Scope of the Study
Hot-melt glues are defined as the form of thermoplastic adhesive which is usually sold as solid cylindrical sticks of various diameters. Some of the features of hot melt glue sticks are heat resistant, water-resistant, impact-resistant, moisture resistant, vibration resistant, among others. It is used in various applications such as packing, transportation, fiber & garment, woodworking, construction, and others.
The market study is being classified, by Application (Packing, Transportation, Fiber & Garment, Woodworking, Construction and Other) and major geographies with country level break-up.
3M (United States), Kenyon Group Limited (United Kingdom), Tex Year Industrial Adhesives Pvt Ltd (India), Cattie Adhesives (United States), UHU GmbH & Co. KG (Germany), Power Adhesives Ltd (United Kingdom), Stanley Black & Decker, Inc. (United States), Bostik (United States), FPC Corporation (United States) and Adhesive Technologies, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are PAM Fastening Technology (United States), Buhnen (Germany), Hot Stick Adhesives (United States), Gluefast (United States), Wickes (United Kingdom) and Anhui Goldmen Industry & Trading (China).
The global hot melt glue sticks market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the major players operating in this market are 3M (United States), Kenyon Group Limited (United Kingdom), among others. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Hot Melt Glue Sticks market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Hot Melt Glue Sticks market by Type, Application and Region.
On the basis of geography, the market of Hot Melt Glue Sticks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase Usage of Hot Melt Glue Sticks in Wide Range of Applications
- Increasing Spending Power in Developing Economies
- Technology Advancement regarding Hot Melt Glue Sticks
- Problem related to Difficulty in Usage on Hard-To-Bond Substances
- Growing Demand from Emerging Economics such as China, India, among others
- Volatility in Raw Material Prices as well as Lower Thermal Resistance
- Issue related to maintaining a Balance among the Cost of Production and Selling Price
Key Target AudienceHot Melt Glue Sticks Companies, Research and Development Companies, Government Regulatory Authorities, Product Sales and Distribution Companies, Market Research and Consulting Firms and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase