Hot Melt Adhesives Market Share, Size, and Forecast| 2030

Hot Melt Adhesives Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Glue Sticks, Glue Slugs, and Others), Type (Ethylene Vinyl Acetate, Polyolefins, Polyamides, Polyurethanes, Styrene Block Copolymers, and Others), and Application (Packaging, Construction, Automotive, Furniture, Footwear, Electronics, and Others)

  • Report Code : TIPRE00015496
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 171
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[Research Report] The hot melt adhesives market size is expected to grow from US$ 8.10 billion in 2022 to US$ 12.47 billion by 2030; it is estimated to register a CAGR of 5.5% from 2022 to 2030.

Market Insights and Analyst View:

Hot melt adhesives or hot glue are formulations of thermoplastic adhesives. Hot glue sticks are available with various diameters and designs. The sticks are fitted into the glue gun and heated up to the desired temperature till the glue stick starts melting. The glue pushes out through the heated nozzle on the surface of the application when the user pushes through the gun with the mechanical trigger. Some hot melt stick adhesives have been designed with a longer open time so that they can be sprayed on wider regions for bonding. Based on product type, the market is segmented into glue sticks, glue slugs, and others. In 2022, the glue sticks segment held the largest share of the global hot melt adhesives market

Growth Drivers and Challenges:

The growing applications in several end-use industries drive the global hot melt adhesives market growth. Hot melt adhesives are highly utilized in packaging solutions, nonwoven hygiene products, and consumer goods. The adhesives are suitable in the manufacturing of packaging solution products, particularly food packaging and specialty packaging. Packaging applications of hot melt adhesives further include carton boxes, bags, cups, flexible packaging, envelopes, carton closure, specialty packaging, and processed food products. The proper setting time of this adhesive is important for the successful packaging of any product. Hot melt adhesives are also extensively utilized in products such as baby diapers, tissues, pet and medical pads, and towels and napkins. Moreover, feminine hygiene, toddler training pants, and adult incontinence are among the key markets for hot melt adhesives. The hot melt adhesives market, mainly for nonwoven hygiene products, is well-established in regions such as North America and Europe. Furniture and woodwork applications of hot melt adhesives include roofing, countertop laminations, and wall coverings. Over the last decade, the demand for these adhesives in the furniture sector has been increasing, and Asia Pacific remains the key market in this sector. India and China account for a major share of the market for the woodworking application segment. Hot melt adhesives can also bond to several materials and surfaces, such as ceramic, cardboard, metal, fabric, papers, and plastics, which further makes them a suitable option for DIY applications.

Hot melt adhesive is basically a thermoplastic material, as well as a polymer, which becomes pliable when it comes close to warm temperatures. Temperature changes highly impact the working process of hot melt adhesives and lower their performance. Different types of hot melt adhesives possess different levels of temperature resistance capacity. When the temperature goes up, the ability of a hot melt adhesive to hold two substrates together goes down, and it cannot hold two substrates together firmly. On the flip side, low temperatures do not normally have such a highly adverse effect on the strength of adhesives. They will show some simple stiffness instead of compromising their strength. The tendency for adhesives to break or strain rises as their temperatures increase due to the changes in a chemical reaction; some of the components break down, the adhesive is crystallized, and then becomes unstable. This decreased elasticity of hot melt adhesives may further result in cracking and may cause total shattering of the adhesive, which can obviously render the bond useless. Hot melt adhesives possess a few disadvantages, such as the thermal load of the substrate and loss of strength while exposed to higher temperatures. All these disadvantages of hot melt adhesives restrain the global hot melt adhesives market growth. 

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Hot Melt Adhesives Market: Strategic Insights

hot-melt-adhesives-hma-market
Market Size Value inUS$ 8.10 billion in 2022
Market Size Value byUS$ 12.47 billion by 2030
Growth rateCAGR of 5.5% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The "Global Hot Melt Adhesives Market" is segmented on the basis of product type, type, application, and geography. Based on product type, the market is segmented into glue sticks, glue slugs, and others. By type, the market is segmented into ethylene vinyl acetate, polyolefins, polyamides, polyurethanes, styrene block copolymers, and others. By application, the global hot melt adhesives market is segmented into packaging, construction, automotive, furniture, footwear, electronics, and others. The market, based on geography, is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

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Segmental Analysis:

