Hexa Research
Fact-based market research, penetrating industry insights and validated
forecasts to help you make better decisions for a stronger future
Restraint in the hot melt adhesive is volatility in raw material price, loss of bond
strength at high temperature and fluctuating economic cycle. Volatility in crude oil price
is owing to the high bargaining power of suppliers.
Browse Detail Report@
https://www.hexaresearch.com/upcoming-research/hot-melt-adhesive-hmamarket
Growing demand for pressure sensitive industries which use HMA is expected to spur
the market growth. Booming non-woven disposable and packaging industry is expected
to offer lucrative growth opportunities in the hot melt adhesive market.
Key industry participants are investing heavily in R&D to produce the advanced new
innovative product and to enhance the bonding performance of HMA. The HMA exhibits
the superior properties such as ability to bond with ceramics and reengineered plastics
are anticipated to drive the growth over the forecast period.
Increasing in application scope in an end-use industry such as automotive, labeling and
packaging, footwear, construction, woodworking, and transportation is anticipated to
boost demand significantly over the next eight years.
Other applications include bookbinding, floor adhesive products, soap wrapper coating,
bubble gum wrapper coating, clear case bonding, automotive headlights, tape
manufacturing, glue sticks and stock manufacturing. Labeling bottles and paper
converting industries are the major end use industry which is expected to boost the
demand over the forecast period.
Contact: +1-800-489-3075
Email : [email protected]
Website: http://www.hexaresearch.com/