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Hot Melt Adhesives Market Share

Report ID: GMI263
Published Date: Jul 2024
Report Format: PDF

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Hot Melt Adhesives Market Share

The demand for hot melt adhesives industry is on the rise owing to targeted efforts by leading companies. These efforts include significant R&D investments to develop new high-performance coating solutions tailored to specific industry needs. Companies are also expanding their manufacturing and growing their distribution networks to ensure that products will be delivered in a timely manner to meet evolving customer needs. Strategic collaborations contribute to the development of an environmentally friendly and sustainable HMA in line with global environmental trends. With a focus on quality, custom, and sustainability, these companies are driving market growth and consolidating their position as key players in the HMA industry.

Hot Melt Adhesives Market Companies

Major companies operating in the hot melt adhesives industry competitive landscape include:

Henkel AG & Co, KgaA
Arkema Group
HB Fuller
Ashland, Inc.
Sika AG
3M
Jowat Klebstoffe
Palmetto Adhesives Company
Dow Chemical Company
Avery Dennison Corporation
Applied Adhesives
Power Adhesives Ltd
Huntsman Corporation
Beardow & Adams Ltd
Hexcel Corporation

Authors: Kunal Ahuja, Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Global industry size for hot melt adhesives was valued at USD 13.8 billion in 2023 and is anticipated to register 9% CAGR between 2024 and 2032, driven by intensifying product usage across various industries and growing adhesives market demand.

The EVA segment in the hot melt adhesives market will register 9.4% CAGR through 2032 due to their excellent coating properties and resistance to temperature changes, benefiting packaging and e-commerce.

Asia Pacific market is expected to reach USD 11 billion by 2032 due to the increasing disposable incomes and changing lifestyles.

Henkel AG & Co, KgaA, Arkema Group, HB Fuller, Ashland, Inc., Sika AG, 3M, Jowat Klebstoffe, Palmetto Adhesives Company, Dow Chemical Company, Avery Dennison Corporation, Applied Adhesives, Power Adhesives Ltd, and Huntsman Corporation, among others.