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2021
Hot Melt Equipment Market

Hot Melt Equipment Market by Type (EVA, SBC, MPO, APAO, Polyamides, Polyolefins and Polyurethanes), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork and Bookbinding) and Product (Benchtop Hot Melt Equipment and Glue Guns): Global Opportunity Analysis and Industry Forecast 2021–2030

A12942
Pages: NA
Oct 2021 | 163 Views
   
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Hot melt equipment are types of machineries used to dispense hot melt glue for various usages. Hot melt adhesives are available as thermoplastic cylinder rods of various widths. These sticks are melted with the help of thermal solvents to be used for necessary applications. Hot-melting machines contain a heat exchanger, which melts solid thermoplastic sticks. The heating element is made by the user, and the glue is blown out of the machine pipe. After the application of a hot melting adhesive, the area is allowed to dry so that the glue can be cured and hardened. The market for the hot melt industry is likely to see significant growth due to its easy use and cheap prices. Soluble thermal transmission application provides flexibility in the production process at very high speeds, resulting in time and cost savings on the repair line. Increased demand for high-quality goods is expected to accelerate the growth of the hot melt equipment market.

Market Scope and Structure Analysis

Hot melt equipment market is developing at an increasing pace.  The adoption of soluble thermal power in packaging industry is estimated to increase the hot melting machines demand. In addition, the growing demand for hot water heaters in the industry is also estimated to boost the product requirement. The growth of the packaging and pharmaceutical industries is expected to be a major driver in the search for hot melt equipment. 

Report Metric

Details

  Market size available for years

2020 -2030

  Base Year Considered

2020

  Forecast Period

2021–2030

  Forecast Unit

Value(USD)

  Segments Covered

Type, Application, Product, Region

  Regions Covered

North America, Asia-Pacific, Europe, and LAMEA

  Companies covered.

Henkel, Glue Machinery, Nordson, ValcoMelto, Power Adhesives, Illinois Tool Works, Astro Packaging, Graco, Dymax Corporation, Robatech

 

COVID-19 Impact analysis

  • The impact of the COVID-19 outbreak temporarily shut down the operation, production, and supply chain process in the hot melt equipment market.
  • Industries related to the use of hot melt equipment market products are more likely to go backward, decreasing the demand from 2020 to 2021.
  • The temporary suspension of end users in the industry like packaging solutions, nonwoven hygiene products, furniture & woodwork, bookbinding in the first half of 2020, of several countries has affected the business. 
  • However, industries related to the use of these market products are likely to be back on track, leading to greater demand in coming years.
  • The growth of the packaging and pharmaceutical industries is expected to be a major driver for the market growth. In addition, increased acceptance of the product in consumer electronic assembling is expected to boost the market demand. The growth achieved by hot melt adhesive dispensers in the packaging industry during COVID 19 is expected to continue post COVID 19.

Top Impacting Factors

  • The growth of the food & beverage sector in the developed and developing economy is expected to drive the market. 
  • The development of pharmaceuticals, in line with various regulations around the world, is another factor contributing to the growth of the hot melt equipment industry.
  • Acceptance of using hot melt adhesives for packaging such as electronic components is expected to increase the demand for the product.
  • Asia-Pacific's hot melt equipment industry is expected to hold the largest share due to the growth of the food & beverage and packaging sectors. In addition, population growth in the region is expected to contribute toward the growth of the integrated food sector, leading to the continued growth.
  • Europe is expected to play a key role in the industry.
  • The North America hot melt line equipment market is expected to grow at a rapid pace in the forecast period due to the growth of the e-commerce industry and the increase in use of technology in the packaging industry. 
  • The growth of the packaging and pharmaceutical industries is expected to be a major driver in the search for hot melt adhesives. In addition, increased acceptance of the completion of thermal power units in emerging industries such as the installation of electronics is expected to increase the demand.

Marketing Trends

  • Nordson Group announced the formation of Nordson X-ray Group in May 2021, as part of its strategic development plans. This plan ensures accelerated product development, excellent quality and yield.
  • Astro packaging, in February 2020 integrated tray former/wrapper turbo charges retail packs ready for sale. Food companies looking to do their ready-to-sell packaging work now have the option of a complete solution that delivers up to 40 trays per minute, with the right beverage.
  • New traffic Tape Solution by GRACO, in April 2020, launched the automatic Graco Tape LazerHP system that can install permanent or temporary tape up to 14 inches wide with the speed of a heavy truck and the accuracy of the rear tender tenderness. Operators can easily use duplicate lines more than one and pre-system to skip lines without the required configuration while quick access, the precise start and stop by pressing a button.
  • DYMAX, a leading manufacturer of rapid light-curing materials and equipment announced light-curable adhesive in the year 2021. The importance of the precise placement of the material, and the cost benefits associated with the use of light-curable material in the assembly process.

By Product:

  • Bench top hot melt adhesive
  • Glue guns

By Application:

  • Packaging Solutions
  • Nonwoven Hygiene Products
  • Furniture & Woodwork
  • Bookbinding

By Type:

  • EVA
  • SBC
  • MPO
  • APAO
  • Polyamides
  • Polyolefins
  • Polyurethanes

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Restof APAC
  • LAMEA
    • LatinAmerica
    • MiddleEast
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the hot melt equipment market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the hot melt equipment market.
  • The current market is quantitatively analyzed from 2020 to 2028, 2030 to highlight the hot melt equipment market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed hot melt equipment market based on competitive intensity and how the competition will take shape in coming years.
 
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