Hot Melt Adhesives Market
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Transparency <strong>Market</strong><br />
Research<br />
<strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong> (Product Type - Ethylene Vinyl<br />
Acetate, Polyolefin - Global Industry Analysis, Size, Share,<br />
Growth, Trends, and Forecast 2016 - 2024<br />
Published Date<br />
09-May-2017<br />
185 Page Report<br />
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Request Sample<br />
Press Release<br />
Global <strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong>: Increasing Usage in Packaging<br />
Applications to Drive Growth, says TMR<br />
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<strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
<strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016<br />
- 2024<br />
Global <strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong>: Snapshot<br />
The global market for hot melt adhesives is gaining significant impetus from the rise in the<br />
trading activities, leading to a high demand for packaging. The increasing construction activities<br />
across the world is also fueling the need for hot melt adhesives substantially. On the other hand,<br />
the volatility in crude oil prices and the easy availability of substitutes are likely to create<br />
hindrances in the higher adoption of hot melt adhesives across the world in the years to come.<br />
This 185 page report gives readers a comprehensive overview of the <strong>Hot</strong> <strong>Melt</strong><br />
<strong>Adhesives</strong> <strong>Market</strong>. Browse through 35 data tables and 65 figures to unlock the hidden<br />
opportunities in this market.<br />
http://www.transparencymarketresearch.com/hot-melt-adhesives-market.html<br />
Overall, the worldwide market for hot melt adhesives is expected to report thriving success over<br />
the next few years, rising at a CAGR of 5.20% between 2016 and 2024. The opportunity in this<br />
market is projected to increase from US$6.00 bn in 2015 to US$9.44 bn by the end of 2024.<br />
Asia Pacific to Surface as Most Promising Regional <strong>Market</strong> for <strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong><br />
The global market for hot melt adhesives is spread across Latin America, the Middle East and<br />
Africa, North America, Europe, and Asia Pacific. With a share of more than 33%, Europe led the<br />
global market in 2015. However, following the gloomy economic condition and the Brexit<br />
referendum, the market may witness a slight decline in its market share over the forthcoming<br />
years.<br />
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<strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong><br />
Asia Pacific, on the other hand, is anticipated to emerge as the most promising regional market<br />
for hot melt adhesives in the near future, thanks to the increasing construction activities and<br />
demand for packaging as Asia Pacific is considered as the global hub for trading activities. China<br />
is anticipated to lead the Asia Pacific market over the next few years. Several other countries in<br />
this region, such as India and Japan, are also projected to report a high demand for hot melt<br />
adhesives in the years to come. Among other regional markets, the Middle East and Africa is<br />
expected to witness moderate to high growth while Latin America is anticipated to report a slow<br />
progress over the next few years.<br />
Demand for Ethylene Vinyl Acetate-based <strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> to Remain Strong<br />
Ethylene vinyl acetate, polyamide, polyurethanes, and styrene block copolymer are the key types<br />
of products available in the global hot melt adhesives market. Among these, the demand for<br />
ethylene vinyl acetate is higher than others. Researchers anticipate this trend to continue over<br />
the forthcoming years, owing to the low price of ethylene vinyl acetate-based hot melt adhesives<br />
and their increasing popularity in the packaging and the construction sectors. Polyurethane is<br />
also projected to experience a significant increase in its demand over the years to come.<br />
The packaging, construction, non-woven, book binding and paper binding, furniture, footwear,<br />
and the electronics industries have surfaced as the key end users of hot melt adhesives. The<br />
packaging industry has been reporting the most prominent demand for hot melt adhesives and is<br />
expected to retain its position as their leading consumer over the coming years. The construction<br />
sector is also projected to report a high demand for hot melt adhesives in the near future.<br />
Get accurate market forecast and analysis on the <strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong>. Request<br />
a sample to stay abreast on the key trends impacting this market @<br />
http://www.transparencymarketresearch.com/sample/sample.php?<br />
flag=S&rep_id=8488<br />
The global hot melt adhesive market is fragmented with a number of players operational in it. 3M Co., H.B.<br />
Fuller, Henkel AG & Co. KgaA, Hexcel Corp., Dow Corning Corp., Heartland <strong>Adhesives</strong>, Sika AG, Bostik Inc.,<br />
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<strong>Hot</strong> <strong>Melt</strong> <strong>Adhesives</strong> <strong>Market</strong><br />
Jowat SE, Toyobo Co. Ltd., and Avery Denninson Corp. are some of the leading vendors of hot melt adhesives<br />
across the world.<br />
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