Hot Melt Adhesives (HMA) Market

Jowat SE (Germany) and 3M (US) are leading players in Hot Melt Adhesives (HMA) Market

The HMA market is projected to grow from USD 9.1 Billion in 2022 to USD 11.4 Billion by 2027, at a CAGR of 4.8% between 2022 and 2027. Asia Pacific is estimated to be the largest consumer of HMA. The global HMA market is driven by the growing demand for HMA in DIY applications.

The key players operating in the market are Henkel AG & Co. KGaA (Germany), H.B. Fuller (US), Jowat SE (Germany), 3M (US), and Arkema (Bostik) (France). These players have adopted various strategies, such as acquisition, expansion, and new product launch to grow in the market. Acquisitions is the key strategy adopted by the major players between 2016 and 2022. This strategy helped companies enhance their global presence.

To know about the assumptions considered for the study download the pdf brochure

3M started a small-scale mining venture more than a century ago, but today more than 60,000 products of the company are used in homes, schools, hospitals, and other industries. The company has managed to remain in the Fortune 500 list repeatedly because of its scientific, technical, and marketing innovations. It is performing its corporate operations in 70 countries, and sales in 200 countries, with more than 90,000 employees. The products are segmented in four main units – Safety & Industrial; Transportation & Electronics; Healthcare; and Consumer. The company has an extensive and robust product portfolio, along with the strong R&D capabilities. It has established vast distribution channels in different geographic locations to serve its customers worldwide.

Jowat SE manufactures and distributes adhesives globally. The company operates through eight product segments: HMAs (EVA, PA, PO, and PSA), reactive HMAs, dispersion adhesives, solvent-based adhesives, reactive 1k and 2k systems, PSA, primer, and other adhesives/special products. The company offers its hot melt products through the HMAs (EVA, PA, PO, and PSA) segment.

The application areas of HMA offered by the company include woods, furniture, construction, and packaging. The company operates in North America, Europe, Latin America, Asia Pacific, and Africa with its customer base spread across 80 countries. It has 21 affiliates that cater to various customers worldwide.

Related Reports:

Hot Melt Adhesives (HMA) Market by Type (EVA, SBC, MPO, APAO, PA, PO, PU), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding) and Region (APAC, Europe, North America, RoW) - Global Forecast to 2027

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
CH 3369
RI Published ON
4/22/2022
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Hot Melt Adhesives (HMA) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved