Market Overview:
The global PSA hot melt adhesive 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 hygiene products, rising demand for fiber optic cables, and growing use of geosynthetic textiles. In terms of type, the rubber-based segment is expected to lead the global PSA hot melt adhesive market during the forecast period. This can be attributed to its properties such as high adhesion and resistance to heat and chemicals. In terms of application, the hygiene product segment is projected to lead the global PSA hot melt adhesive market during 2018-2030 owing to its growing demand from end-use industries such as healthcare and food & beverage.
Product Definition:
PSA (pressure sensitive adhesive) hot melt adhesive is a thermoplastic resin that is applied as a liquid and then quickly solidifies upon contact with the substrates to which it is being bonded. It can be used in both manual and automated assembly processes, and provides strong, durable bonds between parts. PSA hot melt adhesives are particularly well-suited for use in high-speed manufacturing environments where consistent quality and reliability are critical.
Rubber Based:
Rubber-based PSA hot melt adhesive is a type of synthetic rubber that is produced from crude oil. It has high demand in various end-use industries such as automotive, construction, and packaging. Rubber based products are widely used across the packaging industry owing to its properties such as excellent elasticity and tensile strength along with resistance to extreme temperatures.
Bio Based:
Bio-based products are those derived from plant materials, animal waste or microorganisms. Bio based products include vegetable oils such as palm oil and sunflower oil, animal fats such as lard and tallow, microbial agents such as yeast and bacteria. The most commonly used bio based product in the PSA hot melt adhesive market is soy wax which is produced from soybean.
Application Insights:
Hygiene product application led the global PSA hot melt adhesive market and accounted for more than 45% of the overall revenue share in 2017. The demand is expected to be high as hygiene products are considered to be an essential product category in various end-use industries such as food & beverage, packaging, automotive and construction. Hygiene products include baby care items, feminine hygiene products and adult incontinence pads among others.
The label stock application segment is projected to witness significant growth over the forecast period owing to its rising use in several industries including pharmaceuticals, food & beverages and cosmetics among others. Label stock includes paper labels that are used on a wide range of consumer goods such as household appliances along with industrial goods such as computers among others.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global PSA hot melt adhesive market in 2017 owing to high product demand from packaging, hygiene products, label stock and others application segments. China is one of the major countries contributing towards growth in this region due to presence of numerous raw material suppliers coupled with low manufacturing cost as compared to other countries.
The growing population coupled with rising disposable income has resulted into increased consumption for personal care products such as cosmetics, skin cream, hair oil etc., which will drive product demand further. In addition, increasing foreign investments along with government support are driving industrial development leading to high demand from end-use industries such as electronics and automotive among others; thus propelling overall growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries: The global PSA hot melt adhesive market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Rising popularity of composites: The use of composites is increasing rapidly owing to their superior properties such as high strength-to-weight ratio and corrosion resistance. This is fueling the demand for PSA hot melt adhesive in the global market.
- Growing focus on lightweight vehicles: To reduce fuel consumption and emissions, automakers are increasingly focusing on lightweight vehicles. This is boosting the demand for PSA hot melt adhesive in the global market.
- Technological advancements: The development of new technologies that offer better performance and efficiency is propelling the growth of the global PSA hot melt adhesive market . For instance, 3M has developed a new technology called “NanoBlend” that offers improved bonding performance at lower temperatures compared to conventional adhesives . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
PSA Hot Melt Adhesive Market Research Report
By Type
Rubber Based, Bio Based
By Application
Hygiene Product, Label Stock, Fibre Optic Cable, Geosynthetic Textile, Others
By Companies
DuPont, Henkel, Eastman, Jowat, cph Deutschland Chemie, Buhnen, Evans Adhesive Corporation, Shanghai Jaour, Beardow Adams, Adtek, Meltavis
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global PSA Hot Melt Adhesive Market Report Segments:
The global PSA Hot Melt Adhesive market is segmented on the basis of:
Types
Rubber Based, Bio Based
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
Hygiene Product, Label Stock, Fibre Optic Cable, Geosynthetic Textile, 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:
- DuPont
- Henkel
- Eastman
- Jowat
- cph Deutschland Chemie
- Buhnen
- Evans Adhesive Corporation
- Shanghai Jaour
- Beardow Adams
- Adtek
- Meltavis
Highlights of The PSA Hot Melt Adhesive 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:
- Rubber Based
- Bio Based
- By Application:
- Hygiene Product
- Label Stock
- Fibre Optic Cable
- Geosynthetic Textile
- 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 PSA Hot Melt Adhesive 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?
PSA hot melt adhesive is a type of adhesive that is used to attach pieces of paper or other materials together. It is a hot, liquid adhesive that can be applied to most surfaces.
Some of the major companies in the psa hot melt adhesive market are DuPont, Henkel, Eastman, Jowat, cph Deutschland Chemie, Buhnen, Evans Adhesive Corporation, Shanghai Jaour, Beardow Adams, Adtek, Meltavis.
The psa hot melt adhesive 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 PSA Hot Melt Adhesive 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 PSA Hot Melt Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PSA Hot Melt Adhesive 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 PSA Hot Melt Adhesive 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 PSA Hot Melt Adhesive Market Size & Forecast, 2020-2028
4.5.1 PSA Hot Melt Adhesive Market Size and Y-o-Y Growth
4.5.2 PSA Hot Melt Adhesive 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 Rubber Based
5.2.2 Bio Based
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 Hygiene Product
6.2.2 Label Stock
6.2.3 Fibre Optic Cable
6.2.4 Geosynthetic Textile
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PSA Hot Melt Adhesive 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 PSA Hot Melt Adhesive 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 Rubber Based
9.6.2 Bio Based
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 Hygiene Product
9.10.2 Label Stock
9.10.3 Fibre Optic Cable
9.10.4 Geosynthetic Textile
9.10.5 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 Rubber Based
10.6.2 Bio Based
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 Hygiene Product
10.10.2 Label Stock
10.10.3 Fibre Optic Cable
10.10.4 Geosynthetic Textile
10.10.5 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 Rubber Based
11.6.2 Bio Based
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 Hygiene Product
11.10.2 Label Stock
11.10.3 Fibre Optic Cable
11.10.4 Geosynthetic Textile
11.10.5 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 Rubber Based
12.6.2 Bio Based
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 Hygiene Product
12.10.2 Label Stock
12.10.3 Fibre Optic Cable
12.10.4 Geosynthetic Textile
12.10.5 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 Rubber Based
13.6.2 Bio Based
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 Hygiene Product
13.10.2 Label Stock
13.10.3 Fibre Optic Cable
13.10.4 Geosynthetic Textile
13.10.5 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 PSA Hot Melt Adhesive Market: Competitive Dashboard
14.2 Global PSA Hot Melt Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Henkel
14.3.3 Eastman
14.3.4 Jowat
14.3.5 cph Deutschland Chemie
14.3.6 Buhnen
14.3.7 Evans Adhesive Corporation
14.3.8 Shanghai Jaour
14.3.9 Beardow Adams
14.3.10 Adtek
14.3.11 Meltavis
