World Hot Melt Adhesives market
This report analyzes the worldwide markets for Hot Melt Adhesives in Millions of US$. The major End use application markets analyzed are Packaging, Non-Rigid Bonding, Woodworking, and Other Applications.The report provides separate comprehensive analytics for the North America, Japan, Europe, Asia–Pacific, and and Rest of World. Annual forecasts are provided for each region for the period of 2006 through 2015.The report profiles 164 companies including many key and niche players worldwide such as 3M Corporation, Adhesive Technologies, Inc., Alfa International Corporation, American Chemical, Inc., Ashland, Inc., Ashland Specialty Chemicals, Avery Dennison Corporation, Beardow & Adams (Adhesives) Limited, Bemis Associates, Inc., Bostik, Inc., Capital Adhesives, Costchem srl, Cytec Industries Inc., Daubert Chemical Company, Inc., Dow Automotive, Dow Corning Corporation., Dynea Oy, Evans Adhesive Corporation, Ltd., Forbo, H.B. Fuller Company, Henkel Adhesive Technologies, Hexcel Corporation, Hexion Specialty Chemicals, Inc., Hot Melt Technologies, Inc., Huntsman Corporation, Jowat Corporation, Loctite Corporation, LORD Corporation, Rohm and Haas Company, Tex Year Industries, Inc., Toyobo Co., Ltd., Wisdom Adhesives, and Worthen Industries, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.
HOT MELT ADHESIVES
A GLOBAL STRATEGIC BUSINESS REPORT MCP-1794
CONTENTS
I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Hot Melt Adhesives I-3
End-Use Applications I-3
Packaging I-3
Non-Rigid Bonding I-3
Woodworking I-4
Other Applications I-4
II. EXECUTIVE SUMMARY
1. Industry Overview II-1
Introduction II-1
Market Overview II-1
Current and Future Analysis II-1
Global Adhesives Market II-1
Table 1: Global Adhesives Market (2007): Percentage
Breakdown of Volume Consumption by Geographic Region - North
America, Japan, Europe, Asia-Pacific, and Rest of World
(includes corresponding Graph/Chart) II-2
2. Trends and Issues II-3
Surging Usage of Hot Melt Adhesives II-3
Temperature Application: Most Significant Aspect in Hot Melt
Adhesives II-3
PURHMs Evolve as a Solution to Textile Laminators II-3
Hot Melt Adhesives Addressing Myriad Requirements II-4
3. Product Overview II-5
Definition and Differentiation II-5
Thermoplastics II-5
Hot Melt Adhesives Classified by Base Raw-Material II-6
Acrylic Adhesives II-6
Acrylic Emulsion Adhesives II-6
Acrylic Pressure Sensitive Adhesives II-7
Ethylene Acrylic Acid Adhesives II-7
Polyamide based Adhesives II-7
Saturated Polyester based Adhesives II-7
Polyolefin based Adhesives II-7
Ethylene Vinyl Acetate II-7
Polypropylene II-8
Polyethylene II-8
Polyurethane based Adhesives II-8
Thermoplastic Rubber based Adhesives (Styrene Block Copolymers) II-9
Other Major Hot Melt Types Classified by Base Raw Material II-9
Bitumen based Adhesives II-9
Epoxy Adhesives II-9
Polyisobutylene based Adhesives II-9
Polyvinyl Acetal based Adhesives II-10
Polyvinyl Acetate based Adhesives II-10
Polyvinyl Chloride based Adhesives II-10
Basic Ingredients II-10
Polymers II-10
Plasticizers II-11
Tackifying Resins II-11
Antioxidants II-11
Waxes II-11
Physical and Chemical Characteristics of HMA II-11
Viscosity II-11
Oxidative Tendency II-12
180 Peel Adhesion and Peel Adhesion Failure Temperature II-12
Shear Adhesion Failure Temperature II-12
Loop Tack Level II-12
Softening Point (flow temperature) II-12
Tensile Force II-12
Elongation-at-Break II-12
Yield Point II-12
Young’s Modulus II-12
Flexibility II-12
Toughness II-12
Thermal Stability II-13
VOC Emissions II-13
Forms of Hot Melt Adhesives II-13
Dispensing Systems and Applicator Systems II-13
Industries and End-Use Applications II-13
Packaging II-13
Tapes and Labels II-14
Lamination II-14
Non-Rigid Bonding II-14
Bookbinding II-14
Footwear II-14
Non-woven/Hygiene II-14
Woodworking II-15
Other Applications II-15
Automotive II-15
Product Assembly II-15
Textiles II-15
Graphic Arts II-15
Competitive Advantages II-15
Limitations II-16
4. Product Launches/Developments II-17
Wisdom Launches PolyTak II-17
Ashland Develops Anti-Blushing Adhesives II-17
Idemitsu to Launch New Functional Chemicals II-17
Power Adhesives Launches Adhesive Solution Tecbond 265 II-17
Dexco Launches SIS Block Copolymers II-17
Arkema Unveils 100% Bio-based Adhesive II-18
National Adhesives Announces Launch of ULTRA-MELT 85 II-18
National Adhesives Unveils New EASY-PACÔ X Adhesive II-18
National Adhesives Launches New PSA II-18
Huntsman Launches New Range of Polyurethanes Adhesives II-19
Kraton Polymers Introduces New Label Grade Kraton SIBS Polymer II-19
guegunsdirect.com Launches New Range of Tecbond Hot Melt
Adhesives II-19
Degussa Introduces New Copolyamide Hot-Melt Adhesive Line II-19
Bostik Launches HM4289 and HM4289LV Hot Melt Adhesives II-19
National Adhesives Launches ETI-MELT™ 396 Adhesive II-20
Sanyo Launches YI-MELT II-20
Beardow Adams Launches EcoBlock II-20
Dow Corning Launches HM-2510 Assembly Sealant II-20
US Based Inventors Develop Reactive Hot Melt Adhesive II-21
Hot Melt Technologies Launches the Benchmark® 205-LV2 II-21
Inventors From Japan Develop Method to Produce Hot-Melt
Adhesive Solid II-21
Eastman Introduces New Formulation to Substitute Isoprene II-21
5. Recent Industry Activity II-22
Ashland Acquires Air Products & Chemicals II-22
Dow Chemical Agrees to Acquire Rohm & Haas II-22
Henkel Acquires National Starch II-22
Fuller Completes Acquisition of Egymelt II-22
R&H Acquires Finndisp II-23
Beardow Adams Takes over Unicol Adhesivos II-23
3M Acquires SAPO S.A.S and EMFI S.A. II-23
ADCO Acquires The Dolphin Company II-23
Caswell Adhesives Enters into Agency Agreement with Morchem II-23
National Adhesives Joins Henkel to Offer Extended Label Solutions II-23
Huntsman and PUR-Systems Commence Operations of New Joint Venture II-24
Bostik Acquires Adhesive Business of DuPont II-24
Huntsman Takes Over Arabian Polyol Company II-24
Franklin Acquires Assets of Acrynax II-24
Beardow Adams Acquires Fentac II-25
ITW Completes Acquisition of M&C Specialties II-25
Savare Enters into Joint Venture with Evans II-25
Dynea Signs Joint Venture Contract with Durante & Vivan II-25
NMG and Huntsman Establish Joint Venture Company II-25
Rohm and Haas Receives ICC-ES Confirmation for Mor-MeltÔ R-5022 II-26
BASF Receives FCN 740 Coverage for acResinÒ Products II-26
China Clean Energy Upgrades Specialty Chemicals Facility II-26
Bostik Takes Over PEGASO II-27
Forbo Acquires Victa II-27
Wisdom Adhesives Instates Hot Melt Adhesives and Coating
Production Line II-27
6. Focus on Select Players II-28
3M Corporation (US) II-28
Adhesive Technologies, Inc. (US) II-28
Alfa International Corporation (US) II-28
American Chemical, Inc. (US) II-28
Ashland, Inc. (US) II-29
Ashland Specialty Chemicals (US) II-29
Avery Dennison Corporation (US) II-29
Beardow & Adams (Adhesives) Limited (UK) II-29
Bemis Associates, Inc. (US) II-30
Bostik, Inc. (US) II-30
Capital Adhesives (US) II-30
Costchem srl (Italy) II-30
Cytec Industries Inc. (US) II-30
Daubert Chemical Company, Inc. (US) II-31
Dow Automotive (US) II-31
Dow Corning Corporation. (US) II-31
Dynea Oy (Finland) II-32
Evans Adhesive Corporation, Ltd. (US) II-32
Forbo (Switzerland) II-32
