Hot Melt Adhesives Market Analysis, Industry Share, Opportunities, Growth Factors, Business Revenue and Forecast 2028
The global Hot Melt Adhesives Market size is projected to grow at a CAGR of 4.8% during the projected period from 2022 to 2028. Increasing use of hot glue adhesives in the packaging industry for a variety of applications, such as food and consumer packaging boxes and carton sealing, is driving market growth. Hot melt adhesives (HMAs) are suitable for DIY applications because they adhere to a variety of materials and surfaces such as cloth, paper, ceramics, metals, corrugated board and plastics. DIY leads developed countries such as North America and Europe, but it is a relatively new concept. DIY applications include crafts, general merchandise packaging, and woodworking.
Market Segmentation
By Product
- Ethylene-vinyl Acetate (EVA)
- Polyurethane
- Rubber
- Polyolefin
- Others
By Application
- Packaging
- Assembly
- Woodworking
- Automotive
- Nonwovens
- Others
By Companies:
- Henkel AG & Co. KGaA
- B. Fuller Company
- Dow
- Sika AG
- Jowat SE
- Arkema Group
- Ashland
- 3M
- Avery Dennison Corporation
- Beardow Adams
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key Questions Answered by Hot Melt Adhesives Market Report
- What was the Hot Melt Adhesives Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Hot Melt Adhesives Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Hot Melt Adhesives Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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