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市場調查報告書
商品編碼
1540881

2024-2032 年按樹脂類型、應用、產品形式和地區分類的熱熔膠市場報告

Hot Melt Adhesive Market Report by Resin Type, Application, Product Form, and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 147 Pages | 商品交期: 2-3個工作天內

價格

2023年全球熱熔膠市場規模達79IMARC Group美元。無紡衛生用品需求的不斷成長、家具行業的蓬勃發展以及包裝行業的擴張正在適度擴大市場的成長。

熱熔膠市場分析:

主要市場促進因素:對包裝材料(其中熱熔膠用於箱體密封、托盤成型和紙箱密封)的需求不斷成長,正在加強市場的成長。此外,由於熱熔膠具有較高的耐酸性和耐溶劑性,無紡衛生用品產量的不斷成長正在推動對熱熔膠的需求。

主要市場趨勢:向環保和實質黏合劑解決方案的轉變正在促進市場的成長。此外,熱熔膠的黏合強度和靈活性不斷增強,近期的發展正在推動熱熔膠市場的成長。

地理趨勢:由於包裝製造基地的快速擴張以及對無紡衛生用品的需求不斷成長,亞太地區佔據了最大的市場佔有率。

競爭格局:熱熔膠產業的一些主要市場參與者包括3M公司、阿科瑪公司、亞什蘭全球控股公司、艾利丹尼森公司、Beardow & Adams Ltd.、陶氏公司、HB Fuller公司、漢高公司KGaA、Jowat SE、Paramelt BV、Sika AG 和 Wacker Chemie AG. 等

挑戰與機會:市場面臨原物料價格波動等挑戰,影響熱熔膠市場收入與供需失衡,但也面臨生產技術發展的機遇,使主要參與者能夠生產熱熔膠黏合更有效。

熱熔膠市場趨勢:

蓬勃發展的家具業

世界各地對高品質、耐用家具的需求不斷成長,因此主要參與者正在提供能夠承受長期日常使用磨損的家具。熱熔膠用於組裝和粘合多種家具部件,包括木材、單板和層壓板。這些黏合劑提供堅固耐用的黏合,這對於家具的結構完整性至關重要。此外,它們還允許家具行業實現快速高效的生產流程。熱熔膠具有快速凝固時間,有助於簡化裝配線並縮短生產週期時間。除此之外,這些黏合劑消除了固化過程的需要,這進一步提高了生產力。根據IMARC Group的報告,全球家具市場預計到2032年將達到7,017億美元。

對非織造衛生產品的需求不斷成長

美國國家醫學圖書館2022 年報告顯示,全球非織造布消費量預計將從2019 年的1,120 萬噸、價值468 億美元成長到2024 年的648 億美元。的需求不斷成長和成人失禁推動熱熔膠市場。在衛生用品中使用非織造材料代替織造織物,因為它們更柔軟、更透氣、更吸水。熱熔膠對於用於製造這些產品的非織造布的層與層粘合至關重要,因為它在應用時快速凝固並形成牢固、靈活的粘合。此外,非織造衛生用品的主要參與者正在不斷改進其產品,以提高整體產品的有效性、舒適性和防滑性。熱熔膠主要製造商透過開發針對無紡衛生用品主要參與者量身定做的專門配方來滿足此類要求。

食品包裝產業的擴張

熱熔膠廣泛用於食品包裝產業的密封和封閉應用。它們提供安全的黏合,有助於保持產品新鮮度並防止污染。此外,這些黏合劑也用於將標籤和貼花固定到食品包裝材料上。熱熔膠確保標籤牢固地黏附在多個表面上,為個人提供重要的產品資訊、品牌和行銷促銷。與此一致,對單份袋和可重複密封袋等便利包裝形式的需求不斷成長,正在催化熱熔膠的需求,因為它們在這些包裝形式的組裝和密封中發揮著至關重要的作用,確保易於打開和重新閉合,同時保持產品的完整性。 IMARC Group的報告顯示,到2032年,全球食品包裝價值預計將達到6,116億美元。

熱熔膠市場細分:

IMARC Group提供了每個細分市場的主要趨勢分析,以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據樹脂類型、應用和產品形式對市場進行了分類。

