Hot Melt Adhesives (HMA) Market by Type (EVA, SBC, MPO, APAO, Polyamides, Polyolefins, Polyurethanes), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), and Region - Global Forecast to 2022

  • ID: 4256700
  • Report
  • Region: Global
  • 132 Pages
  • Markets and Markets
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The Hot Melt Adhesives (HMA) Market is Projected to Grow from An Estimated USD 6.92 Billion in 2017 to USD 9.46 Billion By 2022, at a CAGR of 6.5%

FEATURED COMPANIES

  • 3M Company
  • Arkema
  • Daubert Chemical Company
  • HB Fuller Company
  • Jowat Se
  • Sanyhot Adhesivos S.A.
  • MORE

"Growing use of Hot Melt Adhesives (HMAs) in packaging solutions and nonwoven hygiene products is a prime factor in the growth of the HMA market"

The Hot Melt Adhesives (HMA) market is projected to grow from an estimated USD 6.92 billion in 2017 to USD 9.46 billion by 2022, at a CAGR of 6.5%. The growth of the market is due to the increasing HMA applications in packaging solutions and nonwoven hygiene products.

"EVA is the largest resin type segment in the HMA market"

Ethylene-Vinyl Acetate (EVA) is the largest resin type segment in the HMA market, as it offers greater flexibility and has the ability to withstand adverse climatic conditions. SBC is another major segment, which is expected to grow significantly during the forecast period. Other product types of HMA include mPO and PU, which are expected to grow at moderate rates in the coming years. mPO is projected to be the fastest-growing type segment in the HMA market during the forecast period because of its increasing application in nonwoven hygiene products. PU-based HMAs find major applications in shoemaking, paper packaging, bookbinding, automotive, and specialty bag manufacturing industries.

"Rising demand in emerging markets such as the Asia-Pacific and South America is the major driver for the HMA market"

The HMA market in the Asia-Pacific region is growing at the highest CAGR, in terms of value and volume. High economic growth rate, growing manufacturing industries, cheap labor, increasing foreign investments, and rise in the applications of HMA across the packaging solutions, nonwoven hygiene products, and furniture & woodwork industries are some of the major factors expected to fuel the growth of the market. Countries such as China, India, Thailand, and Malaysia are expected to drive the growth of the market in the Asia-Pacific region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.

The breakdown of primary interviews is given below:

  • By Company Type: Tier 1 - 67%, Tier 2 - 8%, and Tier 3 - 25%
  • By Designation: C level - 25%, D level - 42%, and Others - 33%
  • By Region: North America - 17%, Europe - 42%, Asia-Pacific - 25%, Middle East & Africa - 8%, and South America - 8%

The key companies profiled in this report are, 3M Company (U.S.), Arkema (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG & Company KGaA (Germany), Jowat SE (Germany), and Sika AG (Switzerland)

Research Coverage

The market is segmented based on resin type, application, and region. This report covers the HMA market, in terms of value and volume, and forecasts its market size till 2022. The report also provides company profiles and competitive strategies adopted by the key players in the global HMA market.

Reasons to Buy the Report

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the HMA market comprehensively and provides the closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.

2. It will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

3. It will help stakeholders understand competitors and gain more insights to better their positions in the business. The competitive landscape section includes new product developments, partnerships, and mergers & acquisitions.

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FEATURED COMPANIES

  • 3M Company
  • Arkema
  • Daubert Chemical Company
  • HB Fuller Company
  • Jowat Se
  • Sanyhot Adhesivos S.A.
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 HMA Market, By Region
           1.3.2 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Research
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Research
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insight
    4.1 HMA Market Overview, 2017 vs 2022
    4.2 HMA Market, By Type
    4.3 HMA Market, By Application
    4.4 HMA Market Share in Asia-Pacific, By Application and Country
    4.5 HMA Market Share, By Application and Region
    4.6 HMA Market Attractiveness

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Wide Range of Applications
                    5.2.1.2 Increasing Replacement of Other Adhesive Technologies By HMAs
                    5.2.1.3 High Demand for HMAs in Various Diy Applications
           5.2.1 Restraints
                    5.2.1.1 Lower Thermal Resistance
           5.2.2 Opportunities
                    5.2.2.1 Booming Packaging and Nonwoven Applications in Asia-Pacific and South America
                    5.2.2.2 Increasing Use of HMAs in Road Marking Application
           5.2.3 Challenges
                    5.2.3.1 Difficulty in Usage on Hard-To-Bond Substances
                    5.2.3.2 Volatility in Raw Material Prices
    5.3 Porter’s Five Force Analysis
           5.3.1 Bargaining Power of Suppliers
           5.3.2 Threat of New Entrants
           5.3.3 Threat of Substitutes
           5.3.4 Bargaining Power of Buyers
           5.3.5 Intensity of Competitive Rivalry

