#Ethylene Vinyl Acetate Market Outlook

[poojascmi]

Global Ethylene Vinyl Acetate Market Is Estimated To Witness High Growth Owing To Increasing Demand for Sustainable Packaging Solutions

The global Ethylene Vinyl Acetate (EVA) Market is estimated to be valued at USD 1,349.71 million in 2021 and is expected to exhibit a CAGR of 4.89% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Ethylene Vinyl Acetate (EVA) is a copolymer of vinyl acetate and ethylene, which gives it excellent flexibility, clarity, impact resistance, and low-temperature properties. EVA is widely used in various industries such as packaging, automotive, footwear, solar panels, and agriculture. Its advantages include excellent adhesion, low-temperature flexibility, good toughness, and filling properties. The growing need for sustainable packaging solutions and the increasing demand for EVA-based products are key factors driving the market growth. B) Market Key Trends: One key trend in the global EVA market is the increasing demand for sustainable packaging solutions. With the rising awareness about environmental issues and the need to reduce plastic waste, there is a growing demand for eco-friendly packaging materials. EVA-based films and sheets are widely used in the packaging industry due to their excellent properties such as transparency, flexibility, and recyclability. For instance, EVA films are extensively used in food packaging applications as they provide a barrier against moisture, oxygen, and UV light, thereby extending the shelf life of the packaged products. C) PEST Analysis: Political: There are no significant political factors impacting the EVA market. Economic: The economic growth in developing countries is driving the demand for EVA-based products in various industries. Social: The increasing awareness about environmental issues is leading to a shift towards sustainable packaging solutions. Technological: Technological advancements in EVA production processes and product innovation are driving market growth. D) Key Takeaways: - The Global Ethylene Vinyl Acetate Market Size is expected to witness high growth, exhibiting a CAGR of 4.89% over the forecast period. The increasing demand for sustainable packaging solutions is driving market growth. - Asia Pacific is the fastest-growing and dominating region in the EVA market, owing to the rapid industrialization and growing demand from industries such as packaging, automotive, and footwear. - Key players operating in the global EVA market include Arlanxeo, Asia Polymer Corporation, Benson Polymers Limited, Braskem, Celanese Corporation, Clariant AG, Dow, ExxonMobil Corporation, Hanwha Solutions/Chemical Corporation, Innospec Inc., LyondellBasell Industries Holdings BV, Repsol, Sipchem, SK Global, Sumitomo Chemical Co. Ltd, and Tosoh Corporation. In conclusion, the global Ethylene Vinyl Acetate (EVA) market is expected to witness significant growth due to the increasing demand for sustainable packaging solutions. The market is driven by the advantages offered by EVA, such as flexibility, impact resistance, and low-temperature properties. Asia Pacific is the fastest-growing region due to rapid industrialization and high demand from various industries. Key players in the market are focused on technological advancements and product innovation to stay competitive in the market.

[industryinsightsandanalysis]

Hyperelastic Material Market is expected to display a steady growth of 4% due to the rise in aeronautical

According to a new report published by UnivDatos Markets Insights, the Hyperelastic Material Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Type (Ethylene Vinyl Acetate, Thermoplastic Polyurethane, Butadiene Rubber, Silicon, and Others); Application (Home Bedding, Aerospace, Construction, Railway, Automobile, Oil & Gas, and Others); Region/Country.

The hyperelastic material market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the hyperelastic material market. The hyperelastic material market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the hyperelastic material market at the global and regional levels.

Market Overview

Hyperelastic material or green elastic material is a type of constitutive model for ideally elastic material for which the stress-strain relationship derives from a strain energy density function. The hyperelastic material is a special case of a Cauchy elastic material. In addition, hyperelastic materials exhibit highly nonlinear stress-strain relationships. When tension is applied, the material softens and hardens again, but when pressure is applied, the hyperelastic material becomes very stiff. For example, Mooney-Rivlin rubber can be used extensively to manufacture complex-shaped components. The high deformability and ability to absorb vibrations, as well as the low cost-to-weight ratio, provide growth opportunities for market players.

