反応性ホットメルト接着剤市場 : 2028年までの世界予測

Report Overview

The reactive hot melt adhesives market size is projected to reach USD 2.6 billion by 2028 at a CAGR of 7.5% from USD 1.6 billion in 2022. Reactive hot melt adhesives are widely used in the automotive industry for bonding various components, including plastic and metal parts. They contribute to structural integrity, noise reduction, and overall assembly efficiency. 

“Polyolefin is the fastest-growing resin type segment of reactive hot melt adhesives market.”
Polyolefin-based reactive hot melt adhesives offer many advantages, including excellent bond strength, cost-effectiveness, reduced VOC emissions, and fast setting, etc. In the current scenario, a limited number of companies are using polyolefin chemistry for manufacturing and few companies are using polyolefin chemistry to manufacture moisture-cured adhesives.

“Plastic accounted for the largest substrate segment of reactive hot melt adhesives market.”
Plastic is the largest substrate segment in the overall market. Industries utilize over 4,500 types of plastics, with ongoing developments in formulating new plastic materials. The processing and application of these plastics vary, and not all respond uniformly to bonding. Challenges like poor compatibility, surface wetting, and inert surfaces may arise during plastic bonding. Reactive hot melt adhesives undergo a reactive process, including crosslinking, when exposed to heat. This process enhances the bond’s strength and durability, a crucial aspect for applications requiring a robust connection, such as assembling plastic components in automotive or electronics.

“Automotive & Transportation, by application accounted for the largest segment of reactive hot melt adhesives market.”
Rising demand for lightweight and fuel-efficient vehicles is encouraging automobile manufacturers to adopt advanced materials, including composites, which can be bonded by adhesives. This, in turn, is increasing the demand for reactive hot melt adhesives, which are increasingly replacing mechanical fasteners, such as screws, welds, bolts, and nuts. The application of reactive hot melt adhesives in the automotive industry has resulted in cost savings, which are also driving the market in the automotive industry.

“Asia Pacific, by region is forecasted to be the fastest segment of reactive hot melt adhesives market during the forecast period.”
Asia Pacific has been the most favorable destination for the manufacturers of reactive hot melt adhesives, even during the global economic slowdown. The growing middle-class population in numerous Asia Pacific countries has elevated consumer spending, resulting in increased demand for products containing reactive hot melt adhesives, including electronics, appliances, and furniture. To leverage cost advantages and access the expanding market, several multinational companies have established or expanded their manufacturing facilities in the Asia Pacific region, further fueling the demand for reactive hot melt adhesives.

Breakdown of Primary Interviews:
• By Company Type: Tier 1 – 55%, Tier 2 – 30%, and Tier 3 –  15%
• By Designation: C Level – 21%, D Level – 23%, and Others – 56%
• By Region: North America – 15%, Europe – 27%, Asia Pacific – 45%,  South America- 7%, and the Middle East & Africa – 6%

The key companies profiled in this report are Henkel AG & Co. KGaA (Germany), The Dow Chemical Company (US), H.B. Fuller Company (US), Jowat SE (Germany), and 3M (US).

Research Coverage:
The reactive hot melt adhesives market has been segmented based on Resin Type (Polyurethane, Polyolefin, and Others), Substrate (Plastic, Wood, and Others), Application (Automotive & Transportation, Doors & Windows, Furniture & Upholstery, Lamination, Textile, Assembly, and Others), and by Region (Asia Pacific, Europe, North America, South America, and Middle East & Africa).

Reasons to Buy the Report
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
n Analysis of key drivers (superior properties over conventional adhesives, growing demand for lightweight and low-carbon emitting vehicles, increasing construction activities, and stringent regulatory standards will pose greater demand), restraints (availability of alternative adhesive technologies and high curing time compared to other technologies), opportunities (technological advancements in reactive hot melt adhesives and increasing demand in emerging economies), and challenges (low open time for application) influencing the growth of the reactive hot melt adhesives market.
n Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
n Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for reactive hot melt adhesives across regions
n Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
n Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.

