Hot melt adhesives serves as a popular choice for many applications. It is easy to use with an increased throughput and capable of meeting production demands. Substantial use of hot melt adhesives enable sustainable initiatives.
Hot melt adhesive rheology is the study of flow of materials and for hot melt adhesives, rheology plays an important function in determining the functionality for a specific application. It reveals the functionality of how the adhesive flows and sticks to a substrate. Generally, viscosity, modulus and adhesive elasticity pertain to its rheology.
The market is significantly driven by versatility and added features offered on using hot melt adhesives in industrial domain. Cost effectiveness is another feature led by hot met adhesives. However, price volatility, cheap substitutes and low awareness affects the market growth in the near future.
Application categories for hot melt adhesives market include packaging solutions, nonwoven hygiene products, woodwork & furniture. Under product categories, the hot melt adhesives market include ethylene vinyl acetate, polyamide, polyurethane, styrene block copolymers and metallocene.
End-use category for hot melt adhesives market is all inclusive of non-woven, paper binding, furniture, electronics and book binding. Paper binding, furniture and book binding lead the segmental growth owing to increase in construction activities and substantial growth in the international market.
Asia-Pacific sector is a booming market for hot melt adhesives owing to rise in construction activities and inflated demands for packaging and rise in trading activities. Middle East and African regions have a remarkable share in the international market due to high demands for hot melt adhesives in the upcoming years. North America and Europe market have a substantial share in the international market as the market accounts for one-third of the global market.
Prominent players in the hot melt adhesives market include H.B. Fuller, Hexcel Corp, Dow Corning Corp, Heartland Adhesives, Sika AG, Bostik Inc, Avery Denninson Corp, Toyobo Co Ltd and 3M Co.