按樹脂類型分類:

乙烯醋酸乙烯酯 (EVA)

苯乙烯嵌段共聚物 (SBC)

茂金屬聚烯烴 (MPO)

無定形聚 α 烯烴 (APAO)

聚烯烴

聚醯胺

聚氨酯(PU)

其他

乙烯醋酸乙烯酯(EVA)佔據大部分市場佔有率

該報告根據樹脂類型提供了詳細的市場細分和分析。這包括乙烯醋酸乙烯酯 (EVA)、苯乙烯嵌段共聚物 (SBC)、茂金屬聚烯烴 (MPO)、無定形聚 α 烯烴 (APAO)、聚烯烴、聚醯胺、聚氨酯 (PU) 等。報告稱,乙烯醋酸乙烯酯(EVA)是最大的細分市場。

乙烯醋酸乙烯酯 (EVA) 是一種共聚物樹脂,因其輕質和卓越的發泡性能而受到追捧。 EVA在運動、鞋類、休閒產業有著廣泛的應用。它以其柔韌性、柔軟性、抗應力開裂性、韌性和抗紫外線 (UV) 性能而聞名。由於其耐低溫性,EVA 也被用作包裝材料中的密封劑解決方案。根據IMARC Group的報告,全球乙烯醋酸乙烯酯市場預計將達到197億美元,預計2023-2032年複合年成長率為6.50%。

按應用分類:

包裝

汽車

印刷出版

家具及木製品

紡織品

電子產品

建造

其他

包裝產業佔有率最大

報告還提供了基於應用程式的詳細市場細分和分析。這包括包裝、汽車、印刷和出版、家具和木製品、紡織品、電子、建築等。報告稱,包裝佔據最大的市場佔有率。

全球對包裝食品和其他包裝應用不斷成長的需求正在推動對熱熔膠的需求,因為它們用於製造瓦楞紙箱和層壓印刷板。它們也用於包裝各種消費品和大型工業管。此外,傳統上自動化程度較低,促使許多生產商使用替代形式的黏合劑。除此之外,電商平台的擴張正在刺激包裝用塑膠袋的需求,從而推動熱熔膠市場的成長。根據國家醫學圖書館 2022 年報告,2020 年全球電子商務市場佔零售總額的 17.9%,2022 年將佔 20.3%。

按產品形態分類:

顆粒

積木

膠棒

其他

膠棒代表了領先的細分市場

報告根據產品形態對市場進行了詳細的細分和分析。這包括顆粒、塊、膠棒等。根據該報告,膠棒代表了最大的部分。

膠棒的使用者友善性使其適合從專業工匠到業餘愛好者的廣泛人群。它消除了對複雜設備和專門培訓的需求。此外,這些棒具有粘合各種材料的多功能性,例如紙張、紙板、織物和塑膠,可用於包裝、木製品、藝術和工藝品等各種行業。除此之外,便利性、多功能性、性能和經濟性的結合使膠棒成為熱熔膠市場中最大的部分。

按地區分類:

北美洲

美國

加拿大

亞太地區

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

亞太地區引領市場,佔據最大的熱熔膠市場佔有率

該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,亞太地區是熱熔膠最大的區域市場。

電子商務平台數量的不斷增加以及對非織造衛生用品的需求不斷成長是加強該地區市場成長的關鍵因素。此外,由於熱熔膠的廣泛應用,不斷上升的競爭格局正在創造機會,從而推動該地區的產品需求。除此之外,印度和中國不斷發展的工業化和不斷成長的人口成長正在刺激該地區最終用途行業的需求。快速的城市化導致建築活動不斷增加,其中熱熔膠廣泛用於安裝地板和牆板。根據國務院2022年報告,2021年我國常住人口都市化率達64.72%。

競爭格局:

市場研究報告也對市場競爭格局進行了全面分析。也提供了所有主要熱熔膠公司的詳細簡介。熱熔膠產業的一些主要市場參與者包括 3M 公司、Arkema SA、Ashland Global Holdings Inc.、Avery Dennison Corporation、Beardow & Adams Ltd.、Dow Inc.、HB Fuller Company、Henkel AG & Co. KGaA、 Jowat SE 、Paramelt BV、Sika AG 和Wacker Chemie AG。