Table of Contents

1            INTRODUCTION            49

1.1         STUDY OBJECTIVES      49

1.2         MARKET DEFINITION   49

1.2.1      INCLUSIONS AND EXCLUSIONS 50

1.2.2      DEFINITION AND INCLUSIONS, BY RESIN TYPE 50

1.2.3      DEFINITION AND INCLUSIONS, BY TYPE            50

1.2.4      DEFINITION AND INCLUSIONS, BY SUBSTRATE 51

1.2.5      DEFINITION AND INCLUSIONS, BY APPLICATION          51

1.3         MARKET SEGMENTATION         52

FIGURE 1           REACTIVE HOT MELT ADHESIVES MARKET SEGMENTATION              52

1.3.1      REGIONS COVERED      52

1.3.2      YEARS CONSIDERED     53

1.4         CURRENCY        53

1.5         UNITS CONSIDERED     53

1.6         STAKEHOLDERS            53

1.7         SUMMARY OF CHANGES            54

1.7.1      IMPACT OF RECESSION 54

2            RESEARCH METHODOLOGY     55

2.1         RESEARCH DATA           55

FIGURE 2           REACTIVE HOT MELT ADHESIVES MARKET: RESEARCH DESIGN              55

2.1.1      SECONDARY DATA       56

2.1.1.1   Key data from secondary sources     56

2.1.2      PRIMARY DATA 57

2.1.2.1   Key data from primary sources         57

2.1.2.2   Key industry insights          58

2.1.2.3   Breakdown of primary interviews     58

2.1.2.4   Primary data sources          59

2.2         MARKET SIZE ESTIMATION       59

2.2.1      BOTTOM-UP APPROACH           59

FIGURE 3           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  60

2.2.2      TOP-DOWN APPROACH             60

FIGURE 4           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    61

2.3         MARKET GROWTH FORECAST APPROACH        61

2.3.1      SUPPLY-SIDE FORECAST            61

2.3.2      DEMAND-SIDE FORECAST         62

2.4         FACTOR ANALYSIS        62

2.5         DATA TRIANGULATION             63

FIGURE 5           REACTIVE HOT MELT ADHESIVES MARKET: DATA TRIANGULATION          63

2.6         ASSUMPTIONS 64

2.7         LIMITATIONS   64

2.8         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    65

2.9         RISK ASSESSMENT         65

TABLE 1             REACTIVE HOT MELT ADHESIVES MARKET: RISK ASSESSMENT              65

2.10       IMPACT OF RECESSION 65

3            EXECUTIVE SUMMARY 66

TABLE 2             REACTIVE HOT MELT ADHESIVES MARKET SNAPSHOT (2023 VS. 2028)            66

FIGURE 6           POLYURETHANE RESIN-BASED REACTIVE HOT MELT ADHESIVES DOMINATED OVERALL MARKET IN 2022     67

FIGURE 7           AUTOMOTIVE & TRANSPORTATION APPLICATION ACCOUNTED FOR LARGEST MARKET SHARE IN 2022     67

FIGURE 8           PLASTIC SUBSTRATE SEGMENT LED OVERALL MARKET IN 2022      68

FIGURE 9           ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR REACTIVE HOT MELT ADHESIVES         68

4            PREMIUM INSIGHTS      69

4.1         ATTRACTIVE OPPORTUNITIES IN REACTIVE HOT MELT ADHESIVES MARKET            69

FIGURE 10         REACTIVE HOT MELT ADHESIVES MARKET TO WITNESS MODERATE GROWTH BETWEEN 2023 AND 2028             69

4.2         REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE      69

FIGURE 11         POLYURETHANE TO BE DOMINANT SEGMENT BETWEEN 2023 AND 2028           69

4.3         ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET,  BY APPLICATION AND COUNTRY, 2022      70

FIGURE 12         CHINA DOMINATED MARKET IN ASIA PACIFIC 70

4.4         REACTIVE HOT MELT ADHESIVES MARKET:  DEVELOPED VS. DEVELOPING COUNTRIES         70

FIGURE 13         REACTIVE HOT MELT ADHESIVES MARKET TO WITNESS HIGHER GROWTH IN DEVELOPING COUNTRIES            70

4.5         REACTIVE HOT MELT ADHESIVES MARKET: BY APPLICATION  71

FIGURE 14         AUTOMOTIVE & TRANSPORTATION TO REGISTER HIGHEST CAGR IN REACTIVE HOT MELT ADHESIVES MARKET     71

4.6         REACTIVE HOT MELT ADHESIVES MARKET: BY MAJOR COUNTRIES              71

FIGURE 15         INDIA TO EMERGE AS A LUCRATIVE MARKET FOR REACTIVE HOT MELT ADHESIVES BETWEEN 2023 AND 2028           71

