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

The Europe hot melt adhesives market was valued at US$ 1,655.42 million in 2022 and is expected to reach US$ 2,482.63 million by 2030; it is estimated to register a CAGR of 5.2% from 2022 to 2030 .

Rising Utilization of Hot Melt Adhesives in Road Marking Drives Europe Hot Melt Adhesives Market

The use of hot melt adhesives in construction possesses certain advantages over other typical adhesives like solvent-based adhesives. These benefits are the ability to bind different substrates together and a high flexibility. Hot melt adhesives used for road marking are a proprietary & innovative technology and an application process that creates a retro-reflective marking effect on bitumen base roads or concrete surfaces to offer safe night driving. The utilization of polybutene in hot melt adhesives benefits thermoplastic road marking paints since it dries fast with strong adhesion to the road surface. Polybutene further offers good UV and thermal resistance, which helps to reduce the brittle point and modify the softening point, along with an increase in the total hardness of the finishing road mark. A hot melt kettle heats up the road, marking material up to 200°C, and it is then sprayed over the road surface. After it cools down, the paint becomes wear-resistant, quite reflective, and bright. For easy identification of road markings, even in the dark, reflective glass beads are further added since they improve brightness along with durability. Many companies are contributing to hot melt road marking product manufacturing with their novel products. However, as compared to other applications of hot melt adhesives, the road marking application segment will offer growth opportunities for the market players. After the COVID-19 pandemic, it is presumed that construction activities are going to rise again in various economies, and the projects that were postponed will be resumed, which will further influence the market growth for hot melt adhesives.

Further, JiangSu Faer Wax Industry Co., Ltd is offering hot melt marking paint, which is a type of road marking material created by utilizing thermoplastic petroleum resin as the binder, high-quality fillers, and additives as auxiliary. This road marking material has the advantages of quick-drying, smooth construction, good reflection capacity, and long service lifespan, among others. KEMAT Polybutenes company is also offering hot melt road marking paints. KEMAT polybutenes offer an excellent pour-point, which enhances the road marking paint flow even in winter. KEMAT delivers the largest range of viscosities, combining the Polybut along with Polybol Polybutenes with a very narrow MW distribution for the road marking paints. Thermoplastic road marking materials are utilized in several places, such as car parking and roads. The common colors available for road marks are white and yellow. Yellow pigments consist of yellow lead, while white pigments are mostly zinc oxide, titanium dioxide, and lithopone.

Europe Hot Melt Adhesives Market Overview

Economically strong countries such as the UK, Germany, and Russia are at the forefront of implementing technologically advanced solutions. In addition, manufacturing and packaging industries are heavily contributing to the GDP of various countries in the region. Hot melt adhesive manufacturers are contributing to the market growth in Europe through their innovative products. A few of the major players operating in Europe's hot melt adhesive market are Exxon Mobil Corporation, Intercol BV, H.B. Fuller Company, 3M, Arkema Group, Henkel AG & Co. KGaA, and Sika AG. The market giants are focused on new and improved product offerings to meet the demand for industry-specific requirements. Exxon Mobil is offering hot melt adhesives with low-viscosity grade Vistamaxx polymers (e.g., 8380, 8780, and 8880) that facilitate superior performance compared to ethylene-vinylor (EVA) and amorphous polyalphaolefin (APAO). Low-viscosity Vistamaxx is a high-performance, low-odor performance polymer with high mileage hot melt adhesives suitable for packaging, hygiene products, and assembly applications.

In February 2013, FEICA, the industry association of the European sealant & adhesives industry, published a guidance document regarding the food contact material status declaration for adhesives. The document aims to guide adhesive manufacturers in ensuring compliance with Regulation EC 1935/2004. It further summarizes the relevance of Regulation EC 1935/2004, 2023/2006, and 10/2011 for adhesives and provides insight into European national legislation. On August 4, 2020, a new restriction, mainly on diisocyanates, was published through the Official Journal of the European Union (2020/1149). The aim of the new EU Regulation is to ensure better protection of workers as well as to ensure the application of best practices throughout the EU in terms of health and safety. It mainly targets respiratory problems and skin allergies, which can potentially occur by diisocyanates, and needs new minimum training before the usage of diisocyanates with mixtures containing diisocyanates. Polyurethane is formed by facilitating the reaction between polyol and diisocyanates, and it is further mixed to create different types of polyurethane applications. Bostik, a major hot melt adhesive market player, is handling the diisocyanates products safely and taking precautionary measures for the workers. Through this step, the company focuses on enhancing and harmonizing the level of protection given to employees and workers handling diisocyanates across Europe.

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

Europe Hot Melt Adhesives Market Segmentation

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

Based on product type, the Europe 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 Europe 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 Europe hot melt adhesives market in 2022.

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

Based on country, the Europe hot melt adhesives market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe 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 among the leading companies operating in the Europe 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. Europe 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 - Europe Market Analysis

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

7. Europe 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. Europe 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. Europe 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. Europe Hot Melt Adhesives Market - Country Analysis

• 10.1 Europe Market Overview
  • 10.1.1 Europe Hot Melt Adhesives Market, By Key Country - Revenue 2022 (US$ Million)
  • 10.1.2 Europe Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries
    • 10.1.2.1 Europe Hot Melt Adhesives Market Breakdown by Country
    • 10.1.2.2 Germany Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.2.1 Germany Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.2.2 Germany Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.2.3 Germany Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.3 France Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.3.1 France Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.3.2 France Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.3.3 France Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.4 Italy Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.4.1 Italy Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.4.2 Italy Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.4.3 Italy Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.5 UK Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.5.1 UK Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.5.2 UK Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.5.3 UK Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.6 Russia Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.6.1 Russia Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.6.2 Russia Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.6.3 Russia Hot Melt Adhesives Market Breakdown by Application
    • 10.1.2.7 Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)
      • 10.1.2.7.1 Rest of Europe Hot Melt Adhesives Market Breakdown by Product Type
      • 10.1.2.7.2 Rest of Europe Hot Melt Adhesives Market Breakdown by Type
      • 10.1.2.7.3 Rest of Europe 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