its dominance during the forecast period, 2017-2023. The Middle East & Africa has witnessed a stunted growth in the market due to economic slowdown of crude oil prices. Countries such as Brazil, Uruguay and Argentina in the Latin American region are estimated to witness a rapid growth in the Hot Melt Adhesives market due to rapid production and manufacturing of polyurethane units in heavy end industries.
Segmentation:
The Global Hot Melt Adhesives Market is classified into type and application. On the basis of market type, it is further segregated into ethylene vinyl acetate and polyolefin Hot Melt Adhesives. It has been observed that Hot Melt adhesives have already substituted water based adhesives due to its eco-friendly nature and antioxidant characteristics. Applications segment is further segmented into food packaging, buildings & construction, wood working, carton sealing, general consumer packaging, and others.
Geographical Analysis:
The report covers brief analysis of geographic regions such as Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Intended Audience
- Hot Melt Adhesive Manufacturers
- Traders and Distributors of Hot Melt Adhesives
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Frequently Asked Questions (FAQ) :
Ethylene vinyl acetate, polyolefin, polyamide, polypropylene and polyurethane are the main types of hot melt adhesives, majorly used in applications such as food buildings & construction, packaging, woodworks, carton-sealing, general consumer packaging, and electronics others
Ethylene vinyl acetate segment is expected to remain the strongest market share holder in the global hot melt adhesives market owing to their eco-friendly and reliable nature.
Rapid Industrialization.
Europe holds the largest share in the global hot melt adhesives market followed by Asia Pacific and North America.
The 3M Company (US), Arkema (France), Henkel AG & Co. KGaA (Germany), Dow Corning Corporation (US), Huntsman International LLC. (US), Sika AG (Switzerland), RPM International Inc. (US), The Dow Chemical Company(US), and H.B. Fuller Company(US), are some of the leading players in the global hot melt adhesives market.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Hot Melt Adhesives Market
5 Industry Overview of Global Hot Melt Adhesives Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Hot Melt Adhesives Market by Type
7.1 Introduction
7.2 Ethylene Vinyl Acetate
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 Polyolefin
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 Polyamide
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
7.5 Polypropylene
7.5.1 Market Estimates & Forecast, 2020-2027
7.5.2 Market Estimates & Forecast by Region, 2020-2027
7.6 Polyurethane
7.6.1 Market Estimates & Forecast, 2020-2027
7.6.2 Market Estimates & Forecast by Region, 2020-2027
8. Global Hot Melt Adhesives Market by Application
8.1 Introduction
8.2 Food packaging
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Buildings and Construction
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
8.4 Wood-working
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast by Region, 2020-2027
8.5 Carton Sealing
8.5.1 Market Estimates & Forecast, 2020-2027
8.5.2 Market Estimates & Forecast by Region, 2020-2027
8.6 Others
8.6.1 Market Estimates & Forecast, 2020-2027
8.6.2 Market Estimates & Forecast by Region, 2020-2027
10. Global Hot Melt Adhesives Market by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast by Type, 2020-2027
10.2.3 Market Estimates & Forecast by Application, 2020-2027
10.2.4 US
10.2.4.1 Market Estimates & Forecast, 2020-2027
10.2.4.2 Market Estimates & Forecast by Type, 2020-2027
10.2.4.3 Market Estimates & Forecast by Application, 2020-2027
10.2.5 Canada
10.2.5.1 Market Estimates & Forecast, 2020-2027
10.2.5.2 Market Estimates & Forecast by Type, 2020-2027
10.2.5.3 Market Estimates & Forecast by Application, 2020-2027
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast, 2020-2027
10.2.6.2 Market Estimates & Forecast by Type, 2020-2027
