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What Will Be the Size of the Hot-Melt-Based Adhesives Market by 2029?
In recent times, the market size of hot-melt-based adhesives has significantly expanded. From $15.55 billion in 2024, it’s expected to rise to $16.82 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 8.2%.
Factors contributing to growth in the historical period include the expansion of the packaging industry, increased production of automobiles, growth in the disposable hygiene products market, the burgeoning consumer electronics manufacturing industry and a rising demand in woodworking applications.
Predictions for the hot-melt-based adhesives market size forecast strong expansion in the coming years, reaching a valuation of $23.3 billion in 2029. This reflects a compound annual growth rate (CAGR) of 8.5%.
Multiple factors can explain the expected growth during the forecast period, including the trend towards automotive lightweighting, a growing focus on electric vehicles, medical device assembly, and the expanding construction industry, all within the context of strict environmental regulations. The forecast period also sees emerging trends such as advancements in manufacturing methodologies, a pivot towards sustainable and eco-friendly ingredients, an increase in disposable hygiene products’ popularity, strategic alliances and partnerships, and attention to customization and specialized formulations.
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What Are the Major Drivers of the Hot-Melt-Based Adhesives Market in 2025?
The surge in environmental conservation awareness has led consumers to demand more sustainable products. The appeal of hot melt adhesives lies in their earth-friendly benefits compared to other adhesives, which include affordability, zero VOC emissions, extended shelf-life, durability and swift drying times.
Firms like Bostik, for example, are delivering hot-melt polyurethane adhesives for the textile industry via a solvent-free technique, decreasing the use of damaging solvents like methylene chloride.
This kind of adhesive has been successful among Asian underwear, sportswear and medical garment manufacturers.
Consequently, the hot melt adhesives market is set for growth due to rising demand for hot-melt polyurethane adhesives.
What Are the Growth Trends Across Key Hot-Melt-Based Adhesives Market Segments?
The hot-melt-based adhesives market covered in this report is segmented –
1) By Type: Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types
2) By Application: Packaging Solutions, Nonwoven Hygiene Products, Furniture And Woodwork, Bookbinding, Other Applications
3) By End User: Building And Construction, Packaging, Transportation, Electrical And Electronic Appliances, Healthcare, Other End Users
Subsegments:
1) By Thermoplastic Polyurethane (TPU): Flexible TPU Adhesives, Rigid TPU Adhesives
2) By Ethylene Vinyl Acetate (EVA): Low-Viscosity EVA, High-Viscosity EVA
3) By Styrenic-Butadiene Copolymers (SBC): Styrene-Butadiene-Styrene (SBS), Styrene-Ethylene-Butylene-Styrene (SEBS)
4) By Polyolefins: Polypropylene (PP), Polyethylene (PE)
5) By Polyamide: Aliphatic Polyamide, Aromatic Polyamide
6) By Other Resin Types: Ethylene Acrylic Acid (EAA), Polyester-Based Adhesives, Other Specialty Resins
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What Are the Fastest-Growing Trends in the Hot-Melt-Based Adhesives Market Ecosystem?
A host of companies specializing in hot melt-based adhesives are now embracing IoT (Internet of Things) technologies. This enables them to link equipment and intelligent devices together to acquire real-time data and identify inefficiencies in their production process.
This accumulated data is then processed, examined, and decoded by plant managers and high-ranking executives in order to enhance product quality and achieve optimal output levels. These state-of-the-art systems provide information relating to the operational conditions and efficiency of chemical reactors by leveraging in-built software and analytical tools.
This can alert plant operators and managers to potential machinery malfunctions. Top-notch businesses like BASF SE, The Dow Chemical Company, and H.B.
Fuller, for example, are among those implementing IoT.
Which Regional and Global Companies Are Dominating the Hot-Melt-Based Adhesives Industry?
Major companies operating in the hot-melt-based adhesives market include DowDuPont Inc., Evonik Industries AG, Sika AG, Huntsman Corporation, Toyobo Co. Ltd., Hexion Inc., Mapei SpA, Paramelt BV, Buhnen GmbH & Co.
KG, Beardow & Adams Ltd., Tex Year Industries Inc., Dymax Corporation, Bostik Inc., Worthen Industries Inc., ITW Dynatec GmbH, KLEIBERIT SE & Co. KG, Wisdom Adhesives LLC, American Chemical Inc., Jowat SE, Daubert Chemical Company, Sealock Ltd., Permabond Engineering Adhesives Ltd., Sipol spa, Helmitin Inc., Adhesive Direct UK, Costchem SRL, Evans Adhesive Corporation Ltd., Sanyhot Adhesivos SA.
Which Regions Are Poised for Long-Term Hot-Melt-Based Adhesives Market Growth?
Asia-Pacific was the largest region in the hot-melt-based adhesives market in 2024. North America was the second-largest region in the global hot-melt-based adhesives market.
The regions covered in the hot-melt-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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