(請注意,這只是關鍵參與者的部分列表,報告中提供了完整列表。)

主要參與者不斷創新熱熔膠配方,以滿足產業不斷變化的需求,並解決與性能、實質和效率相關的挑戰。他們也投資於行銷工作,以提高其產品的有效性、多功能性和安全性。除此之外,對創新新配方和技術的研發(R&D)活動的​​投資不斷增加,正在加強市場的成長。此外,主要製造商正專注於與家具行業、食品加工商和電子商務行業建立合作夥伴關係,為聯合產品開發、聯合品牌推廣和擴大市場範圍創造機會。例如,艾利丹尼森於 2023 年簽署了收購 Silver Crystal Group 的最終協議,Silver Crystal Group 是運動服裝客製化和場內、直營 (D2B) 和電子商務平台應用領域的老牌企業。

熱熔膠市場新聞:

2022 年 6 月 24 日:德國跨國化學和消費品公司漢高股份公司 (Henkel AG & Co. KGaA) 在新萊昂州瓜達盧佩開設了一家先進的新熱熔膠工廠,擴大了生產能力。

2022 年 2 月 21 日:跨國特種材料製造商阿科瑪公司透過收購專門為消費性電子市場提供熱熔膠的上海智冠高分子材料有限公司(PMP),加強了其工程膠合劑業務。

2022 年1 月27 日:HB Fuller Company 是一家在全球供應工業黏合劑的美國大型黏合劑製造公司,宣布收購Apollo 一家總部位於英國的屋頂、工業和建築市場液體黏合劑、塗料和底漆製造商。 Apollo 將在 HB Fuller 現有的建築黏合劑和工程黏合劑業務部門內運作。

本報告回答的關鍵問題:

  • 迄今為止,全球熱熔膠市場表現如何,未來幾年將如何表現?
  • 全球熱熔膠市場的促進因素、限制因素和機會是什麼?
  • 各個促進因素、限制因素以及熱熔膠市場近期機會對全球熱熔膠市場有何影響?
  • 主要區域市場有哪些?
  • 哪些國家代表了最具吸引力的熱熔膠市場?
  • 根據樹脂類型的市場分類是怎樣的?
  • 熱熔膠市場中哪種樹脂類型最具吸引力?
  • 基於應用的市場區隔是什麼?
  • 熱熔膠市場最有吸引力的應用是什麼?
  • 根據產品形態分類市場是怎麼樣的?
  • 熱熔膠市場最具吸引力的產品形態是什麼?
  • 市場按地區分類是怎樣的?
  • 熱熔膠市場最具吸引力的區域是哪一個?
  • 市場競爭結構如何?
  • 全球熱熔膠市場的主要參與者/公司有哪些?

本報告回答的關鍵問題:

  • 迄今為止,全球熱熔膠市場表現如何,未來幾年將如何表現?
  • 全球熱熔膠市場的促進因素、限制因素和機會是什麼?
  • 各個促進因素、限制因素以及熱熔膠市場近期機會對全球熱熔膠市場有何影響?
  • 主要區域市場有哪些?
  • 哪些國家代表了最具吸引力的熱熔膠市場?
  • 根據樹脂類型的市場分類是怎樣的?
  • 熱熔膠市場中哪種樹脂類型最具吸引力?
  • 基於應用的市場區隔是什麼?
  • 熱熔膠市場最有吸引力的應用是什麼?
  • 根據產品形態分類市場是怎麼樣的?
  • 熱熔膠市場最具吸引力的產品形態是什麼?
  • 市場按地區分類是怎樣的?
  • 熱熔膠市場最有吸引力的區域是哪一個?
  • 市場競爭結構如何?
  • 全球熱熔膠市場的主要參與者/公司有哪些?