Based on product type, the hot melt adhesives market is segmented into glue sticks, glue slugs, and others. The glue sticks segment held a significant market share in 2022, and the market for the segment is expected to grow significantly from 2022 to 2030. Glue sticks are cylindrical sticks with a wide range of diameters. They are used with a hot glue gun. Hot melt glue stick adhesives generate less amount of waste and have a relatively less environmental impact, which makes them suitable for various applications in food packaging, printing & publishing, carton-sealing, textile manufacturing, woodworking, electronics, and building & construction industries. The glue slugs are also one of the major product types in the market. Hot melt glue slugs are available in varied diameters. They are used in product assembly, manufacturing, woodworking, and packaging applications. The slugs are perfect for bonding many objects such as paper, ceramics, wood, plastic, and metal. Hot melt glue slugs are sprayed using glue guns that have long open times, which allows users to cover a large surface area.

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Regional Analysis:

Based on geography, the hot melt adhesives market is segmented into five key regions—North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa. Asia Pacific dominated the global market, and the regional market accounted for ~US$ 4 billion in 2022. The countries in the region are witnessing an upsurge in industrialization, mainly in the manufacturing, automotive, packaging, and construction industries, which would offer ample opportunities for the key players in the hot melt adhesive market during the forecast period. Chemicals, textiles, pulp & paper, and electronics are among the prime industries in countries such as Australia, Japan, India, China, South Korea, Singapore, Taiwan, and Indonesia. These industries are highly adopting advanced technologies and processes. According to Bostik India, a key market player, rising adoption of e-commerce and increasing purchasing power of people bolster the hot melt adhesives market growth. North America is another major contributor, holding more than 20% of the global market share. Hot melt adhesives manufacturing companies located in this region are continuously enhancing their overall business processes to cater to the demand of customers in the best possible way. Polyurethanes are highly utilized as one of the hot melt adhesives in this region in applications such as construction, electronics, trailer truck panel bonding, and furniture bonding. 

Industry Developments and Future Opportunities:

Following are among the initiatives taken by the key players operating in the hot melt adhesives market:

  • In December 2019, Arkema announced the acquisition of LIP Bygningsartikler AS (LIP) by Bostik. LIP provides tile adhesives, waterproofing systems, and floor preparation solutions. This acquisition has enabled Bostik to offer an extended range of high-value-added products to its customers while boosting its presence in Nordic countries.
  • In 2021, Sika AG acquired Hamatite, a Japan-based company that provides adhesives and sealants to various industries such as automotive and construction. The company also offers various technologies, such as polyurethanes, hot melts, and modified silicones. This acquisition will help Sika AG to strengthen its position in Japan and increase market access.
  • In 2020, H.B. Fuller Company launched new products—Advantra 9280 EU and Advantra BOLD 9480, readily available adhesive grades with hot melt advanced technology for extreme cold storage of vaccines and medication packaging.
  • In 2021, Henkel AG & Co. KGaA launched the industry’s first bio-based polyurethane reactive (PUR) hot melt adhesive. The product LOCTITE HHD 3544F is designed for consumer electronics assembly.
  • In 2021, Henkel AG & Co. KGaA launched sustainable packaging hot melt adhesives in a partnership with Dow. This new Technomelt Supra ECO range of products has been developed to enable customers to reach their sustainability goals.
  • In 2020, Bostik launched Thermogrip 2356, a new product line for label adhesive, which is specially designed to enhance production line efficiencies and enable sustainable packaging for quick-service restaurant applications. The product is formulated with hot melt pressure-sensitive adhesive technology.

COVID-19 Pandemic Impact:

The COVID-19 pandemic adversely affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA) hampered the growth of several industries, including chemicals & materials. The shutdown of manufacturing units of companies disturbed global supply chains, manufacturing activities, and delivery schedules. Various companies reported delays in product deliveries and a slump in their product sales in 2020. The negative impact of the pandemic on the growth of industries such as construction, automotive, packaging, furniture, and others reduced the demand for hot melt adhesives.

Various industries are coming on track as supply constraints affecting these industries are resolving gradually. Moreover, the rising demand for hot melt adhesives from various industries such as automotive, packaging, and others substantially promotes the hot melt adhesives market growth.

