Growth Opportunities for the Global Hot Melt Adhesives Market
The future of the global hot melt adhesives market looks promising with opportunities in packaging,disposable hygiene products, automotive, bookbinding, and other sectors. The global hot meltadhesives market is expected to reach an estimated $9.3 billion by 2022 and is forecast to grow ata CAGR of 4.5% from 2017 to 2022. The major growth drivers for this market are growing demandfor hot melt adhesives in end use industries like packaging, disposable hygiene products, andautomotive industry due to fast processing and environmental friendly properties.
In this market, packaging and disposable hygiene are the major applications of hot melt adhesives.
On the basis of our comprehensive research, Lucintel forecasts that the automotive segment isexpected to show above average growth during the forecast period.
Within the global hot melt adhesives market, the styrene block copolymers (SBCs) segment isexpected to remain the largest market by polymer type because SBCs offer better cohesion,strength, and heat resistance. These properties of SBCs have presented sound opportunities forhot melt adhesives in the pressure sensitive adhesives industry, which will spur growth for thissegment over the forecast period.
This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in this market.
This report will save hundreds of hours of your own personal research time and will significantlybenefit you in expanding your business in this market. In today’s challenging economy, you needevery advantage that you can find.
Scope and Features of This Report:
To make critical business, investment, or strategic decisions, you need timely useful information.
This market report fulfills this core need and is an indispensable reference guide for materialsuppliers, product manufacturers, investors, executives, distributors, and more that operate in thismarket. Some of the features and scope of this report include the following:
Market size estimates: Growth opportunities in the global hot melt adhesives market in terms of value ($B) and volume (Million Pounds) shipment
Trend and forecast analysis: Global hot melt adhesives market trend (2011-2016) and forecast (2017-2022) by region and segment
Segmentation analysis: Global hot melt adhesives market size from 2011 to 2022 by application type, polymer type, and product type, and region type as follows:
Global hot melt adhesives market size by application type: