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3. Henkel AG & CO. KGaA (Germany) and H.B. Fuller Company (US) are Leading Players in the Hot-Melt Adhesives Market

The global hot-melt adhesives market size was USD 9.5 billion in 2024 and is projected to reach USD 10.95 billion by 2029, at a CAGR of 2.8% between 2024 and 2029. The marketing factor of technological inventions in chemical engineering and specifically in creating a new generation of adhesives with greater heat and wearing resistance, and easier to apply, is fuelling its growth. These developments help in improving the properties of hot-melt adhesives, this make them useful in special calls for in different industries. Due to increased awareness of the effects of its products and the environmental returns of products many manufactures are shifting towards a green adhesive products. Hot-melt adhesives do not use solvent and therefore they contribute to the lower emission of VOC as compared to solvent-based adhesives which are in compliance with internationals and regional standards in sustainability.

The key players following the strategies between 2020 to 2023, Henkel AG & CO. KGaA (Germany), H.B. Fuller Company (US), Jowat SE (Germany), 3M (US), Arkema (France). The companies are majorly following new product launches, acquisition, expansion as the strategy to grow and expand the market.

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Henkel operates globally with a well-balanced and diversified portfolio. It manufactures and distributes homecare, laundry, cosmetics, and adhesive products globally. The company operates through adhesive technologies, consumer brands, and corporate business segments. Hot-melt adhesives are produced under the adhesive technologies segment. Henkel offers numerous applications to cater to the needs of different target groups: consumers, craftsmen, and industrial businesses. Henkel Adhesive Technologies is the global leader in adhesives, sealants, and functional coatings worldwide. The hot-melt adhesives are manufactured under the brands—LOCTITE and TECHNOMELT. Henkel has a strong background in terms of adhesive technologies that it may use to cater to a broad range of adhesive needs. It indicates that they support sustainable development, work with new products, and have good relationships with buyers, which is why they are considered one of the leading companies in the adhesives  industry.

H.B. Fuller Company is a global hot-melt adhesives manufacturer, formulator, and marketer. The company has three operating segments: Hygiene, Health, and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives. It provides adhesives for the assembly of electronic devices, vehicle assembly, packaging, and flexible packaging applications. The company has a strong customer base and operates in several countries across Europe, North America, and Asia Pacific, among other regions. With more than 80 manufacturing sites in 45 countries, H.B. Fuller is a global adhesive supplier that understands local challenges and priorities. The company’s key competitors are Henkel AG (Germany) and Arkema (France). H.B. Fuller operates in the adhesive industry and has made significant achievements in the adhesive solutions business with special emphasis on technology incorporating a comprehensive menu of technological adhesives suitable for the packaging, construction, and the transportation industries. They are a group of company with global network, well-developed research and development arm, and customer-oriented initiatives all of which makes them a premier choice for adhesive products across the globe.

Related Reports:

Hot-Melt Adhesives Market by Resin Type (EVA, SBC, MPO, APAO, Polyolefins), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), and Region - Global Forecast to 2029

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