Feb 14 2014
Research and Markets has announced the addition of the "Global Analysis of the Hot Melt Adhesives Market" report to their offering.
Asia-Pacific Market is Likely to Maintain Growth Momentum
This study covers the state of the global hot melt adhesives market, examining drivers and restraints for growth, pricing, legislation, demand, and geographical trends. In addition, an in-depth analysis of the competitors, advantages of hot melts, key base polymer systems used, and hot melt adhesives applications are presented. The base year is 2012 with forecasts from 2013 to 2019. The total hot melt adhesives market is expected to grow at a single-digit rate owing to maturity of the market in the US and Europe. However, growth of reactive and pressure-sensitive hot melt adhesives in Asia-Pacific is going to be encouraging given that these adhesives are increasingly becoming used in automotive, tapes, and construction applications.
DEFINITIONS
HMAs are glue formulations that can be applied in a heated (molten) state and, on cooling, form a strong bond with the substrate, which is thermoplastic in nature.
The market estimation includes the following applications:
- Packaging
- Non-rigid bonding
- Transportation
- Construction
- Woodworking
- Others (mainly includes tapes and artificial turfs)
The study is restricted to the analysis of polymer HMAs formulations.
The units used are the kilograms (kg) and kilotonne (kT).