Factors such as the economic prosperity of the population and environmental benefits & implementation of stringent governmental policies for the use of hyperelastic materials, and product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include ExxonMobil Corporation, The Dow Chemical Company, LG Chem, Sumitomo Chemical Co. Ltd., Braskem, REPSOL S.A., CLARIANT AG, LyondellBasell Industries Holdings B.V., Mitsui Chemicals America Inc., and BASF SE.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the industries industry and has transformed the way industries are delivered. The hyperelastic material market has been significantly affected during these times owing to the delay in the adoption of green elastic material during the pandemic.

The global hyperelastic material market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on type, the market is segmented into ethylene vinyl acetate, thermoplastic polyurethane, butadiene rubber, silicon, and others. The butadiene rubber category is expected to witness the highest CAGR during the forecast period owing to its use to manufacture products such as tires, scrap tubes, adhesives, roll covers, hoses, gaskets, etc. Additionally, the demand for butadiene rubber is high worldwide. Also, butadiene rubber exhibits high elasticity, excellent tensile strength, tear resistance, and excellent flex properties at low temperatures, making it ideal for a wide variety of applications

Based on application, the hyperelastic material market has been classified into home bedding, aerospace, construction, railway, automobile, oil & gas, and others. The automobile category is likely to witness significant adoption of hyperelastic material during the forecast period. This is mainly because of the high level of flexibility required under heavy loads for long periods of time. Also, hyperelastic properties help define foam behavior, while viscoelastic properties are used to assess the effects of shear stress within the deformable body of an automobile seat. Furthermore, the manufacturing of high-quality tires with different characteristics such as low rolling resistance and excellent heat resistance is increasing the demand for hyperelastic material in the automobile industry

Hyperelastic Material Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for the automobile coupled with the growing disposable income, urbanization, and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, the wide expanse of applications along with growth in the construction, railway, automobile, oil & gas sector is further expected to support the market growth. In addition, the constant development of the industries along with growth in consumption further accelerates the hyperelastic material market growth in the region. Also, major players in the market continue to invest in various types of hyperelastic manufacturing. For instance, WACKER acquires a 60 percent stake in specialty silane manufacturer SICO Performance Material Company to further expand the share of high-margin specialties in our silicone business worldwide.

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The major players targeting the market include

ExxonMobil Corporation

The Dow Chemical Company

LG Chem

Sumitomo Chemical Co. Ltd.

Braskem

REPSOL S.A.

CLARIANT AG

LyondellBasell Industries Holdings B.V.

Mitsui Chemicals America Inc.

BASF SE

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the hyperelastic material market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the hyperelastic material market?

• Which factors are influencing the hyperelastic material market over the forecast period?

• What are the global challenges, threats, and risks in the hyperelastic material market?

• Which factors are propelling and restraining the hyperelastic material market?

• What are the demanding global regions of the hyperelastic material market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

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[tamanna31]

Hot Melt Adhesives 2021 Industry Analysis, Company Profiles And Industrial Overview Research Report | Forecast 2028

Hot Melt Adhesives Industry Overview

The global hot melt adhesives market size was valued at USD 7.37 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028.

Increasing usage of hot glue adhesives in the packaging industry for various applications such as sealing of boxes and cartons for food and general consumer packaging is propelling the market growth. Hot melt adhesives (HMAs) offer adhesion to a wide variety of materials and surfaces, such as fabric, papers, ceramic, metal, cardboard, and plastics, which makes them suitable for DIY applications. Although DIY is leading in developed economies such as North America and Europe, it is a relatively new concept. The DIY applications include craft, general goods packaging, and wood working.

Gather more insights about the market drivers, restrains and growth of the Hot Melt Adhesives Market

The U.S. is a prominent manufacturer and consumer of hot melt adhesives. The product demand increased drastically on account of the lockdown that occurred due to the COVID-19 outbreak. The shutdown led to the growth of e-commerce product delivery services, which augmented both production and consumption activities as hot melt adhesives are widely used in the packaging of parcel boxes.

However, the manufacturing companies faced a shortage in supply of raw materials, such as additives, polymers, and resins, as there was a hike in prices owing to the disruptions caused by the pandemic. The impact of the pandemic was not limited to the raw material side but had an adverse effect on the end-use industries.

Increasing demand for bio-based hot melt adhesives in the U.S. owing to their sustainability is driving the market. For instance, Jowat, a company engaged in manufacturing adhesives, has introduced products made from renewable raw materials, which has received certification from the United States Department of Agriculture (USDA), particularly for the North American market.

Growing construction activities and renovation of the existing buildings are propelling the demand for hot melt adhesives owing to their multiple applications, including the installation of floors, carpets, ceramic tiles, and glasses. The usage of HMA increases the aesthetic appearance of the floor compared to staples and nails.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global water cut monitors market size was estimated at USD 247.5 million in 2023 and growing at a CAGR of 5.1% from 2024 to 2030. 

The global tensiometer market size was estimated at USD 148.5 million in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2030.

Segments Covered in the Report

This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global hot melt adhesives market report on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Ethylene-vinyl Acetate (EVA)

Polyurethane

Rubber

Polyolefin

Others

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Packaging

Assembly

Woodworking

Automotive

Nonwovens

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Central & South America

Brazil

Colombia

Argentina

Middle East & Africa

GCC

Key Companies & Market Share Insights

The major companies operating in the market are primarily focusing on regional expansion, mergers & acquisitions, and high profit-margin segments. For instance, in September 2021, Meridian Adhesives Group, a leading manufacturer and formulator of water-based and hot-melt adhesives and coatings, had acquired Prime Blend LLC.

In addition, in October 2020, Pidilite Industries Ltd. had acquired Huntsman Group’sIndian subsidiary Huntsman Advanced Materials Solutions Private Limited (HAMSPL) worth USD 257 million (rupees 2,100 crores) with an aim to expand its product offering for do-it-yourself (DIY) consumer adhesives business. This enables the company to leverage the market growth. Some prominent players in the global hot melt adhesives market include:

Henkel AG & Co. KGaA

H.B. Fuller Company

Dow

Sika AG

Jowat SE

Arkema Group

Ashland

3M

Avery Dennison Corporation

Beardow Adams

Order a free sample PDF of the Hot Melt Adhesives Market Study, published by Grand View Research.

[blueweave8]

India Butyl Acrylate Market Outlook, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Butyl Acrylate Market size by value at USD 432.99 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size to expand at a CAGR of 7.85% reaching a value of USD 534.03 million by 2030. The Butyl Acrylate market in India is propelled by the increasing application as a solvent in the paints and coatings, as well as adhesive and sealants sectors, predominantly within the expanding construction and automotive industries. India has witnessed a rising trend in residential and commercial development in recent years, driven by increasing investments and evolving lifestyles. Also, butyl acrylate plays a crucial role as an ingredient in pressure-sensitive adhesives, widely employed by the textile and construction sectors. Its presence in PVC modifiers and molding or extrusion additives further enhances its application in the plastics sector. With the upswing in construction activities and infrastructure development, there is an anticipated surge in demand for commodities like paints & coatings and plastics, consequently boosting the overall demand for butyl acrylate over the forecast period.

By volume, BlueWeave estimated the India Butyl Acrylate Market size at 261.66 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size by volume is projected to grow at a CAGR of 7.01% reaching the volume of 301.09 thousand tons by 2030. The increasing use of butyl acrylate in the production of thermoplastic ethylene acrylate copolymers (EAC), containing up to 35% butyl acrylate, stands out as pivotal factor contributing to market expansion. The combination of butyl acrylate with other monomers, such as vinyl acetate, methyl methacrylate, acrylic acid, styrene, and other acrylate ester monomers, opens up possibilities for diverse copolymer compositions.

Sample Request @ https://www.blueweaveconsulting.com/report/india-butyl-acrylate-market/report-sample

Opportunity – Expanding automotive industry

The expanding automotive industry in India is anticipated to drive the need for butyl acrylate. The compound plays a crucial role in polymer manufacturing, specifically contributing to the production of car dashboards and leather seats. Additionally, butyl acrylate serves as a key component in the production of sealants, utilized in various automotive applications such as within the trunk, hood, doors, front dash, and on both the interior and exterior metal joints of vehicles. The global surge in motor vehicle production stands as a significant factor contributing to the anticipated growth of the butyl acrylate market in the coming years.

