The Global Hot Melt Adhesive Market was valued at US$7.95 billion and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.8% during the forecast period that is 2019-2025. According to the research studies Europe was the largest share-holding market of this industry. The capacity of hot melt adhesives to instantly fuse with the plastics, ceramics and other product is expected to boost the market in upcoming time span.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global hot melt adhesive market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global industrial coating market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to four main geographies, namely, North America, Europe, APAC, and RoW. 

Segment Analysis

By Nature Insights:  Based on the nature, the global hot melt adhesives market has been categorized as ethylene acrylic acid adhesives, polyolefin adhesives, polyurethane adhesives, amorphous polyolefin, ethylene vinyl acetate adhesives (EVA), styrene block copolymer adhesives, polyamide adhesives and others. Amongst all of these ethylene vinyl acetate adhesives recorded the largest volumes share in the market and is expected to dominate the market in upcoming period. Hot metal adhesives are going to be in high demand in forecast period due to their property of not getting affected by humidity, moisture and other environmental conditions and durability.

By End-User Insights: Based on the end-user, the global hot melt adhesives market has been categorized as packaging product, furniture, footwear, textile, automobile, construction, paper converting, tape manufacturing and others. Increasing demands from high speed manufacturing companies is effecting the hot melt adhesive market. According the research and analysts, automobile region is expected to witness high growth in upcoming time period and is expected to dominate the market owing to increasing use of hot melts in the product assembly and in the commercial vehicles. Packaging industry has witnessed high growth in the market of hot melt adhesives due to demand of packaging food. Footwear, paper-making industry and leather market is expected to witness moderate growth in upcoming time period.

Regional Analysis

The global hot melt adhesive market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. According to the research North America was the highest leading region in the market of hot melt adhesives and is considerably expected to condemn the market in upcoming years. European countries are the leading manufacturers of automobiles and a paper industry, which is expected to aid the growth of hot melt adhesive market in upcoming period. The dominance of Europe to the market is due to proper availability of raw material and upgraded technology.

Global Hot Melt Adhesive Market Size, Share Analysis By Region 2017

Asia-Pacific market is expected to witness a high growth in upcoming years. Increasing manufacturing companies in developing countries in Asia region such as china, Japan and India is expected to boost the market in upcoming years. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.     

Global Hot Melt Adhesive Market Study Objective

To forecast the market size of global hot melt adhesive market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

Market analysis and forecast of global hot melt adhesive market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

To analyze and elaborate significant factors that will have major impact on the growth of global hot melt adhesive market, such as drivers, restraints, challenges and opportunities.

Regional analysis of global hot melt adhesive market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

To provide detailed analysis of competitive and strategic developments in the global hot melt adhesive market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key player landscape:

Bostik Inc., Hexcel Corporation, Worthen Industries, Inc., Ashland Inc., American Chemical Inc., Avery Dennison Corporation, Dow Corning Corporation, Sika AG, Henkel AG 3M Corporation are some of the key manufacturers in the market of global hot melt adhesive market.

Global Hot Melt Adhesive Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market prediction & projection to develop effective strategies for optimizing their market position.