Trends, opportunities and forecast in this market to 2022 by application type (packaging, disposable hygiene products, pressure sensitive adhesives, automotive, construction, bookbinding, and others), polymer type (ethylene vinyl acetate based hot melt adhesives, styrene block copolymers based hot melt adhesives, polyolefin based hot melt adhesives, polyurethane based hot melt adhesives, and other hot melt adhesives), and product form (pellets, pillows, glue sticks, and others)
According to a new market report published by Lucintel, the future of the global hot melt adhesives market looks promising with opportunities in packaging, disposable hygiene products, automotive, bookbinding, and other sectors. The global hot melt adhesives market is expected to reach an estimated $9.3 billion by 2022 and is forecast to grow at a CAGR of 4.5% from 2017 to 2022.
The major growth drivers for this market are growing demand for hot melt adhesives in end use industries like packaging, disposable hygiene products, and automotive industry due to fast processing and environmental friendly properties.
Browse 70 market data tables and 79 figures spread through 179 pages and in-depth TOC on “Global Hot Melt Adhesives Market”
In this market, packaging and disposable hygiene are the major applications of hot melt adhesives.
On the basis of our comprehensive research, Lucintel forecasts that the automotive segment is expected to show above average growth during the forecast period.
Within the global hot melt adhesives market, the styrene block copolymers (SBCs) segment is expected to remain the largest market by polymer type because SBCs offer better cohesion, strength, and heat resistance. These properties of SBCs have presented sound opportunities for hot melt adhesives in the pressure sensitive adhesives industry, which will spur growth for this segment over the forecast period.
Download PDF Brochure at www.lucintel.com/rb/hot_melt_adhes…market_2017.aspx
Asia Pacific is expected to remain the largest market and anticipated to see above average growth over the forecast period due to increasing demand for packaging and disposable hygiene products in China and India.
Emerging trend, which have a direct impact on the dynamics of the market, include development of bio-based hot melt adhesives for assisting customers in reducing their dependence on petroleum based materials in packaging applications. Henkel AG, 3M Company, H.B Fuller Corporation, The Dow Chemical Company, and Sika AG are among the major suppliers of hot melt adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global hot melt adhesives market by application type, polymer type, product form, and region, and has come up with a comprehensive research report entitled, “Growth Opportunities for the Glob…ity Analysis.” The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions.
The study includes a forecast for the global hot melt adhesives market by application type, polymer type, product form, and region, as follows:
Holt melt adhesives market by application type [Volume (Million Pounds) and $ Billion Shipment from 2011 to 2022]:
- Disposable hygiene products
- Pressure sensitive adhesives
Hot melt adhesives market by polymer type [Volume (Million Pounds) and $ Billion Shipment from 2011 to 2022]:
- Ethylene vinyl acetate
- Styrene block copolymers
Hot melt adhesives market by product form [$ Billion Shipment 2016]:
- Glue Sticks
Hot melt adhesives market by region [Volume (Million Pounds) and $ Billion Shipment from 2011 to 2022]:
- North America
- United States
- United Kingdom
- Asia Pacific
- South Korea
- The Rest of the World
Category: Market Research Publishers and RetailersCompany about: Lucintel, the premier global market research and management consulting firm creates your equation for growth - whether you need to understand market dynamics, identify new opportunities or increase your profitability. Lucintel team of trusted industry experts for materials and manufacturing industries have executed over hundreds of consulting projects for clients, ranging from small, emerging organizations up to multinational companies such as 3M, Audi, BASF, Cytec, DSM, Eastman, GE, H ...
For more information: