북미의 핫멜트 접착제 시장 예측(-2030년) : 지역별 분석 - 제품 유형별, 유형별, 용도별

The North America hot melt adhesives market was valued at US$ 1,958.66 million in 2022 and is expected to reach US$ 3,012.90 million by 2030; it is estimated to register a CAGR of 5.5% from 2022 to 2030.

Adoption of Bio-Based Hot-Melt Adhesives Fuels North America Hot Melt Adhesives Market

Hot melt adhesives are now used in several end-use industries; however, people demand bio-based and compostable hot melt adhesives that are environmentally friendly. Henkel has developed biobased hot melt adhesives technology, particularly suited for sustainability and circular economy uses. This development is mainly focused on reducing dependency on petroleum-based raw materials and diminishing the carbon footprint of different manufacturing operations. As one of the developers of these biobased hot melt adhesives chemistries, Henkel is looking to improve the way companies enhance their sustainable packaging initiatives. Ethylene vinyl acetate is used in biobased hot melt adhesives due to their eco-friendly & reliable nature. Using biobased and compostable hot melt adhesives, landfills can be saved to a larger extent. Jowatherm GROW is further providing hot melt adhesives based on renewable raw materials. The modern hot melt adhesives offered by the company are made up of bio-based materials and are recyclable. The company also follows German Packaging Law. Furthermore, the high content of renewable raw materials makes these adhesives environment friendly. The lower processing temperature also facilitates a significant amount of reduction of energy consumption, hence, helping in the conservation of resources as well as optimization of the working environment. In August 2019, Jowat announced the launch of its new Jowatherm GROW product range for use in packaging, prepared with bio-based hot melts for environmentally compatible bonding. According to Jowat, these products feature high renewable raw materials content, which will further offer high efficiency of working. Only resins prepared from crude liquid rosin are reportedly utilized in the adhesives' formulation.

North America Hot Melt Adhesives Market Overview

The US, Canada, and Mexico are the major contributors to the hot melt adhesives market in North America. Hot melt adhesives manufacturing companies located in this region are continuously enhancing their overall business processes to cater to the demand of customers in the best possible way. Most of the domestic and international companies, such as H.B. Fuller Company, Henkel AG and Company KGAA, Arkema, 3M, and Hexcel Corporation, have a strong foothold in North America. Several raw material providers, distributors, and suppliers assist in the smooth delivery of products. Polyurethanes are highly utilized as one of the Hot melt adhesives types in this region in applications such as construction, electronics, trailer truck panel bonding, office furniture bonding, and medical devices. Hot melt adhesives can easily bond to several materials as well as surfaces, including ceramic, cardboard, metal, fabric, papers, and plastics, which makes them suitable options for do-it-yourself (DIY) applications. Moreover, the DIY application of hot melt adhesives is popular in North America. Hot melt adhesives are used in the stick form in DIY applications such as craft, general goods packaging, and woodworking. Hot melt adhesive guns are convenient to use and are easily available. These glue sticks are also used in the creation and finishing of synthetic fabrics. They are further used in polymer processing and textile converting in cars, home furnishing, carpeting, and other textile-based applications. Hot melt adhesives are also used in food packaging, printing, and publishing, consumer goods packaging, electronic products, textiles, and building and construction industries in North America. In food packaging applications, hot melt glue sticks are popularly used for sealing the box tops since they are free from volatile organic compounds (VOCs) that can compromise the quality of food products by creating a foul odor. Hot melt adhesives are also a popular choice in agricultural product packaging. These adhesives have versatile applications, as they perform well in hot climates, and their special freezer-grade variants are available for closing cartons of frozen food products.

3M is a major market player in the hot melt adhesives market in North America. It offers 3M Hot Melt Adhesive System, an environmentally friendly, virtually odorless bonding solution that improves productivity as well as aesthetics while minimizing waste. 3M Hot Melt Adhesives can harden and reach the desired bond strength within seconds to deliver speed in the production and packaging operations. These adhesives can be used with materials such as foams, fabrics, plastics, corrugated cardboard, particle board, and light-gauge metals. 3M Hot Melt Adhesive Systems delivers the combination of applicators, adhesives, also accessories needed for fast, convenient, and long-lasting binding. 3M offers hot melt adhesive sticks and bulk products, hot melt applicators, sprayable hot melt adhesives, and hot melt accessories in the North American market. These products are utilized in furniture and woodworking, transportation and electrical, packaging, corrugated carton sealing, product assembly, point-of-purchase, displays, and trade exhibits.

North America Hot Melt Adhesives Market Revenue and Forecast to 2030 (US$ Million)

North America Hot Melt Adhesives Market Segmentation

The North America hot melt adhesives market is categorized into product type, type, application, and country.

Based on product type, the North America hot melt adhesives market is segmented into glue sticks, glue slugs, and others. The glue sticks segment held the largest market share in 2022.

In terms of type, the North America hot melt adhesives market is segmented into ethylene vinyl acetate, polyolefins, polyamides, polyurethanes, styrene block copolymers, and other. The ethylene vinyl acetate segment held the largest share of North America hot melt adhesives market in 2022.

By application, the North America hot melt adhesives market is divided into packaging, construction, automotive, furniture, footwear, electronics, and others. The packaging segment held the largest share of North America hot melt adhesives market in 2022.