5            MARKET OVERVIEW     72

5.1         INTRODUCTION            72

5.1.1      MANUFACTURING PROCESS OF REACTIVE HOT MELT ADHESIVES              72

5.1.2      ADVANTAGES AND DISADVANTAGES OF REACTIVE HOT MELT ADHESIVES       73

5.2         MARKET DYNAMICS     74

FIGURE 16         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN REACTIVE HOT MELT ADHESIVES MARKET  74

5.2.1      DRIVERS            74

5.2.1.1   Superior properties over conventional adhesives          74

5.2.1.2   Growing demand for lightweight and low-carbon emitting vehicles          75

5.2.1.3   Increasing construction activities     75

5.2.1.4   Stringent regulatory standards         76

5.2.2      RESTRAINTS     76

5.2.2.1   Availability of alternative adhesive technologies           76

5.2.2.2   High curing time compared to other technologies        76

5.2.3      OPPORTUNITIES           77

5.2.3.1   Technological advancements in reactive hot melt adhesives       77

5.2.3.2   Increasing demand in emerging economies    77

5.2.4      CHALLENGES   77

5.2.4.1   Low open time for application         77

5.3         PORTER’S FIVE FORCES ANALYSIS         78

TABLE 3             REACTIVE HOT MELT ADHESIVES MARKET: PORTER’S FIVE FORCES ANALYSIS         78

FIGURE 17         PORTER’S FIVE FORCES ANALYSIS: REACTIVE HOT MELT ADHESIVES MARKET    78

5.3.1      INTENSITY OF COMPETITIVE RIVALRY 79

5.3.2      BARGAINING POWER OF BUYERS           79

5.3.3      BARGAINING POWER OF SUPPLIERS     79

5.3.4      THREAT OF SUBSTITUTES         80

5.3.5      THREAT OF NEW ENTRANTS    80

5.4         MACROECONOMIC INDICATORS           80

5.4.1      INTRODUCTION            80

5.4.2      GDP TRENDS AND FORECAST  80

TABLE 4             GDP TRENDS AND FORECAST, BY COUNTRY (PERCENTAGE CHANGE)          81

5.4.3      TRENDS & FORECAST OF GLOBAL AUTOMOTIVE INDUSTRY    82

TABLE 5             AUTOMOTIVE INDUSTRY PRODUCTION (2021–2022)    82

5.4.3.1   Launch of electric vehicle models, 2025–2028 83

TABLE 6             LAUNCH OF ELECTRIC VEHICLE MODELS, 2025–2028    83

5.4.4      TRENDS AND FORECAST OF FURNITURE INDUSTRY     84

FIGURE 18         ESTIMATED VALUE OF GLOBAL FURNITURE MARKET, 2020–2027      84

5.4.5      TRENDS AND FORECAST OF BUILDING & CONSTRUCTION INDUSTRY              85

FIGURE 19         GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2014–2035              85

6            INDUSTRY TRENDS       86

6.1         SUPPLY CHAIN ANALYSIS          86

FIGURE 20         REACTIVE HOT MELT ADHESIVES MARKET: SUPPLY CHAIN ANALYSIS          86

6.2         ECOSYSTEM MAPPING 87

TABLE 7             REACTIVE HOT MELT ADHESIVES MARKET: ROLE IN ECOSYSTEM     87

FIGURE 21         REACTIVE HOT MELT ADHESIVES MARKET: ECOSYSTEM MAP              88

6.3         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              88

FIGURE 22         TRENDS IN END-USE INDUSTRIES IMPACTING BUSINESS OF REACTIVE HOT MELT ADHESIVE MANUFACTURERS     88

6.4         KEY STAKEHOLDERS & BUYING CRITERIA          89

6.4.1      KEY STAKEHOLDERS IN BUYING PROCESS         89

FIGURE 23         INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS   89

TABLE 8             INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP APPLICATIONS (%)       89

6.4.2      BUYING CRITERIA         90

FIGURE 24         KEY BUYING CRITERIA FOR REACTIVE HOT MELT ADHESIVES              90

TABLE 9             KEY BUYING CRITERIA FOR REACTIVE HOT MELT ADHESIVES              90

6.5         PRICING ANALYSIS        90

6.5.1      REACTIVE HOT MELT ADHESIVES MARKET: AVERAGE SELLING PRICE TREND, BY REGION       91

FIGURE 25         AVERAGE SELLING PRICES OF REACTIVE HOT MELT ADHESIVES, BY REGION, 2018-2022        91

TABLE 10           AVERAGE SELLING PRICES OF REACTIVE HOT MELT ADHESIVES, BY REGION,  2018-2022 (USD/KG) 91

6.5.2      AVERAGE SELLING PRICE TREND, BY RESIN TYPE          92

FIGURE 26         AVERAGE SELLING PRICE TREND, BY RESIN TYPE (2022)              92

6.5.3      AVERAGE SELLING PRICE TREND, BY SUBSTRATE         92

FIGURE 27         AVERAGE SELLING PRICE TREND, BY SUBSTRATE (2022)              92

6.5.4      AVERAGE SELLING PRICE TREND, BY APPLICATION     93

FIGURE 28         AVERAGE SELLING PRICE TREND, BY APPLICATION (2022)              93

6.5.5      AVERAGE SELLING PRICE COMPETITIVENESS IN REACTIVE HOT MELT ADHESIVES MARKET, BY MAJOR COUNTRIES    93

FIGURE 29         AVERAGE SELLING PRICE COMPETITIVENESS IN REACTIVE HOT MELT ADHESIVES MARKET, BY MAJOR COUNTRIES (2022) 93

6.5.6      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION              94

FIGURE 30         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION (2022)     94

TABLE 11           AVERAGE SELLING PRICE OF KEY PLAYERS, BY TOP THREE APPLICATIONS (USD/KG)          94

6.6         TRADE ANALYSIS          94

6.6.1      EXPORT SCENARIO OF REACTIVE HOT MELT ADHESIVES          94

FIGURE 31         ADHESIVES EXPORT, BY KEY COUNTRY, 2018–2022 (USD THOUSAND)     95

6.6.2      IMPORT SCENARIO OF REACTIVE HOT MELT ADHESIVES          95

FIGURE 32         ADHESIVES IMPORT, BY KEY COUNTRY, 2018–2022 (USD THOUSAND)     96

6.7         GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH              96

6.7.1      RUSSIA-UKRAINE WAR  96

6.7.2      CHINA  97

6.7.2.1   China’s debt problem        97

6.7.2.2   Environmental commitments           97

6.7.3      EUROPE             97

6.7.3.1   Political instability in Germany        97

6.7.3.2   Energy crisis in Europe      98

6.8         TARIFF & REGULATORY LANDSCAPE    98

6.8.1      REGULATIONS RELATED TO REACTIVE HOT MELT ADHESIVES              98

6.8.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          99

TABLE 12           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         99

