|By PR Newswire||
|March 20, 2014 03:50 AM EDT||
DUBLIN, March 20, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/t3f5m4/hot_melt) has announced the addition of the "Concise Analysis of the International Hot Melt Adhesives Market - Forecasts to 2018" report to their offering.
Hot melt adhesives are increasingly becoming popular due to their fast setting speed, relatively low cost, and low environmental impact. Hot melt adhesive systems also have the advantage of a broad formulation latitude, which helps manufacture a large number of products for specific end-uses and substrates.
Consistent advances in raw materials used to formulate hot melt adhesives have allowed adhesive manufacturers to engineer new high performance formulations. Hot melt adhesives are primarily made from thermoplastic polymers that include ethylene vinyl acetate (EVA), block copolymers such as styrene butadiene styrene (SBS) or styrene isoprene styrene (SIS), polyurethane, polyamide, polyester, and polyethylene. EVA is the most widely used polymer due to its high versatility and low cost.
Key end-user markets for hot melt adhesives vary from packaging to labeling, non-woven, bookbinding, woodworking, transportation, footwear, and automotive industries. These major end-user industries are growing, which in turn has spurred the growth of hot melt adhesives.
The need for superior performance properties is gradually shifting the adhesives market from traditional solvent based adhesives towards the use of high-performance products such as reactive and hot melt adhesives. This slow, but certain shift in portfolio is what fuels the overall growth of the hot melt adhesives market. Also, the constant push from regulatory authorities such as EPA (Environment Protection Agency) and REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) is likely to limit the use of solvent-borne adhesives in order to reduce the impact on the environment, thereby boosting the hot melt adhesives market.
A key issue in the industry today is volatility in the prices of raw material used in adhesives. Growth is largely fueled by increasing applications, technological advancements, and growing demand in the Asia-Pacific region. Asia-Pacific is the fastest growing region due to the growing demand for hot melt adhesives in India and China. North America is a matured market and is expected to grow at a moderate CAGR till 2018. Brazil is expected to have high demand for packaging, pressure sensitive, and construction adhesives till 2018, as it is hosting the Soccer World Cup in 2014 and the Olympics in 2016.
Market share by participants in the hot melt adhesives industry is discussed in detail in the report. The leading players of this industry profiled include Avery Dennison Corporation (U.S.), Beardow & Adams Ltd (U.K.) Henkel AG (Germany), H. B. Fuller (U.S.), Sika AG (Switzerland), and others.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 HMA Market, By Product Types
6 HMA Market, By Applications
7 HMA Market, By Geography
8 Competitive Landscape
9 Company Profiles
- 3M Corporation
- American Chemical Inc.
- Ashland Inc.
- Avery Dennison Corporation
- Beardow & Adams (Adhesives) Ltd
- Bemis Associates Inc.
- Bostik Inc.
- Costchem SRL
- Dow Corning Corporation
- Dynea OY
- Evans Adhesive Corporation Ltd
- H.BFuller Company
- Henkel AG
- Hexcel Corporation
- Huntsman Corporation
- Jowat AG
- Sika AG
- Toyobo CoLtd
- Wisdom Adhesives
- Worthen Industries, Inc.
For more information visit http://www.researchandmarkets.com/research/t3f5m4/hot_melt
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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