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球熱熔膠市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章:市場區隔:依樹脂類型

  • 乙烯醋酸乙烯酯 (EVA)
    • 市場趨勢
    • 市場預測
  • 苯乙烯嵌段共聚物 (SBC)
    • 市場趨勢
    • 市場預測
  • 茂金屬聚烯烴 (MPO)
    • 市場趨勢
    • 市場預測
  • 無定形聚 α 烯烴 (APAO)
    • 市場趨勢
    • 市場預測
  • 聚烯烴
    • 市場趨勢
    • 市場預測
  • 聚醯胺
    • 市場趨勢
    • 市場預測
  • 聚氨酯(PU)
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 7 章:市場區隔:按應用

  • 包裝
    • 市場趨勢
    • 市場預測
  • 汽車
    • 市場趨勢
    • 市場預測
  • 印刷出版
    • 市場趨勢
    • 市場預測
  • 家具及木製品
    • 市場趨勢
    • 市場預測
  • 紡織品
    • 市場趨勢
    • 市場預測
  • 電子產品
    • 市場趨勢
    • 市場預測
  • 建造
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 8 章:市場區隔:依產品形式

  • 顆粒
    • 市場趨勢
    • 市場預測
  • 積木
    • 市場趨勢
    • 市場預測
  • 膠棒
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 9 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分:按國家/地區
    • 市場預測

第 10 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章:價值鏈分析

第 12 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章:價格分析

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 3M Company
    • Arkema SA
    • Ashland Global Holdings Inc.
    • Avery Dennison Corporation
    • Beardow & Adams Ltd.
    • Dow Inc.
    • HB Fuller Company
    • Henkel AG & Co. KGaA
    • Jowat SE
    • Paramelt BV
    • Sika AG
    • Wacker Chemie AG
Product Code: SR112024A2734

The global hot melt adhesive market size reached US$ 7.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032. The growing demand for nonwoven hygiene products, thriving furniture industry, and expansion of packaging industry is moderately expanding the growth of the market.

Hot Melt Adhesive Market Analysis:

Major Market Drivers: The rising need for packaging materials, where hot melt adhesive is used in case sealing, tray forming, and carton sealing is strengthening the growth of the market. Moreover, the growing production of non-woven hygiene products is driving the demand for hot melt adhesive due to its high resistance to acids and solvents.

Key Market Trends: The shift towards eco-friendly and substantial adhesive solutions are facilitating the growth of the market. In addition, ongoing hot melt adhesive recent developments with enhanced bond strength and flexibility is propelling the hot melt adhesive market growth.

Geographical Trends: Asia Pacific holds the largest segment because of rapid expansion of packaging manufacturing base, along with the growing demand for non-woven hygiene products.

Competitive Landscape: Some of the major market players in the hot melt adhesive industry include 3M Company, Arkema S.A., Ashland Global Holdings Inc., Avery Dennison Corporation, Beardow & Adams Ltd., Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Paramelt B.V., Sika AG and Wacker Chemie AG., etc.

Challenges and Opportunities: While the market faces challenges like the fluctuations in the raw material prices, which impacts the hot melt adhesive market revenue and supply-demand imbalances, it also encounters opportunities in the development of production technologies that allows key players to product hot melts adhesive more efficiently.

Hot Melt Adhesive Market Trends:

Thriving Furniture Industry

The demand for high-quality and durable furniture is rising around the world, due to which key players are offering furniture that can withstand the wear and tear of daily use over a long period of time. Hot melts adhesives are employed in assembling and bonding multiple furniture components, including wood, veneer, and laminate. These adhesives offer strong and durable bonds that are crucial for the structural integrity of furniture pieces. In addition, they allow fast and efficient production processes in the furniture sector. Hot melts adhesives have fast setting times, which assist in streamlining assembly lines and decrease production cycle times. Besides this, these adhesives eliminate the need for curing process, which further enhances the productivity. According to the IMARC Group's report the global furniture market is expected to reach US$ 701.7 Billion in 2032.

Growing Demand for Nonwoven Hygiene Products

The National Library of Medicine report of 2022 shows that the global nonwoven consumption is estimated to grow from 11.2 Million Tons, valued at $ 46.8 billion in 2019 to $64.8 billion by 2024. The increasing demand for nonwoven hygienic products such as baby diapers, feminine hygiene, and adult incontinence drives the hot melts adhesive market. Nonwoven materials are used instead of woven fabrics in hygiene products because they are softer, more breathable, and more absorbent. Hot melt adhesive is critical for layer-to-layer bonding of nonwovens used to manufacture these products as it sets rapidly upon applications and forms strong, flexible bonds. In addition, key players of nonwoven hygiene products are constantly evolving their products to improve overall product effectiveness, comfort, and slippage. The hot melts adhesive key manufactures respond to such requirements by developing specialized formulations tailored as per non-woven hygiene key players.

