The global hot melt adhesive (HMA) market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Hot Melt Adhesive (HMA) Market report is a comprehensive background analysis of the Chemical and Materials industry, which includes an assessment of the parental market. The market report also contains the drivers and restraints for the Hot Melt Adhesive (HMA) Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market by systemic company profiles.
The Global Hot Melt Adhesive (HMA) Market accounted for USD 6.50 billion in 2016 and is projected to grow at a CAGR of 6.7% during the forecast by 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast by 2024.
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Global Hot Melt Adhesive (HMA) Market, By Resin Type (Ethylene Vinyl Acetate, Styrenic Block Copolymers, Metallocene Polyolefin, Amorphous Polyalphaolefins, Polyolefins, Polyamides, Polyurethane, Others); By Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding, Others) and Forecast to 2024
Major Market Drivers:
- Extensive range of applications
- Increasing demand for eco-friendly adhesives
- Increasing demand for the pressure sensitives industries that use HMAs
- Volatility in the raw material prices
- Loss of bond strength at high temperature
Top Key Players Mentioned:
- 3M Company
- Arkema Group
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Ltd.
- DOW Corning Corporation
- HB Fuller Company
- Henkel AG & Co. KGaA
- Jowat Se
- Sika AG
- Tex Year Industries Inc.
- Adhesive Direct UK
- Adtek Malaysia SDN BHD
- Buhnen GmbH & Co. Kg
- Cherng Tay Technology Co., Ltd.
- Costchem SRL
- Daubert Chemical Company
- Evans Adhesive Corporation, Ltd.
- Evonik Industries AG
- Helmitin Adhesives
- Klebchemie GmbH & Co. Kg
- KMS Adhesives Ltd.
- Sanyhot Adhesivos S.A.
- Sealock Ltd.
- Toyobo Co., Ltd.
- Worthen Industries & Many more.
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Major Insights of the Report
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Hot Melt Adhesive (HMA) Market.
- To gain insightful analyses of the market and have a comprehensive understanding of the “Hot Melt Adhesive (HMA) Market and its commercial landscape
- Market estimates of all the key segments, sub-segments, and the regional markets throughout the forecast period
- Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Hot Melt Adhesive (HMA) Market
- To understand the future outlook and prospects for Hot Melt Adhesive (HMA) Market analysis and forecast 2018-2025.