Market Overview:
The latest report published by VynZ Research, Global Hot Melt Adhesives Market – Analysis and Forecast (2025–2030), offers a comprehensive analysis of the industry, which comprises insights on the market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global hot melt adhesives market is projected to grow from USD 8.9 billion in 2023 to USD 14.9 billion by 2030, registering a CAGR of 6.1% during the forecast period ranging from 2025 to 2030. Hot melt adhesives are also called thermoplastic adhesives. These are usually applied with hot glue guns and re available in both natural and synthetic variants. The growth of the global hot melt adhesives market is mainly attributed to the growing consumer spending especially in developing countries as well as the growing packaging industry. It is also the result of higher adoption of these tapes. However, the variable prices of raw materials pose significant challenge in manging costs and thereby hinders the market growth. Despite this, growth prospects are offered by the ongoing innovations in assembly methods, especially in the automotive industry and the developments in technology.
Growth Drivers
The primary factor influencing the growth of the global hot melt adhesives market is the rising disposable incomes among people in developing countries like China, India, and Indonesia. It is also the result of the higher adoption and demand in specific industries such as electronics, clothing, and footwear. Additionally, the notable expansion of the packaging industry, rapid industrialization, significant technological advancements, and innovations in adhesive formulations are contributing to the market growth. A few other factors influencing the demand and market growth of hot melt adhesive tapes include rapid rise in construction and automotive activities, growing need in eCommerce and healthcare packaging, rising consumer demand for sustainable and non-toxic solutions, and strict government regulations on emissions and growing concerns over environmental impact.
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Hot Melt Adhesives Market 2025-2030 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the Hot Melt Adhesives Market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Sika AG
Beardow & Adams (Adhesives) Limited.
3M Company
Westlake Chemical Corporation
Bostik Inc.
Jowat SE
H.B. Fuller Company
Avery Dennison Corporation
Arkema Group
DowDuPont Inc.
Henkel & Co. KGaA
Key Market Segmentation:
Type Insight and Forecast 2025-2030
Styrenic Block Copolymers (SBC)
Polyamide (PA)
Polyurethane (PU)
Ethylene-vinyl Acetate (EVA)
Amorphous Poly-Alphaolefin (APAO)
Polyester
Metallocene Polyolefin (MPO)
Application Insight and Forecast 2025-2030
Furniture
Hygiene
Bookbinding
Packaging Solutions
Automobile
Textile
Electronics
Footwear
Others
Explore Full Report with TOC & List of Figure:
Key Highlights of the Report:
Market Performance (2018-2023)
Base Year 2024
Market Outlook (2025-2030)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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