Expansion of Food Packaging Industry

Hot melts adhesives are widely used in the food packaging industry for sealing and closure applications. They offer secure bonds that help in maintaining product freshness and prevent contamination. Furthermore, these adhesives are utilized to fix labels and decals to food packaging materials. Hot melts adhesives ensure that labels adhere firmly to several surfaces, providing essential product information, branding, and marketing promotions to individuals. In line with this, the growing need for convenience packaging formats like single-serve pouches and resealable bags is catalyzing the hot melts adhesive demand as they play a vital role in the assembly and sealing of these packaging formats, ensuring easy opening and reclosing while maintaining integrity of the product. The IMARC Group's report shows that the global food packaging is expected to reach US$ 611.6 Billion by 2032.

Hot Melt Adhesive Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on resin type, application and product form.

Breakup by Resin Type:

Ethylene Vinyl Acetate (EVA)

Styrenic Block Copolymers (SBC)

Mettalocene Polyolefin (MPO)

Amorphous Polyalphaolefins (APAO)

Polyolefins

Polyamides

Polyurethane (PU)

Others

Ethylene vinyl acetate (EVA) accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the resin type. This includes ethylene vinyl acetate (EVA), styrenic block copolymers (SBC), mettalocene polyolefin (MPO), amorphous polyalphaolefins (APAO), polyolefins, polyamides, polyurethane (PU), and others. According to the report, ethylene vinyl acetate (EVA) represents the largest segment.

Ethylene vinyl acetate (EVA) is a copolymer resin that is sought after for its lightweight and superior foamability performance. EVA has a wide range of applications in the sports, footwear, and leisure industries. It is known for its flexibility, softness, stress-crack resistance, toughness, and ultraviolet (UV) resistance. Owing to its low-temperature resistance, EVA is also utilized as a sealant solution in packaging materials. According to the IMARC Group's report, the global ethylene vinyl acetate market is expected to reach US$ 19.7 Billion, at a projected CAGR of 6.50% during 2023-2032.

Breakup by Application:

Packaging

Automotive

Printing and Publishing

Furnitures and Woodwork

Textiles

Electronics

Construction

Others

Packaging holds the largest share of the industry

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes packaging, automotive, printing and publishing, furnitures and woodwork, textiles, electronics, construction, and others. According to the report, packaging accounts for the largest market share.

The growing demand for packaged foods and other packaging applications across the globe is driving the demand for hot melts adhesives as they are employed for making corrugated boxes and laminate printed sheets. They are also utilized to pack all kinds of consumer goods and large industrial tubes. Moreover, the traditionally low levels of automation are driving many producers to use alternate forms of adhesives. Besides this, the expansion of e-commerce platforms is catalyzing the demand for plastic bags for packaging, thereby impelling the hot melt adhesive market growth. As per the National Library of Medicine report of 2022, the worldwide e-commerce market was 17.9% of total retail sales in 2020 and 20.3% in 2022.

Breakup by Product Form:

Pellets

Blocks

Glue Sticks

Others

Glue sticks represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the product form. This includes pellets, blocks, glue sticks, and others. According to the report, glue sticks represent the largest segment.

The user friendly nature of glue sticks makes them accessible to a broad range of people, ranging from professional craftsman to hobbyists. It eliminates the need for complex equipment and specialized training. In addition, these sticks provide versatility in bonding various materials, such as paper, cardboard, fabrics, and plastics, which can be used in various industries like packaging, woodworks, arts and crafts. Besides this, the combination of convenience, versality, performance, and affordability makes glue stick a largest segment in the hot melts adhesives market.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest hot melt adhesive market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for hot melt adhesive.

