Hot Melt Adhesives Market 2030 : Increasing adoption of hot melt adhesives in the footwear industry
Rising demand for hot melt adhesives for Do It Yourself (DIY) art and craft, and increasing adoption of hot adhesives for lamination of wooden panels and kitchen countertops are some key factors driving market revenue growth The global Hot Melt Adhesives Market size is expected to reach USD 13.75 Billion in 2030 and register a revenue CAGR of 6.9% over the forecast period, according to latest report by Reports and Data. Rising demand for hot melt adhesives for Do It Yourself (DIY) art and craft projects, and increasing adoption of these adhesives for lamination of wooden panels and kitchen countertops are expected to drive market revenue growth during the forecast period. Increasing adoption of hot melt adhesives in the footwear industry is also expected to boost growth of the global hot melt adhesives market in near future. Hot melt adhesives help to decrease the fume or yellow coloring caused by over-heating, and polyolefin-based hot melt adhesives provide high ...