Global PUR Hot Melt Adhesives market - Segmented by Application, Type and Geography - Trends and Forecasts (2016 - 2021)

  • ID: 3605966
  • Report
  • Region: Global
  • 127 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Aerocoll
  • Bostik SA
  • Evonik
  • Hexcel Corporation
  • L.D. Davis
  • National Starch
  • MORE
Global PUR Hot melt adhesives market is currently valued at $795.87 million in 2014 and is expected to reach $1161.29 million by 2020 showing a Compound Annual Growth Rate (CAGR) of 6.5%. North America has the largest market for PUR hot melt adhesives, followed by Europe and Asia-Pacific. United States is expected to maintain its dominance in the forecasted period. Europe is expected to show average growth. However, Asia-Pacific region is expected to witness highest growth in the coming future. Increasing number of manufacturing units in the developing region such as India is expected to boost the Asian market. In APAC region, China is the largest consumer of PUR hot melt adhesive products owing to greater demand from manufacturing industry.

Polyurethane Reactive (PUR) hot melt has a combination of different positive attributes found in various, unique adhesives. PUR hot melt is not found in the normal form of a glue stick or bulk pellet, instead, it is melted from a solid prior to application and commonly dispensed from a 10oz tube similar to caulking adhesive. PUR hot melt solidifies through moisture in the air to form a super strong bond that will not re-melt. The adhesive has two variants, high and low temperature. Knowing the application is crucial when working with these variants.

PUR glues are a recent development for perfect binding and are largely different from the EVA and SBR (styrene butadiene rubber) hot melt. They polymerize when applied so that they form much stronger bonds than traditional hot melt. They also possess superior flexibility and can withstand a larger range of temperatures. They are expensive than traditional EVA hot melt (2-4X) but application rates are much lower. Transitioning to reactive hot-melt polyurethane (PUR) offers companies a way to stay relevant and competitive.

There is low control on the consumption of high VOC adhesives in China and India, due to the absence of related government policies. Market players are keen to expand their product portfolio and offer it to consumers at competitive prices. The major market players are focusing on R&D activities to innovate products under the regulations of EPA and REACH. Other development strategies opted by market players include signing agreements and collaborations to optimize their distribution chain in growing economies.

Companies profiled in the PUR hot melt adhesives market report include 3M Corporation, American Chemical Inc., Ashland Inc., Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd., Bostik Inc., Dow Corning Corporation, Nordson, Evans Adhesive Corporation Ltd, H.B. Fuller, Henkel AG, Hexcel Corporation, Huntsman Corporation and Jowat AG among others.

Drivers

This growth is largely by advancements in technology various increase in application usage has growing demand. Major end user industries are growing, which in turn has spurred the growth of adhesives and sealants. Market users for adhesives and sealants vary from construction to packaging and labeling, automotive industry, footwear, transportation, Assembly, Consumer DIY and woodworking. Growth in the market over the next few years will be driven by growing product penetration in new application markets, product differentiation and innovations.

Challenges

Volatility in raw material prices provides a major challenge on the global hot melt adhesives market by 2020. Raw materials for adhesives are polymeric materials may be naturally occurring and synthetic where natural polymers like starch, gelatin, asphalt, bitumen natural rubber, and resin and synthetic polymers like vinyl & acrylics have witnessed a volatility in raw material costs during this period especially affected demand for hot melt adhesive during 2013 and 2014. Growing volatility in the prices of raw materials has increased pressure on margins of adhesives manufacturers.

What the report contains

The report elucidates the situation of PUR Hot Melt adhesives around the world and studies its markets by application which include Packaging, Hygiene Products, Automotive, Furniture, Footwear, Textile, Electronics, Bookbinding and others; and by Type - Non-reactive and Reactive.

Lastly, the report is divided by geography - North Americas, Europe, the Asia-Pacific (APAC), South America and Middle-East & Africa; where-in the market share of each region is analyzed and estimates are provided for the next 5 years.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Aerocoll
  • Bostik SA
  • Evonik
  • Hexcel Corporation
  • L.D. Davis
  • National Starch
  • MORE
1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. PUR Hot Melt Adhesives Market
3.1 Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter’s 5 Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Vast Range of End-User Industries
4.1.2 Growing demand from developing countries
4.1.3 Substituting Other Adhesive Technologies
4.2 Restraints
4.2.1 Volatility in raw material prices
4.2.2 Economic cycles
4.3 Opportunities
4.3.1 Bio-based PUR hot melt
4.3.2 Innovative Product Development
5. Market Segmentation and Analysis
5.1 By Type
5.1.1 Non-reactive
5.1.2 Reactive
5.2 By Application
5.2.1 Packaging
5.2.2 Hygiene Products
5.2.3 Automotive
5.2.4 Furniture
5.2.5 Footwear
5.2.6 Electronics
5.2.7 Textile
5.2.8 Bookbinding
5.2.9 Others
6. Regional Market Analysis (Market size, growth and forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle-East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
7. PUR Hot Melt Adhesive Up and Down Stream Industry Analysis
8. Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures, Collaborations and Agreements
8.3 Market Share Analysis
8.4 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
9.1 3M
9.2 Adhesive Technologies, Inc.
9.3 Aerocoll
9.4 Alfa International Corporation
9.5 American Chemical, Inc.
9.6 Ashland, Inc.
9.7 Ato Findley
9.8 Avery Dennison Corporation
9.9 Beardow & Adams (Adhesives) Ltd.
9.10 Bostik SA
9.11 BÜHNEN
9.12 Dow Corning Corporation
9.13 Dymax
9.14 Evans Adhesive Corporation Ltd.
9.15 Evonik
9.16 Franklin Adhesives & Polymers
9.17 Glenmar Technology
9.18 H. B. Fuller
9.19 Henkel AG & Co. KGaA
9.20 Hexcel Corporation
9.21 Huntsman Corporation
9.22 Illinois Tool Works Inc.
9.23 Jowat AG
9.24 KLEBCHEMIE M. G. Becker GmbH & Co. KG
9.25 L.D. Davis
9.26 LORD Corporation
9.27 MACtac
9.28 MAPEI
9.29 Momentive Specialty Chemicals Inc.
9.30 National Starch
9.31 Nordson
9.32 Paramelt B.V
9.33 Reichhold
9.34 Royal Adhesives & Sealants
9.35 RPM International Inc.
9.36 Sika AG
9.37 Uniseal Inc.
9.38 Valco
9.39 Wacker Chemie AG
9.40 Yokohama Industries Americas Inc.
10. Disclaimer
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- Adhesive Technologies, Inc.
- Aerocoll
- Alfa International Corporation
- American Chemical, Inc.
- Ashland, Inc.
- Ato Findley
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Ltd.
- Bostik SA
- BÜHNEN
- Dow Corning Corporation
- Dymax
- Evans Adhesive Corporation Ltd.
- Evonik
- Franklin Adhesives & Polymers
- Glenmar Technology
- H. B. Fuller
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Huntsman Corporation
- Illinois Tool Works Inc.
- Jowat AG
- KLEBCHEMIE M. G. Becker GmbH & Co. KG
- L.D. Davis
- LORD Corporation
- MACtac
- MAPEI
- Momentive Specialty Chemicals Inc.
- National Starch
- Nordson
- Paramelt B.V
- Reichhold
- Royal Adhesives & Sealants
- RPM International Inc.
- Sika AG
- Uniseal Inc.
- Valco
- Wacker Chemie AG
- Yokohama Industries Americas Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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