Global Hot Melt Adhesives Industry Report 2020-2028 - What is the Impact of COVID-19 on Market Revenues? - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Hot Melt Adhesives Market Size Forecast to 2028 - Trends, Analysis and Outlook by Application, Type and Geography" report has been added to ResearchAndMarkets.com's offering.

Key Insights from the Global Hot Melt Adhesives Market

• The Global Hot Melt Adhesives market is valued at $8 billion in 2020.
• Packaging is the largest application segment of the Hot Melt Adhesives market.
• SBC-based adhesives remain the dominant type of Hot Melt Adhesives.
• North America is the largest market for Hot Melt Adhesives.

The $8 billion Hot Melt Adhesives industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Hot Melt Adhesives market from 2020 to 2028. This market research report presents detailed Hot Melt Adhesives market analysis, and forecasts to 2028. Detailed insights into global and regional Hot Melt Adhesives market statistics, Hot Melt Adhesives companies and growth prospects across verticals are included.

Hot Melt Adhesives Market Overview and Developments in 2020

The report presents a snapshot of recent market trends in the Hot Melt Adhesives industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, Porter's five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Hot Melt Adhesives Market Revenue

The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Hot Melt Adhesives manufacturers and vendors. However, we expect the negative impact of COVID-19 on Hot Melt Adhesives to be compensated over the medium to long term future.

Hot Melt Adhesives Market Size and Outlook by Type to 2028

This chapter presents an insight into different Hot Melt Adhesives types and their contribution to global market growth. The growth in global Hot Melt Adhesives market size is forecast to continue despite the economic challenges. The report forecasts the Hot Melt Adhesives market revenue across different Types, which include - SBC-based HMA, PU-based HMA, PO-based HMA, PA-based HMA, Polyester-based HMA, EVA- based HM. Of these, SBC-based adhesives dominate the global Hot Melt Adhesives market.

Hot Melt Adhesives Market Share and Outlook by End-user Industry to 2028

The research suggests that there is a strong case for the development of new applications of Hot Melt Adhesives worldwide. Different application segments analyzed in the report are Automotive and Transport, Building and Construction, Semiconductors and Electronics, Health and Hygiene, Packaging, others. The study identifies that Packaging application has the most substantial value-creation potential.

Global Hot Melt Adhesives Company Profiles

The report presents business profiles of major companies operating in the industry including Arkema, H.B. Fuller Company, Henkel AG & Co. KGaA, The 3M Company, The DOW Chemical Company.

The business overview, SWOT profile and product information are provided for all the companies.

The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Scope of the Research

• Global and regional Hot Melt Adhesives Market Size estimates in revenue terms from 2019 to 2028.
• Segmentation analysis across types, applications, and geographies.
• Strategic analysis through trends, drivers, challenges, opportunities, Porter's five forces analysis.
• Market Developments including M&A, new product development, and competitive analysis.
• Potential strategies of leading companies.

For more information about this report visit https://www.researchandmarkets.com/r/7x349b