Global Industrial Hot-melt Equipment Market 2017-2021
Published: Nov 2017 | Pages: 65 | SKU: IRTNTR15030 |
Overview of the global industrial hot-melt equipment market
The packaging industry is growing at a steady pace and is witnessing the emergence of new and innovative packaging methods. The growth of the e-commerce industry and the increasing usage of technical facilities drive the growth of the packaging industry. Moreover, factors such as the transformation of conventional packaging techniques and the adoption of sustainable packaging materials, also drive the growth of the packaging industry. The industry is a major end user of sealants and hot-melt adhesives and Technavio's market research study has identified the growth of the packaging industry to be one of the primary growth factors for the industrial hot-melt equipment market. Our market analysts estimate that this market will register a revenue of more than USD 9.5 billion by 2021.
Polyurethane-based hot melt adhesives are more durable and strong when compared to the traditional hot-melt adhesives. Owing to their favorable features, adhesives are used for a wide variety of applications, especially in applications that require quick curing. Polyurethane-based adhesives set quickly and do not re-melt, which increases their demand for several applications including product assembly. According to our market research and analysis, the growing demand of polyurethane-based hot-melt adhesives will be one of the key trends that will gain traction in the industrial hot-melt equipment market during the next few years.
Competitive landscape and key vendors
The industrial hot-melt equipment market is highly fragmented owing to the presence of several international, regional, and local. Though the international vendors dominate the market, the prominent vendors also have a strong global presence. The packaging, FMCG, and construction industries are the primary end-users for the vendors in the industrial hot-melt adhesive market.
The leading vendors in the market are
- Henkel
- Glue Machinery
- Nordson
- Valco Melton
- Power Adhesives
The 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.
Segmentation by product type and analysis of the industrial hot-melt equipment market
- Glue guns
- Benchtop hot-melt equipment
Owing to their ease of use and portability, glue guns are the most commonly used hot-melt equipment in various industries. They are portable hot-melt equipment that melt tubular-shaped thermoplastics into hot-melt adhesive that is easily applied on the surface by glue gun nozzle. Owing to their affordable pricing and ease of usage, the industrial hot-melt equipment market will witness considerable growth in this segment.
Geographical segmentation and analysis of the industrial hot-melt equipment market
- Americas
- APAC
- EMEA
APAC will be the major revenue contributor to this industrial hot-melt adhesive market due to the presence of countries such as China and India that are major contributors to the packaged food and beverage industry. The packaged food industry is the major end user of hot-melt equipment due to the importance of maintain the shelf life of packaged food. Increasing population in these regions that is influencing the growth of the packaged food industry, will subsequently drive the growth of the industrial hot-melt equipment market.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global industrial hot-melt equipment market?
- What are the key market trends impacting the growth of the global industrial hot-melt equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial hot-melt equipment market?
- What are the market opportunities and threats faced by the vendors in the global industrial hot-melt equipment market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global industrial hot-melt equipment market?
Technavio also offers customization on reports based on specific client requirement.
This upcoming market research report on the global industrial hot-melt equipment market is an important part of heavy industries portfolio. The report provides detailed data and insights on engineering tools sector. Our market research report for the engineering tools sector comprises of an in-depth analysis of a broad range of business assessment parameters such as prominent vendors, market size, growth rate, and critical insights.
To gain accurate insights and data on this industry, research experts at Technavio involve in in-depth qualitative and quantitative research by collecting data from R&D facilities, suppliers, manufacturers, consumers, and other key stakeholders. The research analysts at Technavio use literature review, case studies, empirical study, and secondary analysis as some of the research tools to generate an extensive market landscape for the clients. Our research analysts predict that the growth in adhesives and sealants market could drive the growth of this market.
The upcoming report on the global industrial hot-melt equipment market also considers the growth of related markets such as the welding wires market and wire and cable market in India which are expected to grow at the rate of 4% and 16%, respectively, for the forecast period. Vendors like Nordson, Glue Machinery, and Valco Melton are covered in the report to offer a detailed analysis of the competitive landscape.
The upcoming research report on the global industrial hot-melt equipment market includes market intelligence parameters such as business buying patterns, dynamic demand from business customers, key drivers, competitor's product portfolio, and opportunities and challenges faced by the industry. The report also covers geographies such as APAC, the Americas, and EMEA to give a complete study based on geographic segmentation. Technavio also provides an in-depth study of test and measurement, construction and unit operations sector.
Our market research methodology for the industrial hot-melt equipment market
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product type
- Market overview
- Glue guns
- Benchtop hot-melt equipment
PART 07: Geographical segmentation
- Market overview
- APAC
- Americas
- EMEA
PART 08: Drivers and challenges
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Bio-based hot melt adhesives
- Polyurethane-based hot melt adhesives
- Automation of hot-melt equipment
PART 11: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 12: Key vendor analysis
- Henkel
- Glue Machinery
- Nordson
- Valco Melton
- Power Adhesives
PART 13: Appendix
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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