Hot Melt Adhesives Market to Rise at 6.5% CAGR to 2024, Expects Variant Market Research in Its In-Demand Report Available at MarketPublishers.com
23 Nov 2017 • by Natalie Aster
LONDON – Available in various forms (powder, granules, ribbons, blocks, slats, foil, etc.), hot melt adhesives are extensively used in construction and consumer goods industries for manufacturing different pressure-sensitive products.
During 2017-2024, the world’s market for hot melt pressure adhesives is projected to rise at a modest 6.5% CAGR. Growth in this market will be encouraged by such favourable factors as increasing need to replace other adhesive technologies, escalating demand from the packaging industry, uptake in non-woven disposable industries along with elevating demand for high-performance solutions.
However, certain factors could considerably hinder growth in the hot melt adhesives market, for instance, fluctuating price of raw materials and low thermal.
The prominent companies competing in the hot melt adhesives market include Sika AG, Jowat SE, Worthen Industries, Dow Corning, Toyobo Co., Beardow & ADAMS Limited, Henkel AG & Company, Palmetto Adhesives Company, American Chemical, 3M Company, among others.
In-demand research publication “Hot Melt Adhesives Market (By Type, By Application, By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024” worked out by Variant Market Research presents an in-depth analysis of the hot melt adhesives market categorising it on the basis of applications, types and regions.
This research report includes updated info on the historical and actual market performance at different geographical levels, discloses data on the market size and shares, reviews the growth rates across different market segments and sheds light on the hot melt market dynamics with a close look at the key factors responsible for the market growth. Besides, this study comprises a profound overview of the competitive scene in the examined market as well as profiles the most prominent companies operating in the marketplace. A review of the top trends and data on the emerging market growth challenges and opportunities are also at hand in this report. Moreover, the publication uncovers an all-round future outlook for the hot melt adhesives market with detailed forecasts up till 2024.
A full list of the publisher’s research studies is available in the Variant Market Research catalogue.