Hot Melt Adhesives Market Share

  • Report ID: 4998
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Hot Melt Adhesives Market Share

APAC Market Statistics

The hot melt adhesives market in Asia Pacific is projected to be the largest with a share of about 33% by the end of 2037. The rising production of footwear is driving market growth. Hot melt adhesives play a significant role in the footwear industry. It is used for attaching the soles and insoles, for bonding the lining materials, and for attaching decorating material on the footwear. China is the world's largest footwear-producing country, accounting for more than half of global shoe production. Moreover, Wenzhou, China, now has over 4,000 shoe firms and produces over 1 billion shoes every year.

North American Industry Analysis

The North American hot melt adhesives market is estimated to be the second largest, registering a share of about 28% by the end of 2037. The growing popularity of online shopping and expanding e-commerce platforms will increase the demand for hot melt adhesives. There were around 268 million digital buyers in the United States in 2022, and this number is expected to rise to 285 million by 2025. There are various uses of the adhesives in the e-commerce industry, such as for sealing boxes, attaching labels, product assembly, and others. 

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Hot Melt Adhesives Market Size
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Author Credits:  Rajrani Baghel


  • Report ID: 4998
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hot melt adhesives is evaluated at USD 12.41 billion.

The hot melt adhesives market size was valued at USD 11.68 billion in 2024 and is likely to exceed USD 30.89 billion by the end of 2037, expanding at over 7.7% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for food packaging, rising constructional activities, and rising demand for bio-based adhesives will boost the market growth.

Asia Pacific industry is projected to hold 33% of the revenue share by 2037, owing to rising production of footwear in the region.

The major players in the market include Henkel AG & Co. KGaA, H.B. Fuller Company, The Dow Chemical Company, Sika AG, Jowat SE, Arkema Group, 3M, Avery Dennison Corporation, Beardow Adams Group, Meridian Adhesives Group.
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