Monday, 4 December 2017

Global Industrial Hot-melt Equipment Market 2017-2021


MRC Announces the Publication of its Research Report – Global Industrial Hot-Melt Equipment Market 2017-2021

MRC 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 MRC’s 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.”
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.
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 4,00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)

No comments:

Post a Comment