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Pulished Date September, 2020
ID: 10127
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Europe Hot Melt Adhesives Market is segmented by Type (SBC, APAO, MPO, EVA, Polyolefins, Polyamides, Polyurethanes), Application (Nonwoven Hygiene Products, Packaging Solutions, Bookbinding, Furniture & Woodwork) & By Region – Forecast to 2025

Pulished: September, 2020
ID: 10127
Pages: 150

Europe Hot-Melt Adhesives Market Analysis Report Until 2025.

Europe Hot-Melt Adhesives Market is expected progress with a compound annual growth rate (CAGR) of 5.5% in the outlook period owing to its high demand in the packaging industry.

Recent Developments

  • Sika completed the acquisition of Egypt’s market leader in waterproofing and roofing systems.

  • Jowat Se has announced that it will come up with sustainable bonding with packaging hot melt adhesives as it is an essential component for modern packaging.

  • Henkel joined the U.S plastic pact and is committed to achieving circular economy goals by the end of 2025.

Drivers and Restraints of the Europe Hot-melt adhesives market

Rising demands in personal care and hygiene products is a driving factor to promote the Hot-melt adhesives industry in the European region as it widely used in the packaging industry and with the pandemic, the packaging industry is one of the few which has grown. The COVID-19 pandemic has skyrocketed the demands for sanitation products as a preventive measure for the virus. Bio-based adhesives are also in demand in the European region owing to the strict environmental policies imposed by the EU. Hot melt adhesives are also used in industrial products such as the construction of corrugated boxes and in recent times this has been one of the growth factors of the regional business.

The hot-melt adhesives technique is extremely useful and is growing at a high rate but at the same time, it is costly and this volatility in the price is a major restraint for the growth of the industry in the European region. The industry also is expected to invest a lot into research and development to keep improving the quality of the polymers to meet the standard demands which are in line with the environmental regulations. The availability of raw material can also hinder local market growth.

Europe Hot-Melt Adhesives Market has been segmented into the following categories as per the research report.

On the basis of Type

  1. SBC
  2. APAO
  3. MPO
  4. EVA
  5. Polyolefins
  6. Polyamides
  7. Polyurethanes

On the basis of Application

  1. Nonwoven Hygiene Products
  2. Packaging Solutions
  3. Bookbinding
  4. Furniture
  5. Woodwork

Hygiene products market has grown rapidly in the European region. More people are inclined towards buying these goods amidst the COVID-19 pandemic. The packaging sector has flourished in these times and as a consequence, the Hot-melt adhesives industry has also gained a lot.

The Healthcare industry has also flourished as this comes with a high demand for industrial, safe, and environment-friendly packaging. The furniture industry is also a major player contributing to the demand for hot melt adhesives as it is used extensively in circuit and logic boards.

Geographical overview and regional presence:

In Europe, Germany is the biggest construction and production market for hot melt adhesives. On top of that, it has been investing aggressively in the healthcare sector. Over 350 million Euros have been spent on the healthcare sector. This has triggered a huge demand for the packaging sector. With the demand in the packaging sector, hot melt adhesives benefit a lot as the packaging industry is heavily dependent on the hot melt adhesives for the complete production.

There are several market players that are asserting to the dominance in the hot-melt adhesives market in Europe, some of the big names in the area are:

  1. Jowat SE

  2. Arkema Group

  3. Henkel AG & Co.

  4. Sika AG

  5. DOW

Impact of COVID-19 on the European Hot-melt adhesives Market:

COVID-19 has exposed severe challenges for the hot melt adhesives market by impacting the architectural, industrial, and wooden sectors. Major economies of Europe are affected due to the pandemic as it was the early hotspot for the pandemic. The Hot-melt adhesives market, however, saw substantial growth in this period owing to the increasing demand for the packaging industry. In addition to this, increased awareness of personal hygiene and self-care products boosted the demands during this period. European countries spent a huge amount of money in the healthcare sector in order to fight the virus, and this led to a huge demand for safe packaging and bio-based products. Hot melt adhesives industries are one of the few industries which witnessed growth during this pandemic in Europe.

Europe Hot-Melt Adhesives Market

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of by resign,by  region, along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. EUROPE Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

  2. EUROPE Hot Melt Adhesives Market By Application, From 2020-2025 ( USD Billion )

  3. Europe Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

  4. Europe Hot Melt Adhesives Market By Application, From 2020-2025 ( USD Billion )

  5. Europe Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

  6. Europe Hot Melt Adhesives Market By Application, From 2020-2025 ( USD Billion )

  7. Europe Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

  8. Europe Hot Melt Adhesives Market By Application, From 2020-2025 ( USD Billion )

  9. Europe Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

  10. Europe Hot Melt Adhesives Market By Application, From 2020-2025 ( USD Billion )

  11. Europe Hot Melt Adhesives Market By Type, From 2020-2025 ( USD Billion )

 

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