How Has the Hot-Melt-Based Adhesives Market Evolved Historically and What is its Current Size
The hot-melt-based adhesives market has seen considerable growth due to a variety of factors.
• In recent years, the market size for hot-melt-based adhesives has seen robust growth. The market, valued at $18.88 billion in 2024, is projected to increase to $20.73 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.8%.
The significant growth during the historic period can be traced back to developments in the packaging industry, growth in automobile manufacturing, increased usage of disposable hygiene products, production growth in consumer electronics, and a surge in demand in the field of woodworking.
What Can Be Expected from the Hot-Melt-Based Adhesives Market in the Coming Years?
The hot-melt-based adhesives market is expected to maintain its strong growth trajectory in upcoming years.
• The market for hot-melt-based adhesives is predicted to experience robust growth in the upcoming years, expanding to a worth of $28.78 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%.
This growth during the forecast period can be credited to the trend of automotive lightweighting, the growing focus on electric vehicles, the assembly of medical devices, and the expansion of the construction industry, as well as tight environmental regulations. Key trends anticipated during the forecast period encompass improvements in manufacturing technologies, an emphasis on sustainability and eco-friendly practices, a surge in popularity for disposable hygiene products, strategic collaborations and partnerships, and the rise of customization and specialty formulations.
What Are The Core Factors Supporting Growth In Hot-Melt-Based Adhesives Market?
The rising consciousness towards conserving the environment has influenced customers to opt for eco-friendly goods. Attributes including cost-effectiveness, no emission of Volatile Organic Compounds (VOC), extended durability, the potential for reuse without degradation and rapid drying capacity set hot melt adhesives apart as green adhesive alternatives in comparison to other varieties. To illustrate this, organizations like Bostik have been producing hot-melt polyurethane adhesive for the textile sector employing a technology devoid of solvents which helps decrease the employment of harmful solvents such as methylene chloride. The hot-melt polyurethane adhesive has evidently been successful among Asian underwear, sportswear, and medical apparel manufacturers. The escalating demand for hot-melt polyurethane adhesives will catalyze the growth of the hot melt adhesives market.
How Is the Hot-Melt-Based Adhesives Market segmented?
The hot-melt-based adhesives market covered in this report is segmented –
1) By Type: Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types
2) By Application: Packaging Solutions, Nonwoven Hygiene Products, Furniture And Woodwork, Bookbinding, Other Applications
3) By End User: Building And Construction, Packaging, Transportation, Electrical And Electronic Appliances, Healthcare, Other End Users
Subsegments:
1) By Thermoplastic Polyurethane (TPU): Flexible TPU Adhesives, Rigid TPU Adhesives
2) By Ethylene Vinyl Acetate (EVA): Low-Viscosity EVA, High-Viscosity EVA
3) By Styrenic-Butadiene Copolymers (SBC): Styrene-Butadiene-Styrene (SBS), Styrene-Ethylene-Butylene-Styrene (SEBS)
4) By Polyolefins: Polypropylene (PP), Polyethylene (PE)
5) By Polyamide: Aliphatic Polyamide, Aromatic Polyamide
6) By Other Resin Types: Ethylene Acrylic Acid (EAA), Polyester-Based Adhesives, Other Specialty Resins
Pre-Book The Hot-Melt-Based Adhesives Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What New Trends Are Influencing the Hot-Melt-Based Adhesives Market?
A multitude of adhesive firms that utilize hot melt-based technology are incorporating IoT (Internet of things) systems to enable the alignment of machinery and smart devices. This facilitates the derivation of immediate insights and identifies room for improvement in the production process. The gathered data is then scrutinized, processed, and comprehended by both plant supervisors and top-tier management to enhance quality and attain ideal production rates. To illustrate, intelligent systems provide data pertaining to the functioning conditions and efficacy of chemical reactors, equipped with inbuilt software and analytical tools. These tools alert the plant operators and chiefs about potential machinery malfunctions. Companies leading this IoT integration include BASF SE, The Dow Chemical Company, and H.B. Fuller.
Who Are the Key Players in the Hot-Melt-Based Adhesives Market?
Major companies operating in the hot-melt-based adhesives market include:
• DowDuPont Inc.
• Evonik Industries AG
• Sika AG
• Huntsman Corporation
• Toyobo Co. Ltd.
• Hexion Inc.
• Mapei SpA
• Paramelt BV
• Buhnen GmbH & Co. KG
• Beardow & Adams Ltd.
• Tex Year Industries Inc.
• Dymax Corporation
• Bostik Inc.
• Worthen Industries Inc.
• ITW Dynatec GmbH
• KLEIBERIT SE & Co. KG
• Wisdom Adhesives LLC
• American Chemical Inc.
• Jowat SE
• Daubert Chemical Company
• Sealock Ltd.
• Permabond Engineering Adhesives Ltd.
• Sipol spa
• Helmitin Inc.
• Adhesive Direct UK
• Costchem SRL
• Evans Adhesive Corporation Ltd.
• Sanyhot Adhesivos SA.
What Is The Most Dominant Region In The Hot-Melt-Based Adhesives Market?
Asia-Pacific was the largest region in the hot-melt-based adhesives market in 2024. North America was the second-largest region in the global hot-melt-based adhesives market. The regions covered in the hot-melt-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
