Hot Melt Adhesives (HMA) Market Size, Scope, Growth Opportunities, Trends by Manufacturers And Forecast

The Global Hot Melt Adhesives (HMA) Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Hot Melt Adhesives (HMA) industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Hot Melt Adhesives (HMA) market along with crucial statistical data about the Hot Melt Adhesives (HMA) market. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

The global hot melt adhesives market size is expected to reach USD 9.10 billion in 2032 and register a steady revenue CAGR of 4.8% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for reactive Hot Melt Adhesives (HMA) over traditional adhesives is a key factor driving market revenue growth. Solvent-based adhesives have been widely used in many traditional industrial applications. However, newer hot melt adhesives are quickly replacing them due to their superior productivity, more affordable pricing, and environmental friendliness. Hot melt adhesives harden faster than solvent-based ones, enabling higher production speeds and quicker assembly times. In addition, items bonded with hot melt adhesives can be reheated, allowing for efficient repairs and adjustments. Unlike solvent-based adhesives, hot melt adhesives eliminate Volatile Organic Compounds (VOCs), which are harmful emissions potentially linked to cancer. This makes hot melt adhesives a safer and more environment-friendly choice, as these comply with VOC regulations and have low or zero VOC content. Furthermore, manufacturers are increasingly focusing on using environment-friendly products, leading to a higher demand for hot melt adhesives, thus driving revenue growth of the market.

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Hot Melt Adhesives (HMA) industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Hot Melt Adhesives (HMA) industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Hot Melt Adhesives (HMA) industry.

It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

Exxon Mobil Corporation, Dow, 3M, Henkel Adhesives Technologies, Focke Group, TEX YEAR INDUSTRIES INC., H.B. Fuller Company, Arkema, Sika and Bostik

Radical Highlights of the Hot Melt Adhesives (HMA) Market Report:

  • Comprehensive overview of the Hot Melt Adhesives (HMA) market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Hot Melt Adhesives (HMA) market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Hot Melt Adhesives (HMA) market expected to boost the growth of the industry in the coming years.

Hot Melt Adhesives (HMA) Market Segmentation:

  • Resin Type Outlook (Revenue, USD Billion; 2019–2032)

    • Ethylene-Vinyl Acetate (EVA)
    • Styrenic Block Copolymers
    • Metallocene PO (mPO)
    • Polyamide
    • Polyolefins
    • Amorphous Poly-alphaolefin (APAO)
    • Polyurethane
    • Others
  • Application Method Outlook (Revenue, USD Billion; 2019–2032)

    • Hot Melt Glue Guns
    • Hot Melt Roll Coaters
    • Spray Guns and Nozzles
    • Bead and Slot Extrusion
    • Slot Die Coating
  • End-use Outlook (Revenue, USD Billion; 2019–2032)

    • Packaging Industry
      1. Carton and Box Sealing
      2. Case and Tray Forming
    • Woodworking and Furniture
      1. Edge Banding
      2. Profile Wrapping
    • Non-Woven Industry
      1. Hygiene Products (diapers, sanitary napkins)
      2. Medical Products (surgical drapes, gowns)
    • Automotive and Transportation
      1. Interior Trims
      2. Headliners and Carpets
    • Electronics
      1. Potting and Encapsulation
      2. Wire Tacking and Bonding
    • Construction
      1. Insulation Panels
      2. Tile Adhesives
    • Textile and Apparel
      1. Seam Sealing
      2. Applique and Embellishment
    • Bookbinding and Printing
      1. Spine Gluing
      2. Book Cover Lamination
    • Assembly and Product Assembly

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The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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