TABLE 13           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 100

TABLE 14           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         100

6.9         PATENT ANALYSIS        101

FIGURE 33         LIST OF MAJOR PATENTS FOR REACTIVE HOT MELT ADHESIVES       101

6.9.1      LIST OF MAJOR PATENTS          102

6.10       CASE STUDY ANALYSIS 104

6.11       TECHNOLOGY ANALYSIS           107

6.12       KEY CONFERENCES & EVENTS IN 2023–2024       108

TABLE 15           REACTIVE HOT MELT ADHESIVES MARKET: DETAILED LIST OF CONFERENCES & EVENTS    108

7            REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE      109

7.1         INTRODUCTION            110

FIGURE 34         POLYURETHANE RESIN TO DOMINATE REACTIVE HOT MELT ADHESIVES MARKET BETWEEN 2023 AND 2028 110

TABLE 16           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY RESIN TYPE, 2018–2022 (USD MILLION)             110

TABLE 17           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY RESIN TYPE,  2023–2028 (USD MILLION)          111

TABLE 18           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY RESIN TYPE, 2018–2022 (KILOTON)      111

TABLE 19           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY RESIN TYPE, 2023–2028 (KILOTON)      111

7.2         POLYURETHANE (PU)  111

7.2.1      PROVIDES STRONGER BOND THAN TRADITIONAL HOT MELT 111

TABLE 20           POLYURETHANE REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION)    112

TABLE 21           POLYURETHANE REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION)    113

TABLE 22           POLYURETHANE REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)           113

TABLE 23           POLYURETHANE REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)           113

7.3         POLYOLEFIN    114

7.3.1      ELIMINATES NEED FOR PRE-TREATING LOW-SURFACE ENERGY PLASTICS          114

TABLE 24           POLYOLEFIN REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION)             114

TABLE 25           POLYOLEFIN REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION)             114

TABLE 26           POLYOLEFIN REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)       115

TABLE 27           POLYOLEFIN REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)       115

7.4         OTHERS             115

7.4.1      ETHYLENE-VINYL ACETATE (EVA)        115

7.4.2      POLYAMIDE     115

7.4.3      POLYESTER      116

7.4.4      POLYETHYLENE            116

TABLE 28           OTHER RESINS REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION)    116

TABLE 29           OTHER RESINS REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION)    116

TABLE 30           OTHER RESINS REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)           117

TABLE 31           OTHER RESINS REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)           117

8            REACTIVE HOT MELT ADHESIVES MARKET, BY TYPE    118

8.1         INTRODUCTION            118

8.2         HIGH TEMPERATURE   118

8.2.1      EXHIBIT EXCELLENT RESISTANCE TO ELEVATED TEMPERATURES AND MAINTAIN BOND STRENGTH UNDER EXTREME HEAT CONDITIONS              118

8.3         LOW TEMPERATURE    118

8.3.1      PROVIDE FLEXIBILITY IN APPLICATION INVOLVING TEMPERATURE-SENSITIVE SUBSTRATES OR COMPONENTS       118

9            REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE      120

9.1         INTRODUCTION            121

FIGURE 35         PLASTIC SUBSTRATE TO LEAD REACTIVE HOT MELT ADHESIVES MARKET BETWEEN 2023 AND 2028 121

TABLE 32           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY SUBSTRATE,  2018–2022 (USD MILLION)            121

TABLE 33           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY SUBSTRATE,  2023–2028 (USD MILLION)            122

TABLE 34           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY SUBSTRATE, 2018–2022 (KILOTON)        122

TABLE 35           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY SUBSTRATE, 2023–2028 (KILOTON)        122

9.2         PLASTIC            122

9.2.1      ASIA PACIFIC TO REGISTER HIGHEST GROWTH IN PLASTIC SEGMENT DURING FORECAST PERIOD     122

TABLE 36           PLASTIC: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION)     123

TABLE 37           PLASTIC: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION)     123

TABLE 38           PLASTIC: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)            123

TABLE 39           PLASTIC: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)            124

9.3         WOOD 124

9.3.1      LARGE POPULATION AND HUGE DEMAND FOR FURNITURE IN ASIA PACIFIC DRIVING MARKET        124

TABLE 40           WOOD: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION)     125

TABLE 41           WOOD: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION)     125

TABLE 42           WOOD: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)            125

TABLE 43           WOOD: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)            126

9.4         OTHERS             126

TABLE 44           OTHER SUBSTRATES: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (USD MILLION) 127

TABLE 45           OTHER SUBSTRATES: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (USD MILLION) 127

TABLE 46           OTHER SUBSTRATES: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2018–2022 (KILOTON)         127

TABLE 47           OTHER SUBSTRATES: REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY REGION,  2023–2028 (KILOTON)         128

10          REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION  129

10.1       INTRODUCTION            130

FIGURE 36         AUTOMOTIVE & TRANSPORTATION SEGMENT DOMINATED REACTIVE HOT MELT ADHESIVES MARKET IN 2022       130

TABLE 48           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY APPLICATION,  2018–2022 (USD MILLION)        130

