The Global Polyester Hot Melt Adhesives Market was valued at $420.4 Million in 2020. Growing at a high CAGR of more than 7.52% between 2021 and 2031, it is estimated to reach $950.1 Million by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased demand from the packaging industry will help to accelerate the growth of the market during the forecasted period.
Global Polyester Hot Melt Adhesives Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Polyester Hot Melt Adhesives Market has been segmented into applications. so on the basis of application Global Polyester Hot Melt Adhesives Market has been divided into Packaging, Textiles & Fabrics, Automotive, Electrical & Electronics, Polymer films & foils, Others.
Request a Sample Copy of Report
By Region, Asia Pacific Is Holding The Major Market Share
The Global Polyester Hot Melt Adhesives Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, Asia Pacific Global Polyester Hot Melt Adhesives Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. The constant demand from the fabrics and the textiles industry along with the presence of automotive, large packaging, and electronic sectors has led this region dominates the market during the forecasted period. Besides this Europe is also going to witness remarkable growth during the forecasted period.
Major Players in Global Polyester Hot Melt Adhesives Market
Some of the major players in the Global Polyester Hot Melt Adhesives Market include Worthen Industries, Costchem Srl, Sika AG, Eastman Chemical Company, Evonik Industries, Bostik SA, 3M Company, Toagosei Co., Ltd., Nihon Matai Co., Ltd., Nippon Gohsei, Hunter-Men Plastics Products Co., Ltd., SK Chemicals, Toyobo, Sipol SpA, Wenzhou Huate Hot-Melts Co., Ltd.
Scope of the Report:
Report Coverage |
Details |
||
Base Year: |
2020 |
Market Size in 2020: |
US$ 420.4 Million |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
7.52% |
2031 Value Projection: |
US$ 950.1 Million |
Segments covered: |
By Application – Packaging, Textiles & fabrics, Automotive, Electrical & electronics, Polymer films & foils, others. |
||
Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
||
Companies covered: |
Worthen Industries, Costchem Srl, Sika AG, Eastman Chemical Company, Evonik Industries, Bostik SA, 3M Company, Toagosei Co., Ltd., Nihon Matai Co., Ltd., Nippon Gohsei, Hunter-Men Plastics Products Co., Ltd., SK Chemicals, Toyobo, Sipol SpA, Wenzhou Huate Hot-Melts Co., Ltd. |
The Global Polyester Hot Melt Adhesives Market Has Been Segmented Into:
Global Polyester Hot Melt Adhesives Market, By Application
Global Polyester Hot Melt Adhesives Market, By Country
Customization options available to meet your custom research requirements :