Theglobal hot melt adhesives marketis gaining significant momentum from rising trading activities, leading to a strong demand for packaging. The rising construction activities across the globe is also fueling the demand for hot melt adhesives market. Considering this fact, Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new market report to its huge online repository with the title “Hot Melt Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”. This report analysis the present state as well as the future opportunities in the global hot melt adhesives market.
The global hot melt adhesives market is expected to rise at a CAGR of 5.20% between 2016 and 2024. At this pace, the market is likely to reach a value of US$9.44 billion by the end of 2024 from US$6.00 billion in 2015. This report analyzes and forecasts the global hot melt adhesive market at the regional and global level. The report forecasts the market in terms of volume (kilo tons) and revenue (billion US$) between 2016 and 2024, taking 2015 as the base year. The report further includes drivers and restraints of the global market, along with their impact on demand for hot melt adhesive market during the assessment period. It also features opportunities in the hot melt adhesive market at the regional and global level. Moreover, the report includes detailed study of value chain, which provides an all-inclusive view of the global hot melt adhesive market. It also encompasses market attractiveness analysis, in which end-users are benchmarked based on their growth rate, market size and general attractiveness.
The report provides a decisive view of the global hot melt adhesive market by segregating it on the basis of product type and end-users. In terms of product type, the global hot melt adhesive market is classified into EVA, polyamide, polyolefin, Styrene Block Copolymer, polyurethane and others. Among these types, the demand for ethylene vinyl acetate is higher than others and it is anticipated that this trend will continue throughout the forecast period. While, in terms of end-use, hot melt adhesive is segregated into packaging, non-woven, construction, book binding & paper binding, footwear, electronics, furniture and others. Geographical segmentations include present and forecast for Asia Pacific, North America, Europe, Latin America and Middle East & Africa.
The report comprises profiles of key companies operating in the global hot melt adhesives market. Some of the major players in the hot melt adhesive market include 3M Company, Avery Dennison Corporation, DOW Corning Corporation, H. B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Hexcel Corporation, Toyobo Co. Ltd, Sika AG, Bostik Inc. and Heartland Adhesives LLC. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and major recent developments.
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