Global Hot Melt Adhesives Growth Opportunities

Description

Technology Strategies Focus on Developing Bio-based Chemistries

Hot melt adhesives (HMAs) are a major component in packaging, nonwovens, furniture, automotive, construction, bookbinding, and other applications. HMAs have multiple advantages over other adhesive formulations, such as faster drying and setting, cost-effectiveness, and low volatile organic compound (VOC) emissions. Because HMAs have longer shelf lives, minimal waste, simpler application methods and are cheaper than solvent- and water-based adhesives, their market growth will be significant during the next 7 years.

Since 2020, the COVID-19 pandemic has adversely affected the supply chain for the global HMAs market. The frequent unavailability of shipping facilities, shutdowns at manufacturing plants and warehousing facilities, and interrupted raw material supply have caused increases in labor prices as well as transportation and ocean freight costs. Additionally, the Russo-Ukrainian War is impacting HMAs' raw material prices and supply chain. Considering these macroeconomic factors, HMA manufacturers must develop effective strategies to manage the timeliness, pricing, and quality of their inventories for the next few years.

Polyamides, ethyl vinyl acetates (EVAs), polyolefins, polyurethanes (Pus), rubber-based, and other (acrylic, silicone, and polyester chemistries combined) are the chemistry types covered in this study. The key applications considered are packaging, nonwovens, furniture and woodworking, construction, graphics and bookbinding, and other (medical, electrical and electronics, textiles, and footwear). Key adhesive types discussed are reactive and non-reactive, and pressure sensitive and non-pressure sensitive. Each of the end-use industry applications discussed includes regional volume consumption and regional revenue estimates, along with revenue and volume estimates by chemistry, reactiveness, and pressure sensitiveness. Market share for the top HMA manufacturers is discussed at a global level.

The global HMAs market is challenged by the rising need for innovative chemistries that will cater to customers' unmet needs, such as bio-based adhesives, biodegradable formulations, de-bondable HMAs, and heat-resistant adhesives. Development of new, high-performance, and innovative chemistries and other factors combined will contribute to higher prices and thereby revenue growth.

China, India, Southeast Asia, and Latin America will witness high growth in the next 7 years, due to their large, fast-growing end-consumer populations that will support end-use industry growth.

Product Code: PD98-85

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Hot Melt Adhesives (HMAs) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope of Analysis
Segmentation
Geographic Scope
Growth Metrics
Value Chain
Value Chain Analysis
Value Chain Analysis (continued)
Growth Drivers
Growth Drivers (continued)
Growth Restraints
Forecast Assumptions
Revenue and Volume Forecast
Revenue Forecast by Application
Volume Forecast by Application
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Revenue Forecast by Region
Volume Forecast by Region
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Revenue and Volume Forecast Analysis
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis
Revenue Share
Revenue Share Analysis
Competitive Environment

Growth Opportunity Analysis: Packaging

Illustration of HMA Consumption at Various Operational Stages in Packaging Applications
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraint Analysis
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Nonwovens

Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Furniture & Woodworking

Growth Driver Analysis
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Automotive

Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Restraint Analysis
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Construction

Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Graphics & Bookbinding

Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Analysis: Other Applications

Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis
Forecast Assumptions
Growth Metrics
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Revenue Forecast by Chemistry
Volume Forecast by Chemistry
Forecast Analysis by Chemistry
Forecast Analysis by Chemistry
Revenue Forecast by Reactiveness
Volume Forecast by Reactiveness
Forecast Analysis by Reactiveness
Revenue Forecast by Pressure Sensitiveness
Volume Forecast by Pressure Sensitiveness
Forecast Analysis by PS

Growth Opportunity Universe

Growth Opportunity 1: Developing Heat Resistant Products to Address Bonding Challenges
Growth Opportunity 1: Developing Heat Resistant Products to Address Bonding Challenges (continued)
Growth Opportunity 2: Developing Chemistries that Support a Circular Economy
Growth Opportunity 2: Developing Chemistries that Support a Circular Economy (continued)
Growth Opportunity 3: Strategic Partnering and Inorganic Growth Strategies for Developing New Business Strengths
Growth Opportunity 3: Strategic Partnering and Inorganic Growth Strategies for Developing New Business Strengths (continued)

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Abbreviations
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
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