Competitive Landscape and Key Companies:

H.B. Fuller Company, Henkel AG & Company KGaA, Arkema, 3M, Sika AG, Jowat SE, Hexcel Corporation, The Dow Chemical Company, Beardow Adams,  and Gorilla Glue Company are a few players operating in the global hot melt adhesives market. Global market players focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, capacity expansion, partnerships, and collaborations to stay competitive in the market.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Type, Type, and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Based on the type, which segment is leading the global hot melt adhesives market during the forecast period?

The ethylene vinyl acetate segment held the largest share of the global hot melt adhesives market in 2022. Ethylene vinyl acetate (EVA) is utilized in many hot melt adhesives because of its rubber-like flexibility. EVA-based adhesives are flexible enough to withstand cracking, especially when exposed to UV light.

Based on the application, which segment is leading the global hot melt adhesives market during the forecast period?

The packaging segment held the largest share of the global hot melt adhesives market in 2022. The packaging applications of hot melt adhesives mainly include carton or box sealing, bottle labeling, paper bag manufacturing, and bag assembly.

Which region held the largest share of the global hot melt adhesives market?

In 2022, Asia Pacific held the largest share of the global hot melt adhesives market. The countries in the region are witnessing an upsurge in industrialization, mainly in the manufacturing, automotive, packaging, and construction industries, which are driving the demand for hot melt adhesives.

Based on product type, which segment is leading the global hot melt adhesives market during the forecast period?

The glue sticks segment held the largest share in the global hot melt adhesives market in 2022. Hot melt glue stick adhesives generate minimal waste and have a relatively small environmental impact, which makes them suitable for a wide range of applications in food packaging, carton-sealing, printing and publishing, textile manufacturing, electronics, woodworking, and building and construction industries.

Can you list some of the major players operating in the global hot melt adhesives market?

The key players operating in the global hot melt adhesives market include H.B. Fuller Company, Henkel AG & Company KGaA, Arkema, 3M, Sika AG, Jowat SE, Hexcel Corporation, The Dow Chemical Company, Beardow Adams, and Gorilla Glue Company.

What are the key factors influencing market growth?

The projected growth of the market is attributed to the growing applications in several end-use industries and the changing trend from solvent adhesives to hot melt adhesives.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Global Hot Melt Adhesives Market Landscape

4.1 Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of New Entrants

4.2.4 Intensity of Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Manufacturers

4.3.3 Distributors/Suppliers

4.3.4 End Use

4.4 List of Vendors in the Value Chain:

5. Global Hot Melt Adhesives Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Applications in Several End-Use Industries

5.1.2 Changing Trend from Solvent Adhesive to Hot Melt Adhesive

5.2 Market Restraints

5.2.1 Low Thermal Resistance

5.3 Market Opportunities

5.3.1 Rising Utilization of Hot Melt Adhesives in Road Marking

5.4 Future Trends

5.4.1 Adoption of Bio-Based Hot-Melt Adhesives

5.5 Impact Analysis

6. Hot Melt Adhesives Market - Global Market Analysis

6.1 Global Hot Melt Adhesives Market Revenue (US$ Million)

6.2 Global Hot Melt Adhesives Market Forecast and Analysis

7. Global Hot Melt Adhesives Market Analysis – By Product Type

7.1 Glue Sticks

7.1.1 Overview

7.1.2 Glue Sticks Market Revenue and Forecast to 2030 (US$ Million)

7.2 Glue Slugs

7.2.1 Overview

7.2.2 Glue Slugs Market Revenue and Forecast to 2030 (US$ Million)

7.3 Others

7.3.1 Overview

7.3.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. Global Hot Melt Adhesives Market Analysis – By Type

8.1 Ethylene Vinyl Acetate

8.1.1 Overview

8.1.2 Ethylene Vinyl Acetate Market Revenue and Forecast to 2030 (US$ Million)

8.2 Polyolefins

8.2.1 Overview

8.2.2 Polyolefins Market Revenue and Forecast to 2030 (US$ Million)

8.3 Polyamides

8.3.1 Overview

8.3.2 Polyamides Market Revenue and Forecast to 2030 (US$ Million)

8.4 Polyurethanes

8.4.1 Overview

8.4.2 Polyurethanes Market Revenue and Forecast to 2030 (US$ Million)

8.5 Styrene Block Copolymers

8.5.1 Overview

8.5.2 Styrene Block Copolymers Market Revenue and Forecast to 2030 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)

9. Global Hot Melt Adhesives Market Analysis – By Application

9.1 Packaging

9.1.1 Overview

9.1.2 Packaging Market Revenue and Forecast to 2030 (US$ Million)

9.2 Construction

9.2.1 Overview

9.2.2 Construction Market Revenue and Forecast to 2030 (US$ Million)

9.3 Automotive

9.3.1 Overview

9.3.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)

9.4 Furniture

9.4.1 Overview

9.4.2 Furniture Market Revenue and Forecast to 2030 (US$ Million)

9.5 Footwear

9.5.1 Overview

9.5.2 Footwear Market Revenue and Forecast to 2030 (US$ Million)

9.6 Electronics

9.6.1 Overview

9.6.2 Electronics Market Revenue and Forecast to 2030 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)

10. Global Hot Melt Adhesives Market - Geographical Analysis

10.1 North America

10.1.1 North America Hot Melt Adhesives Market Overview

10.1.2 North America Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.1.3 North America Hot Melt Adhesives Market Breakdown by Product Type

10.1.3.1 North America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Product Type

10.1.4 North America Hot Melt Adhesives Market Breakdown by Type

10.1.4.1 North America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Type

10.1.5 North America Hot Melt Adhesives Market Breakdown by Application

10.1.5.1 North America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Application

10.1.6 North America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries

10.1.6.1 North America Hot Melt Adhesives Market Breakdown by Country

10.1.6.2 US Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.1.6.2.1 US Hot Melt Adhesives Market Breakdown by Product Type

10.1.6.2.2 US Hot Melt Adhesives Market Breakdown by Type

10.1.6.2.3 US Hot Melt Adhesives Market Breakdown by Application

10.1.6.3 Canada Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.1.6.3.1 Canada Hot Melt Adhesives Market Breakdown by Product Type

10.1.6.3.2 Canada Hot Melt Adhesives Market Breakdown by Type

10.1.6.3.3 Canada Hot Melt Adhesives Market Breakdown by Application

10.1.6.4 Mexico Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.1.6.4.1 Mexico Hot Melt Adhesives Market Breakdown by Product Type

10.1.6.4.2 Mexico Hot Melt Adhesives Market Breakdown by Type

10.1.6.4.3 Mexico Hot Melt Adhesives Market Breakdown by Application

10.2 Europe

10.2.1 Europe Hot Melt Adhesives Market Overview

10.2.2 Europe Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.3 Europe Hot Melt Adhesives Market Breakdown by Product Type

10.2.3.1 Europe Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Product Type

10.2.4 Europe Hot Melt Adhesives Market Breakdown by Type

10.2.4.1 Europe Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Type

10.2.5 Europe Hot Melt Adhesives Market Breakdown by Application

10.2.5.1 Europe Hot Melt Adhesives Market Revenue and Forecasts and Analysis – By Application

10.2.6 Europe Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries

10.2.6.1 Europe Hot Melt Adhesives Market Breakdown by Country

10.2.6.2 Germany Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.2.1 Germany Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.2.2 Germany Hot Melt Adhesives Market Breakdown by Type

10.2.6.2.3 Germany Hot Melt Adhesives Market Breakdown by Application

10.2.6.3 France Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.3.1 France Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.3.2 France Hot Melt Adhesives Market Breakdown by Type

10.2.6.3.3 France Hot Melt Adhesives Market Breakdown by Application

10.2.6.4 Italy Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.4.1 Italy Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.4.2 Italy Hot Melt Adhesives Market Breakdown by Type

10.2.6.4.3 Italy Hot Melt Adhesives Market Breakdown by Application

10.2.6.5 UK Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.5.1 UK Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.5.2 UK Hot Melt Adhesives Market Breakdown by Type

10.2.6.5.3 UK Hot Melt Adhesives Market Breakdown by Application

10.2.6.6 Russia Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.6.1 Russia Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.6.2 Russia Hot Melt Adhesives Market Breakdown by Type

10.2.6.6.3 Russia Hot Melt Adhesives Market Breakdown by Application

10.2.6.7 Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.2.6.7.1 Rest of Europe Hot Melt Adhesives Market Breakdown by Product Type

