Market Research Report
Hot Melt Adhesives Market Size, Industry Analysis Report, By Products, By Application, Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026
|Published by||Global Market Insights Inc.||Product code||555397|
|Published||Content info||320 Pages
Delivery time: 2-3 business days
|Hot Melt Adhesives Market Size, Industry Analysis Report, By Products, By Application, Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026|
|Published: October 23, 2019||Content info: 320 Pages||
Hot Melt Adhesives Market Size, Industry Analysis Report, By Products (Ethylene Vinyl Acetate (EVA), Styrenic Block Copolymer (SBC), Amorphous poly-alpha-olefin (AMOP), Metallocene Polyolefins (MPO), Polyurethane (PU), Polyamide (PA), Polyester), By Application (Packaging, Disposables, Pressure sensitive products, Book binding, Furniture, Footwear, Automobile, Textile, Electronics), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026.
Hot Melt Adhesives Market is expected to exceed USD 10 billion by 2026. Favorable regulations supporting application of high-quality adhesives to enhance consumer safety in automobile manufacturing may drive market share.
Some major findings of the market report include:
Rising e-commerce sector and increase in online retail channels may trigger the demand of hot melt adhesives in packaging sector. Stringent government regulations in packaging industry towards the use of nontoxic adhesives and lowering residual toxicity levels may have positive impact on product demand.
Rising population, growing demand for high performance textiles from everyday wear and sports & fitness may drive the market for polyester based hot melt adhesives in textile market. They are utilized in fabric lamination, fusible textile interlinings, and hem & seam sealing owing to compatibility with natural & synthetic fibers, quick drying time, and nontoxic residual nature.
The market for polyurethane based adhesives may increase owing to its extensive use in various end industries such as electronics, pharmaceuticals, and cosmetics packaging. It's characteristics such as flexibility, temperature & moisture resistance, and good adhesion to wide range of substrates such as glass, metal, and plastic may foster overall hot melt adhesives market share.
Stringent automobile regulations to utilize high performance materials in Europe may boost the market for high performance coatings. They are widely used in manufacturing automobile headlights, seats, carpets, and roof liners owing to quick drying action, low residual concentration, blob free, and light weight bonding. Rising automobile sector owing to increasing disposable income, and easy availability of low interest automotive loans may propel hot melt adhesives market.
Hot melt adhesives market participants are engaged in joint ventures & partnerships to offer high quality and diverse range of products. Companies are focusing on investing in new manufacturing techniques to create product differentiation and expand product portfolio. Industry players are introducing products with quick drying time, high flexibility, and increased resistance to environmental susceptibilities.