TABLE 49           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY APPLICATION,  2023–2028 (USD MILLION)        131

TABLE 50           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY APPLICATION, 2018–2022 (KILOTON)    131

TABLE 51           REACTIVE HOT MELT ADHESIVES MARKET SIZE, BY APPLICATION, 2023–2028 (KILOTON)    131

10.2       AUTOMOTIVE & TRANSPORTATION     132

10.2.1    PREFERENCE FOR LIGHTWEIGHT ASSEMBLY MATERIAL AND DEMAND FOR LOW-VOC PRODUCTS TO BOOST MARKET         132

TABLE 52           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,  BY REGION, 2018–2022 (USD MILLION)              132

TABLE 53           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,  BY REGION, 2023–2028 (USD MILLION)              133

TABLE 54           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,  BY REGION, 2018–2022 (KILOTON)              133

TABLE 55           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION,  BY REGION, 2023–2028 (KILOTON)              133

10.3       FURNITURE & UPHOLSTERY     134

10.3.1    HIGH DEMAND IN FURNITURE & UPHOLSTERY DUE TO HEAT & MOISTURE RESISTANCE AND DURABLE BOND STRENGTH        134

TABLE 56           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN FURNITURE & UPHOLSTERY,  BY REGION, 2018–2022 (USD MILLION)   135

TABLE 57           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN FURNITURE & UPHOLSTERY,  BY REGION, 2023–2028 (USD MILLION)   135

TABLE 58           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN FURNITURE & UPHOLSTERY,  BY REGION, 2018–2022 (KILOTON)          136

TABLE 59           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN FURNITURE & UPHOLSTERY,  BY REGION, 2023–2028 (KILOTON)          136

10.4       TEXTILE            137

10.4.1    ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD              137

TABLE 60           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN TEXTILE, BY REGION,  2018–2022 (USD MILLION)             137

TABLE 61           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN TEXTILE, BY REGION,  2023–2028 (USD MILLION)             137

TABLE 62           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN TEXTILE, BY REGION,  2018–2022 (KILOTON)       138

TABLE 63           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN TEXTILE, BY REGION,  2023–2028 (KILOTON)       138

10.5       LAMINATION   139

10.5.1    PU-BASED REACTIVE HOT MELT ADHESIVES WIDELY USED FOR LAMINATION APPLICATIONS   139

TABLE 64           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN LAMINATION, BY REGION,  2018–2022 (USD MILLION) 139

TABLE 65           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN LAMINATION, BY REGION,  2023–2028 (USD MILLION) 139

TABLE 66           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN LAMINATION, BY REGION,  2018–2022 (KILOTON)         140

TABLE 67           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN LAMINATION, BY REGION,  2023–2028 (KILOTON)         140

10.6       ASSEMBLY        140

10.6.1    REACTIVE HOT MELT ADHESIVES WIDELY USED IN INDUSTRIAL ASSEMBLY DUE TO THEIR RAPID BONDING PROPERTIES          140

TABLE 68           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN ASSEMBLY, BY REGION,  2018–2022 (USD MILLION)             141

TABLE 69           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN ASSEMBLY, BY REGION,  2023–2028 (USD MILLION)             141

TABLE 70           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN ASSEMBLY, BY REGION,  2018–2022 (KILOTON)       141

TABLE 71           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN ASSEMBLY, BY REGION,  2023–2028 (KILOTON)       142

10.7       DOORS & WINDOWS     142

10.7.1    REACTIVE HOT MELT ADHESIVES OFFER BETTER BOND OF WOODEN SUBSTRATES AND REDUCTION IN STRESS ON JOINTS   142

TABLE 72           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN DOORS & WINDOWS, BY REGION, 2018–2022 (USD MILLION)         143

TABLE 73           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN DOORS & WINDOWS, BY REGION, 2023–2028 (USD MILLION)         143

TABLE 74           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN DOORS & WINDOWS, BY REGION, 2018–2022 (KILOTON)   143

TABLE 75           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN DOORS & WINDOWS, BY REGION, 2023–2028 (KILOTON)   144

10.8       OTHERS             144

TABLE 76           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2022 (USD MILLION) 145

TABLE 77           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2023–2028 (USD MILLION) 145

TABLE 78           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2022 (KILOTON)        145

TABLE 79           REACTIVE HOT MELT ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2023–2028 (KILOTON)        146

11          REACTIVE HOT MELT ADHESIVES MARKET, BY REGION             147

11.1       INTRODUCTION            148

FIGURE 37         ASIA PACIFIC EMERGING AS STRATEGIC MARKET FOR REACTIVE HOT MELT ADHESIVES         148

TABLE 80           REACTIVE HOT MELT ADHESIVES MARKET, BY REGION, 2018–2022 (USD MILLION)     148

TABLE 81           REACTIVE HOT MELT ADHESIVES MARKET, BY REGION, 2023–2028 (USD MILLION)     149

TABLE 82           REACTIVE HOT MELT ADHESIVES MARKET, BY REGION, 2018–2022 (KILOTON)             149

TABLE 83           REACTIVE HOT MELT ADHESIVES MARKET, BY REGION, 2023–2028 (KILOTON)             149

11.2       ASIA PACIFIC    150

11.2.1    IMPACT OF RECESSION ON ASIA PACIFIC           150

FIGURE 38         ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET SNAPSHOT        151

