Industry News

GIA’s Report Predicts Global Market for Hot Melt Adhesives to Reach USD 4.65 B by 2017

Published on 2011-11-14. Author : SpecialChem

GIA (Global Industry Analysts Inc) Releases comprehensive global report on Hot Melt Adhesives titled "Hot Melt Adhesives: A Global Strategic Business Report". The report provides comprehensive review of industry and product overview, trends and issues, product innovations, recent industry activity and profiles of market players worldwide. An analysis and overview is provided for the major markets like North America, Japan, Europe, Asia-Pacific and Rest of World. Major end-users analyzed comprise Packaging, Non-Rigid Bonding, Woodworking and Others. The study also provides an insight into market evolution over the period 2003 through 2008.

North America rules the global scenario as the single largest market for hot melt adhesives, as stated by the new market research report on Hot Melt Adhesives. Environmental regulations and extensive consumer acceptance has made hot melt adhesives a feasible option in the adhesives market in the US. The Asia-Pacific market represents smaller share of the global market, but is expected to display prospective for rapid growth and development. The need to comply with rigorous environmental regulations is expected to push demand for hot melt adhesives in the region. The HMA market in Asia-Pacific is expected to see fast track growth at a CAGR of 5.5% through 2017. Packaging captures largest share of the global HMA market. Other end-use markets are also expected to lead the growth in future.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms..

Written By : Specialchem Editorial Team
Based on information displayed on http://www.prweb.com

The Chemicals Sales & Marketing Toolbox
Channel Alerts

Receive weekly digests on hot topics

Back to Top