Market Overview:
The global hot melt equipment 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 hot melt equipment from various end-use industries, such as industrial, commercial, and household applications. In terms of type, the glue guns segment is expected to lead the global hot melt equipment market during the forecast period. This can be attributed to their low cost and easy operability as compared with other types of hot melt equipment.
Product Definition:
Hot melt equipment is a type of machinery used to produce hot melt adhesives. These adhesives are applied in liquid form and then quickly solidify, providing a strong bond between two surfaces. Hot melt equipment is important because it allows companies to manufacture their own hot melt adhesives, which can save them money and allow them greater flexibility in terms of adhesive formulation.
Glue Guns:
Glue guns are used in the adhesion of materials such as paper, plastic films, and fabrics. The glue gun has a reservoir that is filled with hot melt adhesive which can be attached to various surfaces. It also has an applicator that comes with different types of nozzles for wide range applications. Glue guns have gained popularity due to its ease of use and flexibility in application areas along with low cost compared to other hot-melt equipment available in the market today.
Benchtop Hot-melt Equipment:
Benchtop hot-melt equipment is used to apply the heat necessary for the solidification of adhesive materials. It consists of a base, which holds and heats the material, an applicator stick and a power cord among other components. The product has gained popularity owing to its ability to provide even heating surface across large areas with low labor investment.
The global benchtop hot-melt equipment market size was valued at USD 1,48,867 in 2015.
Application Insights:
The global hot melt equipment market is segmented on the basis of application into industrial, commercial and household. The industrial segment held a major share in 2017 owing to increasing demand for adhesives from various industries such as construction, automotive, packaging and electronics. In addition, the rising need for assembly lines with high production rates is expected to drive industry growth over the forecast period.
The household sector is anticipated to witness significant growth over the forecast period due to rapid urbanization coupled with an increase in disposable income among emerging middle-class population groups across developing countries including China India and Brazil. Rapidly expanding housing infrastructure in these economies on account of supportive government policies are further expected to boost industry expansion over the next few years.
Regional Analysis:
Asia Pacific dominated the global hot-melt equipment market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising population, rapid urbanization coupled with growing infrastructure activities. China and India are among the largest countries having huge potential for industry expansion owing to their large manufacturing base as well as consumer markets.
The demand for hot-melt adhesives in Europe is expected to grow at a moderate pace over the next eight years due to stringent regulations regarding VOC emissions from glues used in construction and automotive industries coupled with ban on single-use plastics across 28 nations of European Union (EU). However, positive outlook towards end use industries such as packaging & labeling; medical devices; transportation & storage may provide a boost towards growth during second half of the forecast period.
Growth Factors:
- Increasing demand for adhesive products in end-use industries
- Growing trend of miniaturization and lightweighting in the electronics industry
- Rising demand from the packaging industry
- Proliferation of new applications for adhesives across a range of industries
- Technological advancements that improve equipment efficiency and performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Melt Equipment Market Research Report
By Type
Glue Guns, Benchtop Hot-melt Equipment
By Application
Industrial, Commercial, Household
By Companies
Nordson, Robatech, Graco, Glue Machinery, Astro Packaging, Shenzhen KAMIS, ITW Dynatec, Valco Melton, Shenzhen Nuosheng, Reka Klebetechnik, Nordson, Adhesive Dispensing, Glue Dots International, ADTECH, SUREBONDER
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Hot Melt Equipment Market Report Segments:
The global Hot Melt Equipment market is segmented on the basis of:
Types
Glue Guns, Benchtop Hot-melt Equipment
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
Industrial, Commercial, Household
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:
- Nordson
- Robatech
- Graco
- Glue Machinery
- Astro Packaging
- Shenzhen KAMIS
- ITW Dynatec
- Valco Melton
- Shenzhen Nuosheng
- Reka Klebetechnik
- Nordson
- Adhesive Dispensing
- Glue Dots International
- ADTECH
- SUREBONDER
Highlights of The Hot Melt Equipment 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:
- Glue Guns
- Benchtop Hot-melt Equipment
- By Application:
- Industrial
- Commercial
- Household
- 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 Equipment 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 equipment is a type of machinery used to apply a molten metal, such as aluminum or steel, to various substrates. The equipment includes a furnace and an applicator that applies the molten metal in liquid form.
Some of the major companies in the hot melt equipment market are Nordson, Robatech, Graco, Glue Machinery, Astro Packaging, Shenzhen KAMIS, ITW Dynatec, Valco Melton, Shenzhen Nuosheng, Reka Klebetechnik, Nordson, Adhesive Dispensing, Glue Dots International, ADTECH, SUREBONDER.
The hot melt equipment 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 Equipment 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 Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Melt Equipment 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 Equipment 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 Equipment Market Size & Forecast, 2018-2028
4.5.1 Hot Melt Equipment Market Size and Y-o-Y Growth
4.5.2 Hot Melt Equipment Market Absolute $ Opportunity
Chapter 5 Global Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Type
5.2.1 Glue Guns
5.2.2 Benchtop Hot-melt Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Melt Equipment 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 Equipment 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 Hot Melt Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Type
9.6.1 Glue Guns
9.6.2 Benchtop Hot-melt Equipment
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 Hot Melt Equipment Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Household
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 Hot Melt Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Type
10.6.1 Glue Guns
10.6.2 Benchtop Hot-melt Equipment
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 Hot Melt Equipment Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Household
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 Hot Melt Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Type
11.6.1 Glue Guns
11.6.2 Benchtop Hot-melt Equipment
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 Hot Melt Equipment Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Household
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 Hot Melt Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Hot Melt Equipment 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 Hot Melt Equipment Market Size Forecast by Type
12.6.1 Glue Guns
12.6.2 Benchtop Hot-melt Equipment
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 Hot Melt Equipment Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Household
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) Hot Melt Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hot Melt Equipment 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) Hot Melt Equipment Market Size Forecast by Type
13.6.1 Glue Guns
13.6.2 Benchtop Hot-melt Equipment
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) Hot Melt Equipment Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Household
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 Equipment Market: Competitive Dashboard
14.2 Global Hot Melt Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordson
14.3.2 Robatech
14.3.3 Graco
14.3.4 Glue Machinery
14.3.5 Astro Packaging
14.3.6 Shenzhen KAMIS
14.3.7 ITW Dynatec
14.3.8 Valco Melton
14.3.9 Shenzhen Nuosheng
14.3.10 Reka Klebetechnik
14.3.11 Nordson
14.3.12 Adhesive Dispensing
14.3.13 Glue Dots International
14.3.14 ADTECH
14.3.15 SUREBONDER
