The CoPolyester Hot Melt Adhesives and Resins industry's essential commercial information and a wide geographic distribution were analysed to develop Emergen Research's Global CoPolyester Hot Melt Adhesives and Resins Market Research Report. The study offers thorough coverage of the qualitative and quantitative analysis of the CoPolyester Hot Melt Adhesives and Resins Market, as well as important statistical information about the market. The research study provides up-to-date projections through 2022 as well as historical data from 2018 to 2019. The research also analyses well-known and up-and-coming market participants, giving a general description of the firm, its product line, business partnerships, and expansion plans.
According to the most recent research by Emergen Research, the global market for copolyester hot melt adhesives and resins had a value of USD 356.68 million in 2022 and is predicted to grow quickly, with a revenue CAGR of 7.1%. Growing consumer interest in environmentally friendly alternatives, increased demand from the automotive and packaging industries, technological advancements in product design for copolyester hot melt adhesives and resins, and rising demand from the packaging industry and other applications in the automotive sector are all major factors influencing market revenue growth.
Hot melt adhesives and resins made from copolyester copolymer polymers are among the most popular kinds of synthetic resins. Depending on their composition and design, these polymers allow for the creation of resins and adhesives with a variety of physical characteristics and performance requirements. Adhesives manufactured of hotmelt copolyester are solid at room temperature, liquefy when heated, and solidify once again when cooled. These adhesives, which are thermoplastic and totally non-volatile, can tolerate high temperatures and have a high chemical tolerance to the movement of water and plasticizers. Bostik, for example, produces its own copolyester polymers and can provide hotmelt copolyester adhesives in a range of forms for all application methods.
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Competitive Terrain:
The global CoPolyester Hot Melt Adhesives and Resins industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
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
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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.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global CoPolyester Hot Melt Adhesives and Resins market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the CoPolyester Hot Melt Adhesives and Resins market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global CoPolyester Hot Melt Adhesives and Resins market.
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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
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global CoPolyester Hot Melt Adhesives and Resins Market report:
- The latest report comprehensively studies the global CoPolyester Hot Melt Adhesives and Resins market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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