The global hot-melt-based adhesives market is expected to grow from $14.14 billion in 2021 to $15.58 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The market is expected to grow to $22.13 billion in 2026 at a CAGR of 9.2%.
What is the Global Hot-Melt-Based Adhesives Market?
The hot-melt-based adhesives market consists of sales of hot-melt-based adhesives. Hot-melt-based adhesives are known as hot glue, a form of thermoplastic adhesive that is heated to create a melt before applying to the surface and is designed to be melted in an electric hot glue gun.
Get a Sample of the global hot-melt-based adhesives market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=2641&&type=smp
What drives the Global Hot-Melt-Based Adhesives Market?
With growing awareness to preserve the environment, customers/consumers are fetching for eco-friendly products. Features like affordability, non-release of VOC into the environment, longer shelf life, reusability without degradation, and fast-drying ability are making hot melt adhesives as environmentally friendly adhesives when compared to other adhesives. For example, companies such as Bostik, is providing hot-melt polyurethane adhesive for the textile industry by using a solventless technology that reduces the usage of hazardous solvent like methylene chloride. There is a visible success of hot-melt polyurethane adhesive in underwear, sportswear, and medical garment manufacturers in Asia. The increasing demand for hot-melt polyurethane adhesives will drive the hot melt adhesives market.
Get the full global hot-melt-based adhesives industry report here
https://www.thebusinessresearchcompany.com/report/hot-melt-based-adhesives-global-market-report
Global Hot-Melt-Based Adhesives Market Segments
The global hot-melt-based adhesives market is segmented:
By Type: Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types
By Application: Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding, Other Applications
By End User: Building and Construction, Packaging, Transportation, Electrical and Electronic Appliances, Healthcare, Other End Users
By Geography: The regions covered in the hot-melt-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Hot-Melt-Based Adhesives Global Market Report 2022provides market size and growth forecasts for the global hot-melt-based adhesives market, global hot-melt-based adhesives market share, hot-melt-based adhesives market segments and geographies, hot-melt-based adhesives market competitive landscape including leading competitors’ revenues, profiles and market shares. The hot-melt-based adhesives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Hot-Melt-Based Adhesives Industry Playersinclude Jowat Se, Sika AG, Tex Year Industries Inc., DowDuPont, Costchem SRL, American Chemical Inc., Bostik Inc., Huntsman Corp., Beardow & Adams Ltd., and Hexcel Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
