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 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 product design of copolyester hot melt adhesives and resins are key factors driving market revenue growth.
The research report provides an in-depth evaluation of the Global CoPolyester Hot Melt Adhesives and Resins market drivers and restraints Market and helps the market participants intensify their footprints in the industry. The report gives a detailed analysis concentrated on the critical market dynamics such as drivers, restraints, trends, and growth opportunities to assist businesses to prepare for any challenges they might encounter in the forecast period.
These polymers enable 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, creates and manufactures its own copolyester polymers and can offer hotmelt copolyester adhesives in a variety of forms for every application method.
Flexible food and medical packaging, can coatings, and metallized paper packaging all benefit from saturated copolyester resins. They can also be used as raw ingredients or additives in various flexible packaging applications, including foiled primer, pre-print priming, printing ink, overprint varnish, and foil coatings. Adhesives have only recently begun to contain Polyurethane (PUR) foam and other copolyesters, which are extensively used in packaging, woodwork, and shoes. They are more stronger and flexible than traditional hot melt adhesives and resistant to a wide range of heat conditions, making them ideal for substrates that are challenging to bind. However, one of the significant challenges hindering market revenue growth is high costs of copolyester hot melt adhesives and resins, stringent government regulations as well as lack of standardization. Purchase of air-cleaning equipment is now mandated by law to maintain compliance with acceptable emission levels. Flame bonding of PUR foam becomes considerably more expensive when maintenance and
The major companies Covered 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.
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How will the CoPolyester Hot Melt Adhesives and Resins Market, 2022 to 2030 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2030 for CoPolyester Hot Melt Adhesives and Resins Market, 2023 to 2030 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2030 for four regional and 20 key national markets – See forecasts for the CoPolyester Hot Melt Adhesives and Resins Market, 2023 to 2030 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the CoPolyester Hot Melt Adhesives and Resins Market, 2022 to 2030.
North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa are listed as the regions segmented (MEA). Based on regional analysis, it is predicted that the Asia-Pacific region will grow at the fastest rate from 2023 to 2030. The introduction of non-fungible tokens in the area is just one of several recent developments that can be linked to the region's explosive growth. The non-fungible token is gaining acceptance in a number of Asia-Pacific nations, including China, India, and Japan. On the other hand, in terms of regional segmentation, North America raked in the most money from the non-fungible token market. The region is expected to experience market growth due to an increase in digital art, robust development, and cryptocurrency adoption.
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Emergen Research has segmented the global copolyester hot melt adhesives and resins market based on application, distribution channel, and region:
- 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
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- China
- India
- Japan
- South Korea
- Rest of APAC
- Brazil
- Rest of LATAM
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
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Key highlights of this research 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 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.
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