Impact of Escalating Geopolitical Tensions on India Butyl Acrylate Market

Increasing geopolitical tensions can have a multifaceted impact on the India Butyl Acrylate Market. The surge in upstream values, particularly crude oil, is exerting pressure on downstream derivatives, thereby elevating inflationary concerns for consumers. Butyl acrylate prices in the domestic market have responded with buoyancy, driven by multiple elements contributing to these fluctuations. A substantial driver for this upward trajectory is the notable increase in crude oil values, impacting critical feedstocks like n-Butanol and Acrylic Acid. The exponential rise in crude oil prices is a consequence of global uncertainties, with low inventories in the USA driving up spot prices of Brent. Simultaneously, geopolitical tensions between Russia and Ukraine have further heightened global contract purchases. Additionally, increased consumption in China, post-easing of the dual energy policy and winter Olympics-related restrictions, has influenced the overall pricing dynamics for crude oil globally. Also, heightened demand fundamentals for Butyl Acrylate in the downstream derivative segment contribute to the overall upward price trend in the Indian market.

India Butyl Acrylate Market

Segmental Information 

India Butyl Acrylate Market – By Application

On the basis of application, the India Butyl Acrylate Market is divided into Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, and Textiles segments. The paints & coatings segment holds the highest share in the India Butyl Acrylate Market by application closely followed by the adhesive & sealants segment. It is primarily due to their growing applications in the construction and automotive industries. Additionally, the rising trend of substituting old coatings with water-based alternatives in combination with the increased usage of adhesives further contributes to the sustained leadership of these industries in the market.

India Butyl Acrylate Market – By Region

Geographically, the India Butyl Acrylate Market is divided into North India, South India, East India, and West India regions. West India holds the highest market share and is expected to maintain its dominance during the forecast period. Its dominance is attributed to key consumption in states like Gujarat and Maharashtra, driven by prominent companies, such as Asian Paints. Until FY2022, India relied on imports to meet the demand for butyl acrylate.

Competitive Landscape

The India Butyl Acrylate Market is fragmented, with numerous players serving the market. The key players dominating the India Butyl Acrylate Market include Bharat Petroleum Corporation Limited, BASF, Vizag Chemical, Dhalop Chemicals, Dow, Arkema, Otto Chemie Pvt Ltd, KR Chemicals, and LG Chem. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market. 

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

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[david843346]

Hot Melt Adhesives Market: Global Demand Analysis & Opportunity Outlook 2035

Research Nester’s recent market research analysis on “Hot Melt Adhesives Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global hot melt adhesives market in terms of market segmentation by type, product, application, and by region.

Growing DIY Activities to Promote Global Market Share of Hot Melt Adhesives

The global hot melt adhesives market is estimated to grow majorly on account of the increased interest in DIY crafts and creativity and rising use of adhesives in the construction industry. During a pandemic, many people engaged in DIY crafts, and some are even looking for fresh ideas on social media. In general, the diycrafts hashtag has been the most popular for 2020, with a month-over-month increase this year. Hot melt adhesives are generally used for bonding in DIY crafts. Hot melt adhesives' distinct qualities make them ideal for bonding and sealing in a variety of construction applications, including flooring installation, panel bonding, window and door assembly, and others. As a result, growing construction activity will propel market expansion.

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Besides this, the rising benefit of hot melt adhesives over normal adhesives, the rising use of packaging frozen industry, and the increasing popularity of bio-based adhesives are one of the major factors to augment the market growth. In frozen food, a special hot adhesive is employed to keep the package sealed even at freezing temperatures. It keeps moisture out and maintains frozen food quality. Moreover, hot melt adhesives are utilised in various sorts of food packaging, including cartons, sachets and pouches, tetra packs, and frozen meals. In addition to this, bio-based adhesives are becoming more used in the automotive sector for a variety of components such as door panels, dashboards, carpeting, and others.

Some of the major growth factors and challenges that are associated with the growth of the global hot melt adhesives market are:

Growth Drivers:

Surging Need for Packaging in Food Industry

Rising Popularity of DIY Crafts

Challenges:

Hot melt adhesives have poor mechanical properties are some of the major factors anticipated to hamper the global market size of hot melt adhesives. Hot melt adhesives possess poor capacity for bonding and do not perform well at high temperatures, making them unsuitable for a variety of applications. Because these adhesives are designed for specified temperatures, when they are subjected to extremely hot temperatures, the bond strength fails and the mechanical qualities deteriorate. On the other hand, the presence of other adhesives in the market and the incompatibility of hot melt adhesives with various substrates is likely to hinder the market growth. These adhesives do not blend well with substrate that has low surface energy, including polyethylene and polypropylene. Such surfaces require additional treatment to bond with hot melt adhesives, this adds complexity and cost to the overall bonding process.

