# Hot Melt Adhesives Market to Register Unwavering Growth During 2018-2026 Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-11-12 Category: Research Reports Category URL: https://financedigest.com/category/research-reports Meta Title: Rise in Demand for Ethylene Vinyl Acetate and Polyurethanes Meta Description: Discover the projected growth of the global hot melt adhesives market at a CAGR of 8.7% till 2026. Find out key trends and forecasts in this in-depth report. URL: https://financedigest.com/hot-melt-adhesives-market-to-register-unwavering-growth-during-2018-2026html ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/research-report-1-14-1736837367802-compressed.jpg) In terms of revenue, the global hot melt adhesives market is projected to expand at a CAGR of 8.7% from 2018 to 2026, according to a new research report titled ‘Hot Melt Adhesives Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) In terms of value, the [global hot melt adhesives market](https://www.transparencymarketresearch.com/pressrelease/hot-melt-adhesives-market-2018-2026.htm) is expected to reach US$ 8642.2 Mn by 2026. The market is driven by the rise in demand for hot melt adhesives in packaging and non-woven/ hygiene products. The hot melt adhesives market in Asia Pacific is estimated to expand at a CAGR of 9.2% during the forecast period, owing to the rapid increase in demand for packaging in food and e-commerce sectors in the region. Based on product, the ethylene vinyl acetate segment held major share of the global hot melt adhesives market in 2017. However, the polyurethanes segment is expected to expand significantly from 2018 to 2026. **Get Brochure of the Report @** [https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep\_id=60933](https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=60933) **Rise in Demand for Ethylene Vinyl Acetate and** [Polyurethanes to Boost Market](https://www.financedigest.com/polyurethane-foam-market.html "Polyurethane Foam Market") Based on product, the ethylene vinyl acetate segment accounted for major share of the hot melt [adhesives market](https://www.financedigest.com/aerospace-adhesives-and-sealants-market-2.html "Aerospace Adhesives and Sealants Market") in terms of value and volume in 2017. This can be ascribed to the low [prices of ethylene vinyl acetate hot melt adhesives and ease](https://www.financedigest.com/german-gas-commission-agrees-proposals-to-ease-impact-of-soaring-prices.html "German gas commission agrees proposals to ease impact of soaring prices") of manufacture. These hot melt adhesives possess better performance properties in terms of crack resistance, resilience, toughness, UV resistance, and light stability. This enables packaging manufacturing lines to maintain high speed owing to short open and setting times of ethylene vinyl acetate hot melt adhesives. Thus, the cost-effectiveness of ethylene vinyl acetate is projected to drive the [hot melt adhesives market during the forecast period](https://www.financedigest.com/hot-melt-adhesives-market-is-anticipated-to-expand-at-a-cagr-of-6-2-over-the-forecast-period-of-2021-and-2031.html "Hot Melt Adhesives Market is anticipated to expand at a CAGR of 6.2% over the forecast period of 2021 and 2031"). Polyurethanes are employed in a [wide range of applications due to their excellent performance properties](https://www.financedigest.com/golden-sunshine-and-golden-visas-draw-wealthy-foreigners-from-far-and-wide-to-portuguese-property-market.html "Golden sunshine and golden visas draw wealthy foreigners from far and wide to Portuguese property market") such as high bond strength than water-based and other types of hot melt adhesives. The [growth of the polyurethanes segment is driven](https://www.financedigest.com/impact-com-ends-2022-with-strong-momentum-driven-by-client-and-agency-partner-growth.html "impact.com Ends 2022 with Strong Momentum Driven by Client and Agency Partner Growth") by the rise in demand for these adhesives in construction, furniture and product assembly applications. **Technical Limitations in High Temperature Applications and Presence of** [Potential Substitutes to Restrain Market](https://www.financedigest.com/intracranial-pressure-monitors-market-is-set-for-a-potential-growth-worldwide.html "Intracranial Pressure Monitors Market is Set for a Potential Growth Worldwide") Hot melt adhesives are thermoplastic compounds. Thus, they melt flow or creep when exposed to surrounding temperature that is near to their flow point. Technical limitations of hot melt adhesives such as smaller temperature range to which they can be exposed than water-based and solvent-based adhesives are anticipated to hamper the [market in the near](https://www.financedigest.com/mull-it-over-living-near-the-uks-best-christmas-markets.html "Mull it over: Living near the UK’s best Christmas markets") future. **Request the Corona Virus impact analysis:** [https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep\_id=60933](https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=60933) **Tank-free Hot Melt System Offers** [Key Opportunities](https://www.financedigest.com/baking-mixes-market-industry-outlook-growth-prospects-and-key-opportunities.html "Baking Mixes Market: Industry Outlook, Growth Prospects and Key Opportunities") Traditional hot melt system has limitations in the structure of tanks. Substantial amount of time is required for heating the material in the tank. Furthermore, it generates adhesive char. Operators are also exposed to hot adhesives. Tank free systems can employ vacuum feed to draw adhesive pellets into specially designed heating chambers. Pellets are melt-on-demand and dispense quickly without overheating. The elimination of heated tanks significantly improves the performance of hot melt equipment. Tank-free hot melt system is estimated to be an [efficient and high performance adhesion system that can drive](https://www.financedigest.com/iforces-route-genie-to-drive-efficient-carrier-management-for-freestylextreme.html "IFORCE’S ROUTE GENIE TO DRIVE EFFICIENT CARRIER MANAGEMENT FOR FREESTYLEXTREME") the hot melt adhesives market in the near future. **[Asia Pacific Accounts for Major Share](https://www.financedigest.com/asia-shares-ease-euro-slugged-by-energy-crisis.html "Asia shares ease, euro slugged by energy crisis") in Terms of Volume and Value** Asia Pacific was the major [region of the global hot melt adhesives market](https://www.financedigest.com/talent-acquisition-staffing-technology-and-services-market-regional-growth-drivers-segmental-analysis-opportunities-and-trends-2021-2028.html "Talent Acquisition & Staffing Technology and Services Market Regional Growth Drivers, Segmental Analysis, Opportunities and Trends 2021-2028"), accounting for more than 40% share in terms of volume and value in 2017. [Growth in industrialization is fueling the demand](https://www.financedigest.com/digital-ad-demand-helps-publicis-hike-2021-growth-outlook.html "Digital ad demand helps Publicis hike 2021 growth outlook") for hot melt adhesives in various end-use industries, such as packaging, electronics, construction, and automotive, in the emerging economies of Asia Pacific. [China is a key exporter of hot](https://www.financedigest.com/dollar-slips-yuan-gains-on-china-pmi-hot-inflation-lifts-euro.html "Dollar slips, yuan gains on China PMI; hot inflation lifts euro") melt adhesives in the global market. The country has experienced exponential [growth in e-commerce since the last two years](https://www.financedigest.com/the-next-upcoming-years-to-see-a-marked-growth-of-buttermilk-powder-market.html "The Next Upcoming Years To See A Marked Growth Of Buttermilk Powder Market"). This has boosted the demand for packaging, thereby [fueling the demand](https://www.financedigest.com/growth-in-the-power-generation-and-transmission-sector-is-likely-to-fuel-the-demand-for-special-tool-wire-cutters-2021-2031.html "Growth In The Power Generation And Transmission Sector Is Likely To Fuel The Demand For Special Tool Wire Cutters 2021-2031") for hot melt adhesives in packaging applications. Furthermore, [advancements in the health care industry and improvements in lifestyle in emerging economies such as China](https://www.financedigest.com/stocks-advance-u-s-dollar-retreats-as-china-drops-quarantine-rule.html "Stocks advance, U.S. dollar retreats as China drops quarantine rule") and India are likely to augment the demand for hot melt adhesives in non-woven/hygiene products. Rise in infrastructure activities, increase in focus on trade activities, and growth in awareness about hygiene products are anticipated to propel the demand for hot melt adhesives in [India during the forecast period](https://www.financedigest.com/india-construction-chemicals-market-expanding-at-an-impressive-cagr-of-close-to-14-over-the-forecast-period-of-2021-2031.html "India Construction Chemicals Market expanding at an impressive CAGR of close to 14% over the forecast period of 2021-2031"). **Pre Book our Premium Research Report@** [https://www.transparencymarketresearch.com/checkout.php?rep\_id=60933<ype=S](https://www.transparencymarketresearch.com/checkout.php?rep_id=60933<ype=S%20) **Global Hot Melt [Adhesives Market](https://www.financedigest.com/paints-and-adhesives-industry-are-creating-demand-for-methyl-silicone-resins-market.html "Paints And Adhesives Industry Are Creating Demand For Methyl Silicone Resins Market") is Primarily Consolidated** The report comprises profiles of major companies operating in the global hot melt adhesives market. Around 70% of the global hot melt adhesives market is consolidated, while the [rest is fragmented with the presence of a few small](https://www.financedigest.com/queens-final-resting-place-is-a-small-chapel-in-historic-windsor-castle.html "Queen’s final resting place is a small chapel in historic Windsor Castle") players. Key players include H.B. Fuller Company, Henkel AG & Company KGaA, Arkema, 3M, Sika AG, Jowat SE, TEX YEAR INDUSTRIES INC., Hexcel Corporation, Dowdupont, Beardow Adams, HEARTLAND ADHESIVES LLC, REXtac, LLC, Toyobo Co., Ltd, Akzo Nobel N.V., and Exxon Mobil Corporation. [Market players have been profiled in terms of attributes such as company overview](https://www.financedigest.com/automotive-carbon-brake-rotors-market-overview-cost-structure-analysis-growth-opportunities-and-forecast-to-2026.html "Automotive Carbon Brake Rotors Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2026"), financial overview, business strategies, and recent developments. The report also comprises a matrix of comparison between the [top four players operating in the global hot melt adhesives market](https://www.financedigest.com/structural-adhesives-market-to-top-us-16-1-bn-as-adoption-of-lightweight-composites-burgeons-within-automotive-sector-future-market-insights.html "Structural Adhesives Market to Top US$ 16.1 Bn as Adoption of Lightweight Composites Burgeons within Automotive Sector: Future Market Insights") along with analysis of their key strengths for 2017. **About Us** Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative [forecasting and trends analysis provides forward-looking insight for thousands of decision makers](https://www.financedigest.com/elevator-maker-kone-hikes-outlook-as-q1-profit-orders-beat-forecasts.html "Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts"). Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency [Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business](https://www.financedigest.com/how-businesses-can-effectively-pivot-marketing-game-plans-for-christmas-2020.html "How businesses can effectively pivot marketing game plans for Christmas 2020") reports. **Contact TMR** Mr. Rohit Bhisey Transparency Market Research USA – Canada Toll Free: 866-552-3453 **Email:** [sales@transparencymarketresearch.com](mailto:sales@transparencymarketresearch.com) **Website**: [https://www.transparencymarketresearch.com/](https://www.transparencymarketresearch.com/) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---