The Worldwide Hot Melt Adhesives Industry is Expected to Reach $11.4 Billion by 2027 - ResearchAndMarkets.com
The HMA market is projected to grow from USD 9.1 Billion in 2022 to USD 11.4 Billion by 2027, at a CAGR of 4.8% between 2022 and 2027.
- The HMA market is projected to grow from USD 9.1 Billion in 2022 to USD 11.4 Billion by 2027, at a CAGR of 4.8% between 2022 and 2027.
- The opportunities related to increased use of HMA in road marking applications are driving the growth of the market.
- Packaging solutions application segment is estimated to be the largest segment of the HMA market.
- The packaging application of HMAs includes carton boxes, envelopes, carton closure, cups, flexible packaging, specialty packaging, bags, and processed food products.