A new report published by Transparency Market Research (TMR) presents
an in-depth insight into the global amorphous polyalphaolefin (APAO)
for hot melt market. The report, titled “Amorphous Polyalphaolefin
(APAO) for Hot Melt (Homopolymers and Copolymers) Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 -
2023”, is available for sale on the company’s website. The report
offers a comprehensive overview of the global amorphous
polyalphaolefin (APAO) market.
The report states that the global amorphous polyalphaolefin (APAO)
market for hot melt was estimated at US$192.1 mn in 2014 and is
expected to be worth US$328.6 mn by 2023, growing at a CAGR of 6.2%
between 2015 and 2023.
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PDF Brochure for more Professional and Technical insights :
APAO for hot melt adhesives is extensively used for making
formulations of adhesives. Therefore, this fairly new class of raw
materials is used in industries such as bookbinding, personal
hygiene, paper and packaging, product assembly, woodworking,
textiles, wires and cables, footwear, asphalt modifiers, and
electronics.
According to research analysts, the paper and packaging industry has
been the largest consumer of APAO for hot melt adhesives in 2014.
However, the report suggests that the personal care industry will be
the next big thing in the global amorphous polyalphaolefin (APAO)
market for hot melt. The growing automobile industry is expected to
offer huge opportunities to the global amorphous polyalphaolefin
(APAO) market.
In the coming years, the product assembly segment will contribute
generous revenue to this market, as a variety of adhesives are used
in hotline fixing of car seats, panel laminations, and headlamp
assemblies. The only challenge for this market is the fluctuating
prices of raw materials. However, this market might have a good
chance to expand its horizons if major players try to blend APAO with
resins, tackifiers, and wax. Such blending also helps in improving
the hot melt properties and process abilities of final adhesives.
Amongst the products, the copolymers segment dominated the global
APAO market for hot melt in 2014, in terms of volume. Analysts
predict this segment is expected to witness huge growth in the near
future, as copolymers offer the greatest strength. Furthermore, the
polypropylene-based homopolymers segment is likely to grow at a
sturdy rate, but one below the growth rate of the overall market.
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Market Research Report with ToC & Analysis :
As of 2014, the global APAO market for hot melt was consolidated in
nature, with the top five players holding a 60% share. Some of the
important players in the global APAO for hot melt market are Evonik
Industries AG, Huntsman Corporation, Henkel AG & Company KGaA,
Eastman Chemical Company, H.B. Fuller, Bostik S.A., and REXtac, LLC.
This
report segments the global APAO for hot melt market as follows:
Amorphous
Polyalphaolefin (APAO) for Hot Melt Market – Product Segment
Analysis
- Homopolymers
- Copolymers
Amorphous
Polyalphaolefin (APAO) for Hot Melt Market – Application Analysis
- Paper & packaging
- Personal hygiene
- Bookbinding
- Woodworking
- Product assembly
- Others (Including textiles, footwear, electronics, asphalt modifiers, wires & cables, electronics, etc.)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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