The growing number of e-commerce platforms, along with the increasing need of nonwoven hygiene products are key aspects strengthening the growth of the market across the region. Furthermore, the rising competitiveness landscape is creating opportunities due to vast applications of hot melts adhesive, thereby propelling the demand of the product in the region. Apart from this, increasing industrialization and rising population growth in India and China are catalyzing the demand from end-use industries in the region. Rapid urbanization is leading to increasing construction activities in which hot melts adhesive is used widely in installing flooring and wall panels. As per the State Council report 2022, China's urbanization rate of permanent residence hit 64.72% in 2021.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major hot melt adhesive companies have also been provided. Some of the major market players in the hot melt adhesive industry include 3M Company, Arkema S.A., Ashland Global Holdings Inc., Avery Dennison Corporation, Beardow & Adams Ltd., Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Paramelt B.V., Sika AG and Wacker Chemie AG.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Key players are continuously innovating hot melt adhesive formulations to meet evolving needs of the industries and to address the challenges related to performance, substantially, and efficiency. They are also investing in marketing efforts to promote their products effectiveness, versatility, and safety. Besides this, the growing investments in the research and development (R&D) activities to innovate new formulations and technologies is strengthening the growth of the market. Moreover, key manufactures are focusing on partnerships with furniture industries, food processors, and e-commerce industries to create opportunities for joint product development, co-branded promotions, and to expand their market reach. For instance, in 2023, Avery Dennison has signed a definitive agreement to acquire Silver Crystal Group, an established player in sports apparel customization and application across in-venue, direct-to-business (D2B), and e-commerce platforms.

Hot Melt Adhesive Market News:

June 24, 2022: Henkel AG & Co. KGaA, a Germany multinational chemical and consumer goods company has expanded its production capabilities by opening a new state-of the-art plant for hot melt adhesives in Guadalupe, Nuevo Leon.

February 21, 2022: Arkema S.A., multi-national manufacturer of specialty materials has strengthened its engineering adhesives with the acquisitions of Shanghai Zhiguan Polymer Materials (PMP), specialized in hot melt adhesive for the consumer electronics market.

January 27, 2022: H.B. Fuller Company, a major American adhesives manufacturing company supplying industrial adhesives worldwide announced the acquisition of Apollo a UK-based manufacturer of liquid adhesives, coatings, and primers for roofing, industrial and construction markets. Apollo will operate within H.B. Fuller's existing construction adhesives and engineering adhesives business unit.

Key Questions Answered in This Report:

  • How has the global hot melt adhesive market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global hot melt adhesive market?
  • What is the impact of each driver, restraint, and hot melts market recent opportunities on the global hot melt adhesive market?
  • What are the key regional markets?
  • Which countries represent the most attractive hot melt adhesive market?
  • What is the breakup of the market based on the resin type?
  • Which is the most attractive resin type in the hot melt adhesive market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the hot melt adhesive market?
  • What is the breakup of the market based on the product form?
  • Which is the most attractive product form in the hot melt adhesive market?
  • What is the breakup of the market based on the region?
  • Which is the most attractive region in the hot melt adhesive market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global hot melt adhesive market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Hot Melt Adhesive Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Resin Type

  • 6.1 Ethylene Vinyl Acetate (EVA)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Styrenic Block Copolymers (SBC)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Mettalocene Polyolefin (MPO)
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Amorphous Polyalphaolefins (APAO)
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Polyolefins
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Polyamides
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Polyurethane (PU)
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast
  • 6.8 Others
    • 6.8.1 Market Trends
    • 6.8.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Packaging
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Automotive
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Printing and Publishing
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Furnitures and Woodwork
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Textiles
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Electronics
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast
  • 7.7 Construction
    • 7.7.1 Market Trends
    • 7.7.2 Market Forecast
  • 7.8 Others
    • 7.8.1 Market Trends
    • 7.8.2 Market Forecast

