Market Overview:

Hot Melt Adhesives, also known as hot glue are thermoplastic in nature. They are used for creating a strong molecular attraction between the materials. These adhesives are applied in their molten state and then solidify after cooling. Hot melt adhesives are known for their non-toxic and ecofriendly nature. They are of five types namely ethylene vinyl acetate, polyolefin, polyamide, polypropylene and polyurethane hot melt. Ethylene vinyl acetate hot ... Read more

In India, the net national disposable income was INR 80,472.32 billion ($ 1,129.47 billion) in 2011–2012, which rose to INR 15,2454.82 billion ($2,139.78 billion) in 2017–2018, according to the Reserve Bank of India. This increase in the disposable income has also resulted in a surge in the spending power of consumers, which, in turn, has led to a high demand for different products, such as footwear, clothing, and electronics. These products make use of hot melt adhesives; for example, in ... Read more

Key Takeaways:

The Hot Melt Adhesives Market is witnessing significant growth driven by its widespread applications across various industries. Key takeaways from the market indicate a rising demand for hot melt adhesives due to their superior bonding strength, fast curing time, and versatility in application. Industries such as packaging, automotive, construction, and woodworking rely heavily on hot melt adhesives for efficient bonding solutions. Additionally, the market is ... Read more