Apr 23, 2022   SOURCE: BusinessWire

Global Hot-melt Adhesives Market Outlook to 2026 - Players Include Arkema, Sika and Ashland Among Others - ResearchAndMarkets.com

The "Global Hot-melt Adhesives market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

This report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Hot-melt Adhesive Market by segmenting based on Resin Type, Application, End-user

. The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

Hot-melt Adhesives refer to a solid formulation that is based on thermoplastic polymers that remain solids under average temperature but turn into liquids when they are heated above their softening point upon solidification, and they return to a physical state with solidification, they return to a physical form with structural value and can act as an adhesive.

According to the publisher, the global Hot-Melt Adhesive market is expected to witness a significant growth rate during the forecasted period. Factor like expanding packaging sector is primarily catalyzing the demand for hot melt adhesives for sealing, assembling, & labeling corrugated boxes, paperboard, & other packaging products. Further, the increasing awareness regarding personal hygiene is likely to boost the demand for non-woven products like diapers & female hygiene products, which is expected to drive the segment growth.

Furthermore, in woodworking, Hot-Melt Adhesives are used as general-purpose adhesives for wooden bonding substrates in furniture. However, the thermal load of the substrate, limiting use to substrates not sensitive to higher temperatures, loss of bond strength at higher temperatures, & complete melting of the adhesive are expected to impact market growth.

Hot-Melt Adhesives are primarily used in the packaging industry, such as carton closing, sealing & pallet stabilization. It also provides a surface application on various materials or wide demand for a DIY application, including woodwork, craft, paper & plastic packaging.

The packaging and non-woven product applications are the most dominant consumer of hot -melt Adhesives market globally & are anticipated to drive the future market. Unlike their Solvent or water-based counterparts, hot melt adhesives do not need drying or curing. They can be involved in their molten state and, accordingly, can be bonded instantly after the application gives them the distinct benefit of faster processing times in various applications, including packaging. An exceptionally high proportion of all industrial products are sold in packaging due to stability requirements for storage and transport or aesthetics reasons.

The rise in replacing other adhesive technologies with hot-melt adhesives due to their superior characteristics such as high heat resistance, high tensile strength & high usage in the automotive industry further influences the market. PUR hot melt offers a stronger adhesion & cures better than traditional hot melts, making it a skillful choice in the growing industrial packaging industry. The rising adoption of customized & flexible packaging in the food & beverages sector is also driving the demand for hot-melt adhesives as they don't contain volatile organic compounds (VOCs), which can result in awful odor and can also negatively impact the food quality.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

3.1 Introduction

3.2 Market Dynamics

3.2.1 Drivers

3.2.2 Restraints

3.3 Market Trends & Developments

3.4 Market Opportunities

3.5 Regulatory Policies

3.6 Analysis of Covid-19 Impact

4. Industry Analysis

4.1 Supply Chain Analysis

4.2 Porter's Five Forces Analysis

4.2.1 Competition in the Industry

4.2.2 Potential of New Entrants into the Industry

4.2.3 Bargaining Power of Suppliers

4.2.4 Bargaining Power of Consumers

4.2.5 Threat of substitute products

5. Market Segmentation & Forecast

5.1 By Resin type

5.1.1 Ethylene Vinyl Acetate

5.1.2 Styrenic Block Copolymers

5.1.3 Thermoplastic Polyurethane

5.1.4 Others

5.2 By Aplications

5.2.1 Packaging

5.2.2 Automotive

5.2.3

Furniture and Woodworking

5.2.4 Others

5.3 By End-User Industries

5.3.1 Packaging Solutions

5.3.2 Non-woven Hygiene Products

5.3.3 Furniture & Woodwork

5.3.4 Book binding

5.3.5 Others

6. Regional Market Analysis

7. Key Company Profiles

7.1 Henkel AG Co. KGaA

7.2 Arkema Group

7.3 H.B. Fuller Company

7.4 Dow

7.5 Jowat Corporation

7.6 Sika AG

7.7 Avery Dennison Corporation

7.8 3M

7.9 Ashland

7.10 Beardow Adams

7.11 Huntsman Corporation

7.12 RPM International

7.13 DuPont

7.14 Evonik Industries

7.15 Westlake Chemical Corporation

8. Competitive Landscape

9. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/7zaknm