+$10.2 Billion Hot Melt Adhesives Market 2018-2023: Global Market Size, Share, Development, Growth, and Demand Forecast - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Hot Melt Adhesives Market by Product, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023” report has been added to ResearchAndMarkets.com’s offering.
Global hot melt adhesives market is projected to reach $10,259.7 million by 2023; the market growth is mainly driven by the fast growing automotive and packaging industries.
On the basis of product, the hot melt adhesives market is categorized into ethylene vinyl acetate (EVA), styrenic block copolymer (SBC), polyurethane (PU), polyamide (PA), amorphous polyalphaolefins (APAO), metallocene polyolefins (MPO), polyester, and others. Of these, the volume sales of PU are expected witness the highest growth, with 5.9% CAGR during the forecast period, driven by high demand for hot melt adhesives from the automobile industry along with the growing construction activities worldwide.
Based on application, the hot melt adhesives market is segmented into packaging products, hygiene, furniture, footwear, textile, automobile, bookbinding, others. Among these, packaging products has been the leading category in the market, with more than 24% revenue contribution in 2017. Owing to the growing standard of living, the demand for packaged products is expected continue to remain high, which in turn will boost the market growth during the forecast period.
Key HighlightsHot melt adhesives market is expected to witness fastest growth in APAC Increasing development of bio-based hot melt adhesives to offer immense growth opportunities in the market
Key Topics Covered
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size & Forecast
Chapter 6. North America Market Size & Forecast
Chapter 7. Europe Market Size & Forecast
Chapter 8. APAC Market Size & Forecast
Chapter 9. RoW Market Size & Forecast
Chapter 10. Competitive Landscape
Chapter 11. Company ProfilesHenkel AG & Co. KGaA Jowat SE Sika AG 3M Company Avery Dennison Corporation H.B. Fuller Company Arkema Group Westlake Chemical Corporation Beardow & Adams (Adhesives) Limited DowDuPont Inc.
For more information about this report visit https://www.researchandmarkets.com/research/rp9s27/10_2_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005550/en/
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Related Topics:Adhesives and Sealants
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/08/2018 11:58 AM/DISC: 08/08/2018 11:58 AM