10.2.6.7.2 Rest of Europe Hot Melt Adhesives Market Breakdown by Type

10.2.6.7.3 Rest of Europe Hot Melt Adhesives Market Breakdown by Application

10.3 Asia Pacific Hot Melt Adhesives Market

10.3.1 Overview

10.3.2 Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

10.3.3 Asia Pacific Hot Melt Adhesives Market Breakdown by Product Type

10.3.3.1 Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Product Type

10.3.4 Asia Pacific Hot Melt Adhesives Market Breakdown by Type

10.3.4.1 Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Type

10.3.5 Asia Pacific Hot Melt Adhesives Market Breakdown by Application

10.3.5.1 Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Application

10.3.6 Asia Pacific Hot Melt Adhesives Market Breakdown by Country

10.3.6.1 Asia Pacific Hot Melt Adhesives Market Breakdown by Country

10.3.6.2 Australia Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.2.1 Australia Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.2.2 Australia Hot Melt Adhesives Market Breakdown by Type

10.3.6.2.3 Australia Hot Melt Adhesives Market Breakdown by Application

10.3.6.3 China Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.3.1 China Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.3.2 China Hot Melt Adhesives Market Breakdown by Type

10.3.6.3.3 China Hot Melt Adhesives Market Breakdown by Application

10.3.6.4 India Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.4.1 India Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.4.2 India Hot Melt Adhesives Market Breakdown by Type

10.3.6.4.3 India Hot Melt Adhesives Market Breakdown by Application

10.3.6.5 Japan Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.5.1 Japan Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.5.2 Japan Hot Melt Adhesives Market Breakdown by Type

10.3.6.5.3 Japan Hot Melt Adhesives Market Breakdown by Application

10.3.6.6 South Korea Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.6.1 South Korea Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.6.2 South Korea Hot Melt Adhesives Market Breakdown by Type

10.3.6.6.3 South Korea Hot Melt Adhesives Market Breakdown by Application

10.3.6.7 Rest of Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.3.6.7.1 Rest of Asia Pacific Hot Melt Adhesives Market Breakdown by Product Type

10.3.6.7.2 Rest of Asia Pacific Hot Melt Adhesives Market Breakdown by Type

10.3.6.7.3 Rest of Asia Pacific Hot Melt Adhesives Market Breakdown by Application

10.4 Middle East and Africa

10.4.1 Middle East and Africa Hot Melt Adhesives Market Overview

10.4.2 Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.4.3 Middle East and Africa Hot Melt Adhesives Market Breakdown by Product Type

10.4.3.1 Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Product Type

10.4.4 Middle East and Africa Hot Melt Adhesives Market Breakdown by Type

10.4.4.1 Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Type

10.4.5 Middle East and Africa Hot Melt Adhesives Market Breakdown by Application

10.4.5.1 Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts and Analysis – By Application

10.4.6 Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries

10.4.6.1 Middle East and Africa Hot Melt Adhesives Market Breakdown by Country

10.4.6.2 South Africa Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.4.6.2.1 South Africa Hot Melt Adhesives Market Breakdown by Product Type

10.4.6.2.2 South Africa Hot Melt Adhesives Market Breakdown by Type

10.4.6.2.3 South Africa Hot Melt Adhesives Market Breakdown by Application

10.4.6.3 Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.4.6.3.1 Saudi Arabia Hot Melt Adhesives Market Breakdown by Product Type

10.4.6.3.2 Saudi Arabia Hot Melt Adhesives Market Breakdown by Type

10.4.6.3.3 Saudi Arabia Hot Melt Adhesives Market Breakdown by Application

10.4.6.4 UAE Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.4.6.4.1 UAE Hot Melt Adhesives Market Breakdown by Product Type

10.4.6.4.2 UAE Hot Melt Adhesives Market Breakdown by Type

10.4.6.4.3 UAE Hot Melt Adhesives Market Breakdown by Application

10.4.6.5 Rest of Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.4.6.5.1 Rest of Middle East and Africa Hot Melt Adhesives Market Breakdown by Product Type

10.4.6.5.2 Rest of Middle East and Africa Hot Melt Adhesives Market Breakdown by Type

10.4.6.5.3 Rest of Middle East and Africa Hot Melt Adhesives Market Breakdown by Application

10.5 South and Central America

10.5.1 South and Central America Hot Melt Adhesives Market Overview

10.5.2 South and Central America Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.5.3 South and Central America Hot Melt Adhesives Market Breakdown by Product Type

10.5.3.1 South and Central America Hot Melt Adhesives Market Revenue and Forecasts and Analysis – By Product Type

10.5.4 South and Central America Hot Melt Adhesives Market Breakdown by Type

10.5.4.1 South and Central America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Type

10.5.5 South and Central America Hot Melt Adhesives Market Breakdown by Application

10.5.5.1 South and Central America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Application

10.5.6 South and Central America Hot Melt Adhesives Market Revenue and Forecasts and Analysis - By Countries

10.5.6.1 South and Central America Hot Melt Adhesives Market Breakdown by Country

10.5.6.2 Brazil Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.5.6.2.1 Brazil Hot Melt Adhesives Market Breakdown by Product Type

