Hot Melt Adhesives Market | 2022 Research Report Analysis, Future Innovations, Growth Elements, and Recent Development
The global hot melt adhesives market size is expected to reach USD 9,702.2 million by 2027, exhibiting a CAGR of 5.3% during the forecast period. The growing need for advanced products coupled with favorable government policies are factors expected to aid expansion of the global market, states Fortune Business Insights, in a report, titled “Hot Melt Adhesives Market Size, Share & COVID-19 Impact Analysis, By Raw Material (Ethylene Vinyl Acetate (EVA), Polyolefin, Styrenic Block Copolymers (SBC), Polyurethane (PU), Polyester, and Others), By Application (Packaging, Assembly, Woodworking, Transportation, Building & Construction, Footwear & Leather, Nonwovens, Bookbinding, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 6,745.2 million in 2019.
Increasing Application of Hot Melt Adhesives to Enable Speedy Expansion
The increasing application of HMAs owing to its advantages such as high productivity induced by process automation, a wide https://www.fortunebusinessins....ights.com/industry-r