Global CoPolyester Hot Melt Adhesives and Resins Market Forecast to 2030
The global copolyester hot melt adhesives and resins market size was USD 356.68 million in 2022 and is expected to register a rapid revenue CAGR of 7.1% during the forecast period, according to the latest analysis by Emergen Research. Rising demand from the packaging industry and automotive applications and rising consumer interest towards sustainable ecological alternatives, as well as technological advancements in the product design of copolyester hot melt adhesives and resins, are key factors driving market revenue growth.
The top competitors in the market, their goals for business expansion, and their development strategies are all closely examined in the CoPolyester Hot Melt Adhesives and Resins Market report. The archive encourages businesspeople to look up information about potential customers and places where they might be located. The review, which only highlights the greatest sellers, can help entrepreneurs find potential customers and discover more about their local market.
One of the most common types of synthetic resins, copolyester hot melt adhesives and resins, are built from copolyester polymers. These polymers enable the development of resins and adhesives with various but distinct physical properties and performance specifications, depending on their composition and design. Adhesives made of hotmelt copolyester are solid at ambient temperature, liquefy when heated, and solidify again when cooled. They are thermoplastic adhesives that are entirely non-volatile, can withstand high temperatures, and have a high chemical tolerance to water and plasticizer movement. Companies, such as Bostik, create and manufacture their own copolyester polymers and can offer hotmelt copolyester adhesives in a variety of forms for every application method.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the CoPolyester Hot Melt Adhesives and Resins market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Bostik, Henkel Corporation, H.B. Fuller Company, ROWAK AG, Guangzhou Wei Wang Hot Melt Adhesive Technology Co., Ltd., 3M, Dow Inc., Avery Dennision Corporation, Sika AG, and Eastman Chemical Company
Research Report on the CoPolyester Hot Melt Adhesives and Resins Market Addresses the Following Key Questions:
- Who are the dominant players of the CoPolyester Hot Melt Adhesives and Resins market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the CoPolyester Hot Melt Adhesives and Resins market?
- What are the key growth drivers and restraining factors of the CoPolyester Hot Melt Adhesives and Resins market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the CoPolyester Hot Melt Adhesives and Resins market and its key segments?
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Some Key Highlights From the Report
- The E-Commerce platforms segment accounted for largest revenue share in 2021. Consumers are turning to e-commerce websites to purchase from a large selection of options and take advantage of offers and discounts to avoid the inconvenience of physical shopping. E-commerce is changing the way that people buy and sell baby products, including training diapers. E-commerce websites have several benefits over other types of sales channels, in terms of product accessibility, affordability, transportation patterns, and many other important elements. This trend has been further intensified by the outbreak of pandemic. Consumers started to gravitate toward internet buying as a result of self-quarantine and social isolation practices. In addition, growth is also being supported by presence of numerous major international packaging companies, including Amcor, International Paper Company, and Crown Holdings, among many others, which significantly drives revenue growth of this segment.
- The automotive segment is expected to register a steadily fast revenue growth rate during the forecast period. Majority of decorative fabrics used for interior trim elements, with exception of carpets, are made of polyester. They are more comfortable when the back is filled with upholstery material, while preferred material is polyurethane foams due to its high resilience. From a quality, ecological, and financial standpoint, it is beneficial to replace flame-bonded PUR construction with thermoplastic copolyester adhesives and nonwoven fabrics. In the upcoming years, thermoplastic copolyester adhesives will become more prevalent in automotive applications. Copolyesters are well-liked goods even in price-sensitive markets due to their great cost/performance ratio. The synergistic effect of nonwoven structures made of polyester fibers makes recycling easier, provides opportunities to lower disposal costs as well as ensure environment-friendly standards of developing automotive parts and foam, which is expected to drive revenue growth of this segment.
- The Europe market accounted for a significant revenue share in 2021. This is attributed to rising product launches by major companies in terms of product development of various types of products made of copolyester hot melt adhesives and resins, government regulations on sustainable packaging using biodegradable thermoplastic copolyester reins as well as increased funding and partnerships between major companies introduced by the government.
Market Overview:
The report bifurcates the CoPolyester Hot Melt Adhesives and Resins market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Application Outlook (Revenue, USD Million; 2019-2030)
- Packaging
- Textiles & Fabrics
- Automotive
- Electrical & Electronics
- Polymer Films & Rolls
- Others
- Distribution Channel Outlook (Revenue, USD Million; 2019-2030)
- Retailers
- E-Commerce Platforms
- Others
- Regional Outlook (Revenue, USD Million; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
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Regional Landscape section of the CoPolyester Hot Melt Adhesives and Resins report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global CoPolyester Hot Melt Adhesives and Resins market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for CoPolyester Hot Melt Adhesives and Resins with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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