10.5.6.2.2 Brazil Hot Melt Adhesives Market Breakdown by Type

10.5.6.2.3 Brazil Hot Melt Adhesives Market Breakdown by Application

10.5.6.3 Argentina Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.5.6.3.1 Argentina Hot Melt Adhesives Market Breakdown by Product Type

10.5.6.3.2 Argentina Hot Melt Adhesives Market Breakdown by Type

10.5.6.3.3 Argentina Hot Melt Adhesives Market Breakdown by Application

10.5.6.4 Rest of South and Central America Hot Melt Adhesives Market Revenue and Forecasts to 2030 (US$ Million)

10.5.6.4.1 Rest of South and Central America Hot Melt Adhesives Market Breakdown by Product Type

10.5.6.4.2 Rest of South and Central America Hot Melt Adhesives Market Breakdown by Type

10.5.6.4.3 Rest of South and Central America Hot Melt Adhesives Market Breakdown by Application

11. Impact of COVID-19 Pandemic on Global Hot Melt Adhesives Market

11.1 Pre & Post Covid-19 Impact

12. Competitive Landscape

12.1 Heat Map Analysis By Key Players

12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview

13.2 Mergers & acquisition

13.3 Product Launch

13.4 Collaboration

14. Company Profiles

14.1 H.B. Fuller Company

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Henkel AG & COMPANY, KGAA

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Arkema

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 3M

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Sika AG

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Jowat SE

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Hexcel Corporation

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 The Dow Chemical Company

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Beardow Adams

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Gorilla Glue Company

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

List of Tables

Table 1. Global Hot Melt Adhesives Market Segmentation

Table 2. Global Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Table 3. Global Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – Product Type

Table 4. Global Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – Type

Table 5. Global Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – Application

Table 6. North America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 7. North America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 8. North America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 9. US Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 10. US Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 11. US Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 12. Canada Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 13. Canada Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 14. Canada Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 15. Mexico Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 16. Mexico Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 17. Mexico Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 18. Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 19. Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 20. Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 21. Germany Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 22. Germany Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 23. Germany Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 24. France Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 25. France Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 26. France Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 27. Italy Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 28. Italy Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 29. Italy Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 30. UK Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 31. UK Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 32. UK Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 33. Russia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 34. Russia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 35. Russia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 36. Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 37. Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 38. Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 39. Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – Product Type

Table 40. Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – Type

Table 41. Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 42. Australia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 43. Australia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 44. Australia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 45. China Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 46. China Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 47. China Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 48. India Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 49. India Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 50. India Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 51. Japan Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 52. Japan Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 53. Japan Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 54. South Korea Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 55. South Korea Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 56. South Korea Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 57. Rest of Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 58. Rest of Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 59. Rest of Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 60. Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 61. Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 62. Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 63. South Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 64. South Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 65. South Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 66. Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 67. Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 68. Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 69. UAE Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 70. UAE Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 71. UAE Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 72. Rest of Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 73. Rest of Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 74. Rest of Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 75. South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 76. South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 77. South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 78. Brazil Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 79. Brazil Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 80. Brazil Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 81. Argentina Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 82. Argentina Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 83. Argentina Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

Table 84. Rest of South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Product Type

Table 85. Rest of South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Type

Table 86. Rest of South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million) – By Application

List of Figures

Figure 1. Global Hot Melt Adhesives Market Segmentation, By Country

Figure 2. Global Hot Melt Adhesives Market – Porter’s Analysis

Figure 3. Ecosystem: Global Hot Melt Adhesives Market

Figure 4. Market Dynamics: Global Hot Melt Adhesives Market

Figure 5. Global Hot Melt Adhesives Market Impact Analysis of Drivers and Restraints

Figure 6. Global Hot Melt Adhesives Market Revenue (US$ Million), 2020 – 2030

Figure 7. Global Hot Melt Adhesives Market Share (%) – Product Type, 2022 and 2030

Figure 8. Glue Sticks Market Revenue and Forecasts To 2030 (US$ Million)

Figure 9. Glue Slugs Market Revenue and Forecasts To 2030 (US$ Million)

Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)

Figure 11. Global Hot Melt Adhesives Market Share (%) –Type, 2022 and 2030

Figure 12. Ethylene Vinyl Acetate Market Revenue and Forecasts To 2030 (US$ Million)

