Product Code: PM5361
The global hot-melt adhesives market size is expected to reach USD 12.59 billion by 2034, according to a new study by Polaris Market Research. The report "Hot-Melt Adhesives Market Size, Share, Trends, Industry Analysis Report: By Type, Application (Automotive, Bookbinding, Furniture & Woodwork, Nonwoven Hygiene Products, Packaging Solutions, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The expansion of the global electronics industry is driving the hot-melt adhesives market growth. The demand for effective adhesive solutions has surged with increased sales of consumer electronics worldwide. Further, the increasing electornic production has necessitated the use of advanced adhesive solutions such as hot-melt adhesives for assembling electronic housings, securing components, and providing resistance to moisture and vibration.
The hot-melt adhesives market expansion is driven by the growing demand for efficient packaging solutions. Globally, there is a heightened need for packaging that ensures product safety and extends shelf life. Hot-melt adhesives are widely used in the packaging industry for their ability to provide strong and reliable seals quickly. These adhesives offer excellent bonding strength, versatility across various materials, and cost-effective performance.
Technological advancements in adhesive formulations are significantly boosting the hot-melt adhesives market revenue. Innovations in adhesive technology have led to the development of high-performance products with enhanced properties such as improved adhesion strength, better thermal resistance, and greater flexibility. New formulations are introduced to meet the specific needs of various industries, including packaging, automotive, and construction. These advancements are enabling manufacturers to offer solutions that address complex bonding requirements and improve overall efficiency in production processes.
Hot-Melt Adhesives Market Report Highlights
Based on type, the ethylene vinyl acetate segment held the largest revenue share in 2024 due to its multifaceted properties and extensive utilization across diverse industries, including paper, woodworking, automotive, and packaging.
Based on application, the packaging solutions segment dominated the market in 2024. This is primarily due to the global expansion of the packaging industry, fueled by the heightened consumption of diverse packaging formats in multiple industries.
North America dominated the market in 2024, driven by the significant expansion of production plants by key market players in the region.
The market for hot-melt adhesives in China is projected to grow significantly, owing to the rapid expansion of the furniture industry within the country.
A few of the global hot-melt adhesives market key players are 3M, Arkema, Ashland, Avery Dennison Corporation, Dow, Exxon Mobil Corporation, H.B. Fuller Company, Henkel AG & Co. KGaA, Jowat SE, and Sika AG.
Polaris Market Research has segmented the hot-melt adhesives market report on the basis of type, application, and region:
By Type Outlook (Revenue - USD Billion, Kiloton, 2020-2034)
- § Amorphous Polyalphaolefin
- § Ethylene Vinyl Acetate
- § Metallocene Polyolefin
- § Polyolefins
- § Styrenic Block Copolymer
- § Others
By Application Outlook (Revenue - USD Billion, Kiloton, 2020-2034)
- § Automotive
- § Bookbinding
- § Furniture & Woodwork
- § Nonwoven Hygiene Products
- § Packaging Solutions
- § Others
By Regional Outlook (Revenue - USD Billion, Kiloton, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Hot-Melt Adhesives Market Insights
- 4.1. Hot-Melt Adhesives Market - Market Snapshot
- 4.2. Hot-Melt Adhesives Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Innovative Product Launches Drive Market Growth
- 4.2.1.2. Strategic Initiatives by Manufacturers Boosts Market Demand
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Raw Material Costs
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
- 4.4. PESTEL Analysis
- 4.5. Hot-Melt Adhesives Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Hot-Melt Adhesives Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 5.3. Amorphous Polyalphaolefin
- 5.3.1. Global Hot-Melt Adhesives Market, by Amorphous Polyalphaolefin, by Region, 2020-2034 (USD billion, Kiloton)
- 5.4. Ethylene Vinyl Acetate
- 5.4.1. Global Hot-Melt Adhesives Market, by Ethylene Vinyl Acetate, by Region, 2020-2034 (USD billion, Kiloton)
- 5.5. Metallocene Polyolefin
- 5.5.1. Global Hot-Melt Adhesives Market, by Metallocene Polyolefin, by Region, 2020-2034 (USD billion, Kiloton)
- 5.6. Polyolefins
- 5.6.1. Global Hot-Melt Adhesives Market, by Polyolefins, by Region, 2020-2034 (USD billion, Kiloton)
- 5.7. Styrenic Block Copolymer
- 5.7.1. Global Hot-Melt Adhesives Market, by Styrenic Block Copolymer, by Region, 2020-2034 (USD billion, Kiloton)
- 5.8. Others
- 5.8.1. Global Hot-Melt Adhesives Market, by Others, by Region, 2020-2034 (USD billion, Kiloton)
6. Global Hot-Melt Adhesives Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 6.3. Automotive
- 6.3.1. Global Hot-Melt Adhesives Market, by Automotive, by Region, 2020-2034 (USD billion, Kiloton)
- 6.4. Bookbinding
- 6.4.1. Global Hot-Melt Adhesives Market, by Bookbinding, by Region, 2020-2034 (USD billion, Kiloton)
- 6.5. Furniture & Woodwork
- 6.5.1. Global Hot-Melt Adhesives Market, by Furniture & Woodwork, by Region, 2020-2034 (USD billion, Kiloton)
- 6.6. Nonwoven Hygiene Products
- 6.6.1. Global Hot-Melt Adhesives Market, by Nonwoven Hygiene Products, by Region, 2020-2034 (USD billion, Kiloton)
- 6.7. Packaging Solutions
- 6.7.1. Global Hot-Melt Adhesives Market, by Packaging Solutions, by Region, 2020-2034 (USD billion, Kiloton)
- 6.8. Others
- 6.8.1. Global Hot-Melt Adhesives Market, by Others, by Region, 2020-2034 (USD billion, Kiloton)
7. Global Hot-Melt Adhesives Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Hot-Melt Adhesives Market Assessment, by Geography, 2020-2034 (USD billion, Kiloton)
- 7.3. Hot-Melt Adhesives Market - North America
- 7.3.1. North America: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.3.2. North America: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.3.3. Hot-Melt Adhesives Market - US