By product, the global hot melt adhesives market is segmented into ethylene-vinyl acetate and rubber. The ethylene-vinyl acetate segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. Ethylene-vinyl acetate has several uses, including woodworking, papermaking, and the automotive industry which is boosting the segment growth. As ethylene vinyl acetate adhesive is largely used to provide strength and stiffness to paper packaging, the growing need for recycled packaging, particularly paper packaging, considerably contributes to sector growth. Paper packaging is the most important segment of the recycled materials market, accounting for over 65% of all recycled packaging.

By region, the Asia Pacific hot melt adhesives market is to generate the highest revenue by the end of 2035. China is the world's largest producer of footwear, accounting for more than half of total worldwide shoe manufacturing. Furthermore, Wenzhou, China, today boasts over 4,000 shoe companies and produces more than 1 billion shoes every year. Expanding footwear production is propelling market expansion. Hot melt adhesives are widely used in the footwear business for securing the soles and insoles, glue the lining materials, and securing decorative material to the footwear.

Access our detailed report at: https://www.researchnester.com/reports/hot-melt-adhesives-market/4998

[jayanthitbrc]

Global Mulch Films Market Overview – Market Growth Analysis And Key Drivers

The Mulch Films Global Market Report 2023, provides comprehensive information on the mulch films market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Mulch Films Market’s Growth:

As per The Business Research Company’s Mulch Films Global Market Report 2023, the global mulch films market size is expected to grow from $3.99 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mulch films market size is expected to reach $5.71 billion in 2027 at a CAGR of 7.2%.

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Product innovations are a key trend gaining popularity in the mulch films market. Major companies operating in the mulch films market are developing new products to strengthen their position in the market. For instance, in Feb 2020, Novamont S.p.A, an Italy-based company operating in mulch films launched MATER-BI bioplastic, used for the production of soil-biodegradable mulch films in compliance with European standard UNI EN17033 has been certified to comply with the AIAB Technical Means specification. This product would aim to guarantee all farmers and professional users products that have been compatible with the environment and will meet technical and ethical sustainability requirements and capable of use under different environmental conditions and on crops having many different cycles with excellent agricultural results. Due to its biodegradability in soil MATER-BI film ad does not need to be recovered and disposed of at the end of the cultivation cycle, and left in the soil where it is biodegraded by microorganisms, and helping to reduce plastic waste production and preserve the soil from pollution by plastics.

The mulch films market is segmented:

1) By Product Type: Non-Biodegradable, Biodegradable

2) By Material Type: Polyethylene, Polypropylene, Polyvinyl Chloride, Polylactic Acid /Polyhydroxyalkanoates, Polybutylene Succinate, Ethylene-Vinyl Acetate, Other Bio-Based Material

3) By Application: Agriculture, Horticulture

Asia-Pacific was the largest region in the mulch films market in 2022.

The table of contents in TBRC’s mulch films market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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[esgdatainrate]

Hot Melt Equipment Outlook, Geographical Segmentation, Industry Size & Share, Comprehensive Analysis to 2031

The global hot melt equipment market size was valued at $1,491.2 million in 2020, and is expected to reach $2,822.9 million by 2030, with a CAGR of 6.4% from 2021 to 2030. The hot melt equipment are used for assembly and packaging of products in electronics, food & beverage, automobile and other industries. The coils in the glue guns and bench top heat up using electricity. These coils further heat the glue and melts them to semi-liquid form, which can be further applied on the spots that are to be joined and packed for assembly or logistic purpose.

The hot melt equipment market is majorly driven by rapid growth of e-commerce industry and logistic industry. The global e-commerce industry witnessed growth from around $400 million in 2010 to about $3,400 million in 2020. This has led to increase in demand for hot melt equipment for packaging and logistic purposes. Moreover, low prices of commonly used adhesives drives the market. Polyethylene prices used for the hot melt adhesive have considerably fallen since the last few years as the production cost and manufacturing technology has developed. Owing to reduced prices, the demand for adhesives and hot melt equipment for the packaging applications has increased.

The global hot melt equipment market is segmented on the basis of product type, glue material, end user, and region. Based on product type, the market is divided into glue gun and bench top. The bench top segment holds a major share in the market. Based on glue material, the market is divided into polyurethane, polypropylene, ethylene-vinyl acetate and other. The polyurethane segment holds a major Industry in the market. Based on end user, the hot melt equipment market industry is divided into electronics, food & beverages, medical, automotive and others. The food & beverages segment holds a major share in the market.

