Polyurethane Hot Melt Adhesives Market Analysis - Global Industry Size, Share, Trends and Forecast 2025

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC494

Introduction

The global polyurethane hot melt adhesives market looks encouraging with several opportunities in disposable personal care products, packaging, bookbinding, automotive and several other sectors. Polyurethane hot melt adhesives generally refer to solvent free mixes, with no volatile natural compounds (VOCs) when contrasted with adhesives based on solvents. These adhesives are favored over different other adhesives for their exceptional properties, for example, dampness protection, high-temperature protection, brilliant adaptability and their capacity to bond with an extensive variety of materials such as plastics, metals and wood. These factors make them reasonable for a lion's share in commercial and modern applications. The significant development drivers for this market are developing interest for hot melt adhesives in end use applications such as personal care products, automotive and packaging industry because of quick preparing and environment friendly characteristics. Improvement of bio-based products for helping consumers in diminishing their reliance on oil based materials especially in packaging industry is a major trend pertaining in the market.

Market Dynamics

Remarkable growth of the global packaging industry has played a prominent role in the development of global hot melt adhesives market. Additionally, speedy growth in the consumption of non-woven disposable products along with increase in the consumption of hot melt adhesives, especially in the automotive sector, is likely to bring impetus in the overall demand over the forecast period. Moreover, growth in demand for healthcare products is further projected to bring new growth avenues in the foreseeable years. Thus, rising demand for packaged food products coupled with changing lifestyle is projected to lead to a robust growth of global polyurethane hot melt adhesives market. Furthermore, sturdy application scope in disposables, packaging, footwear and automotive industry is further anticipated to drive the overall market size.

Market Classification

The global polyurethane hot melt adhesives market can be segmented on the basis of type, application and geography. Based on type, the global polyurethane hot melt adhesives market can be segmented into reactive polyurethane hot melt adhesives and non-reactive polyurethane hot melt adhesives. On the basis of application, the global polyurethane hot melt adhesives market can be segmented into hygiene products, packaging, furniture, automotive, textile, footwear, bookbinding, electronics and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.

Report Coverage

Market

Polyurethane Hot Melt Adhesives Market

Analysis Period

2015 – 2025

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2025

Market Stratification

Type, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants:

Some of the major players in the global polyurethane hot melt adhesives market include 3M Company, Jowat AG, Arkema Group, Henkel AG & Co. KGaA, DIC Corp., Dow Chemicals, H.B. Fuller, Sika AG, Huntsman Corporation and Bostik among others.

Market Segmentation

Market By Type

o   Reactive Polyurethane Hot Melt Adhesives

o   Non-Reactive Polyurethane Hot Melt Adhesives

Market By Application

o   Hygiene Products

o   Packaging

o   Furniture

o   Automotive

o   Textile

o   Footwear

o   Bookbinding

o   Electronics

o   Others

Market By Geography

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


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