Global Hot Melt Adhesives Market to Reach $20.9 Billion by 2030
The global market for Hot Melt Adhesives estimated at US$15 Billion in the year 2022, is projected to reach a revised size of US$20.9 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. EVA, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$7.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rubber segment is readjusted to a revised 5.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.1 Billion, While China is Forecast to Grow at 7% CAGR
The Hot Melt Adhesives market in the U.S. is estimated at US$4.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.3 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.8 Billion by the year 2030.Select Competitors (Total 123 Featured) -
- 3M Company
- Adhesive Technologies Inc.
- Alfa International Corporation
- American Chemical, Inc.
- Ashland Global Holdings Inc.
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Limited
- Bostik Inc.
- Capital Adhesives & Packaging Corp.
- Costchem srl
- Daubert Chemical Company, Inc.
- Dow Inc.
- Evans Adhesive Corporation Ltd.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Jowat SE
- LORD Corporation
- Sika AG
- Tex Year Industries Inc.
- Toyobo Co., Ltd
- Worthen Industries Inc.
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
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Report Attribute | Details |
---|---|
No. of Pages | 234 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 15 Billion |
Forecasted Market Value ( USD | $ 20.9 Billion |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Adhesive Technologies Inc.
- Alfa International Corporation
- American Chemical, Inc.
- Ashland Global Holdings Inc.
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Limited
- Bostik Inc.
- Capital Adhesives & Packaging Corp.
- Costchem srl
- Daubert Chemical Company, Inc.
- Dow Inc.
- Evans Adhesive Corporation Ltd.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Jowat SE
- LORD Corporation
- Sika AG
- Tex Year Industries Inc.
- Toyobo Co., Ltd
- Worthen Industries Inc.