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 report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global CoPolyester Hot Melt Adhesives and Resins market drivers and restraints market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global CoPolyester Hot Melt Adhesives and Resins market drivers and restraints market.
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.
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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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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