Market Overview:
The global hot melt adhesive for packaging market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for packaged food and beverages, rising disposable income, and growing urbanization. In terms of type, EVA HMA is expected to lead the global hot melt adhesive for packaging market during the forecast period. This can be attributed to its properties such as high bonding strength, water resistance, and heat resistance. In terms of application, case & carton is expected to lead the global hot melt adhesive for packaging market during the forecast period.
Product Definition:
Hot melt adhesive is a thermoplastic adhesive that is applied in liquid form and then solidifies upon cooling. It is commonly used for packaging applications, as it can create a strong bond between various materials.
EVA HMA:
EVA HMA is a kind of hot melt adhesive used for packaging. It has the ability to bond on both smooth and rough surfaces. The product is widely used in food packaging applications such as cartons, trays, lids and clamshells among others owing to its excellent adhesion properties along with high mechanical strength and low environmental impact.
SBC HMA:
SBC HMA is a special type of silicone-based adhesive that is used in hot melt packaging. It has the ability to adhere to both smooth and rough surfaces. SBC HMA offers adhesion properties on account of its high molecular weight, which makes it an ideal choice for hot-melt applications as it provides excellent bonding strength.
Application Insights:
Hot melt adhesive is used for packaging various products including electronics, food and beverages, medical devices, personal care products, paper and pulp. Other applications include metalworking fluids and adhesives in the construction industry. The case & carton application segment accounted for a revenue share of over 30% in 2017 owing to increasing demand from the pharmaceutical industry.
The plastic packaging application segment is expected to witness significant growth over the forecast period owing to rising demand from FMCG companies for their product range which includes consumer packaged goods (CPGs). The other applications such as metal working fluids & adhesives are also expected to witness considerable growth on account of increasing industrialization especially in developing countries like India and China. However, Europe Hot Melt Adhesive market dominated by case & carton followed by plastic packaging due to high consumption rates coupled with excellent quality standards are driving factors behind higher penetration rate observed at present time.
Regional Analysis:
Asia Pacific dominated the global hot melt adhesive for packaging market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing industrialization and rising living standards of consumers coupled with growing penetration of organized retail chains in emerging economies such as China and India.
China is one of the major producers and exporters of corrugated boxes, which has significantly driven demand for HMA products in this country. Furthermore, rapid urbanization along with expanding population has resulted in an increased demand for food & beverages that will be consumed on-the-go, thus driving product adoption across various industries including plastic packaging and case & carton industry among others.
The European market growth can be attributed to stringent regulations regarding waste management coupled with EU directives pertaining to reduction or prevention of pollution caused during production processes or disposal methods used by manufacturers/suppliers/handlers etc.
Growth Factors:
- Increasing demand from end-use industries such as food, beverage, and personal care products packaging
- Rising demand for sustainable and environment-friendly adhesive solutions
- Growing popularity of hot melt adhesives over traditional adhesives
- Technological advancements in hot melt adhesive formulations
- Rising investments in research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Melt Adhesive for Packaging Market Research Report
By Type
EVA HMA, SBC HMA, PA HMA, Others
By Application
Case & Carton, Plastic Packaging, Line Packaging, Others
By Companies
Henkel, H. B. Fuller, M, Bostik, Jowat, Sika, Avery Dennison, Tex Year Industries, Nan Pao, Paramelt, Star Bond, Intercol, Meridian Adhesives Group, Beardow Adams, Yasuhara Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Hot Melt Adhesive for Packaging Market Report Segments:
The global Hot Melt Adhesive for Packaging market is segmented on the basis of:
Types
EVA HMA, SBC HMA, PA HMA, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Case & Carton, Plastic Packaging, Line Packaging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- H. B. Fuller
- M
- Bostik
- Jowat
- Sika
- Avery Dennison
- Tex Year Industries
- Nan Pao
- Paramelt
- Star Bond
- Intercol
- Meridian Adhesives Group
- Beardow Adams
- Yasuhara Chemical
Highlights of The Hot Melt Adhesive for Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EVA HMA
- SBC HMA
- PA HMA
- Others
- By Application:
- Case & Carton
- Plastic Packaging
- Line Packaging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Melt Adhesive for Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hot melt adhesive is a type of adhesive that melts at a higher temperature than traditional adhesives. This allows it to be used in applications where other adhesives would not be safe, such as around electrical wires and components.
Some of the major companies in the hot melt adhesive for packaging market are Henkel, H. B. Fuller, M, Bostik, Jowat, Sika, Avery Dennison, Tex Year Industries, Nan Pao, Paramelt, Star Bond, Intercol, Meridian Adhesives Group, Beardow Adams, Yasuhara Chemical.
The hot melt adhesive for packaging market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Melt Adhesive for Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Melt Adhesive for Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Melt Adhesive for Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Melt Adhesive for Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Melt Adhesive for Packaging Market Size & Forecast, 2020-2028
4.5.1 Hot Melt Adhesive for Packaging Market Size and Y-o-Y Growth
4.5.2 Hot Melt Adhesive for Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 EVA HMA
5.2.2 SBC HMA
5.2.3 PA HMA
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Case & Carton
6.2.2 Plastic Packaging
6.2.3 Line Packaging
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Melt Adhesive for Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Melt Adhesive for Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 EVA HMA
9.6.2 SBC HMA
9.6.3 PA HMA
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Case & Carton
9.10.2 Plastic Packaging
9.10.3 Line Packaging
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 EVA HMA
10.6.2 SBC HMA
10.6.3 PA HMA
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Case & Carton
10.10.2 Plastic Packaging
10.10.3 Line Packaging
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 EVA HMA
11.6.2 SBC HMA
11.6.3 PA HMA
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Case & Carton
11.10.2 Plastic Packaging
11.10.3 Line Packaging
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 EVA HMA
12.6.2 SBC HMA
12.6.3 PA HMA
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Case & Carton
12.10.2 Plastic Packaging
12.10.3 Line Packaging
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 EVA HMA
13.6.2 SBC HMA
13.6.3 PA HMA
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Case & Carton
13.10.2 Plastic Packaging
13.10.3 Line Packaging
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Melt Adhesive for Packaging Market: Competitive Dashboard
14.2 Global Hot Melt Adhesive for Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 H. B. Fuller
14.3.3 M
14.3.4 Bostik
14.3.5 Jowat
14.3.6 Sika
14.3.7 Avery Dennison
14.3.8 Tex Year Industries
14.3.9 Nan Pao
14.3.10 Paramelt
14.3.11 Star Bond
14.3.12 Intercol
14.3.13 Meridian Adhesives Group
14.3.14 Beardow Adams
14.3.15 Yasuhara Chemical
