|By PR Newswire||
|August 22, 2014 12:00 PM EDT||
DALLAS, August 22, 2014 /PRNewswire/ --
The global hot melt adhesives market is driven by changing trends in various end-user segments such as packaging, non-woven, pressure sensitive applications, etc. This also results in the development of newer and improved application and performance properties. The major hurdle, which is currently to inhibit the growth of the market, is volatility in the prices of raw materials used to manufacture hot melt adhesives.
The Hot Melt Adhesives Market by Products (EVA, Styrenic Block, Polyolefin, Polyurethane, & Others), By Applications (Packaging, Non-Woven, Pressure Sensitive, Construction, Bookbinding, & Others), by Geography - Global Trends & Forecasts to 2018 research report, spread across 265 pages, estimates a market size of the global hot melt adhesives market both in terms of volume and revenue. The market has been further segmented on the basis of product types and applications. This segmentation is given for major regions and key countries in those regions. Market drivers, restraints and challenges, raw material, and product price trends are discussed in detail. The industry is witnessing high growth on an account of growing demand in the Asia-Pacific region. China is the biggest consumer of hot melt adhesives due to rapid industrialization and infrastructure growth. Japan, South Korea, and Taiwan have high per capita consumption of hot melt adhesives, which is why they are expected to grow at a moderate CAGR.
The packaging, non-woven, and pressure sensitive industries grow at a high rate in China and India, which drives the demand for hot melt adhesives. There is low control on the consumption of high VOC adhesives in China and India, due to the absence of related government policies. Market players are keen to expand their product portfolio and offer it to consumers at competitive prices. The major market players are focusing on R&D activities to innovate products under the regulations of EPA and REACH. Other development strategies opted by market players include signing agreements and collaborations to optimize their distribution chain in growing economies.
Companies profiled in the hot melt adhesives market report include 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.B. Fuller Company, Henkel AG, Hexcel Corporation, Huntsman Corporation, Jowat AG, Sika AG, Toyobo Co. Ltd, Wisdom Adhesives and Worthen Industries, Inc. Order a copy of this report for US$4650 (single user PDF) at http://www.rnrmarketresearch.com/contacts/purchase?rname=114414 .
Hot Melt Adhesives Market are defined as adhesives that melt and flow on application of heat and solidifies on cooling to give a strong adhesion. HMA are 100% thermoplastic solids at temperatures below 80°C. They are applied in a molten state at temperatures that range from 120°C to 180°C depending on the applications and materials that are to be bonded. Hot melt adhesives form strong mechanical bonds that help them adhere to a wide range of substrates. One of the major advantages of hot melt adhesives is that they deliver cost saving benefits owing to their 100% solid nature; also, the entire volume is used as an adhesive, while other conventional adhesives lose 50% to 70% of their volume when used in an application. Hot melt adhesives can also be created in various forms that include pellets, slugs, and blocks for bulk application, or stick and continuous rope forms for heated gun applicators.
The global economy slowly recovered from the financial crisis of 2011 that had an impact on major industries such as construction, automotive, packaging, and labeling. A majority of these industries have shown signs of recovery. This is expected to have a strong impact on the hot melt adhesives market till 2018. Besides that, strong industrial growth in the Asia-Pacific region is also expected to boost the demand for hot melt adhesives and will have an impact on the growth of this market. Steady advancement in technology and the shift of manufacturers from traditional solvent based adhesives to hot melt adhesives is expected to have a medium impact on the hot melt adhesives market in the near future.
Other reports on adhesives and sealants market available with RnRMarketResearch.com include:
Pressure Sensitive Adhesives Market by Technology (Water-Based, Solvent-Based, Hot Melt & Radiation), by Application (Industrial Tapes, Specialty Tapes, Medical Tapes, Labels, Graphics & Others) & by Geography - Global Trends & Forecasts to 2018 is a 247 pages research report that says increasing need for weight reduction of end-user products, high bonding solutions, sustainable developments, growing tapes demand, rising GDP, purchasing power, will drive the global pressure sensitive adhesives (PSA) market to $8.4 billion by 2018. India and China leads the world in terms of usage of PSA due to heavy industrialization in these countries, which makes it the biggest market for adhesives. The market here is expected to experience highest revenue growth during the next five years. Companies like 3M, Adhesives Research Inc, Ashland Inc, Avery Dennison Corp., BASF SE, Bostik SA, Collano Adhesives, Dow Corning, Drytac, Franklin Adhesives & Polymers, H B Fuller, Henkel AG & Company, Jesons Industries India, Momentive Specialty Chemicals Inc, Novamelt, Scapa Group PLC, Shanghai Jaour Adhesives Products Company, Sika AG, The Dow Chemical Company and Toyoink International are profiled in this research available at http://www.rnrmarketresearch.com/pressure-sensitive-adhesives-market-by-technology-water-based-solvent-based-hot-melt-radiation-by-application-industrial-tapes-specialty-tapes-medical-tapes-labels-graphics-others-by-market-report.html .
Adhesives & Sealants Market By Chemical Type, By Technology, By Applications (Pressure Sensitive Adhesive, Packaging , Construction, Automotive, Woodwork, & Others) & By Geography - Global Trends & Forecasts to 2018 is 498 pages research report that estimates the market size of the global adhesives and sealants market in terms of both volume and revenue. The market has been further segmented on the basis of product type, application, and technology. This segmentation is given for major regions and the key countries in those regions. Market drivers, restraints and challenges, raw material, and product price trends are discussed in detail. The adhesives segment dominates the global adhesives and sealants market, with a share of more than 75%. With the huge market potential and the growing preference, the market for adhesives and sealants is likely to witness considerable growth. The growth of the market is also largely attributed to the technological developments. Companies profiled in this research include 3M, ADCO Global Inc., Adhesives Research Inc., Ashland Inc., Avery Dennison Corporation, BASF SE, Beardow & Adams (Adhesives) Ltd, Beijing Comens New Materials Company Ltd, Bolton Group B.V, Bostik SA, Cyberbond LIC, Dymax Corporation, Dynea OY, H.B Fuller, Henkel AG & Company, Illinois Tools Works Incorporation, Momentive Specialty Chemical Inc, PPG Industries Incorporation, RPM International Incorporation, Sika AG, Soudal NV, Super Glue Corporation, The Dow Chemical Company, Three Bond Limited and Wisdom Adhesives Worldwide. Read more at http://www.rnrmarketresearch.com/adhesives-sealants-market-by-chemical-type-by-technology-by-applications-pressure-sensitive-adhesive-packaging-construction-automotive-woodwork-others-by-geography-global-tre-market-report.html .
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