TABLE 84           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (USD MILLION) 151

TABLE 85           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 152

TABLE 86           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (KILOTON)        152

TABLE 87           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)        152

TABLE 88           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)            153

TABLE 89           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)            153

TABLE 90           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)      153

TABLE 91           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)      153

TABLE 92           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            154

TABLE 93           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            154

TABLE 94           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     154

TABLE 95           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     154

TABLE 96           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        155

TABLE 97           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        155

TABLE 98           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  156

TABLE 99           ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  156

11.2.2    CHINA  157

11.2.2.1 Expanding consumer market to boost demand             157

TABLE 100         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            157

TABLE 101         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            157

TABLE 102         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        157

TABLE 103         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        158

TABLE 104         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        158

TABLE 105         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        158

TABLE 106         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  159

TABLE 107         CHINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  159

11.2.3    INDIA   160

11.2.3.1 Government initiatives in infrastructure development to drive market     160

TABLE 108         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            160

TABLE 109         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            160

TABLE 110         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        161

TABLE 111         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        161

TABLE 112         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        161

TABLE 113         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        162

TABLE 114         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  162

TABLE 115         INDIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  162

11.2.4    JAPAN  163

11.2.4.1 Automotive sector to drive market for reactive hot melt adhesives            163

TABLE 116         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            164

TABLE 117         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            164

TABLE 118         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        164

TABLE 119         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        164

TABLE 120         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        165

TABLE 121         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        165

TABLE 122         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  165

TABLE 123         JAPAN: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  166

11.2.5    SOUTH KOREA 166

11.2.5.1 Automotive industry to be largest end user of reactive hot melt adhesives 166

TABLE 124         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            167

TABLE 125         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            167

TABLE 126         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     167

TABLE 127         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     168

TABLE 128         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        168

TABLE 129         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        168

TABLE 130         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  169

TABLE 131         SOUTH KOREA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  169

11.2.6    REST OF ASIA PACIFIC  170

TABLE 132         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)   171

TABLE 133         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)   171

TABLE 134         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)          171

TABLE 135         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)          172

TABLE 136         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  172

TABLE 137         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  172

TABLE 138         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)         173

TABLE 139         REST OF ASIA PACIFIC: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)         173

11.3       EUROPE             174

11.3.1    IMPACT OF RECESSION ON EUROPE     174

FIGURE 39         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET SNAPSHOT        175

TABLE 140         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (USD MILLION) 175

TABLE 141         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION) 176

TABLE 142         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY, 2018–2022 (KILOTON)           176

TABLE 143         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY, 2023–2028 (KILOTON)           176

TABLE 144         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)          177

TABLE 145         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)          177

TABLE 146         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (KILOTON)   177

TABLE 147         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (KILOTON)   177

TABLE 148         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            178

TABLE 149         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            178

TABLE 150         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     178

TABLE 151         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     178

TABLE 152         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        179

TABLE 153         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        179

TABLE 154         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  179

TABLE 155         EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  180

11.3.2    GERMANY         180

11.3.2.1 Presence of major manufacturers to drive market         180

TABLE 156         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            180

TABLE 157         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            181

TABLE 158         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     181

TABLE 159         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     181

TABLE 160         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        182

TABLE 161         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        182

TABLE 162         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  182

TABLE 163         GERMANY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  183

11.3.3    ITALY   184

11.3.3.1 Increasing automobile production and exports to drive market   184

TABLE 164         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            184

TABLE 165         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            184

TABLE 166         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        184

TABLE 167         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        185

TABLE 168         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        185

TABLE 169         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        185

TABLE 170         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)    186

TABLE 171         ITALY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)    186

11.3.4    FRANCE             187

11.3.4.1 Growth of key end-use industries to boost market        187

TABLE 172         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            187

TABLE 173         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            187

TABLE 174         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     187

TABLE 175         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     188

TABLE 176         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        188

TABLE 177         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        188

TABLE 178         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  189

TABLE 179         FRANCE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  189

11.3.5    UK         190

11.3.5.1 Advanced technological infrastructure and increased R&D investments to support market growth     190

TABLE 180         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            190

TABLE 181         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            190

TABLE 182         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        190

TABLE 183         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        191

TABLE 184         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        191

TABLE 185         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        191

TABLE 186         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)    192

TABLE 187         UK: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)    192

11.3.6    RUSSIA 193

11.3.6.1 Currency devaluation to hamper market growth           193

TABLE 188         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            193

TABLE 189         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            193

TABLE 190         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     194

TABLE 191         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     194

TABLE 192         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        194

TABLE 193         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        195

TABLE 194         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  195

TABLE 195         RUSSIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  196

11.3.7    REST OF EUROPE           196

TABLE 196         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)      198

TABLE 197         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)      198

TABLE 198         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON) 198

TABLE 199         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON) 199

TABLE 200         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)   199

TABLE 201         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)   199

TABLE 202         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)          200

TABLE 203         REST OF EUROPE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)          200

11.4       NORTH AMERICA          200

11.4.1    IMPACT OF RECESSION ON NORTH AMERICA   201

FIGURE 40         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET SNAPSHOT        201

