According to the latest market report published by Future Market Insights (FMI) titled “Hot Melt Adhesives Market: Global Industry Analysis and Opportunity Assessment 2015-2025”, the hot melt adhesives market is expected to be valued at US$ 5.4 Bn in 2015 and expand at a CAGR of 5.2% from 2015 to 2025, accounting for US$ 8.9 Bn by 2025.
Hot Melt Adhesives, also known as hot glue are thermoplastic in nature. Hot Melt Adhesives are composed of solvent free compounds which are used to develop a strong and flexible bond between the materials. They are found as solids at room temperature and are thermoplastic in nature. These adhesives are first melt, cooled and then applied on the surface to give the perfect finish.