H.B. Fuller Company (US) II-33
Henkel Adhesive Technologies (US) II-33
Hexcel Corporation (US) II-33
Hexion Specialty Chemicals, Inc. (US) II-33
Hot Melt Technologies, Inc. (US) II-34
Huntsman Corporation (US) II-34
Jowat Corporation (US) II-34
Loctite Corporation (US) II-35
LORD Corporation (US) II-35
Rohm and Haas Company (US) II-35
Tex Year Industries, Inc. (Taiwan) II-35
Toyobo Co., Ltd. (Japan) II-36
Wisdom Adhesives (US) II-36
Worthen Industries, Inc. (US) II-36
7. Global Market Perspective II-37
Table 2: World Recent Past, Current & Future Analysis for Hot
Melt Adhesives by Geographic Region - North America, Japan,
Europe, Asia-Pacific (excluding Japan), and Rest of World
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) II-37
Table 3: World 10-Year Perspective for Hot Melt Adhesives by
Geographic Region - Percentage Breakdown of Dollar Sales for
North America, Japan, Europe, Asia-Pacific (excluding Japan),
and Rest of World Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) II-38
Hot Melt Adhesives Market by End-Use Application II-39
Table 4: World Recent Past, Current & Future Analysis for Hot
Melt Adhesives in Packaging Applications by Geographic Region -
North America, Japan, Europe, Asia-Pacific (excluding
Japan), and Rest of World Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2006 through
2015 (includes corresponding Graph/Chart) II-39
Table 5: World 10-Year Perspective for Hot Melt Adhesives in
Packaging Applications by Geographic Region - Percentage
Breakdown of Dollar Sales for North America, Japan, Europe,
Asia-Pacific (excluding Japan), and Rest of World Markets for
Years 2006, 2009 & 2015 (includes corresponding Graph/Chart) II-40
Table 6: World Recent Past, Current & Future Analysis for Hot
Melt Adhesives in Non-Rigid Bonding Applications by Geographic
Region - North America, Japan, Europe, Asia-Pacific (excluding
Japan), and Rest of World Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2006 through
2015 (includes corresponding Graph/Chart) II-41
Table 7: World 10-Year Perspective for Hot Melt Adhesives in
Non-Rigid Bonding Applications by Geographic Region -
Percentage Breakdown of Dollar Sales for North America, Japan,
Europe, Asia-Pacific (excluding Japan), and Rest of World
Markets for Years 2006, 2009 & 2015 (includes corresponding
Graph/Chart) II-42
Table 8: World Recent Past, Current & Future Analysis for Hot
Melt Adhesives in Woodworking Applications by Geographic
Region - North America, Japan, Europe, Asia-Pacific (excluding
Japan), and Rest of World Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2006 through
2015 (includes corresponding Graph/Chart) II-43
Table 9: World 10-Year Perspective for Hot Melt Adhesives in
Woodworking Applications by Geographic Region - Percentage
Breakdown of Dollar Sales for North America, Japan, Europe,
Asia-Pacific (excluding Japan), and Rest of World Markets for
Years 2006, 2009 & 2015 (includes corresponding Graph/Chart) II-44
Table 10: World Recent Past, Current & Future Analysis for Hot
Melt Adhesives in Other Applications by Geographic Region -
North America, Japan, Europe, Asia-Pacific (excluding Japan),
and Rest of World Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2006 through 2015
(includes corresponding Graph/Chart) II-45
Table 11: World 10-Year Perspective for Hot Melt Adhesives in
Other Applications by Geographic Region - Percentage Breakdown
of Dollar Sales for North America, Japan, Europe, Asia-Pacific
(excluding Japan), and Rest of World Markets for Years 2006,
2009 & 2015 (includes corresponding Graph/Chart) II-46
III. MARKET
