Hot Melt Adhesives Market 2020-2026

Global Hot Melt Adhesives Market Size, Share & Trends Analysis Report by Type (Ethylene Vinyl Acetate (EVA), Styrenic Block Copolymers (SBC), Amorphous Polyalphaolefins (APAO), Polyamide, Polyvinyl Acetate, and Others) and by Application (Packaging Solutions, Furniture & Woodwork, Nonwoven Hygiene Products, Automotive, and Others) and Forecast 2020-2026.

The global hot melt adhesives market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising packaging industry and increasing applications in untapped industries. The hot melt adhesives market is classified on the basis of type and application. Based on type, the market is segmented into ethylene vinyl acetate (EVA), styrenic block copolymers (SBC), amorphous polyalphaolefins (APAO), polyamide, polyvinyl acetate, and others. Based on application, the market is segregated into packaging solutions, furniture & woodwork, nonwoven hygiene products, automotive, and others. Among these applications, the hot melt adhesives find its significant application in packaging industry.

Geographically, the global hot melt adhesives market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is expected to contribute a significant share in the global market. The rapid urbanization and this trend are projected to continue in coming years to bring unprecedented demographic, economic and social shifts. The market has been considerably growing due to increasing awareness towards personal hygiene products. The increasing demand of packaged product in various industry such as food & beverages and e-commerce is also boosting the market growth. The demand for packaging has been steadily increasing in Asia-Pacific, especially in countries, such as, India, China, and among other South Asian countries, due to a steady growth in the food-processing sector.

The global hot melt adhesives market is influenced by product development and advancements conducted by the market players. The key players of the hot melt adhesives market include Henkel AG & Co., KGaA, 3M Co., Arkema Group, Evonik Industries AG, H.B. Fuller Co., Dow Inc., Jowat SE, and Sika AG. These players are playing a significant role in the growth of the hot melt adhesives market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

Research Methodology

The market study of the global hot melt adhesives market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.

In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

1. Global Hot melt adhesives Market Research and Analysis by Type
2. Global Hot melt adhesives Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global hot melt adhesives market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global hot melt adhesives market.
• Insights about market determinants which are stimulating the global market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.