Hot melt adhesive, which is also known as hot glue, is a form of a thermoplastic adhesive. It can be made from a variety of materials, polyester resin being one of the materials. The Polyester resin can be made from reacting of dicarboxylic acid with a diol. Polyester hot melt adhesives provide moisture resistance and longevity. These are mostly used in adhesion of fabrics because of the compatibility and flexibility with fabrics. Polyester Hot Melt Adhesive provides high tensile strength and also performs at high temperature.
MARKET DYNAMICS
The increase in the demand from the packaging industry is driving the polyester hot melt adhesive market. In order to support the demand of flexible packaging in food and beverage sector as well as the demand from food deliveries and e-commerce is increasing the demand for polyester hot melt adhesive. The advancement in technologies and packaging material has increased the demand for corrugated packaging in the food and beverage sector, which drives the polyester hot melt adhesive market.
MARKET SCOPE
The "Global Polyester Hot Melt Adhesive Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyester hot melt adhesive market with detailed market segmentation by application and geography. The global polyester hot melt adhesive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyester hot melt adhesive market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Polyester Hot Melt Adhesive Market is segmented on the basis of application. On the basis of application, the market is segmented into packaging, textile and fabrics, automotive, electrical and electronics, polymer films and foils and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyester hot melt adhesive market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyester hot melt adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyester hot melt adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyester hot melt adhesive market in these regions.
MARKET PLAYERS
The reports cover key developments in the polyester hot melt adhesive market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyester hot melt adhesive market are anticipated to lucrative growth opportunities in the future with the rising demand for polyester hot melt adhesive in the global market. Below mentioned is the list of few companies engaged in the polyester hot melt adhesive market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyester hot melt adhesive market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bostik
- Avery Dennison Corporation
- Sika AG
- Worthen Industries
- Costchem S.r.l.
- Evonik Industries
- Toagosei Co., Ltd
- Nihon Matai Co., Ltd.
- SK chemicals
- Toyobo
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.