Region wise, the global hot melt equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global hot melt equipment market share, and LAMEA is anticipated to secure a leading position during the forecast period.

Competition Analysis

The major players profiled in the hot melt equipment market include 3M, Banseok Precision Industry Co.Ltd., Glue Machinery Corporation, Graco Inc., Henkel AG & Co. KGaA, ITW Dynatec, Nordson Corporation, Robatech AG, Twin Engineers Pvt. Ltd. and Valco Cincinnati Inc.

Major companies in the market have adopted product launch, agreement, partnership and business expansion as their key developmental strategies to offer better products and services to customers in the market.

Full Report With TOC:-https://www.alliedmarketresearch.com/hot-melt-equipment-market-A12942

[supremeblossoms]

Supreme PMB(Elastomeric) Market Overview, Size, Share, Trend, Growth and Outlook

Polymer Modified Bitumen (PMB) is a type of bitumen that has been enhanced with the addition of polymers to improve its properties and performance. Bitumen is a black, sticky, and highly viscous material obtained from crude oil during the refining process. It is commonly used in the construction industry for road surfacing, waterproofing, and various other applications.

The addition of polymers to bitumen enhances its characteristics, making it more suitable for specific purposes. The polymers used in PMB can be either thermoplastic or elastomeric. Some common types of polymers used for modification include styrene-butadiene-styrene (SBS), styrene-butadiene rubber (SBR), ethylene-vinyl acetate (EVA), and polyethylene.

The key advantages of Polymer Modified Bitumen include:

Improved elasticity and flexibility: PMB has higher elongation and recovery properties, making it more resilient to temperature-induced stress and deformation, particularly in regions with extreme weather conditions.

Enhanced strength and durability: The addition of polymers improves the fatigue resistance and overall mechanical properties of bitumen, resulting in longer-lasting pavements and structures.

Better resistance to cracking and rutting: PMB reduces the risk of cracking and rutting, which are common issues in traditional bitumen pavements.

Increased resistance to water damage: PMB exhibits improved water resistance, reducing the potential for damage caused by water infiltration and increasing the lifespan of pavements.

Better adhesion: PMB has superior bonding properties, allowing it to adhere well to different aggregates and surfaces, which is crucial for road construction.

Higher temperature susceptibility: The use of PMB can expand the temperature range in which bitumen remains workable, making it easier to handle during construction.

Read more@ https://supremebituchem.com/

PMB is commonly used in road construction for asphalt mixtures, such as hot mix asphalt (HMA) and warm mix asphalt (WMA). It is also used in various other applications, including waterproofing membranes, bridge deck coatings, and airport runways.

[researchinenergyandpower]

The global solar encapsulation market is projected to reach USD 7.2 billion by 2028 from an estimated USD 4.9 billion in 2023, at a CAGR of 8.0% during the forecast period.

The growing use of electronic devices in emergency, off-grid, and automotive applications will benefit the solar encapsulation generator business. This report segments the solar encapsulation market based on materials into Ethylene-vinyl Acetate (EVA), Polyvinyl Butyral (PVB), Polydimethylsiloxane (PDMS), Ionomer, Polyolefin, Thermoplastic Polyurethane (TPU). EVA is an incredibly inexpensive material compared to alternative encapsulants, making it readily accessible and a clear choice for solar cell manufacturers aiming for widespread adoption. EVA forms strong bonds with both the glass cover and the back sheet of the solar module, creating a secure and stable environment for the delicate solar cells inside. Though the recycling of solar panels is still in its early stages, EVA possesses properties that make it potentially recyclable at the end of the module’s life, contributing to a more sustainable solar industry.

[kritikapatil]

Flip Flops Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

Latest added Flip Flops Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are

Adidas AG (Germany)

C & J Clark International Limited (United Kingdom)

Crocs, Inc. (United States)

Deckers Outdoor Corporation (United States)

Fat Face Limited (United Kingdom)

Crocs, Inc. (United States)

Ipanema Shoe Corp. (United States)

Kappa Deutschland GmbH (Germany)

Nike Inc. (United States)

Roxy Inc. (United States)

Sketchers USA Inc. (United States)

Tory Burch LLC (United States)

PUMA SE (Germany)

Reebok International Ltd. (United States)

Converse Inc. (United States)

Other

Flip flops are casual form of footwear consist of Y-shaped strap with flat sole. Growing demand of fashionable, trendy yet comfortable flip flops amongst all age groups, rising adoption of western trend, availability at reasonable price and increasing online and retail platforms are the key growth factors of flip flops market.

