Hot-melt Adhesives (HMA) mention to a solid formulation that is based on the thermoplastic polymer that remain solids under average temperature but turn into liquid when they are inflamed above their softening point upon solidification, and they restore to a physical state with solidification, they return to an actual form with structural value and can function as an adhesive. According to BlueQuark Research and Consulting, the global Hot-Melt Adhesive market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing packaging sector are primarily catalyzing the need for hot melt adhesives for sealing, labeling corrugated boxes, assembling, paperboard, & other packaging products is expected to drive the Hot-melt Adhesives market in the forecasted period. Further, the surging awareness regarding personal hygiene is likely to boost the demand for nonwoven products like diapers & female hygiene products, which is projected to drive the Hot-melt Adhesives market growth in the forecasted period. Furthermore, Hot-Melt Adhesives are used in woodworking as general-purpose adhesives for wooden bonding substrates in furniture, which is predicted to propel the global market growth in the forecasted period. However, the thermal load of the substrate, restricting use to substrates not sensitive, loss of bond strength at higher degrees, and complete melting of the adhesive are awaited to impact Hot-Melt Adhesives market growth in the forecasted period.

Hot Melt Adhesive are utilized in the packaging sector, such as carton closing, sealing, and pallet stabilization. It also offers a surface application on various materials or wide demand for a DIY application, including woodwork, craft, paper & plastic packaging.

The packaging and nonwoven product applications are the most dominant consumer of hot melt Adhesives market globally and are anticipated to drive the future market. Increasing hot glue adhesives in the packaging industry for various applications such as sealing boxes and cartons for food and general consumer packaging is propelling the market growth. Unlike their Solvent or water-based counterparts, hot-melt adhesives do not want drying or curing. They can be required in their molten state and, accordingly, can be bonded instantly after the application, giving them the distinct advantage of faster processing times in various applications, including packaging. An exceptionally high proportion of all industrial outcomes are sold in packaging due to stability requirements for storage and transport or aesthetic reasons. The growth in replacing other adhesive technologies with hot-melt adhesives owing to their superior characteristics such as high heat resistance, high tensile strength, and high utilization in the automotive industry further influences the market. PUR hot melt offers a stronger adhesion and cures better than traditional hot melts, making it a skillful choice in the rising industrial packaging industry. HMA meets extreme challenges and thus is highly preferred in the packaged industry. It is used in closing the flaps of corrugated boxes and paperboard cartons in the packaging industry. Many electronic device manufacturers use HMA to affix parts and wires to insulate and protect the components. The changing lifestyle has also increased consumer awareness of nonwoven textile products such as baby diapers, sanitary pads, and adult diapers. It is driven by the changes in consumer demographics, especially in the aging, infant, and female population. The rising adoption of customized and flexible packaging in the food and beverages sector also drives the demand for hot-melt adhesives.

The Asia Pacific dominated the hot melt adhesive market across the globe, with the most significant consumption from countries such as China, India & Japan. The adoption of bio-based hot-melt adhesives is likely to act as an opportunity. The ethylene-vinyl acetate segment dominated the market & is expected to witness a healthy growth rate in the forecast period due to the increasing demand from the paper, board & packaging industry across the globe. Application of hot-melt adhesives ranges from corrugated & laminated printed sheets used for all types of consumer products & to the promotion of large industrial tubes & cores. Hot-melt adhesives are also used for assembling car seat covers & carpets, thereby experiencing high demand in the automobile industry. The increasing demand for fully assembled & laminated furniture is also augmenting the market for these products, rising infrastructure development across various emerging economies, such as India, China, Vietnam, etc. It is further propelled using hot-melt adhesives for binding ceramics, wood panels, flooring materials& engineered plastics. The advent of the PUR technology has directed the introduction of advanced product variants that provide high heat resistance, UV protection, & superior binding strength, positively impacting the market growth. The rising demand for solvent-free, bio-based, and enhanced properties-based hot melt adhesives for packaging solutions, disposable hygiene products, furniture & woodwork, automotive & transportation, and footwear is expected to boost global hot melt adhesives market expansion during the forecast period.

Some market's key players are Henkel AG & Co. KGaA, Arkema Group, H.B. Fuller Company, Dow, Jowat Corporation, Sika AG, Avery Dennison Corporation, and 3M.

August 2021, A policy was signed by Arkema for the accession of Ashland's performance adhesives business, a first-class leader in high-performance adhesives for industrial applications in the United States, with an excellent and creative product.

In June 2021, H.B. Fuller announced a distribution of agreement with Jubilant Agri and Consumer Products Limited (JACPL), a 100% subsidiary of Jubilant Industries Limited, to deal with the rising demand for adhesive applications in the B2B woodworking segment.

Global Hot-melt Adhesive Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Hot-melt Adhesive Market by segmenting based on Resin Type (Ethylene Vinyl Acetate, Styrenic Block Copolymers, Thermoplastic Polyurethane, Others), Application (Packaging, Automotive, Furniture and Woodworking, Others), End-user (Packaging Solutions, Non-woven Hygiene Products, Furniture & Woodwork, Bookbinding, Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.