6 HMA Market, By Resin Type
    6.1 Introduction
    6.2 Ethylene Vinyl Acetate (EVA)
    6.3 Styrenic Block Copolymers (SBC)
    6.4 Metallocene Polyolefin (MPO)
    6.5 Amorphous Polyalphaolefins (APAO)
    6.6 Polyolefins
    6.7 Polyamides
    6.8 Polyurethane (PU)
    6.9 Others

7 HMA Market, By Application
    7.1 Introduction
    7.2 Packaging Solutions
           7.2.1 Corrugated Boxes and Trays
           7.2.2 Carton and Side-Seam Closures
           7.2.3 Non-Pressure Sensitive Labels and Marking Systems
           7.2.4 Flexible Packaging
           7.2.5 Others
    7.3 Nonwoven Hygiene Products
           7.3.1 Baby Diapers, Nappies, and Pants
           7.3.2 Adult Incontinence
           7.3.3 Feminine Care
    7.4 Furniture & Woodwork
           7.4.1 Woodworking
           7.4.2 Structural and Non-Structural Wood Products
    7.5 Bookbinding
           7.5.1 Spine Binding
           7.5.2 Cover Page and Edge Bonding
    7.6 Others
           7.6.1 Automotive & Transport
           7.6.2 Consumer Diy
           7.6.3 Footwear
           7.6.4 Electronics

8 HMA Market, By Region
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Asia-Pacific
           8.3.1 China
           8.3.2 Japan
           8.3.3 India
           8.3.4 South Korea
           8.3.5 Malaysia
           8.3.6 Thailand
           8.3.7 Rest of Asia-Pacific
    8.4 Europe
           8.4.1 Germany
           8.4.2 France
           8.4.3 U.K.
           8.4.4 Italy
           8.4.5 Spain
           8.4.6 Russia
           8.4.7 Rest of Europe
    8.5 South America
           8.5.1 Brazil
           8.5.2 Argentina
           8.5.3 Chile
           8.5.4 Rest of South America
    8.6 Middle East & Africa
           8.6.1 Saudi Arabia
           8.6.2 Qatar
           8.6.3 South Africa
           8.6.4 Rest of Middle East & Africa

9 Competitive Landscape
    9.1 Introduction
           9.1.1 Dynamic
           9.1.2 Innovators
           9.1.3 Vanguards
           9.1.4 Emerging
    9.2 Dive Chart
    9.3 Product Offerings (For All 25 Players)
    9.4 Business Strategy (For All 25 Players)

10 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
     10.1 3M Company
     10.2 Arkema
     10.3 Avery Dennison Corporation
     10.4 Beardow & Adams (Adhesives) Ltd.
     10.5 DOW Corning Corporation
     10.6 HB Fuller Company
     10.7 Henkel AG & Co. KGaA
     10.8 Jowat Se
     10.9 Sika AG
     10.10 Tex Year Industries Inc.
     10.11 Other Players
             10.11.1 Adhesive Direct UK
             10.11.2 Adtek Malaysia SDN BHD
             10.11.3 Buhnen GmbH & Co. Kg
             10.11.4 Cherng Tay Technology Co., Ltd.
             10.11.5 Costchem SRL
             10.11.6 Daubert Chemical Company
             10.11.7 Evans Adhesive Corporation, Ltd.
             10.11.8 Evonik Industries AG
             10.11.9 Helmitin Adhesives
             10.11.10 Klebchemie GmbH & Co. Kg
             10.11.11 KMS Adhesives Ltd.
             10.11.12 Sanyhot Adhesivos S.A.
             10.11.13 Sealock Ltd.
             10.11.14 Toyobo Co., Ltd.
             10.11.15 Worthen Industries

