Precision Business Insights has published a report on the global hot melt adhesives market, estimating its value at USD 15.0 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.0% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-hot-melt-adhesives-market

Market Definition:

Thermoplastic adhesives known as "hot melt adhesives" (HMA) are applied molten and solidify when cooled to form a strong bond. They are extensively utilized in electronics, bookbinding, textiles, automotive, woodworking, packaging, and personal hygiene items. HMAs are an environmentally safe and effective bonding solution since they are solvent-free, fast-setting, and have good adhesion to a variety of substrates, including metals, paper, and plastics.

Drivers:

1) Rising demand for packaging and labelling industries.
2) Growth in e-commerce and logistics sector.

The global hot melt adhesives market segmentation:

1) By Type: APAO (Amorphous Poly- Alpha Olefin, Polyamide, EVA (Ethylene Vinyl Acetate), PU (Polyurethane) SBC (Styrenic Block Copolymer), and Others.
2) By Industrial Application: Book Binding, Furniture, Non -Woven Disposables, Packaging and Pressure Sensitive Uses, and Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the hot melt adhesives market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the hot melt adhesives market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Henkel AG & Co. KGaA | H.B. Fuller Company | 3M Company | Arkema Group | Sika AG | Avery Dennison Corporation | Dow Inc. | Jowat SE | Beardow Adams Ltd. | Ashland Global Holdings Inc. | Tex Year Industries Inc. | Bostik SA | Evonik Industries AG | Franklin International | Huntsman Corporation | Adhesive Technologies Corp. | Sanyhot Adhesives Co., Ltd. | Nan Pao Resins Chemical Co., Ltd. | Toyo-Morton, Ltd. | Kleiberit SE | Paramelt B.V. | Daubert Chemical Company | Bühnen GmbH & Co. KG | Sealock Ltd. | Palmetto Adhesives Company | Beardow & Adams (Adhesives) Ltd. | Aica Kogyo Co., Ltd. | Shanghai Tianyang Hot Melt Adhesive Co., Ltd. | Delo Industrial Adhesives | ADCO Global Inc. | Chemence Ltd. | Henkel Indonesia | Sika India Pvt. Ltd. | Bond Tech Industries | Glue Dots International | Ingevity Corporation | Polybit Industries | UBE Corporation | Tianjin Huayi Chemical Co., Ltd. | Dynea AS | Collano Adhesives AG | Chengdu Guibao Science and Technology Co., Ltd. | Arkema (Bostik) | Henkel Adhesive Technologies | Huntsman Advanced Materials | Avery Dennison Performance Tapes | H.B. Fuller Construction Adhesives | Wacker Chemie AG | ITW Performance Polymers | Bemis Associates Inc. | Adtek Malaysia Sdn. Bhd.

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