Hot Melt Adhesives Market Research Report- Forecast to 2027

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

Please note that the assessment period of report has been updated from 2016-2023 to 2020-2027. Cordially fill the sample form for updated data.

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:Hot Melt Adhesive Market


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.

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