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Hot Melt Adhesives Market - PMR Market Insight Report 2014 to 2020
Persistence Market Research
Hot Melt Adhesives Market - PMR Market
Insight Report 2014 to 2020
Persistence Market Research
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Hot Melt Adhesives Market - PMR Market Insight Report 2014 to 2020
Persistence Market Research Released New Market Report on “Hot Melt
Adhesives Market - PMR Market Insight Report 2014 to 2020”.
Hot melt adhesive popularly known as hot glue is a thermoplastic adhesive which is
commonly marketed in solid cylindrical form of varied diameters. Hot melt
adhesives are designed in such a way that it can melt in electric hot glue gun. Hot
melt adhesives have unique advantage of fast processing over other adhesives.
Unlike water-based and solvent based adhesives hot melt adhesives do not need
drying after application. Hot melt adhesives begin bonding immediately after it is
applied on the object because it cools down to its solidification point immediately.
Such fast solidification feature of hot melt adhesives is ideal for industrial
application that requires high speed manufacturing line, bonding versatility, large
gap filling, fast green strength and minimal shrinkage.
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On the bases of nature global hot melt adhesives market can be bifurcated into
ethylene acrylic acid adhesives, polyolefin adhesives, polyurethane adhesives,
amorphous polyolefin, ethylene vinyl acetate adhesives, styrenic block copolymer
adhesives, polyamide adhesives and others. Hot melt adhesive are majorly applied
by the packaging industry. Other major application of hot melt adhesives includes
building and construction, paper converting, woodworking, tiles and floor adhesive
product, bookbinding, clear case bonding, soap & bubble gum wrapper coating,
footwear & leather goods, stock & tapes manufacturing, bottle labeling, automotive
headlights and glue sticks.
North America has the largest market for hot melt adhesives, followed by Europe
and Asia-Pacific. China is the largest consumer of hot melt adhesive products owing
to greater demand from manufacturing industry. North America is expected to
maintain its dominance in the forecasted period. Europe is expected to show
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Hot Melt Adhesives Market - PMR Market Insight Report 2014 to 2020
average growth. However, Asia-Pacific region is expected to witness highest growth
in the coming future. Increasing number of manufacturing units in the developing
region such as India is expected to boost the Asian market.
Increasing demand from high speed manufacturing companies is driving the global
hot melt adhesive market. Additionally, changing trend of the packaging industry
(largest end-user of hot malt adhesive) is expected to increase the global demand
for hot melt adhesive products. Also, government policy by EPA (environment
protection agency) in the U.S. and European country for using eco friendly product
is further expected to increase the demand for hot melt adhesive products to some
extent.
Browse Report: http://www.persistencemarketresearch.com/market-research/hotmelt-adhesives-market.asp
Some of the major companies operating in the global hot melt adhesive market are
Avery Dennison Corporation, Dow Corning Corporation, Sika AG, Henkel AG, H. B.
Fuller, Beardow & Adams (Adhesive) Ltd, Bostik Inc., Hexcel Corporation, Worthen
Industries, Inc., Ashland Inc., American Chemical Inc. and 3M Corporation
Key points covered in the report
Report segments the market on the basis of types, application, products,
technology, etc (as applicable)
The report covers geographic segmentation
•
North America
•
Europe
•
Asia
•
RoW
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Hot Melt Adhesives Market - PMR Market Insight Report 2014 to 2020
The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
The report provides company profiles of some of the leading companies operating in
the market
The report also provides porters five forces analysis of the market.
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