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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Hot melt adhesive is an adhesive that is used across packaging, automotive, nonwovens, product assembly, tapes and labels, woodworking, paper bonding, and electronics sectors due to its adhesion properties. It is a thermoplastic polymer containing more than one polymer and additive such as pigments, resins, and stabilizers.

The global hot melt adhesives market is projected to surpass US$ 9.8 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.2% during the forecast period (2020 to 2027).

Among regions, Europe held dominant position in the global hot melt adhesives market in 2019, accounting for 29% market share, in terms of volume, followed by North America and Asia Pacific.

The development of hydrophilic hot melt adhesives and polyamide hot melt adhesives is expected to propel the market growth. For example, polyolefin hot melt adhesives are developed using metallocene as a catalyst and they exhibit better performance. Due to this, hot melt adhesives are gaining popularity across the packaging industry. Thus, the rise in the packaging sector is augmenting the growth of the hot melt adhesives market. These factors are expected to drive the growth of the global hot melt adhesives market during the forecast period.

Figure 1. Global Hot Melt Adhesives Market, Revenue Share (%) Analysis, By Region, 2019

Hot Melt Adhesives  | Coherent Market Insights

Factors such as the increasing global population and growing awareness about personal hygiene are projected to favor the market growth. The increasing population is favoring demand for hot melt adhesives in disposable hygiene products. Also, the growing consumption of hot melt adhesives in the packaging industry is expected to facilitate the market growth.

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Hot Melt Adhesives Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 6.4 Bn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 5.2% 2027 Value Projection: US$ 9.8 Bn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Mexico, Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, Rest of Asia Pacific
  • Middle East & Africa: South Africa, GCC Countries, Rest of Middle East & Africa
Segments covered:
  • By Polymer Base: Ethylene-vinyl acetate (EVA), Polyolefin, Polyamide, Styrene Butadiene Block Copolymer (SBC), and Others
  • By Application: Packaging, Automotive, Construction, Healthcare products, and Others
Companies covered:

Henkel AG & Co. KGaA, H B Fuller, Sika AG, Arkema Group, Ashland Inc., The 3M Company, Jowat AG, Sipol SpA, Palmetto Adhesives Company, and Sealock Ltd.

Growth Drivers:
  • Competitive advantage of hot melt adhesives over solvent-based & water-based adhesive types
  • Rising Technological Advancements
Restraints & Challenges:
  • Limited adhesion strength when compared with epoxy, acrylics, polyurethanes.

Figure 2. Global Hot Melt Adhesives Market – Opportunity Analysis

Hot Melt Adhesives  | Coherent Market Insights

An increasing number of distribution agreements and partnerships among market players are expected to drive the market growth. For instance, in April 2020, DKSH Business Unit Performance Materials became a key distribution partner for DD Chem in Europe and Asia Pacific. The products by DD Chem offers can be used in various applications, including protective coatings, inks, adhesives, and construction (flooring). There is significant demand for these among manufacturers of solutions for epoxy resins, flexo inks, and hot melt adhesives.

Global Hot Melt Adhesives Market - Impact of Coronavirus (Covid-19) Pandemic

As COVID-19 continues to spread swiftly around the world, it is impacting the global economy and leading to socio-economic disruptions. Operating large and complex supply chains in advanced materials industry is becoming one of the key challenges for companies in their normal trade. According to Coherent Market Insights, inadequate supply of raw materials led to fluctuation in the prices per ton of advanced materials, but they are expected to regain normalcy by Q1 2021.

Figure 3. Global Hot Melt Adhesives Market, Revenue Share (%) Analysis, By Application, 2019

Hot Melt Adhesives  | Coherent Market Insights

On the basis of application, the packaging segment accounted for the largest market share of around 37% in terms of value in 2019, followed by healthcare products and automotive segments. Hot melt adhesives are gaining popularity across the packaging industry. Thus, the expansion of the packaging sector is favoring growth of the hot melt adhesives market.

Figure 4. Global Hot Melt Adhesives Market – Value Chain Analysis

Hot Melt Adhesives  | Coherent Market Insights

Major companies operating in the global hot melt adhesives market are Henkel AG & Co. KGaA, H B Fuller, Sika AG, Arkema Group, Ashland Inc., The 3M Company, Jowat AG, Sipol SpA, Palmetto Adhesives Company, and Sealock Ltd.

Key players are focused on strategies such as product launches to strengthen their presence in the global hot melt adhesives market. For instance, in August 2019, Henkel launched Technomelt Supra PS adhesives, which can replace plastic films, intermediate layers, and anti-skid mats in securing pallets. This is expected to boost growth of the global hot melt adhesives market during the forecast period.

Hot melt adhesives are thermoplastic polymers which are thermally melted on application and attain adhesion strength on cooling. Hot melt adhesives consist of one or more polymers as well as additives such as stabilizers, pigments and resins, which are carefully blended so as to ensure that they exhibit different characteristics from the base polymers.

