Global Hot Melt Adhesives Market to Grow 5.89% by 2020 - Increased Use of Hot Melt Adhesives in Food Packaging - Research and Markets

DUBLIN, July 8, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Hot Melt Adhesives Market 2016-2020" report to their offering.

The report forecasts the global hot melt adhesives market to grow at a CAGR of 5.89% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, a key growth driver is the increased use of hot melt adhesives in food packaging. The changes in lifestyles of the urban population worldwide have promoted the use of packaged food in the past few years. This has increased the need for packaging, consequently expanding the market for hot melt adhesives. Though rigid packaging requires less amount of hot melt adhesives; the growth of the rigid packaging segment will increase the consumption of these adhesives significantly. The rise in disposable income and the growing demand for packaged beverages and foods are boosting the market demand. Fish, meat, poultry, snacks and, pet food packaging require advanced flexible packaging

Further, the report states that one challenge that could restrict market growth is the growing demand for bioadhesives. Bioadhesives are usually made from soy or cellulose. These adhesives do not emit VOCs, are safer, and biocompatible.

Key vendors:

• 3M
• Arkema
• Dow Chemical
• H.B. Fuller
• Henkel
• Sika

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Market segmentation by end-use

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

For more information visit http://www.researchandmarkets.com/research/bf7xpr/global_hot_melt

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