- 7.3.3.1. US: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.3.3.2. US: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.3.4. Hot-Melt Adhesives Market - Canada
- 7.3.4.1. Canada: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.3.4.2. Canada: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4. Hot-Melt Adhesives Market - Europe
- 7.4.1. Europe: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.2. Europe: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.3. Hot-Melt Adhesives Market - UK
- 7.4.3.1. UK: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.3.2. UK: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.4. Hot-Melt Adhesives Market - France
- 7.4.4.1. France: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.4.2. France: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.5. Hot-Melt Adhesives Market - Germany
- 7.4.5.1. Germany: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.5.2. Germany: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.6. Hot-Melt Adhesives Market - Italy
- 7.4.6.1. Italy: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.6.2. Italy: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.7. Hot-Melt Adhesives Market - Spain
- 7.4.7.1. Spain: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.7.2. Spain: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.8. Hot-Melt Adhesives Market - Netherlands
- 7.4.8.1. Netherlands: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.8.2. Netherlands: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.9. Hot-Melt Adhesives Market - Russia
- 7.4.9.1. Russia: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.9.2. Russia: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.4.10. Hot-Melt Adhesives Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.4.10.2. Rest of Europe: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5. Hot-Melt Adhesives Market - Asia Pacific
- 7.5.1. Asia Pacific: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.2. Asia Pacific: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.3. Hot-Melt Adhesives Market - China
- 7.5.3.1. China: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.3.2. China: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.4. Hot-Melt Adhesives Market - India
- 7.5.4.1. India: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.4.2. India: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.5. Hot-Melt Adhesives Market - Malaysia
- 7.5.5.1. Malaysia: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.5.2. Malaysia: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.6. Hot-Melt Adhesives Market - Japan
- 7.5.6.1. Japan: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.6.2. Japan: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.7. Hot-Melt Adhesives Market - Indonesia
- 7.5.7.1. Indonesia: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.7.2. Indonesia: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.8. Hot-Melt Adhesives Market - South Korea
- 7.5.8.1. South Korea: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.8.2. South Korea: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.9. Hot-Melt Adhesives Market - Australia
- 7.5.9.1. Australia: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.9.2. Australia: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.5.10. Hot-Melt Adhesives Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.5.10.2. Rest of Asia Pacific: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6. Hot-Melt Adhesives Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.2. Middle East & Africa: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6.3. Hot-Melt Adhesives Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.3.2. Saudi Arabia: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6.4. Hot-Melt Adhesives Market - UAE
- 7.6.4.1. UAE: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.4.2. UAE: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6.5. Hot-Melt Adhesives Market - Israel
- 7.6.5.1. Israel: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.5.2. Israel: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6.6. Hot-Melt Adhesives Market - South Africa
- 7.6.6.1. South Africa: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.6.2. South Africa: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.6.7. Hot-Melt Adhesives Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.6.7.2. Rest of Middle East & Africa: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.7. Hot-Melt Adhesives Market - Latin America
- 7.7.1. Latin America: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.7.2. Latin America: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.7.3. Hot-Melt Adhesives Market - Mexico
- 7.7.3.1. Mexico: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.7.3.2. Mexico: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.7.4. Hot-Melt Adhesives Market - Brazil
- 7.7.4.1. Brazil: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.7.4.2. Brazil: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.7.5. Hot-Melt Adhesives Market - Argentina
- 7.7.5.1. Argentina: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.7.5.2. Argentina: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
- 7.7.6. Hot-Melt Adhesives Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Hot-Melt Adhesives Market, by Type, 2020-2034 (USD billion, Kiloton)
- 7.7.6.2. Rest of Latin America: Hot-Melt Adhesives Market, by Application, 2020-2034 (USD billion, Kiloton)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. 3M
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Arkema
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Ashland
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Avery Dennison Corporation
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Dow
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Exxon Mobil Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. H.B. Fuller Company
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Henkel AG & Co. KGaA
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Jowat SE
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Sika AG
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development