MarketResearchNest.com adds “Global Industrial Hot-Melt Equipment Market 2017-2021” new report
to its research database. The report spread across 65 pages with table and
figures in it.
Research
analysts forecast the global industrial hot-melt equipment market to
grow at a CAGR of 3.84% during the period 2017-2021.
"About Industrial Hot-melt Equipment
Hot-melt adhesives are thermoplastic adhesives available
as solid cylindrical sticks of various diameters. The thermoplastic sticks are
melted with the help of a hot-melt equipment so as to be used for necessary
applications. Hot-melt equipment consists of a heating element, which melts the
solidified thermoplastic sticks. The heating element is triggered by the user,
and the glue is squeezed out of the equipment's nozzle. After the application
of the hot-melt adhesive, the surface is allowed to dry for the adhesive to
cure and solidify.
Covered in this report
The report covers the present scenario and the growth
prospects of the global industrial hot-melt equipment market for 2017-2021. To
calculate the market size, the report considers the revenue generated from the
sales of are glue guns, benchtop hot-melt equipment, and hoses and hot-melt
units.
Browse full table of contents and
data tables at https://www.marketresearchnest.com/global-industrial-hot-melt-equipment-market-2017-2021.html
The market is divided into the following segments based
on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Hot-Melt Equipment
Market 2017-2021, 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.
Technavio recognizes the following companies as the key
players in the global industrial hot-melt equipment market: Henkel, Glue
Machinery, Nordson, Valco Melton, and Power Adhesives
Other Prominent Vendors in the market are: Illinois Tool
Works, Astro Packaging, Graco, Dymax Corporation, Robatech, 3M, Adhesive &
Equipment, Adhesive Dispensing, Hi-Melt, MELER, MeltPro, Axco Adhesive Systems,
Hao Jing Environmental Protection Technology Co., Ltd., Foshan Nanhai, Glue
Dots International, ADTECH, Bühnen, SUREBONDER, Reka Klebetechnik, STEINEL,
Rheological, Adsol UK, KMS ADHESIVES, HuiZhou Fuliyuan Machinery, BSM India, SURE TACK SYSTEMS, Preo, ESSEBI,
ITW DYNATEC, and Indumarsan.
Commenting on the report, an analyst from Research team
said: “The latest trend gaining momentum in the market is Bio-based hot melt
adhesives. There have been significant developments in the bio-based polymers
segment, but with little impact on adhesives. The major reason for this was
that bio-based polymers are used less in adhesives and more in plastics used
for construction activities and manufacturing FMCG products. Despite the
developments in the production of adhesives by adding environment-friendly
additives, use of polymers has not advanced to hot-melt adhesives.”
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According to the report, one of the major drivers for
this market is Steady growth in the global adhesives and sealants market. The
global adhesives and sealants market is expected to grow at a steady rate
during 2017-2021. This uptrend in the market will be attributed to the
increasing demand for adhesives in various industries. During 2017-2021,
dispersion and emulsion adhesives are expected to have a significant presence
in the global adhesives and sealants market because water-based reactive
adhesives are being favored over solvent-based formulations. This is majorly
the result of strict guidelines imposed by different government agencies of
respective countries on the use of solvent-based adhesives.
Further, the report states that one of the major factors
hindering the growth of this market is Threat of substitutes. Hot-melt
adhesives have many substitutes that are supposed to offer better efficiency at
low costs. In addition to this, with the benefit of reduced quantity required
to create a strong adhesion between different materials, alternative adhesives
are expected to pose a strong threat of substitute for hot-melt adhesives.
Hot-melt adhesives are ideal for bonding two similar, heavy, and specific
material type. But certain materials or product properties make the use of
hot-melt adhesives difficult.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
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Buying at https://www.marketresearchnest.com/enquirybuy.php?reportid=279554
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