8 Market Breakup by Product Form

  • 8.1 Pellets
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Blocks
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Glue Sticks
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 3M Company
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Arkema S.A.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Ashland Global Holdings Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Avery Dennison Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Beardow & Adams Ltd.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Dow Inc.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 H.B. Fuller Company
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Henkel AG & Co. KGaA
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Jowat SE
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Paramelt B.V.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
    • 14.3.11 Sika AG
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Wacker Chemie AG
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Hot Melt Adhesive Market: Major Drivers and Challenges
  • Figure 2: Global: Hot Melt Adhesive Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Hot Melt Adhesive Market: Breakup by Resin Type (in %), 2023
  • Figure 4: Global: Hot Melt Adhesive Market: Breakup by Application (in %), 2023
  • Figure 5: Global: Hot Melt Adhesive Market: Breakup by Product Form (in %), 2023
  • Figure 6: Global: Hot Melt Adhesive Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Hot Melt Adhesive Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 8: Global: Hot Melt Adhesive (Ethylene Vinyl Acetate) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Hot Melt Adhesive (Ethylene Vinyl Acetate) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Hot Melt Adhesive (Styrenic Block Copolymers) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Hot Melt Adhesive (Styrenic Block Copolymers) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Hot Melt Adhesive (Mettalocene Polyolefin) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Hot Melt Adhesive (Mettalocene Polyolefin) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Hot Melt Adhesive (Aamorphous Polyalphaolefins) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Hot Melt Adhesive (Aamorphous Polyalphaolefins) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Hot Melt Adhesive (Polyolefins) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Hot Melt Adhesive (Polyolefins) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Hot Melt Adhesive (Polyamides) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Hot Melt Adhesive (Polyamides) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Hot Melt Adhesive (Polyurethane - PU) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Hot Melt Adhesive (Polyurethane - PU) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Hot Melt Adhesive (Other Resin Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Hot Melt Adhesive (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Hot Melt Adhesive (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Hot Melt Adhesive (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Hot Melt Adhesive (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Hot Melt Adhesive (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Hot Melt Adhesive (Printing and Publishing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Hot Melt Adhesive (Printing and Publishing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Hot Melt Adhesive (Furnitures and Woodwork) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Hot Melt Adhesive (Furnitures and Woodwork) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Hot Melt Adhesive (Textiles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Hot Melt Adhesive (Textiles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Hot Melt Adhesive (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Hot Melt Adhesive (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Hot Melt Adhesive (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Hot Melt Adhesive (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Hot Melt Adhesive (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Hot Melt Adhesive (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Global: Hot Melt Adhesive (Pellets) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Global: Hot Melt Adhesive (Pellets) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Global: Hot Melt Adhesive (Blocks) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: Global: Hot Melt Adhesive (Blocks) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Global: Hot Melt Adhesive (Glue Sticks) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Global: Hot Melt Adhesive (Glue Sticks) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Global: Hot Melt Adhesive (Other Product Forms) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Global: Hot Melt Adhesive (Other Product Forms) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: North America: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: North America: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: United States: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: United States: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Canada: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Canada: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Asia Pacific: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Asia Pacific: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: China: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: China: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Japan: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Japan: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: India: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: India: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: South Korea: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: South Korea: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Australia: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Australia: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Indonesia: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Indonesia: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Others: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Others: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Europe: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Europe: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Germany: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Germany: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: France: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: France: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: United Kingdom: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: United Kingdom: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Italy: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: Italy: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Spain: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: Spain: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Russia: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 83: Russia: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Others: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 85: Others: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 86: Latin America: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 87: Latin America: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Brazil: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 89: Brazil: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 90: Mexico: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 91: Mexico: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 92: Others: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 93: Others: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 94: Middle East and Africa: Hot Melt Adhesive Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 95: Middle East and Africa: Hot Melt Adhesive Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 96: Global: Hot Melt Adhesive Industry: SWOT Analysis
  • Figure 97: Global: Hot Melt Adhesive Industry: Value Chain Analysis
  • Figure 98: Global: Hot Melt Adhesive Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Hot Melt Adhesive Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Hot Melt Adhesive Market Forecast: Breakup by Resin Type (in Million US$), 2024-2032
  • Table 3: Global: Hot Melt Adhesive Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Hot Melt Adhesive Market Forecast: Breakup by Product Form (in Million US$), 2024-2032
  • Table 5: Global: Hot Melt Adhesive Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Hot Melt Adhesive Market Structure
  • Table 7: Global: Hot Melt Adhesive Market: Key Players