EVA to Account for the Largest Share in Hot Melt Adhesives (HMA) Market

PUNE, India, 2020-Mar-04 — /EPR Network/ — New product launches, mergers and acquisitions, expansions, agreements, joint ventures, and collaborations are the key strategies adopted by industry players to achieve growth in the Hot Melt Adhesives (HMA) market. Increasing product developments, technological advancements, and demand for adhesive products possessing excellent temperature resistance, high adhesive performance, and lack of color or odor has led to the high demand for HMAs from various application segments such as packaging solutions, nonwoven hygiene products, wood & furniture, bookbinding, and others. Companies are therefore adopting strategies such as new product launches, expansions, mergers & acquisitions, and agreements.

Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1088

Arkema SA (France) is a leading player in the global HMA market. The company, as a major HMA manufacturer, aims to expand its market share to become one of the most innovative companies in the world. As a part of its growth strategy, in 2016, the company acquired Den Braven (Netherlands), which is now a part of the specialty adhesives business unit of Arkema. Den Braven’s expertise in adhesives & sealants is expected to be beneficial for Arkema to increase its consumer base in the construction and insulation applications. This expansion has helped the company in promoting sustainable HMA technologies.

H.B. Fuller Company (U.S.) acquired the industrial adhesives business of Wisdom Worldwide Adhesives (U.S.). This has helped H.B. Fuller to strengthen its adhesives portfolio and further strengthen its customer base across North America. The company launched a new bookbinding adhesive, Swiftlock 8500, which is a reactive hot melt adhesive which offers high quality binding under different weather conditions. In 2015, the company launched Advantra 8790 in North America for the packaging application which is also cost effective. The new product launch indicates the company’s efforts to develop efficient packaging solutions. In the same year, in Surbaya, Indonesia, the company started the construction of a manufacturing facility, which is expected to be functional in 2017 and will help the company to achieve higher growth in emerging markets.

Request Sample Pages https://www.marketsandmarkets.com/requestsampleNew.asp?id=1088

Some of the key players, such as 3M Company (U.S.), Arkema (France), Dow Corning (U.S.), H.B. Fuller (U.S.), Henkel AG & Company, KGaA (Germany), Jowat SE (Germany), and Sika AG (Switzerland) have adopted these strategies to develop their businesses globally. These strategies also accounted for a significant share of the overall growth strategies adopted by the players in the HMA market between 2013 and 2017.

Bundle Reports

• Adhesives Sealants Market
• Pressure Sensitive Adhesives Market
• Tackifier Market
• Flock Adhesives Market
• Nonwoven Adhesives Market

Get Special Pricing on Bundle Reports https://www.marketsandmarkets.com/RequestBundleReport.asp?id=1088

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com