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Hot Melt Amorphous Polyalphaolefin Market drivers of growth
analyzed in a new research report
The report, “Hot Melt Amorphous Polyalphaolefin (APAO) Market Size By
Product (Homopolymers, Copolymers), By Application (Paper & Packaging,
Personal Hygiene, Bookbinding, Woodworking, Product Assembly), Industry
Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain,
Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South
Africa, GCC), Growth Potential, Price Trends, Competitive Market Share &
Forecast, 2017 – 2024” by Global Market Insights, Inc. says Hot Melt Amorphous
Polyalphaolefin (APAO) Market size will likely surpass USD 380 million by 2024
Growing awareness about personal hygiene along with improving sanitary situation
in developing countries will result in high demand for personal hygiene products.
This will fuel the growth of hot melt APAO market during the forecast period as these
adhesives are employed in manufacturing carious sanitary products.
U.S. Hot Melt Amorphous Polyalphaolefin (APAO) Market size, by application,
2013 – 2024 (USD Million)
Demand for personal hygiene products such as baby & adult diapers, feminine
hygiene products, etc. have grown substantially in the last two decades. This can be
attributed to increasing income levels and willingness to spend on personal hygiene,
chiefly in developing countries. Increasing number of working women around the
world is also a contributing factor towards the demand for these goods, in turn boost
the overall hot melt APAO market.
Purchase This Report by calling Global Market Insights, Inc. at 1-888-689-0688 (Toll
Free) or 1-302-846-7766.
Health hazards associated with the use of these adhesives may hinder the global hot
melt APAO market during the period of study. Fumes that are released during the
application of these adhesives are toxic in nature up to a certain extent. Prolonged
exposure may cause eye irritation and respiratory problems in people. Special care
must also be taken while using these adhesives due to their high temperature which
may burn a person’s skin if it comes in direct contact.
Copolymers and homopolymers are the two product segments under the global hot
melt APAO market. Homopolymers category market value is estimated to surpass
USD 100 million in 2024. This category will grow due to their higher strength and
stiffness and their usability in structures requiring corrosion resistance.
Copolymers segment of the global hot melt APAO market will likely grow with a CAGR
exceeding 6%. Copolymers segment can be characterized with toughness in lower
temperatures, durability, and stress crack resistance.
Request Sample Copy of this Report @ https://www.gminsights.com/requestsample/detail/1664
Global hot melt APAO market, in terms of application, is segmented as paper &
packaging, woodworking, product assembly, personal hygiene, bookbinding, and
other application types. Woodworking application segment market value is forecasted
to be above USD 45 million in 2024, growing at CAGR exceeding 5.5%. Product
assembly segment of the global hot melt APAO market will likely grow with a CAGR
of almost 6% to a value of above USD 55 million by 2024.
Asia Pacific share for global hot melt APAO market is projected to be valued at above
USD 100 million by 2024. This region will witness high growth due to increasing
packaged products demand from food & beverages and e-commerce sector. Rising
income levels in developing economies of Asia Pacific such as China, India, Indonesia,
etc. will augment the hot melt APAO market as willingness to spend on personal
hygiene will increase. High industrial growth in the region will also boost the industry
due to increased demand for hot melt adhesives in product assembly and other
applications such as textiles, plastics, woodworking, etc.
Arkema, Henkel AG, Eastman, Evonik Industries, H.B. Fuller, REXtac, and Huntsman
Corporation are the major players in hot melt APAO market. There are other key
players in the industry including Evans Adhesive Corporation, Liaoyang Liaohua Qida,
Guangdong Orient Resin Company, Texyear Industrial Adhesives, Glue Machinery
Corporation, Almas Fanavaran Giti Company, Adtek Malaysia Sdn. Bhd, Bond Tech
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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