1. North America III-1
A.Market Analysis III-1
Current and Future Analysis III-1
Competitive Analysis III-1
Table 12: North American Hot Melt Adhesives Market (2006):
Percentage Breakdown of Revenues for Leading North American
Players - H.B. Fuller, National Starch and Chemical
Company, Henkel, Bostik and Others (includes corresponding
Graph/Chart) III-1
Product Launches III-2
Strategic Corporate Developments III-4
Select US Players III-7
3M Corporation III-7
Adhesive Technologies, Inc. III-8
Alfa International Corporation III-8
American Chemical, Inc. III-8
Ashland, Inc. III-8
Ashland Specialty Chemicals III-8
Avery Dennison Corporation III-9
Bemis Associates, Inc. III-9
Bostik, Inc. III-9
Capital Adhesives III-10
Cytec Industries, Inc. III-10
Daubert Chemical Company, Inc. III-10
Dow Automotive III-10
Dow Corning Corporation III-11
Evans Adhesive Corporation, Ltd. III-11
H.B. Fuller Company III-11
Henkel Adhesive Technologies III-12
Hexcel Corporation III-12
Hexion Specialty Chemicals, Inc III-12
Hot Melt Technologies, Inc. III-13
Huntsman Corporation III-13
Jowat Corporation III-13
Loctite Corporation III-13
LORD Corporation III-14
Rohm and Haas Company III-14
Wisdom Adhesives III-14
Worthen Industries, Inc. III-14
B.Market Analytics III-15
Table 13: North American Recent Past, Current & Future
Analysis for Hot Melt Adhesives by End-Use Application -
Packaging, Non-Rigid Bonding, Woodworking and Other
Application Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-15
Table 14: North America 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-16
2. Japan III-17
A.Market Analysis III-17
Current and Future Analysis III-17
Hot Melt Adhesives - Production Statistics III-17
Table 15: Japanese Hot Melt Adhesives Market (2006 & 2007):
Production Volume of Hot Melt Adhesives by Product Type -
Ethylene Vinyl Acetate (EVA), Synthetic Rubber and Other
Hot Melt Adhesives (Unit: Tons) (includes corresponding
Graph/Chart) III-17
Product Launches III-18
Toyobo Co., Ltd. - A Major Japanese Company III-18
B.Market Analytics III-19
Table 16: Japanese Recent Past, Current & Future Analysis
for Hot Melt Adhesives by End-Use Application - Packaging,
Non-Rigid Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-19
Table 17: Japanese 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-20
3. Europe III-21
A.Market Analysis III-21
Current and Future Analysis III-21
Product Launches III-21
Strategic Corporate Developments III-22
Select European Players III-24
Beardow & Adams (Adhesives) Limited (UK) III-24
Costchem srl (Italy) III-24
Dynea Oy (Finland) III-24
Forbo (Switzerland) III-25
B.Market Analytics III-26
Table 18: European Recent Past, Current & Future Analysis
for Hot Melt Adhesives by Geographic Region - France,
Germany, Italy, UK and Rest of Europe Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2006 through 2015 (includes corresponding Graph/Chart) III-26
Table 19: European 10-Year Perspective for Hot Melt
Adhesives by Geographic Region - Percentage Breakdown of
Dollar Sales for France, Germany, Italy, UK and Rest of
Europe Markets for Years 2006, 2009 & 2015 (includes
corresponding Graph/Chart) III-27
Table 20: European Recent Past, Current & Future Analysis
for Hot Melt Adhesives by End-Use Application - Packaging,
Non-Rigid Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-28
Table 21: European 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-29
3a. France III-30
Market Analysis III-30
Current and Future Analysis III-30
Table 22: French Recent Past, Current & Future Analysis for
Hot Melt Adhesives by End-Use Application - Packaging,
