Technavio Announces Top Six Vendors in the Global Hot Melt Adhesives Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top six leading vendors in their recentglobal hot melt adhesives marketreport. This research report also lists seven other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
Advances in polyurethane-based hot melt adhesives such as switching of the production from other hot melts to reactive polyurethane hot melt adhesives has enabled vendors to compete in terms of quality products for emerging applications. Also, less stringent regulations about the emission of greenhouse gases and VOCs in countries such as China and India are providing opportunities for the vendors to expand their portfolio and to sell them at competitive prices in these markets. Prominent vendors are concentrating on R&D to transform their products to comply with the regulations imposed by REACH and EPA. These vendors are establishing their market presence by expanding their product portfolios into many geographies.
According to Chandrakumar Badala Jaganathan, a lead analyst at Technavio for research on additives, adhesives, and sealants, “A majority of the players have shifted their manufacturing facilities to the developing regions to reduce the overhead costs of production. In addition, these vendors are entering into strategic collaborations and agreements for sales and distribution to maintain their market dominance.”
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Top six global hot melt adhesives market vendors
3M is headquartered in Maplewood, Minnesota, US. The company manufactures a range of products for industrial, electronics, safety, graphics, energy, healthcare, and consumer markets. Its major industrial products include vinyl, polyester, foil, and specialty industrial tapes and adhesives, packaging equipment, hot melt adhesives, sprays, and structural adhesives.
The company operates in more than 70 countries worldwide. Its products are marketed through distribution channels directly to consumers or indirectly through retailers, jobbers, wholesalers, distributors, and dealers.
Arkema was incorporated in 1981 and is based in Colombes, France. The company manufactures chemicals and advanced materials. It serves the aerospace, automotive, aeronautics, electronics, oil, and consumer goods industries.
The company has three major business segments: high-performance materials such as specialty adhesives, industrial specialties such as hydrogen peroxide, and coating solutions like acrylics. The company sells hot melt adhesives under its high-performance materials segment.
Dow Chemical was incorporated in 1947 and is headquartered in Midland, Michigan, US. The company provides solutions for clean water, clean energy generation and conservation, and increased agricultural productivity. Its offers advanced materials, specialty chemicals, and agrochemicals.
In FY2015, the company reported a revenue of USD 48.77 billion and invested USD 1.59 billion in R&D. As of December 31, 2015, the company held 4,651 active US patents and 19,541 active foreign patents.
H.B. Fuller was founded in 1887 and is headquartered in St. Paul, Minnesota, US. The company is a global industrial adhesive manufacturer that focuses on adhesives, sealants, and specialty chemicals. Its sales operations span across 40 countries worldwide, including North America, Europe, Central and South Americas, APAC, the Middle East, and Africa.
The company manufactures a range of adhesives products for use in manufacturing, and a variety of consumer and industrial products such as windows, flooring, doors, food and beverage containers, and electronics.
Henkel was founded in 1876 and is headquartered in Henkelstraße, Düsseldorf, Germany. The company specializes in laundry and home care, beauty care, and adhesive technologies.
During FY2015, Henkel generated a revenue of USD 10.3 billion in sales from its adhesive technology offerings. Loctite is the company’s leading brand of adhesives, sealants, and coating solutions, accounting for nearly 25% of the total revenue from adhesive technologies.
Sika was founded in 1910 and is headquartered in Baar, Zug, Switzerland. It is a specialty chemicals company with products and services targeted at the concrete, waterproofing, roofing, flooring, sealing and bonding, and refurbishment industry.
The company offers adhesive and sealing solutions for a range of industries such as the construction and industrial markets. Some of its solutions include:
- SikaBond construction adhesive, a one-component, gun-grade, adhesive, and sealing compound for the construction applications
- Sika MaxTack Fast Grab adhesive, a one-part, water-based adhesive for do-it-yourself and repair projects
- SikaBond-T35, SikaBond-T55, SikaBond-T21, and Sika wood flooring adhesives
- Sika AnchorFix-1, high-performance anchoring adhesives for use in masonry and concrete applications
Browse Related Reports:
- Global Packaging Adhesives Market 2015-2019
- Flexible Packaging Adhesives Market in China 2015-2019
- Adhesives and Sealants Market in China – Trends and Forecast 2015-2019
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