The Business Research Company’s Hot-Melt-Based Adhesives Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Hot-Melt-Based Adhesives Global Market Report 2023 evaluates hot-melt-based adhesives market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global hot-melt-based adhesives market size will grow from $15.65 billion in 2022 to $17.04 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hot-melt-based adhesives market size is expected to grow from $23.54 billion in 2027 at CAGR of 8.4%.
The hot-melt-based adhesives market segments in the report are:
1) By Type: Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types
2) By Application: Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding, Other Applications
3) By End User: Building and Construction, Packaging, Transportation, Electrical and Electronic Appliances, Healthcare, Other End Users
Get More Information On The Hot-Melt-Based Adhesives Market Report:
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The table of contents in TBRC’s hot-melt-based adhesives market report includes:
1. Executive Summary
2. Hot-Melt-Based Adhesives Market Characteristics
3. Hot-Melt-Based Adhesives Market Trends And Strategies
4. Hot-Melt-Based Adhesives Market - Macro Economic Scenario
5. Hot-Melt-Based Adhesives Market Size And Growth
.....
26. Africa Hot-Melt-Based Adhesives Market
27. Hot-Melt-Based Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hot-Melt-Based Adhesives Market
29. Hot-Melt-Based Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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The Global Hot Melt Adhesives market research report provides an insightful analysis of the current market, along with a futuristic perspective on the growth of the market.
The report offers valuable insights into the market size, market share, revenue, sales volume, and CAGR.
The information offered by the report gives an idea about the scope, potential, and profitability of the market.The recent COVID-19 pandemic has drastically changed the dynamics of the market and resulted in an economic slowdown.
The report also consists of the present and future impact of COVID-19 on the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1053Companies considered and profiled in this market study3M, Avery Dennison, Beardow Adams, Daubert Chemical, Jowat SE, Helmitin Adhesives and Henkel AGThe forecast estimation states the global Hot Melt Adhesives market is expected to dominate the economic sphere of the world with significant growth in the coming years.
The current and emerging trends are expected to shape up the industry and help in gaining a strong foothold in the global market to contribute to the revenue generation.The Global Hot Melt Adhesives market is further analyzed on the basis of key companies operating in the business sphere and major geographical regions where the market has a substantial size and growth rate.Resin Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)Ethylene Vinyl Acetate (EVA)Styrenic Block Copolymers (SBC)Metallocene Polyolefin (MPO)Amorphous Polyalphaolefins (APAO)PolyolefinsHydrocarbonRosinWater-dispersible polymerPolyamidesPolyurethaneOthersApplication Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)Packaging SolutionsNon-woven Hygienic ProductsFurniture & WoodworkBookbindingOthersZonal Partition of the Market: North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.To read more about the report @ https://www.reportsanddata.com/report-detail/hot-melt-adhesives-market The report covers extensive analysis of market segments that are anticipated to lead by the end of the forecast period (2020-2027).
The report puts a special emphasis on the upstream raw materials, downstream buyers, industrial chain analysis, technological and product advancements, and production and manufacturing capacities of the Hot Melt Adhesives market.
The global hot melt adhesives market size is expected to reach USD 9,702.2 million by 2027, exhibiting a CAGR of 5.3% during the forecast period.
The growing need for advanced products coupled with favorable government policies are factors expected to aid expansion of the global market, states Fortune Business Insights, in a report, titled “Hot Melt Adhesives Market Size, Share & COVID-19 Impact Analysis, By Raw Material (Ethylene Vinyl Acetate (EVA), Polyolefin, Styrenic Block Copolymers (SBC), Polyurethane (PU), Polyester, and Others), By Application (Packaging, Assembly, Woodworking, Transportation, Building & Construction, Footwear & Leather, Nonwovens, Bookbinding, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6,745.2 million in 2019.The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world.
Fuller Company (Minnesota, U.S.)Arkema Group (Pennsylvania, U.S.)Sika AG (Baar, Switzerland)Bostik (Wisconsin, U.S.)Jowat SE (North Carolina, U.S.)AVERY DENNISON CORPORATION (California, U.S.)LyondellBasell Industries Holdings B.V. (Rotterdam, Netherlands)Embagrap SA (Barcelona, Spain)Other Key Players Key Market Driver:Increasing Application of Hot Melt Adhesives to Enable Speedy ExpansionThe increasing application of HMAs owing to its advantages such as high productivity induced by process automation, a wide variety of applicability, eco-friendliness, and re-adhesion possibility will have a tremendous impact on this market.
The hot-melt adhesive exhibits significant advantages compared to conventional solvent-based adhesives that typically require evaporation and removal of solvents or polymerization to bind substrates together.
Hence, the growing utilization of HMA in end-use industries will positively foster the market's healthy growth.
The automotive industry experienced a massive hit due to the disruption caused by the coronavirus.