Hot melt adhesives are named after polymer bases. Ethylene Vinyl Acetate (EVA) hot melt adhesives, polyolefin hot melt adhesives, polyamide hot melt adhesives, polyurethane hot melt adhesives, polyester hot melt adhesives, etc. are some of the hot melt adhesives available in the market.

Market Dynamics

On the basis of polymer base, the global hot melt adhesives market is segmented into ethylene vinyl acetate (EVA), polyolefin, polyamide, styrenic block copolymers (SBC), others. In 2019, the ethylene vinyl acetate (EVA) segment accounted for the highest market share, in terms of revenue, owing to easy availability of hot melt adhesives in different price ranges which is favoring the adoption of hot melt adhesives.

Major factors such as increasing global population, birth rate, awareness regarding personal hygiene and population maturity are driving demand for hot melt adhesives in disposable hygiene products applications. This is expected to foster growth of the global hot melt adhesives market during the forecast period.

However, fluctuating price of raw materials used in the manufacturing of the hot melt adhesives is expected to hinder the market growth. The raw materials are highly volatile in nature as they are petroleum-based products. Thus, the fluctuating price of raw materials used in the production of hot melt adhesives is projected to inhibit the market growth.

Key features of the study:

  • This report provides in-depth analysis of global hot melt adhesives and provides market volume (US$ Billion and Kilo Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global hot melt adhesives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study are Henkel AG & Co. KGaA, H B Fuller, Sika AG, Arkema Group,  Ashland Inc., The 3M Company,  Jowat AG, Sipol SpA, Palmetto Adhesives Company, and Sealock Ltd.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The global hot melt adhesives market report caters to various stakeholders in this industry including investors, suppliers, global hot melt adhesives manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global hot melt adhesives market.

Detailed Segmentation:

  • Global Hot Melt Adhesives Market, By Polymer Base:
    • Ethylene Vinyl Acetate (EVA)
    • Polyolefin
    • Polyamide
    • Styrenic Block Copolymers (SBC)
    • Others
  • Global Hot Melt Adhesives Market, By Application:
    • Application
    • Automotive
    • Construction
    • Healthcare Products
    • Others
  • Global Hot Melt Adhesives Market, By Region:
    • North America
      • U.S.
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Canada
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
    • Latin America
      • Brazil
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Argentina
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Mexico
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Rest of Latin America
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
    • Europe
      • U.K.
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Germany
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Italy
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • France
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Russia
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Rest of Europe
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
    • Asia Pacific
      • China
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • India
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Japan
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • ASEAN
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Rest of Asia Pacific
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
    • Middle East & Africa
      • Africa
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
      • Middle East
        • By Polymer Base:
          • Ethylene Vinyl Acetate (EVA)
          • Polyolefin
          • Polyamide
          • Styrenic Block Copolymers (SBC)
          • Others
        • By Application:
          • Application
          • Automotive
          • Construction
          • Healthcare Products
          • Others
  • Company Profiles
    • Henkel AG & Co.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • KGaA
    • H B Fuller
    • Sika AG
    • Arkema Group
    • Ashland Inc.
    • The 3M Company
    • Jowat AG
    • Sipol SpA
    • Palmetto Adhesives Company
    • Sealock Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Polymer Base
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Hot Melt Adhesives Market, By Polymer Base, 2017 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Ethylene Vinyl Acetate (EVA)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Polyolefin
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Polyamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Styrenic Block Copolymers (SBC)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
  5. Global Hot Melt Adhesives Market, By Application, 2017 - 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Healthcare Products
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion and Kilo Tons)
  6. Global Hot Melt Adhesives Market, By Region, 2017- 2027 (US$ Billion and Kilo Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Germany
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Australia & New Zealand
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • Africa
          • Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
        • Middle East
          • Sub-region/Country Trends
          • Market Size and Forecast, By Polymer Base, 2017- 2027 (US$ Billion and Kilo Tons)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Billion and Kilo Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Henkel AG & Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • KGaA, H B Fuller
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sika AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Arkema Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ashland Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • The 3M Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Jowat AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sipol SpA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Palmetto Adhesives Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sealock Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 40 market data tables* and 25 figures* on "Global Hot Melt Adhesives Market” – global forecast to 2027

Frequently Asked Questions

Growing preference for hot melt adhesive over solvent-based & water-based adhesive types is expected to drive demand for hot melt adhesives during the forecast period.
Fluctuating price of raw materials used in the manufacture of hot melt adhesives is expected to hamper the growth the market during the forecast period.
The Hot Melt Adhesives market has been segmented on the basis of polymer base and application across 5 major regions.
The global Hot Melt Adhesives market is estimated to surpass US$ 9.8 Billion by 2027 and is expected to exhibit a CAGR of 5.2% between 2020 and 2027.
Major players operating in the global Hot Melt Adhesives market include Henkel AG & Co. KGaA, H B Fuller, Sika AG, Arkema Group, Ashland Inc., The 3M Company, Jowat AG, Sipol SpA, Palmetto Adhesives Company, and Sealock Ltd.
The global Hot Melt Adhesives market was valued at US$ 6.4 Billion in terms of revenue in 2019.
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