Figure 13. Polyolefins Market Revenue and Forecasts To 2030 (US$ Million)

Figure 14. Polyamides Market Revenue and Forecasts To 2030 (US$ Million)

Figure 15. Polyurethanes Market Revenue and Forecasts To 2030 (US$ Million)

Figure 16. Styrene Block Copolymers Market Revenue and Forecasts To 2030 (US$ Million)

Figure 17. Others Market Revenue and Forecasts To 2030 (US$ Million)

Figure 18. Global Hot Melt Adhesives Market Share (%) –Application, 2022 and 2030

Figure 19. Packaging Market Revenue and Forecasts To 2030 (US$ Million)

Figure 20. Construction Market Revenue and Forecasts To 2030 (US$ Million)

Figure 21. Automotive Market Revenue and Forecasts To 2030 (US$ Million)

Figure 22. Furniture Market Revenue and Forecasts To 2030 (US$ Million)

Figure 23. Footwear Market Revenue and Forecasts To 2030 (US$ Million)

Figure 24. Electronics Market Revenue and Forecasts To 2030 (US$ Million)

Figure 25. Others Market Revenue and Forecasts To 2030 (US$ Million)

Figure 26. Global Hot Melt Adhesives Market Breakdown by Geography, 2022 and 2030

Figure 27. North America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 28. North America Hot Melt Adhesives Market Breakdown by Product Type (2022 and 2030)

Figure 29. North America Hot Melt Adhesives Market Breakdown by Type (2022 and 2030)

Figure 30. North America Hot Melt Adhesives Market Breakdown by Application (2022 and 2030)

Figure 31. North America Hot Melt Adhesives Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 32. US Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 33. Canada Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 34. Mexico Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 35. Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 36. Europe Hot Melt Adhesives Market Breakdown by Product Type (2022 and 2030)

Figure 37. Europe Hot Melt Adhesives Market Breakdown by Type (2022 and 2030)

Figure 38. Europe Hot Melt Adhesives Market Breakdown by Application (2022 and 2030)

Figure 39. Europe Hot Melt Adhesives market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 40. Germany Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 41. France Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 42. Italy Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 43. UK Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 44. Russia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 45. Rest of Europe Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 46. Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 47. Asia Pacific Hot Melt Adhesives Market Breakdown by Product Type (2022 and 2030)

Figure 48. Asia Pacific Hot Melt Adhesives Market Breakdown by Type (2022 and 2030)

Figure 49. Asia Pacific Hot Melt Adhesives Market Breakdown by Application (2022 and 2030)

Figure 50. Asia Pacific Hot Melt Adhesives Market Breakdown By Key Countries, 2022 And 2030 (%)

Figure 51. Australia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 52. China Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 53. India Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 54. Japan Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 55. South Korea Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 56. Rest of Asia Pacific Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 57. Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 58. Middle East and Africa Hot Melt Adhesives Market Breakdown by Product Type (2022 and 2030)

Figure 59. Middle East and Africa Hot Melt Adhesives Market Breakdown by Type (2022 and 2030)

Figure 60. Middle East and Africa Hot Melt Adhesives Market Breakdown by Application (2022 and 2030)

Figure 61. Middle East and Africa Hot Melt Adhesives Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 62. South Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 63. Saudi Arabia Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 64. UAE Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 65. Rest of Middle East and Africa Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 66. South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 67. South and Central America Hot Melt Adhesives Market Breakdown by Product Type (2022 and 2030)

Figure 68. South and Central America Hot Melt Adhesives Market Breakdown by Type (2022 and 2030)

Figure 69. South and Central America Hot Melt Adhesives Market Breakdown by Application (2022 and 2030)

Figure 70. South and Central America Hot Melt Adhesives Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 71. Brazil Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 72. Argentina Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 73. Rest of South and Central America Hot Melt Adhesives Market Revenue and Forecasts To 2030 (US$ Million)

Figure 74. Heat Map Analysis By Key Players

Figure 75. Company Positioning & Concentration

The List of Companies - Hot Melt Adhesives Market

  1. H.B. Fuller Company
  2. Henkel AG & Company KGaA
  3. Arkema
  4. 3M
  5. Sika AG
  6. Jowat SE
  7. Hexcel Corporation
  8. The Dow Chemical Company
  9. Beardow Adams
  10. Gorilla Glue Company

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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