Emergen Research’s latest market research report focuses on the global Hot Melt Adhesives (HMA) Market and the report provides in-depth analysis of each of its major segments. Reports about the global Hot Melt Adhesives (HMA) Market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Hot Melt Adhesives (HMA) industry projections and qualitative and quantitative assessments have been provided by the report's authors.
The global hot melt adhesives market size is expected to reach USD 9.10 billion in 2032 and register a steady revenue CAGR of 4.8% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for reactive Hot Melt Adhesives (HMA) over traditional adhesives is a key factor driving market revenue growth. Solvent-based adhesives have been widely used in many traditional industrial applications. However, newer hot melt adhesives are quickly replacing them due to their superior productivity, more affordable pricing, and environmental friendliness. Hot melt adhesives harden faster than solvent-based ones, enabling higher production speeds and quicker assembly times. In addition, items bonded with hot melt adhesives can be reheated, allowing for efficient repairs and adjustments. Unlike solvent-based adhesives, hot melt adhesives eliminate Volatile Organic Compounds (VOCs), which are harmful emissions potentially linked to cancer. This makes hot melt adhesives a safer and more environment-friendly choice, as these comply with VOC regulations and have low or zero VOC content. Furthermore, manufacturers are increasingly focusing on using environment-friendly products, leading to a higher demand for hot melt adhesives, thus driving revenue growth of the market.
The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Hot Melt Adhesives (HMA) market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Hot Melt Adhesives (HMA) market concerning COVID-19.
The report also discusses the key players involved in the market such as Exxon Mobil Corporation, Dow, 3M, Henkel Adhesives Technologies, Focke Group, TEX YEAR INDUSTRIES INC., H.B. Fuller Company, Arkema, Sika and Bostik
Additional information offered by the report:
- Along with a complete overview of the global Hot Melt Adhesives (HMA) Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Hot Melt Adhesives (HMA) Market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Hot Melt Adhesives (HMA) market expected to boost the growth of the industry in the coming years.
Hot Melt Adhesives (HMA) Market Segmentation:
- Resin Type Outlook (Revenue, USD Billion; 2019–2032)
- Ethylene-Vinyl Acetate (EVA)
- Styrenic Block Copolymers
- Metallocene PO (mPO)
- Polyamide
- Polyolefins
- Amorphous Poly-alphaolefin (APAO)
- Polyurethane
- Others
- Application Method Outlook (Revenue, USD Billion; 2019–2032)
- Hot Melt Glue Guns
- Hot Melt Roll Coaters
- Spray Guns and Nozzles
- Bead and Slot Extrusion
- Slot Die Coating
- End-use Outlook (Revenue, USD Billion; 2019–2032)
- Packaging Industry
- Carton and Box Sealing
- Case and Tray Forming
- Woodworking and Furniture
- Edge Banding
- Profile Wrapping
- Non-Woven Industry
- Hygiene Products (diapers, sanitary napkins)
- Medical Products (surgical drapes, gowns)
- Automotive and Transportation
- Interior Trims
- Headliners and Carpets
- Electronics
- Potting and Encapsulation
- Wire Tacking and Bonding
- Construction
- Insulation Panels
- Tile Adhesives
- Textile and Apparel
- Seam Sealing
- Applique and Embellishment
- Bookbinding and Printing
- Spine Gluing
- Book Cover Lamination
- Assembly and Product Assembly
- Packaging Industry
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ToC of the report:
Chapter 1: Hot Melt Adhesives (HMA) Market overview and scope
Chapter 2: Hot Melt Adhesives (HMA) Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Hot Melt Adhesives (HMA) Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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