*Details Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 HMA Market, By Resin Type, 2015-2022 (USD Million)
Table 2 HMA Market, By Resin Type, 2015-2022 (Kiloton)
Table 3 HMA Market Size, By Application, 2015-2022 (USD Million)
Table 4 HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 5 HMA Market Size, By Region, 2015-2022 (USD Million)
Table 6 HMA Market Size, By Region, 2015-2022 (Kiloton)
Table 7 North America: HMA Market Size, By Country, 2015-2022 (USD Million)
Table 8 North America: HMA Market Size, By Country, 2015-2022 (Kiloton)
Table 9 North America: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 10 North America: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 11 U.S.: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 12 U.S.: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 13 Canada: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 14 Canada: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 15 Mexico: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 16 Mexico: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 17 Asia-Pacific: HMA Market Size, By Country, 2015-2022 (USD Million)
Table 18 Asia-Pacific: HMA Market Size, By Country, 2015-2022 (Kiloton)
Table 19 Asia-Pacific: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 20 Asia-Pacific: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 21 China: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 22 China: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 23 Japan: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 24 Japan: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 25 India: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 26 India: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 27 South Korea: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 28 South Korea: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 29 Malaysia: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 30 Malaysia: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 31 Thailand: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 32 Thailand: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 33 Rest of Asia-Pacific: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 34 Rest of Asia-Pacific: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 35 Europe: HMA Market Size, By Country, 2015-2022 (USD Million)
Table 36 Europe: HMA Market Size, By Country, 2015-2022 (Kiloton)
Table 37 Europe: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 38 Europe: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 39 Germany: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 40 Germany: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 41 France: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 42 France: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 43 U.K.: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 44 U.K.: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 45 Italy: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 46 Italy: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 47 Spain: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 48 Spain: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 49 Russia: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 50 Russia: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 51 Rest of Europe: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 52 Rest of Europe: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 53 South America: HMA Market Size, By Country, 2015-2022 (USD Million)
Table 54 South America: HMA Market Size, By Country, 2015-2022 (Kiloton)
Table 55 South America: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 56 South America: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 57 Brazil: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 58 Brazil: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 59 Argentina: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 60 Argentina: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 61 Chile: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 62 Chile: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 63 Rest of South America: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 64 Rest of South America: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 65 Middle East & Africa: HMA Market Size, By Country, 2015-2022 (USD Million)
Table 66 Middle East & Africa: HMA Market Size, By Country, 2015-2022 (Kiloton)
Table 67 Middle East & Africa: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 68 Middle East & Africa: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 69 Saudi Arabia: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 70 Saudi Arabia: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 71 Qatar: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 72 Qatar: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 73 South Africa: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 74 South Africa: HMA Market Size, By Application, 2015-2022 (Kiloton)
Table 75 Rest of Middle East & Africa: HMA Market Size, By Application, 2015-2022 (USD Million)
Table 76 Rest of Middle East & Africa: HMA Market Size, By Application, 2015-2022 (Kiloton)

List of Figures
Figure 1 HMA Market Segmentation
Figure 2 HMA Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 HMA Market: Data Triangulation
Figure 6 EVA to Account for the Largest Share in HMA Market, During the Forecast Period
Figure 7 Nonwoven Hygiene Products Segment to Register the Highest CAGR During Forecast Period
Figure 8 Asia-Pacific to Witness Fastest Growth During Forecast Period
Figure 9 North America Dominated HMA Market in Terms of Value During 2016
Figure 10 HMA Market to Witness Healthy CAGR Between 2017 and 2022
Figure 11 MPO to Register the Highest CAGR During Forecast Period
Figure 12 Nonwoven Hygiene Products to Register the Highest CAGR During Forecast Period
Figure 13 China Accounted for the Largest Market Share in 2016
Figure 14 Packaging Solutions Segment Accounted for the Largest Market Share in 2016
Figure 15 Asia-Pacific to Be the Fastest-Growing HMA Market Between 2017 and 2022
Figure 16 Increasing Use in Various Applications is Driving HMA Market
Figure 17 Porter’s Five Force Analysis
Figure 18 EVA Leads the HMA Market, By Resin Type
Figure 19 Packaging Solutions Segment Leads HMA Market, By Application
Figure 20 Regional Snapshot: Asia-Pacific to Lead HMA Market By 2022
Figure 21 North America Market Snapshot: U.S. Accounted for the Largest Share in HMA Market
Figure 22 China Accounted for the Largest Share in HMA Market in 2016
Figure 23 Brazil Dominates HMA Market in South America
Figure 24 3M Company: Company Snapshot
Figure 25 Arkema: Company Snapshot
Figure 26 Avery Dennison Corporation: Company Snapshot
Figure 27 HB Fuller Company: Company Snapshot
Figure 28 Henkel AG & Co. KGaA: Company Snapshot
Figure 29 Sika AG: Company Snapshot

Note: Product cover images may vary from those shown
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  • 3M Company
  • Adhesive Direct UK
  • Adtek Malaysia SDN BHD
  • Arkema
  • Avery Dennison Corporation
  • Beardow & Adams (Adhesives) Ltd.
  • Buhnen GmbH & Co. Kg
  • Cherng Tay Technology Co., Ltd.
  • Costchem SRL
  • DOW Corning Corporation
  • Daubert Chemical Company
  • Evans Adhesive Corporation, Ltd.
  • Evonik Industries AG
  • HB Fuller Company
  • Helmitin Adhesives
  • Henkel AG & Co. KGaA
  • Jowat Se
  • KMS Adhesives Ltd.
  • Klebchemie GmbH & Co. Kg
  • Sanyhot Adhesivos S.A.
  • Sealock Ltd.
  • Sika AG
  • Tex Year Industries Inc.
  • Toyobo Co., Ltd.
  • Worthen Industries
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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