COVID19: HOT MELT ADHESIVES (HMA) MARKET TO REACH USD 11.9 BILLION BY 2027 | CAGR 5.3% — FORENCIS RESEARCH

  • According to the new market research report “Hot Melt Adhesives (HMA) Market by Type (Ethylene Vinyl Acetate (EVA), Styrenic Block Copolymers (SBC), Metallocene Polyolefin (MPO), Amorphous Polyalphaolefins (APAO), Polyolefins, Polyamides, Polyurethane (PU)), by Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global Hot Melt Adhesives (HMA) market is estimated to reach USD 11.9 Billion by 2027 at a CAGR of around 5.3% during the review period.
  • Hot melt adhesives are a form of thermoplastic adhesive that is commonly sold as solid cylindrical sticks of various diameters designed to be applied using a hot glue gun.
  • Hot melt adhesives are solid at room temperature and can be softened, reshaped, and dispensed upon heating above their softening point
  • They have excellent gap filling capabilities and bond a wide variety of porous and non-porous substrates including pre-painted steel and polyolefin plastics.
  • The increasing demand for hot melt adhesive for various household and industrial applications is expected to boost the global Hot Melt Adhesives (HMA) market.
  • Thus, the booming packaging and nonwoven applications in Asia-pacific and South America region are expected to create an opportunity for key market players.
  • However, fluctuations in raw material and low thermal resistance are act major restraining factors for the growth of the hot melt adhesives (HMA) market
  • Asia-Pacific
  • Europe
  • 3M Company:
  • Arkema SA:

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