Hot Melt Adhesives (HMA) Market Report Scope & Overview:

The Hot Melt Adhesives (HMA) Market Size was valued at USD 9.58 billion in 2022, and is expected to reach USD 14.16 billion by 2030, and grow at a CAGR of 5.0% over the forecast period 2023-2030. Hot melt adhesives are commonly used to create a strong and flexible binding between materials. Solvent-free compounds are frequently used in hot melt adhesives. These are thermoplastics that harden at room temperature and are present in nature. To achieve the desired finish, these adhesives are first melted and then cooled before being applied to the surface. Furthermore, hot melt adhesives are gaining popularity in many parts of the world since they are environmentally friendly, have high thermal stability and resistance, are safe to store, and are effective to store. Hot melt adhesives are used in a wide range of applications, including woodworking, carton sealing, food packaging, construction, and many others.

Hot Melt Adhesives (HMA) Market

Get More Information on Hot Melt Adhesives (HMA) Market - Request Sample Report

Market Dynamics:


  • Increasing product consumption in a variety of industries

  • Demand for adhesives is increasing

  • VOC content is low


  • Increasing the use of HMA

  • The need for a large initial investment


  • Applications for non-wovens and a burgeoning packaging industry


  • Alternative items that are more environmentally friendly are becoming more popular

Impact of COVID-19:

Many businesses and organisations have been impacted by the COVID-19 pandemic. Many marketing sectors have been impacted by the implementation of social distancing norms and the global lockdown, including the hot melt adhesives business. One of the greatest obstacles for the worldwide business is the untimely COVID-19 epidemic, which has cost it investors and production jobs.

As a result, the global hot melt adhesives market study claims that key players' continued efforts are considerably boosting the business and are likely to achieve market share during the forecast period.

By Product: The hot melt adhesives market is divided into two types based on the type segment: polyolefin hot melts and ethylene vinyl acetate hot melts. Polyolefin hot melts are a combination of tackifiers and base resins from these two types of segments. The demand for polyolefin hot melt is increasing, and it is predicted to rise in the appliance industry. It is gaining popularity because it offers superior solutions, such as alcohols, acids, and bases, as well as resistance to polar solvents and the ability to withstand water vapour and moisture. Furthermore, robust bonding of materials such as plastic hoses and dryer drums is frequent with these adhesives.

By Application:

Woodworking, carton-sealing, food packing, many other industries, usebuildings & construction and hot melt adhesives.

Market Segmentation:

By Product

  • Ethylene Vinyl Acetate (EVA)

  • Styrenic Block Copolymer (SBC)

  • Amorphous poly-alpha-olefin (AMOP)

  • Metallocene Polyolefins (MPO)

  • Polyurethane (PU)

  • Polyamide (PA)

  • Polyester

By Application

  • Pressure sensitive products

  • Packaging

  • Disposables

  • Book Binding

  • Furniture

  • Footwear

  • Textile

  • Automobiles

  • Electronics

Hot Melt Adhesives (HMA) Market

Get Customized Report as per Your Business Requirement - Request For Customized Report

Regional Analysis:

The hot melt adhesives market has been divided into several regions based on regional classification, including Europe, Latin America, Asia Pacific, North America, and the Middle East and Africa.

For the forecast period, the Asia Pacific Region is expected to have the greatest CAGR. In this region, the use of hot melt adhesives is growing in end-use industries such as electronics, carpentry, and general consumer packaging. These main companies are crucial in the growth of the hot melt adhesives industry. They are using sophisticated strategies to expand hot melt adhesive providers and improve global market demand.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

The 3M Company (U.S.A), Huntsman International LLC. (U.S.A.), The Dow Chemical Company (U.S.A.), RPM International Inc. (U.S.A.), Arkema (France), Henkel AG & Co. KGaA (Germany), Dow Corning Corporation (U.S.A.), B. Fuller Company (U.S.A), Sika AG (Switzerland).

Huntsman International LLC. (U.S.A.)-Company Financial Analysis

Hot Melt Adhesives (HMA) Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 9.58 Billion
Market Size by 2030 US$ 14.16 Billion
CAGR CAGR of 5.0% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (EVA, SBC, AMOP, MPO, PU, PA, Polyester)
• By Application (Pressure sensitive products, Packaging, Disposables, Book Binding, Furniture, Footwear, Textile, Automobiles, Electronics)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles The 3M Company (U.S.A), Huntsman International LLC. (U.S.A.), The Dow Chemical Company (U.S.A.), RPM International Inc. (U.S.A.), Arkema (France), Henkel AG & Co. KGaA (Germany), Dow Corning Corporation (U.S.A.), B. Fuller Company (U.S.A), Sika AG (Switzerland)
DRIVERS • Increasing product consumption in a variety of industries
• Demand for adhesives is increasing.
• VOC content is low.
Restraints • Increasing the use of HMA
• The need for a large initial investment

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Pressure sensitive products, Packaging, Disposables, Book Binding, Furniture, Footwear, Textile, Automobiles and Electronics are the sub-segments of by application segment.

Ans: Increasing product consumption in a variety of industries, Demand for adhesives is increasing and VOC content is low are the drivers for Hot Melt Adhesives (HMA) Market.


Ans: Hot melt adhesives are commonly used to create a strong and flexible binding between materials.

Ans: Hot Melt Adhesives (HMA) Market Size was valued at USD 9.13 billion in 2021, and expected to reach USD 12.85 billion by 2028, and grow at a CAGR of 5.0 % over the forecast period 2022-2028

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Hot Melt Adhesives (HMA) Market Segment, By Product

8.1 Ethylene Vinyl Acetate (EVA)

8.2 Styrenic Block Copolymer (SBC)

8.3 Amorphous poly-alpha-olefin (AMOP)

8.4 Metallocene Polyolefins (MPO)

8.5 Polyurethane (PU)

8.6 Polyamide (PA)

8.7 Polyester

9. Hot Melt Adhesives (HMA) Market Segment, By Application

9.1 Pressure sensitive products

9.2 Packaging

9.3 Disposables

9.4 Book Binding

9.5 Furniture

9.6 Footwear

9.7 Textile

9.8 Automobiles

9.9 Electronics

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

. Company Profile

11.1 The 3M Company (U.S.A)

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Huntsman International LLC. (U.S.A.)

11.3 The Dow Chemical Company (U.S.A.)

11.4 Sika AG (Switzerland)

11.5 RPM International Inc. (U.S.A.)

11.6 Arkema (France)

11.7 Henkel AG & Co. KGaA (Germany)

11.8 Dow Corning Corporation (U.S.A.)

11.9 B. Fuller Company (U.S.A)

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone