Hot Melt Adhesives Market grow up to $7 Billion by 2018

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MarketsandMarkets Presents
Hot Melt Adhesives Market Forecast up to 7
Billion by 2018
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The report Hot Melt Adhesives Market by
Products (EVA, Styrenic Block, Polyolefin,
Polyurethane, Others), By Applications
(Packaging, Non-Woven, Pressure Sensitive,
Construction, Bookbinding, Others), by
Geography - Global Trends Forecasts to 2018
defines and segments the global hot melt
adhesives market with analysis and forecasts of
global volumes and revenues. It also identifies
driving and restraining factors for the global
hot melt adhesives market with an analysis of
trends, opportunities, burning issues, and
challenges. Browse gtgt 118
data tables 29 figures
265 pages and in-depth TOC on Hot
Melt Adhesives Market  http//www.marketsandmar
kets.com/Market-Reports/hot-melt-adhesives-market-
1088.html Early buyers will receive 10
customization of reports.
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Market Outlook The ever-increasing need for
high performance adhesives across modern
applications drives the growth of hot melt
adhesives. Further, the technological advancement
in production capabilities and enhancing
properties of hot melt adhesives will fuel the
growth to a higher rate. Hot melt adhesives are
solvent-free, solid compounds that have
negligible or no VOC (volatile organic compound)
compared to solvent-based adhesives. The
stringent regulations of EPA (Environment
Protection Agency) and REACH (Registration,
Evaluation, Authorization, and Restriction of
Chemicals) in the U.S. and Europe leads the
adhesive industry towards a shift of technology
from solvent-based adhesives to hot melt
adhesives.
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The market for hot melt adhesives is driven by
changing trends in various end-user segments such
as packaging, non-woven, pressure sensitive
applications, etc. This also results in the
development of newer and improved application and
performance properties. The major hurdle, which
is currently to inhibit the growth of the market,
is volatility in the prices of raw materials used
to manufacture hot melt adhesives. Asia-Pacific
The Fastest Growing Market The industry is
witnessing high growth on an account of growing
demand in the Asia-Pacific region. China is the
biggest consumer of hot melt adhesives due to
rapid industrialization and infrastructure
growth. Japan, South Korea, and Taiwan have high
per capita consumption of hot melt adhesives,
which is why they are expected to grow at a
moderate CAGR. The packaging, non-woven, and
pressure sensitive industries grow at a high rate
in China and India, which drives the demand for
hot melt adhesives. There is low control on the
consumption of high VOC adhesives in China and
India, due to the absence of related government
policies.
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Winning Imperatives Market players are keen to
expand their product portfolio and offer it to
consumers at competitive prices. The major market
players are focusing on RD activities to
innovate products under the regulations of EPA
and REACH. Other development strategies opted by
market players include signing agreements and
collaborations to optimize their distribution
chain in growing economies. Key participants in
the hot melt adhesives market are Avery Dennison
Corporation (U.S.), Beardow Adams (Adhesive)
Ltd (U.K.), Henkel AG (Germany), H. B. Fuller
(U.S.), Sika AG (Switzerland), Dow Corning
Corporation (U.S.), and other market participants.
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