Hot melt adhesives market is projected to experience a […]
Hot melt adhesives market is projected to experience a substantial growth Apertured Film over the coming years owing to a vast application scope across the woodworking, packaging, electronics, and automobile industries. In today’s scenario, adhesives are become an indispensable choice in the production of food packaging and are widely used for coating as well as for pre-packaged food boxes.Driven by the growing consumption of packaged food products worldwide, the food packaging application is expected to fuel. These products are widely known for substantial properties such as affordability, longer shelf life, reusability without degradation, and fast-drying ability.
Innovative developments by industry contenders will bring forth numerous opportunities for them to expand their production capacities and further propel hot melt adhesives industry outlook. The reason for the same can be attributed to the fact that these adhesives are excessively utilized in the F&B industry for packaging and labelling on account of their excellent adhesion and high intact characteristics.Hot melt adhesives have become widely application in the automobile industry of Asia Pacific region and are extensively utilized in manufacturing of door sealant, seating, water shields, package tray attachment and headliner attachments.
Speaking of APAC industry trends, China hot melt adhesives market size is likely to register an appreciable growth rate over the forecast duration on account of the fact that the region boasts of the presence of a strong furniture and construction sector, increasing the demand for PUR, polyamide, and EVA based products.Automakers are gradually shifting their preferences from solvent-based adhesives to hot melts adhesives for automotive assembly which helps in improving strength and durability of the vehicles without creating any additional weight.Surge in the demand for lightweight vehicle design along with government standards to curb VOC emissions is likely to impel the product demand in the region. Report claims that Asia Pacific hot melt adhesives market is one of the fastest-growing sectors and will register substantial demand from automobile applications.
Rising demand for expanded plastics like polyamide, polyurethane, and EVA has been observed due to extensive use for manufacturing furniture, woodworking. These adhesives are known to provide favorable qualities for highly rigid joint bonds, applying aesthetic design and are useful for soft and post forming products, becoming a perfect choice for profile wrapping and architectural elements.Several furniture companies and manufacturers are deliberately working towards the deployment of emerging technologies to create comfortable, functional, and attractive furniture products that blend into the modern lifestyle of a consumer.The packaging sector comes in a wide array of materials and represents a key end-use application for hot melt adhesives industry as it firmly adheres to all types of plastics, papers, and board. Numerous companies are developing and offering products that provide remarkable packaging efficiency and are suited for different purposes.