Hot Melt Adhesive Market Size, Share, Top Companies, New Technology, Demand and Forecast 2024-2032

The latest report by IMARC Group, titled “Hot Melt Adhesive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global hot melt adhesive market size reached US$ 7.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.



Hot melt adhesives, comprising thermoplastic polymers, typically exist in solid forms, remaining so at regular temperatures but transitioning into liquid states upon heating beyond their softening point. Upon cooling, they solidify to establish robust bonds. Their production involves blending thermoplastics with waxes, fillers, resins, plasticizers, and antioxidants. Application methods encompass extrusion, melt blowing, screen printing, spiral spraying, and slot die coating. Offering instant bonding capabilities with ceramics, glass, metal, paper, plastics, rubber, and wood, hot melt adhesives find widespread utilization in the automotive, construction, electronics, packaging, and textiles sectors worldwide.

Hot Melt Adhesive Market Trends and Drivers:

The global hot melt adhesive market experiences significant momentum, primarily propelled by its expanding role in diverse sectors. In the textile industry, it finds increasing application for fostering durable bonds in moisture-resistant textiles treated with hydrophobic polymers. Simultaneously, within the packaging realm, particularly in corrugated boxes and paperboard cartons, its demand surges for tasks like assembly, sealing, and labeling, driving market expansion. Furthermore, the food and beverage sector's inclination towards sustainable and cost-effective corrugated packaging further fuels this growth trajectory. In the automotive domain, hot melt adhesives play a crucial role in various applications such as trunk lining, emblem attachment, seat assembly, and air filter attachments, thereby augmenting market dynamics. Additionally, factors like the rising demand for fully-assembled and laminated furniture, continuous product innovation, and rapid infrastructural development contribute positively to the market's outlook.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/hot-melt-adhesive-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Resin Type:

  • Ethylene Vinyl Acetate (EVA)
  • Styrenic Block Copolymers (SBC)
  • Mettalocene Polyolefin (MPO)
  • Amorphous Polyalphaolefins (APAO)
  • Polyolefins
  • Polyamides
  • Polyurethane (PU)
  • Others

Breakup by Application:

  • Packaging
  • Automotive
  • Printing and Publishing
  • Furnitures and Woodwork
  • Textiles
  • Electronics
  • Construction
  • Others

Breakup by Product Form:

  • Pellets
  • Blocks
  • Glue Sticks
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • 3M Company
  • Arkema S.A.
  • Ashland Global Holdings Inc.
  • Avery Dennison Corporation
  • Beardow & Adams Ltd.
  • Dow Inc.
  • H.B. Fuller Company
  • Henkel AG & Co. KGaA
  • Jowat SE
  • Paramelt B.V.
  • Sika AG
  • Wacker Chemie AG.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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