Based on country, the North America hot melt adhesives market is categorized into the US, Canada, and Mexico. The US dominated the North America hot melt adhesives market share in 2022.

H.B. Fuller Company; Henkel AG & COMPANY, KGAA; Arkema; 3M; Sika AG; Jowat SE; Hexcel Corporation; The Dow Chemical Company; Beardow Adams; Gorilla Glue Company; and Adhesive Technologies, Inc. are some of the leading companies operating in the North America Hot Melt Adhesives market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Hot Melt Adhesives Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Intensity of Competitive Rivalry
  • 4.2.5 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End Use
• 4.4 List of Vendors in the Value Chain:

5. North America Hot Melt Adhesives Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Growing Applications in Several End-Use Industries
  • 5.1.2 Changing Trend from Solvent Adhesive to Hot Melt Adhesive
• 5.2 Market Restraints
  • 5.2.1 Low Thermal Resistance
• 5.3 Market Opportunities
  • 5.3.1 Rising Utilization of Hot Melt Adhesives in Road Marking
• 5.4 Future Trends
  • 5.4.1 Adoption of Bio-Based Hot-Melt Adhesives
• 5.5 Impact Analysis

6. Hot Melt Adhesives Market - North America Market Analysis

• 6.1 Hot Melt Adhesives Market Revenue (US$ Million)
• 6.2 Hot Melt Adhesives Market Forecast and Analysis

7. North America Hot Melt Adhesives Market Analysis - By Product Type

• 7.1 Glue Sticks
  • 7.1.1 Overview
  • 7.1.2 Glue Sticks Market Revenue and Forecast to 2030 (US$ Million)
• 7.2 Glue Slugs
  • 7.2.1 Overview
  • 7.2.2 Glue Slugs Market Revenue and Forecast to 2030 (US$ Million)
• 7.3 Others
  • 7.3.1 Overview
  • 7.3.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. North America Hot Melt Adhesives Market Analysis - By Type

• 8.1 Ethylene Vinyl Acetate
  • 8.1.1 Overview
  • 8.1.2 Ethylene Vinyl Acetate Market Revenue and Forecast to 2030 (US$ Million)
• 8.2 Polyolefins
  • 8.2.1 Overview
  • 8.2.2 Polyolefins Market Revenue and Forecast to 2030 (US$ Million)
• 8.3 Polyamides
  • 8.3.1 Overview
  • 8.3.2 Polyamides Market Revenue and Forecast to 2030 (US$ Million)
• 8.4 Polyurethanes
  • 8.4.1 Overview
  • 8.4.2 Polyurethanes Market Revenue and Forecast to 2030 (US$ Million)
• 8.5 Styrene Block Copolymers
  • 8.5.1 Overview
  • 8.5.2 Styrene Block Copolymers Market Revenue and Forecast to 2030 (US$ Million)
• 8.6 Others
  • 8.6.1 Overview
  • 8.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. North America Hot Melt Adhesives Market Analysis - By Application

• 9.1 Packaging
  • 9.1.1 Overview
  • 9.1.2 Packaging Market Revenue and Forecast to 2030 (US$ Million)
• 9.2 Construction
  • 9.2.1 Overview
  • 9.2.2 Construction Market Revenue and Forecast to 2030 (US$ Million)
• 9.3 Automotive
  • 9.3.1 Overview
  • 9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
• 9.4 Furniture
  • 9.4.1 Overview
  • 9.4.2 Furniture Market Revenue and Forecast to 2030 (US$ Million)
• 9.5 Footwear
  • 9.5.1 Overview
  • 9.5.2 Footwear Market Revenue and Forecast to 2030 (US$ Million)
• 9.6 Electronics
  • 9.6.1 Overview
  • 9.6.2 Electronics Market Revenue and Forecast to 2030 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. North America Hot Melt Adhesives Market - Country Analysis

• 10.1 North America Market Overview
  • 10.1.1 North America Hot Melt Adhesives Market, By Key Country - Revenue 2022 (US$ Million)
  • 10.1.2 North America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries
    • 10.1.2.1 North America Hot Melt Adhesives Market Breakdown by Country
    • 10.1.2.2 US Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.2.1 US Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.2.2 US Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.2.3 US Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.3 Canada Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.3.1 Canada Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.3.2 Canada Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.3.3 Canada Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.4 Mexico Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.4.1 Mexico Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.4.2 Mexico Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.4.3 Mexico Hot Melt Adhesives Market Breakdown by Application

11. Industry Landscape

• 11.1 Overview
• 11.2 Mergers & acquisition
• 11.3 Product Launch
• 11.4 Collaboration

12. Company Profiles

• 12.1 H.B. Fuller Company
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Henkel AG & COMPANY, KGAA
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Arkema
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 3M
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Sika AG
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 Jowat SE
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Hexcel Corporation
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 The Dow Chemical Company
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Beardow Adams
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 Adhesive Technologies, Inc.
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments
• 12.11 Gorilla Glue Company
  • 12.11.1 Key Facts
  • 12.11.2 Business Description
  • 12.11.3 Products and Services
  • 12.11.4 Financial Overview
  • 12.11.5 SWOT Analysis
  • 12.11.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners
• 13.2 Glossary