10.2.6.3 Market Estimates & Forecast by Application, 2020-2027
10.3 Europe
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast by Type, 2020-2027
10.3.3 Market Estimates & Forecast by Application, 2020-2027
10.3.4 Germany
10.3.4.1 Market Estimates & Forecast, 2020-2027
10.3.4.2 Market Estimates & Forecast by Type, 2020-2027
10.3.4.3 Market Estimates & Forecast by Application, 2020-2027
10.3.5. France
10.3.5.1 Market Estimates & Forecast, 2020-2027
10.3.5.2 Market Estimates & Forecast by Type, 2020-2027
10.3.5.3 Market Estimates & Forecast by Application, 2020-2027
10.3.6 Italy
10.3.6.1 Market Estimates & Forecast, 2020-2027
10.3.6.2 Market Estimates & Forecast by Type, 2020-2027
10.3.6.3 Market Estimates & Forecast by Application, 2020-2027
10.3.7 UK
10.3.7.1 Market Estimates & Forecast, 2020-2027
10.3.7.2 Market Estimates & Forecast by Type, 2020-2027
10.3.7.3 Market Estimates & Forecast by Application, 2020-2027
10.4 Asia Pacific
10.4.1 Market Estimates & Forecast, 2020-2027
10.4.2 Market Estimates & Forecast by Type, 2020-2027
10.4.3 Market Estimates & Forecast by Application, 2020-2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast, 2020-2027
10.4.5.2 Market Estimates & Forecast by Type, 2020-2027
10.4.5.3 Market Estimates & Forecast by Application, 2020-2027
10.4.6 India
10.4.6.1 Market Estimates & Forecast, 2020-2027
10.4.6.2 Market Estimates & Forecast by Type, 2020-2027
10.4.6.3 Market Estimates & Forecast by Application, 2020-2027
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast, 2020-2027
10.4.7.2 Market Estimates & Forecast by Type, 2020-2027
10.4.5.3 Market Estimates & Forecast by Application, 2020-2027
10.4.8 Rest of Asia Pacific
10.4.8.1 Market Estimates & Forecast, 2020-2027
10.4.8.2 Market Estimates & Forecast by Type, 2020-2027
10.4.8.3 Market Estimates & Forecast by Application, 2020-2027
10.5 Middle East & Africa
10.5.1 Market Estimates & Forecast, 2020-2027
10.5.2 Market Estimates & Forecast by Type, 2020-2027
10.5.3 Market Estimates & Forecast by Application, 2020-2027
10.5.4 Saudi Arabia
10.5.4.1 Market Estimates & Forecast, 2020-2027
10.5.4.2 Market Estimates & Forecast by Type, 2020-2027
10.5.4.3 Market Estimates & Forecast by Application, 2020-2027
10.5.5 Qatar
10.5.5.1 Market Estimates & Forecast, 2020-2027
10.5.5.2 Market Estimates & Forecast by Type, 2020-2027
10.5.5.3 Market Estimates & Forecast by Application, 2020-2027
10.5.6 North Africa
10.5.6.1 Market Estimates & Forecast, 2020-2027
10.5.6.2 Market Estimates & Forecast by Type, 2020-2027
10.5.6.3 Market Estimates & Forecast by Application, 2020-2027
10.5.7 GCC
10.5.7.1 Market Estimates & Forecast, 2020-2027
10.5.7.2 Market Estimates & Forecast by Type, 2020-2027
10.5.7.3 Market Estimates & Forecast by Application, 2020-2027
10.5.8 Rest of Middle East & Africa
10.5.8.1 Market Estimates & Forecast, 2020-2027
10.5.8.2 Market Estimates & Forecast by Type, 2020-2027
10.5.8.3 Market Estimates & Forecast by Application, 2020-2027
10.6 Latin America
10.6.1 Market Estimates & Forecast, 2020-2027
10.6.2 Market Estimates & Forecast by Type, 2020-2027
10.6.3 Market Estimates & Forecast by Application, 2020-2027
10.6.4 Brazil
10.6.4.1 Market Estimates & Forecast, 2020-2027
10.6.4.2 Market Estimates & Forecast by Type, 2020-2027
10.6.4.3 Market Estimates & Forecast by Application, 2020-2027
10.6.5 Argentina
10.6.5.1 Market Estimates & Forecast, 2020-2027
10.6.5.2 Market Estimates & Forecast by Type, 2020-2027
10.6.5.3 Market Estimates & Forecast by Application, 2020-2027
10.6.6 Rest of Latin America
10.6.6.1 Market Estimates & Forecast, 2020-2027
10.6.6.2 Market Estimates & Forecast by Type, 2020-2027
10.6.6.3 Market Estimates & Forecast by Application, 2020-2027
11. Company Landscape
12. Company Profiles
12.1 Arkema
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.2 The 3M Company
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.3 Henkel AG & Co. KGaA
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.4 Huntsman International LLC.
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.5 Dow Corning Corporation
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.6 Sika AG
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.7 RPM International Inc.
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.8 H.B. Fuller Company
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.9 The Dow Chemical Company
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
13 Conclusion
LIST OF TABLES:
Table 1 World Population by Major Regions (2020-2027)
Table 2 Global Hot melt adhesives Market: By Region, 2020-2027
Table 3 North America Hot melt adhesives Market: By Country, 2020-2027
Table 4 Europe Hot melt adhesives Market: By Country, 2020-2027
Table 5 Asia-Pacific Hot melt adhesives Market: By Country, 2020-2027
Table 6 Middle East & Africa Hot melt adhesives Market: By Country, 2020-2027
Table 7 Latin America Hot melt adhesives Market: By Country, 2020-2027
Table 8 Global Hot melt adhesives by Type Market: By Regions, 2020-2027
Table 9 North America Hot melt adhesives by Type Market: By Country, 2020-2027
Table10 Europe Hot melt adhesives by Type Market: By Country, 2020-2027
Table11 Asia-Pacific Hot melt adhesives by Type Market: By Country, 2020-2027
Table12 Middle East & Africa Hot melt adhesives by Type Market: By Country, 2020-2027
Table13 Latin America Hot melt adhesives by Type Market: By Country, 2020-2027
Table14 Global Hot melt adhesives by Application Market: By Regions, 2020-2027
Table15 North America Hot melt adhesives by Application Market: By Country, 2020-2027
Table16 Europe Hot melt adhesives by Application Market: By Country, 2020-2027
Table17 Asia-Pacific Hot melt adhesives by Application Market: By Country, 2020-2027
Table18 Middle East & Africa Hot melt adhesives by Application Market: By Country, 2020-2027
Table19 Latin America Hot melt adhesives by Application Market: By Country, 2020-2027
Table20 Global Type Market: By Region, 2020-2027
Table21 North America Hot melt adhesives Market, By Country
Table22 North America Hot melt adhesives Market, By Type
Table23 North America Hot melt adhesives Market, By Application
Table24 Europe: Hot melt adhesives Market, By Country
Table25 Europe: Hot melt adhesives Market, By Type
Table26 Europe: Hot melt adhesives Market, By Application
Table27 Asia-Pacific: Hot melt adhesives Market, By Country
Table28 Asia-Pacific: Hot melt adhesives Market, By Type
Table29 Asia-Pacific: Hot melt adhesives Market, By Application
Table30 Middle East & Africa: Hot melt adhesives Market, By Country
Table31 Middle East & Africa Hot melt adhesives Market, By Type
Table32 Middle East & Africa Hot melt adhesives Market, By Application
Table33 Latin America: Hot melt adhesives Market, By Country
Table34 Latin America Hot melt adhesives Market, By Type
Table35 Latin America Hot melt adhesives Market, By Application
LIST OF FIGURES:
FIGURE 1 Global Hot melt adhesives market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Hot melt adhesives Market
FIGURE 4 Value Chain of Global Hot melt adhesives Market
FIGURE 5 Share of Global Hot melt adhesives Market in 2020, by country (in %)
FIGURE 6 Global Hot melt adhesives Market, 2020-2027,
FIGURE 7 Sub segments of Type
FIGURE 8 Global Hot melt adhesives Market size by Type, 2020
FIGURE 9 Share of Global Hot melt adhesives Market by Type, 2020-2027
FIGURE 10 Global Hot melt adhesives Market size by Application, 2020
FIGURE 11 Share of Global Hot melt adhesives Market by Application, 2020-2027
