“Reactive Hot Melt Adhesives Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on reactive hot melt adhesives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for reactive hot melt adhesives? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The reactive hot melt adhesives market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: High Temperature; Low Temperature
- 2) By Substrate: Plastic; Wood; Other Substrates
- 3) By Resin Type: Polyurethane; Polyolefin
- 4) By Application: Automotive and Transportation; Doors and Windows; Upholstery; Lamination; Textile; Assembly
- Companies Mentioned: Henkel AG & Co. KGaA; H.B. Fuller Company; 3M Company; Jowat SE; Avery Dennison
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the reactive hot melt adhesives market are Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, Jowat SE, Avery Dennison, DOW Corning, Kleiberit, Tex Year Industries, Nan Pao Resins Chemical Co. Ltd., Beardow & Adams, Novamelt GmbH Klebstofftechnologie, and Bostik Inc.
The global reactive hot melt adhesives market is expected to grow from $1.16 billion in 2022 to $1.27 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The reactive hot melt adhesives market is expected to grow to $1.75 billion in 2027 at a CAGR of 8.4%.
The reactive hot-melt adhesives market consist of sales of ethylene-vinyl acetate (EVA) and polyolefin, or metallocene reactive hot-melt adhesives. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Reactive hot melt adhesive is a type of adhesive that forms a bond by reacting with the surface of the material being adhered to. It is important because it can create a strong, durable bond even under extreme conditions.
Asia-Pacific was the largest region in the reactive hot melt adhesives market in 2022. The regions covered in the reactive hot melt adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of reactive hot melt adhesives are high temperature and low temperature. A high temperature is described as 38 degrees Celsius or higher which is used in the reactive hot melt adhesives in doing melt or reflow of the thermoplastic. The substrate involved are plastic, wood, and others. The resin types involved are polyurethane, and polyolefin which are used for automotive and transportation, doors and windows, upholstery, lamination, textile, and assembly applications.
The rise in demand in the packaging industry is expected to propel the demand for the reactive hot melt adhesives market going forward. Packaging refers to enclosing or covering a product with a container to aid in its distribution, identification, storage, promotion, and usage. The packaging industry is involved in the packaging of goods for their manufacturers. The hot-melt adhesives sector has a diverse set of criteria to meet the ever-changing needs of the packaging industry with strong and durable packaging solutions. For instance, according to Smithers, a UK-based provider of testing, consulting, information, and certification services, demand for the global packaging sector will reach $1.05 trillion by 2024. Furthermore, according to the Indian Institute of Packaging (IIP), an India-based autonomous body that was set up by the packaging and allied industries and the Ministry of Commerce, Packaging consumption in India has increased 200% in the past decade, rising from 4.3 kg per person per annum (pppa) to 8.6 kg pppa as on FY20. Therefore, the rise in demand in the packaging industry is driving the demand for reactive hot melt adhesives.
Technological advancements have emerged as a key trend gaining popularity in the reactive hot melt adhesives market. Major companies operating in the reactive hot melt adhesives market are focused on innovating new technologies to sustain their position in the market. For instance, in February 2021, Henkel AG & Co., a Germany-based company that is into chemical and consumer goods industries launched Technomelt Supra ECO. This technology involved in this new hot melt adhesive range provides higher sustainability and fewer CO2 emissions while maintaining the Supra range's performance. As a result, the new ECO materials provide the same adhesion, set and open time, and heat resistance capabilities as the previous Technomelt Supra range while also providing a sustainable and low-carbon option for consumer goods and packaging.
In February 2022, Arkema, a France-based specialty chemicals and advanced materials company acquired Shanghai Zhiguan Polymer Materials (PMP) for an undisclosed amount. Through this acquisition, Arkema aims to build a strong position in the attractive engineering adhesives market and accelerate its development in the fast-growing electronics market in Asia. Shanghai Zhiguan Polymer Materials (PMP) is a China-based company that specializes in hot-melt adhesives for the consumer electronics market.
