Hot Melt Adhesives Market
The global machine translation market is growing at a significant rate. The rising
purchasing power of consumers in developing countries, as well as the expansion of
the packaging industry, are both contributing to the market's growth.
On the basis of the type, Throughout the forecasted period, EVA has generated the
On the basis of application, During the forecast era, the automotive application is
projected to rise at the fastest pace, with a CAGR of 7.0 percent. The fastest growth of
this application can be attributed to the widespread use of hot melts in commercial
and personal vehicle components in emerging economies.
The global hot melt adhesives market's growth is being hampered by the fluctuating
prices of raw materials for hot melt adhesives.
Consumer disposable income in developing countries such as China, India, and
Indonesia is a major factor pushing the global hot melt adhesives market forward.
Globally, industry players in the global hot melt adhesives market are capitalising on
changing trends away from conventional methods and toward novel automotive
assembly methods to drive market development.
Geographically, the hot melt adhesives market in North America is expected to
produce USD 3.9 billion in revenue by 2024, with a CAGR of 6.1 percent over the
Sika AG, Beardow & Adams (Adhesives) Limited, 3M Company, Westlake Chemical
Corporation, and Bostik Inc. are some of the major players in the global hot melt
Source: VynZ Research
Contact Person – Kundan Kumar
Email ID – email@example.com
For Free Sample Report: