BANGALORE, October 26, 2015 /PRNewswire/ --
Mordor Intelligence releases their report on the Global PUR Hot Melt Adhesives market. The report elucidates the situation of PUR Hot Melt Adhesives around the world and studies its markets by application viz. Packaging, Hygiene Products, Automotive, Furniture, Footwear, Textile, Electronics, Bookbinding and Others; and by Type - Non-reactive and Reactive.
In addition, the report is divided by geography - North America, Europe, Asia-Pacific (APAC), South America and Middle-East & Africa (MEA); where-in the market share of each region is analyzed and estimates are provided for the next 5 years.
Global PUR Hot melts adhesives market was valued at $795.87 million in 2014 and is expected to reach $1161.29 million by 2020 showing a Compound Annual Growth Rate (CAGR) of 6.5%. North America has the largest market for PUR hot melt adhesives, followed by Europe and Asia-Pacific. United States is expected to maintain its dominance in the forecasted period. Europe is expected to show average growth. Asia-Pacific is expected to witness highest growth in the coming future.
Get the Full Report Here: Global PUR Hot Melts Adhesives Market
PUR hot melt adhesives are solvent-free, solid compounds that have negligible or no VOC (Volatile Organic Compound) when compared to solvent-based adhesives. These are used in an increasing number of markets - from Packaging, Non-Woven Application, Automotive, Footwear, Furniture, Electronics and a number of other segments. The packaging segment has the largest market share of about 21%.
Companies profiled in the PUR hot melt adhesives market report include 3M Corporation, American Chemical Inc., Ashland Inc., Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd., Bostik Inc., Dow Corning Corporation, Nordson, Evans Adhesive Corporation Ltd, H.B. Fuller, Henkel AG, Hexcel Corporation, Huntsman Corporation and Jowat AG among others.
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SOURCE Mordor Intelligence LLP