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The global polyester hot melt adhesives market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polyester hot melt adhesives refer to thermoplastic adhesives that are non-volatile in nature. They are commonly found in a solid-state at room temperatures that can be liquified upon heating. These adhesives are widely used to form instantaneous bonds and reduce product weight while improving the overall product appearance. They are generally compatible with polyester, leather, polyvinyl chloride (PVC), polycarbonate, aluminum, copper, steel, and non-woven, and paper-based fabrics. They offer high tensile strength, exhibit excellent resistance to moisture and perform exceptionally well under high temperatures. As a result, they find extensive applications across various industry verticals, including the textile, automotive, packaging and consumer electronics sectors.
The global market is primarily driven by the increasing utilization of polyester hot melt adhesives in the textile sector. These adhesives are widely employed to forge effective and durable bonds in moisture-resistant textiles that are pre-treated with hydrophobic polymers. Apart from this, the rising demand for these adhesives from the packaging sector is expected to drive the market growth. This is further supported by considerable growth in the e-commerce sector and continual advancements in packaging technologies and materials. The escalating adoption of corrugated packaging in the food and beverages industry is acting as another major growth-inducing factor. Facilitated by the affordable and environment-friendly nature of these packaging solutions, this, in turn, is providing a boost to the increasing uptake of hot melt adhesives. Moreover, polyester hot melt adhesives are extensively being used in the automobile industry for a vast array of applications, thereby creating a positive outlook for the market. Some of these applications include trunk lining, seat assembly, emblem attachment, and air filter attachments.
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyester hot melt adhesives market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Avery Dennison Corporation, Bostik (Arkema S.A.), Cattie Adhesives, Costchem S.r.l., Dow Inc., EMS Chemie Holding AG, H.B. Fuller Company, Sika AG and Sipol SpA.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||3M Company, Avery Dennison Corporation, Bostik (Arkema S.A.), Cattie Adhesives, Costchem S.r.l., Dow Inc., EMS Chemie Holding AG, H.B. Fuller Company, Sika AG and Sipol SpA|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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