The global fabric hot melt adhesives market size was US$ 10.5 billion in 2021. The global fabric hot melt adhesives market size is forecast to reach US$ 17.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2022 to 2030. 

Hot-melt adhesive (HMA) is sometimes known as hot glue. It is a type of thermoplastic adhesive provided as solid cylindrical sticks of various diameters that are applied with a hot glue gun. The cloth is best suited to hot melts. They give the necessary strength for fabric bonding and bond exceedingly well to nearly all materials. They are less expensive than other adhesives, and their shelf life and storage capacity are good. Because adhesives are delivered in solid form, there is no requirement for mixing or specific curing equipment dispense methods are various and well-suited to high throughput.

Factors Influencing Market Growth

• Factors such as rising demand from online businesses such as e-commerce and food deliveries and the need for flexible packaging demand in the food and beverage sector are forecast to drive the global fabric hot melt adhesives market.
• A major reason fueling the global market growth is due to the rising use of corrugated packaging in non-durable products because of its cost-effective and environment-friendly attributes.
• An increase in the cost of basic intermediaries and chemicals, rising global demand, and declining supply may slow down the overall market growth.

Impact Analysis of COVID-19

The COVID-19 outbreak has severely affected the textile & apparel, food & beverage, and transportation industries over 2020. Due to the nationwide lockdown imposed by governments worldwide, the production process of various goods in these industries decreased owing to the non-functioning of the manufacturing plants. Economies of each sector got impacted and resulted in the ceasing of activities across the industry that use fabric hot melt adhesives. Thus, the COVID-19 pandemic had a negative impact on the global market growth.

Regional Insights

The Asia Pacific region held dominant in the fabric hot melt adhesives market in 2021. The region is the leading fabric hot melt adhesives manufacturer, with China and India being the primary consumers and suppliers of fabric hot melt adhesives. In addition, the increasing growth of several end-use industries such as building & construction, food & beverage, transportation, and others, is forecast to fuel the fabric hot melt adhesives market in the region. 

Leading Competitors

The leading prominent companies profiled in the global fabric hot melt adhesives market are:

• Bostik (Arkema)
• Cattie Adhesives
• Evonik
• Bühnen GmbH & Co. KG
• HellermannTyton
• Nihon Matai Co., Limited
• Spiderbond Adhesives Co., Limited
• Henkel Limited
• Toagosei Co., Limited
• Other Prominent Players

Scope of the Report

The global fabric hot melt adhesives market segmentation focuses on Type, Resin Type, Application, and Region.

Segmentation based on Type

• Non-Reactive Hot Melt Adhesives
• Reactive Hot Melt Adhesives

Segmentation based on Resin Type

• Ethylene-vinyl Acetate
• Polyamide
• Polyolefins
• Polyurethane
• Rubber
• Others

Segmentation based on Application

• Packaging
• Automotive
• Furniture
• Textile
• Electronics
• Others

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America