+1-888-308-5802     
News Contact Us

Hot Melt Adhesives Market for packaging application is expected to surpass $3 billion by 2024

Author : Rahul Varpe | Published Date : 2019-06-27 

Europe, led by Germany, France and UK hot melt adhesives market may register growth of over 4.5% by the end of projected period. Strong application scope in automotive & packaging industry along with stringent regulations imposed by REACH and EPA regarding environmental concerns should drive regional growth. Rise in demand of high quality sportswear, footwear and protective shoes accompanied with usage of bio-based products in food packaging may spur product demand.

Hot melt adhesives offer benefits such as quick curing time, low VOC emissions and easy application by glue gun. Automotive application minimizes volatile organic compounds to stable and provide safety to vehicles under extreme heat conditions. Solvent based PURs are extensively used in food packaging and laminating applications.

Request for a sample copy of this report @
https://www.gminsights.com/request-sample/detail/263     

Positive application outlook in disposables, footwear, automotive and packaging industry may enhance hot melt adhesives market. Supporting regulations by REACH and EPA pertaining to usage of eco-friendly products should propel product demand in North America and Europe.

Polyurethane, ethylene vinyl acetate, polyamide, polyolefin and styrenic block copolymers are the prominent raw materials used for production of hot melt adhesives. Ethyl vinyl acetate has positive application scope in automotive, woodworking, packaging and paper industries owing to its superior performance and low cost. Polyolefins based adhesives also have usage in paper and packaging industry. Volatility in raw material prices can increase supply demand gap and impact hot melt adhesives market price trend.

Ethyl vinyl acetate hot melt adhesives market may register growth of over 5% by the end of forecast period. Strong application outlook in woodworking, paper and automobile industries owing to its intact adhesion, dependability, durability and versality may boost product demand. They are designed to adhere to aqueous coating, paper stock and waxes, thereby encouraging their usage in labeling, carton sealing and plastic film.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/263       

Polyurethane hot melt adhesives market may exceed USD 1 billion by 2024. It is widely used in pharmaceuticals, cosmetics and electrical & electronics industries due to its better adhesion, flexibility and temperature & moisture resistance properties. Increase in demand for bio-based products along with positive outlook towards using insignificant VOC content products may propel industry growth.

Packaging application of hot melt adhesives market may surpass USD 3 billion by 2024. They are widely used in corrugated case & paper board carton sealing along with glass, plastic bottle and cans. Increase in tapes, labels and films production for application in packaging along with regulations pertaining to safety of food contact materials mainly in India and China should boost product demand.

Global hot melt adhesives market share is moderately consolidated with key manufacturing participants include:

  • H.B. Fuller
  • Henkel AG
  • Dow Chemical
  • Bostik
  • 3M Company
  • Hunstman Corp
  • Jowat
  • Ashland
  • Tex Year Industries
  • Avery Dennison

Browse Report Summery @
https://www.gminsights.com/industry-analysis/hot-melt-adhesives-market  

 

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

Web: https://www.gminsights.com/      

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Asia Pacific Air Filtration Market is expected to witness significant gains during 2019 – 2023

Published Date: 2019-07-22         Author: Rahul Varpe

Industrial products contributed to more than 27% of Asia Pacific air filtration market revenue in 2015, subject to the high demand of air filters in the medical sector and laboratories. The sub-products of industrial filters, such as dust collectors, baghouse filters, cartridge collectors & filt... Read More

Europe Industrial Air Filtration Market 2019 | Regional Insights & Growth Forecast To 2022

Published Date: 2019-07-22         Author: Rahul Varpe

Europe Industrial Air Filtration Market size in metal applications is projected to account for nearly 22% of the overall revenue over the coming timeframe.  Escalating need for healthy working conditions in the firms and the high necessity to maintain the humidity equilibrium will foster the gr... Read More

Compressed Air Treatment Equipment Market 2019-2024 Revenue Forecast By Global Industry Players

Published Date: 2019-07-22         Author: Rahul Varpe

Atlas Copco, the Swedish giant, that is claimed to constitute almost one tenth of the competitive spectrum of compressed air treatment equipment market, has undertaken a plethora of acquisitions over the recent years, to expand its geographical reach and product enhancement. The latest acquisition w... Read More

© 2019 Fractovia. All Rights Reserved