Non-Rigid Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-30
Table 23: French 10-Year Perspective for Hot Melt Adhesives
by End-Use Application - Percentage Breakdown of Dollar
Sales for Packaging, Non-Rigid Bonding, Woodworking and
Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-31
3b. Germany III-32
Market Analysis III-32
Current and Future Analysis III-32
Table 24: German Recent Past, Current & Future Analysis for
Hot Melt Adhesives by End-Use Application - Packaging,
Non-Rigid Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-32
Table 25: German 10-Year Perspective for Hot Melt Adhesives
by End-Use Application - Percentage Breakdown of Dollar
Sales for Packaging, Non-Rigid Bonding, Woodworking and
Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-33
3c. Italy III-34
Market Analysis III-34
Current and Future Analysis III-34
Table 26: Italian Recent Past, Current & Future Analysis for
Hot Melt Adhesives by End-Use Application - Packaging,
Non-Rigid Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-34
Table 27: Italian 10-Year Perspective for Hot Melt Adhesives
by End-Use Application - Percentage Breakdown of Dollar
Sales for Packaging, Non-Rigid Bonding, Woodworking and
Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-35
3d. The United Kingdom III-36
Market Analysis III-36
Current and Future Analysis III-36
Table 28: UK Recent Past, Current & Future Analysis for Hot
Melt Adhesives by End-Use Application - Packaging, Non-Rigid
Bonding, Woodworking and Other Application Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2006 through 2015 (includes corresponding
Graph/Chart) III-36
Table 29: UK 10-Year Perspective for Hot Melt Adhesives by
End-Use Application - Percentage Breakdown of Dollar Sales
for Packaging, Non-Rigid Bonding, Woodworking and Other
Application Markets for Years 2006, 2009 & 2015 (includes
corresponding Graph/Chart) III-37
3e. Rest of Europe III-38
Market Analysis III-38
Current & Future Analysis III-38
Table 30: Rest of Europe Recent Past, Current & Future
Analysis for Hot Melt Adhesives by End-Use Application -
Packaging, Non-Rigid Bonding, Woodworking and Other
Application Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-38
Table 31: Rest of Europe 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-39
4. Asia-Pacific III-40
A.Market Analysis III-40
Current and Future Analysis III-40
Growth Prospects for Hot Melt Adhesives Market in China III-40
Strategic Corporate Developments III-40
Tex Year Industries, Inc. - A Major Taiwanese Player III-41
B.Market Analytics III-41
Table 32: Asia-Pacific Recent Past, Current & Future
Analysis for Hot Melt Adhesives by End-Use Application -
Packaging, Non-Rigid Bonding, Woodworking and Other
Application Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-41
Table 33: Asia-Pacific 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-42
5. Rest of World III-43
A.Market Analysis III-43
Strategic Corporate Developments III-43
B.Market Analytics III-44
Table 34: Rest of World Recent Past, Current & Future
Analysis for Hot Melt Adhesives by End-Use Application -
Packaging, Non-Rigid Bonding, Woodworking and Other
Application Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2006 through 2015 (includes
corresponding Graph/Chart) III-44
Table 35: Rest of World 10-Year Perspective for Hot Melt
Adhesives by End-Use Application - Percentage Breakdown of
Dollar Sales for Packaging, Non-Rigid Bonding, Woodworking
and Other Application Markets for Years 2006, 2009 & 2015
(includes corresponding Graph/Chart) III-45
IV. COMPETITIVE LANDSCAPE