New York, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Hot Melt Adhesives Market are predicted to have global sales of around US$ 9.01 Bn by the end of 2023, according to recently released data on the market. Over the projection period of 2023 to 2033, the demand for Hot Melt Adhesives is expected to expand at a rate of roughly 6.3%.
By the end of 2033, Persistence Market Research projects that the global market for hot melt adhesives will be worth US$16.6 Bn. For the year 2022, it is anticipated that North America and Europe will jointly own more than 50% of the market.
Persistence Market Research recently published a new report on the global hot melt adhesives market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This research report presents exclusive facts and figures about how the market will grow over the forecast period of 2021 to 2031.
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Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the global hot melt adhesives market over the forecast period.
The study is relevant for stakeholders in the global hot melt adhesives market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in market can leverage the information and statistics presented in research report.
The report includes facts &figures related to the micro- as well as macro-economic factors that are impacting the growth of the market. The study also offers actionable insights based on the future trends in the market. Furthermore, domestic players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in the market.
Key Companies-
- DOW Inc.
- Avery Dennison Corporation
- Arkema S.A.
- Beardow & Adams (Adhesives) Ltd.
- 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.
- Evonik Industries AG
- Dycon Chemicals
- OM MIDWEST INDUSTRIES
- NANPAO
- Pidilite Industries Limited more
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Key Segments of Market
Persistence Market Research’s study on the global hot melt adhesives market is divided into three significant segments -resin, end use, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.
By Resin
- Ethylene Vinyl Acetate (EVA)
- Styrenic Block Copolymers (SBC)
- Metallocene Polyolefin (MPO)
- Amorphous Polyalphaolefins (APAO)
- Polyolefins
- Polyamides
- Polyurethane (PU)
- Others
By End Use
- Packaging Solutions
- Disposable Hygiene Products
- Furniture &Woodwork
- Automotive &Transportation
- Footwear
- Textiles
- Electronics
- Bookbinding
- Others
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia &Pacific
- MEA
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