Hot Melt Adhesives Market Report

Hot Melt Adhesives Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022

Format: PDF  |  Report ID: GVR1810

Strong demand in construction sector is projected to positively influence the global hot melt adhesives market over the forecast period. Growing construction spending in emerging countries such as China, Brazil, India, Malaysia, Indonesia and Vietnam is expected to boost the hot melt adhesives market. Increasing demand for pressure sensitive industries which use hot melt adhesives is forecasted to increase international trade thereby aiding the overall market. Hot melt adhesives ability to instantly bond with reengineered plastics, ceramics and various other types of composites over other conventional adhesives is expected to drive the overall market. Newer industry participants have been crucial for the market growth. Initiatives to overcome supply demand imbalance by developing lucrative applications may help in gaining competitive advantage over the other market players. Continuous demand in this market has led to huge technological advancements, which has further grown the hot melt adhesives market. Growing demand for polyolefin based adhesives is expected to bolster the hot melt adhesives market. Switching from the solvent based conventional adhesives due to its hazardous effects is touted to fuel the hot melt adhesives market growth. Strong adhesion without having to reapply after the application is another advantage over other solvent based adhesives. Volatile crude oil prices are expected to hinder the hot melt adhesive market. Compliance with strict regulations in developed countries is expected to result in sluggish market growth.

Hot melt adhesives market has enormous market base spread across various industries. Major applications include packaging, building, construction, paper converting, woodworking and tiles. This trend is touted to bolster the heat transfer fluid market over the forecast period. Packaging industry which has the maximum hot melt adhesive usage has witnessed substantial growth in the past few years, thereby aiding the hot melt adhesives market. Other major applications include floor adhesive products, bookbinding, clear case bonding, soap wrapper coating, bubble gum wrapper coating, stock manufacturing, tape manufacturing, automotive headlight and glue sticks. Footwear industry is expected to witness significant growth over the next seven years. This is expected to aid the hot melt adhesives market in the near future. Applications in the leather market have seen a promising growth pattern over the past five years. This trend is expected to assist the global market for hot melt adhesives. Labeling bottles is a major end-use industry for hot melt adhesives is expected to grow substantially over the forecast period. Paper converting which is an upcoming market has an extremely high usage for hot melt adhesives. This trend is slated to considerably grow over the next seven years. Construction and building applications have been a high growth sector in the past and this development is presumed to continue in the near future.

North America was the most dominant regional hot melt adhesives market and accounted for nearly one third of the total global demand. Europe and Asia-Pacific have been witnessing substantial growth in the recent past and are expected to experience brisk growth over the next seven years. Central & South America is also projected to witness rapid hot melt adhesives market growth. Boom in infrastructure in Brazil owing to the Olympics in 2016 is anticipated to have direct impact on the hot melt adhesives regional market. Countries such as China, India, Malaysia, Vietnam, Indonesia and Japan are touted to experience brisk growth owing to rapid end-use industries growth.

Prominent hot melt adhesives participants include The 3M Company, American Chemicals Inc., Worthen Industries Inc., Ashland Inc., Wisdom Adhesives, Avery Dennison Corporation, Jowat AG, DOW Corning Corporation, Evans Adhesives Corporation Limited, H.B. Fuller Company, Dynea OY, Henkel AG & Company KGAA, Costchem SRL, Hexcel Corporation, Bostik Inc., Huntsman Corporation, BEMIS Associates Inc., SIKA AG, Beardow & ADAMS (Adhesives) Limited.

 

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA