the global Polyamide Based Hot Melt Adhesive market size is projected to reach USD 0.53 billion by 2029
Published Date: Tuesday,02 Jan,2024
Polyamide Based Hot Melt Adhesive
Polyamide Based Hot Melt Adhesive Market Summary
Polyamide-based hot melt adhesive is a hot melt adhesive formed by the high-temperature condensation reaction of dimer acid and polyamine. This glue has a variety of excellent properties, including heat resistance, cold resistance, electrical properties, oil resistance, chemical resistance and media resistance. In addition, it is odorless, colorless, fast curing, can bond a variety of metals and non-metals, and has good compatibility with other resins.
According to the new market research report “Global Polyamide Based Hot Melt Adhesive Market Report 2023-2029”, published by GlobalInfoResearch, the global Polyamide Based Hot Melt Adhesive market size is projected to reach USD 0.53 billion by 2029, at a CAGR of 2.2% during the forecast period.
- Global Polyamide Based Hot Melt Adhesive MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Polyamide Based Hot Melt Adhesive Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
Market Drivers:
Environmental protection trends: With the strengthening of environmental awareness, solvent-free hot melt adhesives have been promoted as environmentally friendly adhesives, thus driving the demand for polyamide-based hot melt adhesives.
Performance advantages: Polyamide-based hot melt adhesive has a variety of excellent properties, such as high and low temperature resistance, chemical resistance, etc., making it widely used in many fields.
Restraint:
Cost issues: The manufacturing cost of polyamide-based hot melt adhesives can be relatively high, limiting their application in certain areas.
Technical challenges: To further improve the performance of polyamide-based hot melt adhesives and reduce costs, certain technical difficulties need to be overcome.
Opportunity:
Emerging markets: With the development of the global economy, the growth in demand in emerging markets such as Asia, Africa and other places provides new growth opportunities for polyamide-based hot melt adhesives.
Expansion of application fields: The application of polyamide-based hot melt adhesives in automobiles, electronics, medical and other fields has been further expanded, bringing more development opportunities to the industry.
Technological innovation: Continuous technological innovation and R&D efforts can overcome existing obstacles and open up broader application prospects for polyamide-based hot melt adhesives.
- Global Polyamide Based Hot Melt Adhesive Top14Players Ranking and Market Share(Continually updated)
Source: GlobalInfoResearch, “Global Polyamide Based Hot Melt Adhesive Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
Globally, major manufacturers of polyamide-based hot melt adhesives include Henkel, Company 2, H.B. Fuller, 3M, Jowat wait.
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