Global Hot Melt Adhesives Market

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Global Hot Melt Adhesives Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

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Global Hot Melt Adhesives Market is Estimated to
Reach 11 Billion by 2024, Says Accurize Market
Research

• Global hot melt adhesives market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 11 billion by
  2024 growing at a CAGR of 6.4 from 2017 to
  2025. By geography, the Asia Pacific and North
  America are expected to grow at a CAGR of XX and
  XX, respectively, during the forecast period.
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  melt-adhesives-market/sample-request

3
Global Hot Melt Adhesives Market is Estimated to
Reach 11 Billion by 2024, Says Accurize Market
Research

• Increasing demand from the packaging industry and
  rising need for replacing other adhesive
  technologies to drive the growth of the market
• Increasing demand from the packaging industry and
  growth in non-woven disposable industries are
  fuelling the demand for the global hot melt
  adhesives market.
• Moreover, the rising need for replacing other
  adhesive technologies and the need for
  high-performance solutions also boosts the growth
  of the market.

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Market Segmentation

• The global hot melt adhesives market has been
  bifurcated on the basis of type, application, and
  geography. The type segment includes
  ethylene-vinyl acetate (EVA), polyurethane (PUR),
  styrene block copolymers (SBS/SIS), hot melt
  pressure sensitive adhesives (HMPSA), polyamide
  (PA), and other types.
• Application is segmented as packaging,
  electronics, wood and furniture, automotive,
  non-woven/hygiene, construction, and other
  applications.
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  melt-adhesives-market/ask-for-customization

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Market Segmentation

• By geography, the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). North America is further bifurcated
  in the U.S., Canada, and Mexico whereas Europe
  consists of the UK, Germany, Italy, France, and
  the rest of Europe. Asia-Pacific is segmented
  into China, India, Japan, South Korea, and the
  rest of Asia-Pacific, while RoW is bifurcated
  into South America, the Middle East, and Africa.
• Ethylene-vinyl acetate (EVA)accounted for the
  largest market share in the type segment", says
  Accurize
• By type segment, Ethylene-vinyl acetate (EVA)
  accounted for the maximum market share in 2017,
  driven by its improved properties, increase in
  acceptance among film and injection, and wire and
  cable applications. Polyurethane (PUR) accounted
  for the second-largest share in this segment.

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Market Segmentation

• Packaging accounted for the largest market share
  in the application segment", says Accurize
• By application segment, packaging accounted for
  the largest market share over the forecast
  period. Whereas, non-woven/hygiene also dominated
  the application segment with the fastest CAGR
  during the forecast period, owing to its
  increased capacity and demand in emerging
  economies.
• Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• In 2017, Asia-Pacific dominated the global hot
  melt adhesives market with the largest market
  share and is expected to attain the fastest CAGR
  during the forecast period 2017 - 2025, driven by
  the expanding technological advancements in the
  countries such as India and China among others,
  and rising demand for end-use products.

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Top players in the market

• The key market players include
• Dow Corning
• Henkel AG Company
• Palmetto Adhesives Company
• American Chemical Inc.
• Sika AG
• 3M Company
• Jowat SE
• Toyobo Co., Ltd.
• Worthen Industries
• Beardow ADAMS (Adhesives) Limited

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