Growing packaging industry coupled with increasing demand for non-woven hygiene products in the region is likely to be the key factor stimulating market growth.
Market Size – USD 12.19 billion in 2018, Market Growth - CAGR of 6.3%, Market Trends – Growing application across various end-use industries.
NEW YORK, Feb. 25, 2019 (GLOBE NEWSWIRE) -- The global Hot Melt Adhesives market is expected to reach 19.89 Billion by 2026, according to a new report by Reports and Data. 2016-2017, has witnessed transition of several economies coming out from recession and posing as a severe contender for economical excellence. The hot melt adhesive market is significantly complex considering its wide range of value chain structure. Value addition in products is a significant cost differentiator and hot melt adhesives has a wide range of products under its belt. The diversity in the value chain applies for finished and adhesive products and the raw material used to make them. In the modern global industry and production scenario of physical commodities, raw material procurement strategy is widely becoming one of the significant areas hot melt adhesives are nurturing on.
Indicators of the future needs are in some cases already visible, such as rising construction index, economic stability and per capita growth among house dwellers across the globe. 2016-2017, has witnessed transition of several economies coming out from recession and posing as a severe contender for economical excellence.
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Further key findings from the report suggest
Read more at: https://www.reportsanddata.com/report-detail/hot-melt-adhesives-market
For the purpose of this report, Reports and Data have segmented global Hot Melt Adhesives on the basis of resin type, application and region:
Resin Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)
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