Market Overview:
The global PA hot melt adhesive granule market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for adhesives from various end-use industries, such as shoes & textile, automotive, electrical, woodworking and others. In terms of type, black type is expected to hold a major share of the global PA hot melt adhesive granule market during the forecast period. However, amber type is projected to grow at a higher CAGR than black type over the forecast period owing to its properties such as high heat resistance and low shrinkage. In terms of application, shoes & textile is estimated to account for a major share of the global PA hot melt adhesive granule market in 2018. This can be attributed to rising demand for adhesives from footwear and apparel manufacturers across regions.
Product Definition:
PA Hot Melt Adhesive Granule is a resin material that can be melted and adhered to other materials using heat. It is often used in manufacturing, construction, and automotive applications.
Black Type:
Type 1 Black (BT1) is a special ink that was developed for the packaging industry. It has high resistance to solvents, acids and bases and is very difficult to wash off. BT1 has applications in labels, tapes & boxes, printing & labeling machines as well as offset printing inks.
Amber Type:
Amber type is a fossil resin and it's used in the production of hot melt adhesives. It has high heat resistance, viscosity, and electrical resistance. Amber type is also known as bitumen or petroleum pitch.
Application Insights:
The other application segment includes construction, furniture, footwear and textiles. The demand for the product in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to the increasing use of hot melt adhesives by major players in the industry such as 3M Company for bonding electronics components and panels.
The woodworking industry is also anticipated to witness significant growth over the forecast period on account of rising applications including flooring systems, cabinetry & case goods assembly and others. In addition, PAHMM are considered as ideal adhesive solutions due to their superior properties including high-temperature resistance (180°C), water resistance (for up to 24 hours) along with low odor & toxicity issues that may arise during production processes at global level which eventually drives market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, rising population, and increasing per capita income. China is one of the largest producers as well as consumers of polymers in this region. Increasing demand for shoes has led to an increase in footwear production across China, which has further propelled product demand across Asia Pacific.
The Middle East & Africa market was worth USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to growing construction activities coupled with automotive industry development initiatives undertaken by various governments aimed at reducing unemployment rates among skilled labor forces within their respective countries. These factors are anticipated to boost product consumption levels across MEA during the forecast period from 2018-2030 (forecast).
Growth Factors:
- Increasing demand from end-use industries: The global hot melt adhesive granule market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Rising investments in R&D: Key players in the market are investing heavily in R&D to develop new and innovative products that can cater to the changing needs of consumers. This is likely to boost the growth of the global hot melt adhesive granule market over the next few years.
- Growing popularity of green adhesives: There is a growing trend among consumers for using environmentally friendly products, which has led to an increase in demand for green adhesives such as hot melt adhesive granules. This is expected to drive growth of this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
PA Hot Melt Adhesive Granule Market Research Report
By Type
Black Type, Amber Type
By Application
Shoes & Textile, Automotive, Electrical, Woodworking, Other
By Companies
Henkel, Bostik, H.B. Fuller, 3M, Jowat, Evonik, Huntsman, Schaetti, Bühnen, Sipol, Henkel, XinXin-Adhesive, Shanghai Tianyang, Huate Bonding Material
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global PA Hot Melt Adhesive Granule Market Report Segments:
The global PA Hot Melt Adhesive Granule market is segmented on the basis of:
Types
Black Type, Amber Type
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
Shoes & Textile, Automotive, Electrical, Woodworking, Other
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
- Bostik
- H.B. Fuller
- 3M
- Jowat
- Evonik
- Huntsman
- Schaetti
- Bühnen
- Sipol
- Henkel
- XinXin-Adhesive
- Shanghai Tianyang
- Huate Bonding Material
Highlights of The PA Hot Melt Adhesive Granule 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:
- Black Type
- Amber Type
- By Application:
- Shoes & Textile
- Automotive
- Electrical
- Woodworking
- Other
- 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 PA Hot Melt Adhesive Granule 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
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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?
PA Hot Melt Adhesive Granule is a type of adhesive granules that are used in the production of hot melt adhesives. These adhesive granules are made up of small, round particles that are heated until they liquefy and then injected into a mold to create an adhesive.
Some of the key players operating in the pa hot melt adhesive granule market are Henkel, Bostik, H.B. Fuller, 3M, Jowat, Evonik, Huntsman, Schaetti, B¼hnen, Sipol, Henkel, XinXin-Adhesive, Shanghai Tianyang, Huate Bonding Material.
The pa hot melt adhesive granule 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 PA Hot Melt Adhesive Granule 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 PA Hot Melt Adhesive Granule Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PA Hot Melt Adhesive Granule 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 PA Hot Melt Adhesive Granule 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 PA Hot Melt Adhesive Granule Market Size & Forecast, 2020-2028
4.5.1 PA Hot Melt Adhesive Granule Market Size and Y-o-Y Growth
4.5.2 PA Hot Melt Adhesive Granule 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 Black Type
5.2.2 Amber Type
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 Shoes & Textile
6.2.2 Automotive
6.2.3 Electrical
6.2.4 Woodworking
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PA Hot Melt Adhesive Granule 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 PA Hot Melt Adhesive Granule 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 Black Type
9.6.2 Amber Type
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 Shoes & Textile
9.10.2 Automotive
9.10.3 Electrical
9.10.4 Woodworking
9.10.5 Other
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 Black Type
10.6.2 Amber Type
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 Shoes & Textile
10.10.2 Automotive
10.10.3 Electrical
10.10.4 Woodworking
10.10.5 Other
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 Black Type
11.6.2 Amber Type
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 Shoes & Textile
11.10.2 Automotive
11.10.3 Electrical
11.10.4 Woodworking
11.10.5 Other
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 Black Type
12.6.2 Amber Type
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 Shoes & Textile
12.10.2 Automotive
12.10.3 Electrical
12.10.4 Woodworking
12.10.5 Other
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 Black Type
13.6.2 Amber Type
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 Shoes & Textile
13.10.2 Automotive
13.10.3 Electrical
13.10.4 Woodworking
13.10.5 Other
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 PA Hot Melt Adhesive Granule Market: Competitive Dashboard
14.2 Global PA Hot Melt Adhesive Granule Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel
14.3.2 Bostik
14.3.3 H.B. Fuller
14.3.4 3M
14.3.5 Jowat
14.3.6 Evonik
14.3.7 Huntsman
14.3.8 Schaetti
14.3.9 Bühnen
14.3.10 Sipol
14.3.11 Henkel
14.3.12 XinXin-Adhesive
14.3.13 Shanghai Tianyang
14.3.14 Huate Bonding Material
