Rising demand from packaging in global market which is coupled with adoption of bio-based hot-melt adhesives is resulting into growth of hot melt adhesives market globally.
Hot melt adhesives are solid form, thermoplastic glue which finds major applications in packaging and building & construction industry sectors. Hot melt adhesives are applied by using a hot glue gun. These adhesives are in solid form, which eliminates the risk of degradation in a humid environment. The most essential market for hot melt adhesives has been packaging industry in which the creation of packaging goods such as tapes and labels has been witnessing enormous growth. Moreover, enhancements in living standards and rising disposable incomes in developed as well as developing economies have resulted in demand for various products which require packaging. On the other hand, the rising market for online retail is acting as a catalyst in transforming the hot melt adhesive industry by offering numerous growth opportunities.
– Get Free Sample Report with Tables and Figures_ https://www.alltheresearch.com/sample-request/246

Hot melt adhesives (HMA) is defined as a type of thermoplastic adhesive material which is used in several industrial applications including packaging and building & construction. Holt melt adhesives are also known as hot glue as it is applied over target area by using hot glue gun which uses a heating element in order to melt the adhesive. These adhesives do not consist formaldehyde which has several adverse effects on human and environment health due to which hot melt adhesives are gaining popularity globally. Moreover, hot melt adhesives come in solid form which eliminates the risk of losing physical properties in humid weather conditions. Additionally, the application of hot melt adhesives is very easy and do not require costly shutdown and start up process during application.
Based on distribution channel, the offline segment is estimated to hold the highest market share in 2018
Based on the distribution channel, the market has been segmented into online and offline. In 2018, the offline segment is accounted for the highest market share of almost 75% in the global market. Moreover, the online segment registers for the higher penetration rate in the future owing to the incorporation of the last-mile delivery system is transforming the online sales channel of supply chain globally resulting in huge demand for e-commerce segment.
Company Profiles and Competitive Intelligence:
The major players operating in the global hot melt adhesives market are 3M Company (U.S.), Arkema (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG & Company KGaA (Germany), Jowat SE (Germany), Beardow & Adams (Adhesives) Limited (U.K.), Avery Dennison (US), Tex Year Industries Inc. (US) and Sika AG (Switzerland) among others.
– For Other Requirement_ https://www.alltheresearch.com/customization/246

The hot melt adhesives industry is primarily driven by demand from packaging and building & construction industry which require these adhesives on a regular basis. The demand is essentially seen from developing economies such as India and China which has resulted in the fastest growth rate for Asia Pacific region.
Key Findings:
• Based on the resin type, the ethylene vinyl acetate (EVA) segment is expected to grow at the highest CAGR of around 8% during the forecast period
• Based on the distribution channel, in 2018, the offline segment is accounted for the highest market share in terms of value of almost 75% in the global market
• Based on the end use industry, the packaging segment came out as a leading sector for the global hot melt adhesives market, in 2018
• On the basis of region, North America region which is fuelled by growth in consumer goods segment, accounted largest market share globally by contributing more than 35% share in 2018
Recent News:
• In September 2019, US based hot melt adhesives manufacturer 3M Company made an announcement of new Sealing Tape 375+ product launch which helps in providing superior industrial packaging solutions.
• In May 2019, Sika AG (Switzerland) launched new hot melt adhesive Sikamelt -675 for United States market. This is a reactive polyurethane hot melt for sandwich panel bonding.
Continue.....
– More Clear Details Make Enquiry_ https://www.alltheresearch.com/speak-to-analyst/246

About AlltheResearch
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realize, that it’s not just sheer data-points, but the right analysis that creates a difference.
For all your Research needs, reach out to us at:
39180 Liberty Street Suite 110, Fremont, CA 94538, USA
Email: [email protected]
US: 1-888-691-6870