Influencing Trend: Rising Inclination towards Western Trend

Emphasizing on Comfortable Flip Flops

Challenges: Increasing Dominance of Local Manufacturers

Opportunities: Emerging Retail and Online Platforms

Increasing Disposable Income in Emerging Economies

Market Growth Drivers: Growing Acceptance for both Indoor and Outdoor Usage

 Affordable Prizing of the Product

Changing Lifestyle Standard

The Global Flip Flops segments and Market Data Break Down by Type (Ethylene-vinyl acetate (EVA), Polyvinyl chloride (PVC), Rubber flip-flops, Others), Application (Men, Woman, Kids), Distribution Channel (Online Retail, Offline Retail)

Presented By

AMA Research & Media LLP

[marketwatchpune]

Canada Freight Forwarding Market Global Production, Growth, Share, Demand and Applications Forecast to 2030

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[my-123]

Hot Melt Adhesives Market Global Industry Overview and Competitive Landscape till 2032

The global hot melt adhesives market is anticipated to create a lucrative growth opportunity in the global landscape by registering a CAGR of 5.3%. from 2022 to 2032. The market is expected to reach a valuation of US$ 7,562.9 Million by the end of 2022 and is predicted to reach US$ 12,675.7 Million by 2032.

These factors are likely to drive the global hot melt adhesives market in the upcoming decade. As per FMI, the market is estimated to exhibit a CAGR of 5.3% from 2022-2032. Over the historical period, the global hot melt adhesives market witnessed a CAGR of 4.8% between 2014 to 2021.

The manufacturing activities have been reduced and significant reduction has been witnessed in the product capacities, part-time shifts, as well as introduction of automated production machinery, let manufacturers improve their market positions.

These aforementioned factors are expected to drive the hot melt adhesives market during the forecast period. Several regulatory bodies including the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) and the Environmental Protection Agency (EPA) are expected to take more steps in order to limit the use of solvent-based adhesives which helps in reducing their negative impacts on the environment.

Key Companies Profiled:

Arkema

Avery Dennison Corporation

Beardow & Adams (Adhesives) Ltd.

DOW Inc.

HB Fuller Company

Henkel AG & Co. KGaA

Jowat Se

Sika AG

Tex Year Industries Inc.

Adhesive Direct UK

Adtek Malaysia SDN BHD

Buhnen GmbH & Co. Kg

Cherng Tay Technology Co., Ltd.

Evonik Industries AG

Competitive Landscape

In order to elevate their annual turnover and fortify their market positions worldwide, leading manufacturers in the market are purchasing small-scale market players. To efficiently meet the rising demand and thrive in the highly competitive market, key participants are also concentrating on mergers and expansion activities.

Request a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1184

Hot Melt Adhesives Market Outlook by Category

By Polymer Base:

Ethylene Vinyl Acetate

Polyolefin

Polyamide

Styrenic Block Copolymers

Polyurethane (PU)

Others

By End Use:

Packaging Solutions

Disposable Hygiene Products

Furniture & Woodwork

Automotive & Transportation

Footwear

Textile

Electronics

Bookbinding

Others

More Insights into the Hot Melt Adhesives Market

The U.S. is anticipated to dominate the global hot melt adhesives market owing to the presence of various dominant manufacturers in the North American region. In addition to that, the increasing adoption of advanced technology in the U.S. would also contribute to the growth in the hot melt adhesives market in the country.

The U.S. packaging industry is expected to be a key driver of market expansion owing to the presence of leading packaging manufacturers in the region.

China is the second largest market in the East Asia hot melt adhesives market attributed to the rapid expansion of various end-use industries. Owing to the rising demand from sectors, including footwear, packaging, disposable hygiene products, textile chemicals, and automotive & transportation, China is projected to showcase considerable growth.

Browse latest Market Reports@  https://www.futuremarketinsights.com/category/chemicals-and-materials