New York, NY, Aug. 05, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Hot Melt Adhesives Market By Type (Ethylene Vinyl Acetate, Amorphous Polyalphaolefins, Metallocene Polyolefin, Styrenic Block Copolymers, Polyolefins, Polyamides, Polyurethane, and Others) and By Application (Automotive, Construction, Packaging, Furniture, Non-Woven/Hygiene, Footwear, Book and Paper Binding, Electronics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global hot melt adhesives market was USD 7.37 billion in 2018 and is expected to reach around USD 11.45 billion by 2025, at a CAGR of 6.5% between 2019 and 2025.
An adhesive is used to bond two substance surfaces together and provide permanent as well as non-permanent bond to surfaces. Hot melt adhesive is a combination of additives like resins and pigments, which is formed mainly of one or more polymers that offer different characteristics to various adhesives. Hot melt adhesives are widely utilized in several end-user industries due to their various beneficial characteristics like quick adhesion, rapid bond formation, and quicker dry time.
Browse through 71 Tables & 34 Figures spread over 110 Pages and in-depth TOC on “Global Hot Melt Adhesives Market Size & Share 2018: Industry Type, Segments, Trends, Analysis, and Forecast Report, 2018–2025”.
Request Sample Report of Global Hot Melt Adhesives Market @ https://www.zionmarketresearch.com/sample/hot-melt-adhesives-market
The global hot melt adhesives market is likely to experience significant growth over the upcoming years, owing to the growing demand for innovative and improved products by various industrial sectors, such as automotive, construction, packaging, furniture, non-woven/hygiene. The rising awareness regarding non-woven/hygiene among the consumers, supportive government policies, growing investments in developing innovative hot melt adhesives are some other key factors that are likely to fuel the global hot melt adhesives market in the future. However, the low thermal resistance of hot melt adhesives may hamper the global hot melt adhesives market growth. Alternatively, the growing number of non-woven and packaging applications in the Asia Pacific and Latin America regions is likely to open new growth avenues for the major players of the market.
The global hot melt adhesives market is mainly fragmented based on type and application. By type, the market for hot melt adhesives includes styrenic block copolymers, polyamides, ethylene vinyl acetate, polyurethane, amorphous polyalphaolefins, polyolefins, metallocene polyolefin, and others. The ethylene vinyl acetate segment is anticipated to register the highest CAGR in the hot melt adhesives market globally over the projected time period.
Request for PDF Brochure of This Report: https://www.zionmarketresearch.com/requestbrochure/hot-melt-adhesives-market
By application, this global market comprises packaging, book and paper binding, construction, furniture, footwear, non-woven/hygiene, electronics, automotive, and others. The packaging segment dominated the global hot melt adhesives market in 2018 and is anticipated to show the highest CAGR in upcoming years.
The Asia Pacific region was the largest hot melt adhesives market globally in 2018, due to the region’s flourishing aerospace and marine industries. Moreover, the region is likely to register the fastest growth in the future, owing to the region’s rapidly developing automotive industry. India and India are important countries for the region’s hot melt adhesives market, due to the constantly developing industries in these countries. China was the main market for hot melt adhesives in 2018 and will continue its market dominance in the future.
Browse the full “Hot Melt Adhesives Market By Type (Ethylene Vinyl Acetate, Amorphous Polyalphaolefins, Metallocene Polyolefin, Styrenic Block Copolymers, Polyolefins, Polyamides, Polyurethane, and Others) and By Application (Automotive, Construction, Packaging, Furniture, Non-Woven/Hygiene, Footwear, Book and Paper Binding, Electronics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/hot-melt-adhesives-market
North America was the second-largest hot melt adhesives market globally in 2018. The U.S. was the major contributor to the North American hot melt adhesives in 2018. North American countries, such as the U.S., Canada, and Mexico, are showing a rise in the demand for hot melt adhesives due to the region’s developing packaging industry sector. Additionally, the current economic developments will positively influence this regional market in the future.
Europe is anticipated to witness a sustainable rate of growth in the hot melt adhesives market globally in the upcoming years, owing to the growing regional requirement for environment-friendly hot melt adhesives, increasing demand for hot melt adhesives across various industrial sectors, growing production of automotive and packaging sectors, stringent government regulations.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/hot-melt-adhesives-market
Latin America and the Middle East and Africa are projected to grow moderately in the hot melt adhesives market globally in the upcoming years, owing to the significant investments made by the international companies for hot melt adhesives projects in these regions. The governments of Argentina, Brazil, and South Africa are promoting technology usage in various sectors, which will further these regions’ hot melt adhesives market.
Some key manufacturers of the global hot melt adhesives market study are Exxon Mobil, H.B. Fuller, Arkema, Henkel AG, 3M, Jowat, Sika, Hexcel Corporation, Tex Year Industries, Beardow Adams, Dowdupont, REXtac, Heartland Adhesives, AkzoNobel, and Toyobo.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/4533
This report segments the global hot melt adhesives market into:
Global Hot Melt Adhesives Market: Type Analysis
- Ethylene Vinyl Acetate (EVA)
- Amorphous Polyalphaolefins (APAO)
- Metallocene Polyolefin (MPO)
- Styrenic Block Copolymers (SBC)
- Polyolefins
- Polyamides
- Polyurethane (PU)
- Others
Global Hot Melt Adhesives Market: Application Analysis
- Automotive
- Construction
- Packaging
- Furniture
- Non-Woven/Hygiene
- Footwear
- Book and Paper Binding
- Electronics
- Others
Global Hot Melt Adhesives Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Hydrogen Storage Market: https://www.zionmarketresearch.com/report/hydrogen-storage-market
- Industrial Absorbents Market: https://www.zionmarketresearch.com/report/industrial-absorbents-market
- Metal Bonding Adhesives Market: https://www.zionmarketresearch.com/report/metal-bonding-adhesives-market
- Water Filters Market: https://www.zionmarketresearch.com/report/water-filters-market
- Instant Adhesives Market: https://www.zionmarketresearch.com/report/instant-adhesives-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Visit Our Blog: https://techpru.com | http://zmrnewsnetwork.com
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://newszmr.com