The countries covered in the reactive hot melt adhesives market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The reactive hot melt adhesives market research report is one of a series of new reports from The Business Research Company that provides reactive hot melt adhesives market statistics, including reactive hot melt adhesives industry global market size, regional shares, competitors with reactive hot melt adhesives market share, detailed reactive hot melt adhesives market segments, market trends, and opportunities, and any further data you may need to thrive in the reactive hot melt adhesives industry. This reactive hot melt adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Reactive Hot Melt Adhesives Market Characteristics
3. Reactive Hot Melt Adhesives Market Trends And Strategies
4. Reactive Hot Melt Adhesives Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Reactive Hot Melt Adhesives Market
- 4.2. Ukraine-Russia War Impact On Reactive Hot Melt Adhesives Market
- 4.3. Impact Of High Inflation On Reactive Hot Melt Adhesives Market
5. Reactive Hot Melt Adhesives Market Size And Growth
- 5.1. Global Reactive Hot Melt Adhesives Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Reactive Hot Melt Adhesives Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Reactive Hot Melt Adhesives Market Segmentation
- 6.1. Global Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- High Temperature
- Low Temperature
- 6.2. Global Reactive Hot Melt Adhesives Market, Segmentation By Substrate, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Plastic
- Wood
- Other Substrates
- 6.3. Global Reactive Hot Melt Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Polyurethane
- Polyolefin
- 6.4. Global Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Automotive And Transportation
- Doors And Windows
- Upholstery
- Lamination
- Textile
- Assembly
7. Reactive Hot Melt Adhesives Market Regional And Country Analysis
- 7.1. Global Reactive Hot Melt Adhesives Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Reactive Hot Melt Adhesives Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Reactive Hot Melt Adhesives Market
- 8.1. Asia-Pacific Reactive Hot Melt Adhesives Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Reactive Hot Melt Adhesives Market
- 9.1. China Reactive Hot Melt Adhesives Market Overview
- 9.2. China Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Reactive Hot Melt Adhesives Market
- 10.1. India Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Reactive Hot Melt Adhesives Market
- 11.1. Japan Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Reactive Hot Melt Adhesives Market
- 12.1. Australia Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Reactive Hot Melt Adhesives Market
- 13.1. Indonesia Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Reactive Hot Melt Adhesives Market
- 14.1. South Korea Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Reactive Hot Melt Adhesives Market
- 15.1. Western Europe Reactive Hot Melt Adhesives Market Overview
- 15.2. Western Europe Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Reactive Hot Melt Adhesives Market
- 16.1. UK Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Reactive Hot Melt Adhesives Market
- 17.1. Germany Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Reactive Hot Melt Adhesives Market
- 18.1. France Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Reactive Hot Melt Adhesives Market
- 19.1. Eastern Europe Reactive Hot Melt Adhesives Market Overview
- 19.2. Eastern Europe Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Reactive Hot Melt Adhesives Market
- 20.1. Russia Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Reactive Hot Melt Adhesives Market
- 21.1. North America Reactive Hot Melt Adhesives Market Overview
- 21.2. North America Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Reactive Hot Melt Adhesives Market
- 22.1. USA Reactive Hot Melt Adhesives Market Overview
- 22.2. USA Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Reactive Hot Melt Adhesives Market
- 23.1. South America Reactive Hot Melt Adhesives Market Overview
- 23.2. South America Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Reactive Hot Melt Adhesives Market
- 24.1. Brazil Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Reactive Hot Melt Adhesives Market
- 25.1. Middle East Reactive Hot Melt Adhesives Market Overview
- 25.2. Middle East Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Reactive Hot Melt Adhesives Market
- 26.1. Africa Reactive Hot Melt Adhesives Market Overview
- 26.2. Africa Reactive Hot Melt Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Reactive Hot Melt Adhesives Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Reactive Hot Melt Adhesives Market Competitive Landscape And Company Profiles
- 27.1. Reactive Hot Melt Adhesives Market Competitive Landscape
- 27.2. Reactive Hot Melt Adhesives Market Company Profiles
- 27.2.1. Henkel AG & Co. KGaA
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. H.B. Fuller Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. 3M Company
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Jowat SE
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Avery Dennison
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Reactive Hot Melt Adhesives Market
29. Reactive Hot Melt Adhesives Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer