The latest market report published by Constancy Researchers “Global Hot-melt Adhesives Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Hot-melt Adhesives Market: Overview
The global hot-melt adhesives market was valued at US$ XX Million in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global hot-melt adhesives market is anticipated to witness substantial growth in the years to come due to the growing demand for hot-melt adhesives from the construction & building industry along with increased appliances industry across the globe.The adoption of Industry 4.0 along with the increased investment for industrialization in the emerging economies are some other major factors for the growth of the hot-melt adhesives market in the years to come. Moreover, the emergence of hybrid resins for the production of hot-melt adhesives coupled with increased demand for eco-friendly products are some of the key opportunities for the global hot-melt adhesives market over the upcoming years. Besides, the strict environmental regulations is one of key factors estimated to hamper the global hot-melt adhesives market growth in the years to come.
Global Hot-melt Adhesives Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global hot-melt adhesives market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global hot-melt adhesives market, the demand for hot-melt adhesives has decreased due to haltin the manufacturing industry worldwide along with the decreased travelling during the COVID-19 period.
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Global Hot-melt Adhesives Market: Report Highlights
- Based on the regional analysis, North America dominated the market in 2020 and is projected to at the substantial rate during the forecast period. This is majorly due to the presence of large number of players in the region along with the increased spending on construction activities. Besides, the Asia Pacific region is estimated to witness huge growth during the forecast period owing to rapid industrialization along with the growing manufacturing industry in the region.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global hot-melt adhesives market.
- As per the research by Constancy Researchers Private Limited, the global hot-melt adhesives market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Hot-melt Adhesives Market
- Dow Chemical Company
- BASF SE
- Uniseal Inc.
- 3M Company
- Ashland Inc.
- Sika AG
- Avery Denison Corporation
- D. Industries Inc.
- Arkema
- Momentive Specialty Chemical Industries
- Beardow and Adams Limited
- Henkel AG & Co.
- Eastman Chemical Company
- B Fuller Company
- Others
Global Hot-melt Adhesives Market: Segmentation
Constancy Researchers Private Limited has segmented the global hot-melt adhesives market on the basis of product type, application, and regional analysis-
Global Hot-melt Adhesives Market: By Hot-melt Adhesives Product Type
- Acrylic
- Polyurethanes
- PVA
- Epoxy
- Styrenic block
- EVA
- Other
Global Hot-melt Adhesives Market: By Hot-melt Adhesives Application
- Pressure-sensitive applications
- Construction
- Packaging
- Furniture
- Automotive
- Footwear
- Others
Global Hot-melt Adhesives Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