TABLE 204         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (USD MILLION)         202

TABLE 205         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)         202

TABLE 206         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (KILOTON)   202

TABLE 207         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)   202

TABLE 208         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)       203

TABLE 209         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)       203

TABLE 210         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (KILOTON) 203

TABLE 211         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (KILOTON) 203

TABLE 212         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)      204

TABLE 213         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)      204

TABLE 214         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON) 204

TABLE 215         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON) 204

TABLE 216         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)   205

TABLE 217         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)   205

TABLE 218         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)          205

TABLE 219         NORTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)          206

11.4.2    US         206

11.4.2.1 Increasing demand from automotive sector to drive market        206

TABLE 220        US: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)          207

TABLE 221        US: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)          207

TABLE 222        US: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)   208

TABLE 223        US: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)   208

TABLE 224         US: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        208

TABLE 225         US: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        209

TABLE 226         US: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)    209

TABLE 227         US: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)    209

11.4.3    CANADA            210

11.4.3.1 Automotive, furniture, and building & construction sectors to drive market              210

TABLE 228         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            210

TABLE 229         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            210

TABLE 230         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     211

TABLE 231         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     211

TABLE 232         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        211

TABLE 233         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        212

TABLE 234         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  212

TABLE 235         CANADA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  212

11.4.4    MEXICO             213

11.4.4.1 Rapid growth of automotive industry to fuel demand   213

TABLE 236         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            213

TABLE 237         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            214

TABLE 238         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     214

TABLE 239         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     214

TABLE 240         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        215

TABLE 241         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        215

TABLE 242         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  215

TABLE 243         MEXICO: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  216

11.5       MIDDLE EAST & AFRICA             216

11.5.1    IMPACT OF RECESSION ON MIDDLE EAST & AFRICA     216

FIGURE 41         SAUDI ARABIA TO LEAD REACTIVE HOT MELT ADHESIVES MARKET IN MIDDLE EAST & AFRICA DURING FORECAST PERIOD          217

TABLE 244         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (USD MILLION)      217

TABLE 245         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)      218

TABLE 246         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (KILOTON)             218

TABLE 247         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)             219

TABLE 248         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE, 2018–2022 (USD MILLION)      219

TABLE 249         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)      219

TABLE 250         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE, 2018–2022 (KILOTON)             220

TABLE 251         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)             220

TABLE 252         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (USD MILLION)      220

TABLE 253         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (USD MILLION)      220

TABLE 254         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)             221

TABLE 255         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)             221

TABLE 256         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  221

TABLE 257         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  222

TABLE 258         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)         222

TABLE 259         MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)         223

11.5.2    GCC COUNTRIES           223

11.5.2.1 UAE      223

11.5.2.1.1            Growing building & construction, woodworking, and packaging sectors to drive market growth       223

TABLE 260         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            224

TABLE 261         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            224

TABLE 262         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)        224

TABLE 263         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)        224

TABLE 264         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        225

TABLE 265         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        225

TABLE 266         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)    225

TABLE 267         UAE: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)    226

11.5.2.2 Saudi Arabia        226

11.5.2.2.1            Increased local car sales to support market growth       226

TABLE 268         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            227

TABLE 269         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            227

TABLE 270         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     227

TABLE 271         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     227

TABLE 272         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        228

TABLE 273         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        228

TABLE 274         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  229

TABLE 275         SAUDI ARABIA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  229

11.5.2.3 Rest of GCC countries       229

TABLE 276         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (USD MILLION)      231

TABLE 277         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (USD MILLION)      231

TABLE 278         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)             231

TABLE 279         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)             232

TABLE 280         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  232

TABLE 281         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  232

TABLE 282         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)         233

TABLE 283         REST OF GCC COUNTRIES: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)         233

11.5.3    SOUTH AFRICA 233

11.5.3.1 Government initiatives and public infrastructure projects to boost market              233

TABLE 284         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)      234

TABLE 285         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)      234

TABLE 286         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON) 235

TABLE 287         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON) 235

TABLE 288         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)   235

TABLE 289         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)   236

TABLE 290         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)          236

TABLE 291         SOUTH AFRICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)          237

11.5.4    TURKEY             237

11.5.4.1 Strong construction sector to fuel demand     237

TABLE 292         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            238

TABLE 293         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            238

TABLE 294         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     238

TABLE 295         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     238

TABLE 296         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        239

TABLE 297         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        239

TABLE 298         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  240

TABLE 299         TURKEY: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  240

11.5.5    REST OF MIDDLE EAST & AFRICA           240

TABLE 300         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY SUBSTRATE, 2018–2022 (USD MILLION)          241

TABLE 301         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY SUBSTRATE, 2023–2028 (USD MILLION)          241

TABLE 302         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY SUBSTRATE, 2018–2022 (KILOTON)   242

TABLE 303         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY SUBSTRATE, 2023–2028 (KILOTON)   242

TABLE 304         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY APPLICATION, 2018–2022 (USD MILLION)      242

TABLE 305         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY APPLICATION, 2023–2028 (USD MILLION)      243

TABLE 306         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY APPLICATION, 2018–2022 (KILOTON)             243

TABLE 307         REST OF MIDDLE EAST & AFRICA: REACTIVE HOT MELT ADHESIVES MARKET,  BY APPLICATION, 2023–2028 (KILOTON)             244

11.6       SOUTH AMERICA           244

11.6.1    IMPACT OF RECESSION ON SOUTH AMERICA   244

FIGURE 42         BRAZIL TO DOMINATE REACTIVE HOT MELT ADHESIVES MARKET IN SOUTH AMERICA   245

TABLE 308         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (USD MILLION)         245

TABLE 309         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (USD MILLION)         245

TABLE 310         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2018–2022 (KILOTON)   246

TABLE 311         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY COUNTRY,  2023–2028 (KILOTON)   246

TABLE 312         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (USD MILLION)       246

TABLE 313         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (USD MILLION)       246

TABLE 314         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2018–2022 (KILOTON) 247

TABLE 315         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY RESIN TYPE,  2023–2028 (KILOTON) 247

TABLE 316         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)      247

TABLE 317         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)      247

TABLE 318         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON) 248

TABLE 319         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON) 248

TABLE 320         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)   248

TABLE 321         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)   249

TABLE 322         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)          249

TABLE 323         SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)          250

11.6.2    BRAZIL 250

11.6.2.1 Government investment and support for automotive sector to drive market              250

TABLE 324         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            251

TABLE 325         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            251

TABLE 326         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     251

TABLE 327         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     251

TABLE 328         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        252

TABLE 329         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        252

TABLE 330         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  252

TABLE 331         BRAZIL: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  253

11.6.3    ARGENTINA      253

11.6.3.1 Construction industry to support market growth          253

TABLE 332         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (USD MILLION)            254

TABLE 333         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (USD MILLION)            254

TABLE 334         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2018–2022 (KILOTON)     254

TABLE 335         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE,  2023–2028 (KILOTON)     254

TABLE 336         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (USD MILLION)        255

TABLE 337         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (USD MILLION)        255

TABLE 338         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2018–2022 (KILOTON)  256

TABLE 339         ARGENTINA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION,  2023–2028 (KILOTON)  256

11.6.4    REST OF SOUTH AMERICA         256

TABLE 340         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (USD MILLION)      257

TABLE 341         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (USD MILLION)      257

TABLE 342         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2018–2022 (KILOTON)             258

TABLE 343         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY SUBSTRATE, 2023–2028 (KILOTON)             258

TABLE 344         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (USD MILLION)  258

TABLE 345         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  259

TABLE 346         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2018–2022 (KILOTON)         259

TABLE 347         REST OF SOUTH AMERICA: REACTIVE HOT MELT ADHESIVES MARKET, BY APPLICATION, 2023–2028 (KILOTON)         260

12          COMPETITIVE LANDSCAPE       261

12.1       KEY PLAYERS STRATEGIES        261

12.1.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS (2018–2023)       261

12.2       MARKET SHARE ANALYSIS         263

FIGURE 43         MARKET SHARE ANALYSIS, 2022             263

TABLE 348         REACTIVE HOT MELT ADHESIVES MARKET: DEGREE OF COMPETITION 263

12.2.1    HENKEL KG & CO. KGAA            264

12.2.2    DOW CHEMICAL COMPANY      264

12.2.3    3M         264

12.2.4    H.B. FULLER COMPANY 264

12.2.5    JOWAT SE          264

12.3       REVENUE ANALYSIS      265

FIGURE 44         REVENUE ANALYSIS OF TOP 5 PLAYERS (2018–2022)      265

12.4       MARKET RANKING ANALYSIS   265

FIGURE 45         MARKET RANKING ANALYSIS, 2022        265

12.5       COMPANY EVALUATION MATRIX, 2022 266

12.5.1    STARS  266

12.5.2    EMERGING LEADERS    266

12.5.3    PERVASIVE PLAYERS     266

12.5.4    PARTICIPANTS 266

FIGURE 46         GLOBAL REACTIVE HOT MELT ADHESIVES MARKET COMPANY EVALUATION MATRIX, 2022 267

12.5.5    COMPANY FOOTPRINT 268

FIGURE 47         PRODUCT FOOTPRINT (25 COMPANIES)           268

TABLE 349         APPLICATION FOOTPRINT (25 COMPANIES)     269

TABLE 350         REGION FOOTPRINT (25 COMPANIES) 270

TABLE 351         COMPANY FOOTPRINT (25 COMPANIES)           271

12.6       STARTUP/SME EVALUATION MATRIX, 2022       272

12.6.1    PROGRESSIVE COMPANIES       272

12.6.2    RESPONSIVE COMPANIES          272

12.6.3    DYNAMIC COMPANIES 272

12.6.4    STARTING BLOCKS       272

FIGURE 48         GLOBAL REACTIVE HOT MELT ADHESIVES MARKET STARTUP/SME EVALUATION MATRIX, 2022       273

12.6.5    COMPETITIVE BENCHMARKING            273

TABLE 352         REACTIVE HOT MELT ADHESIVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES           273

TABLE 353         REACTIVE HOT MELT ADHESIVES MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]  274

12.7       COMPETITIVE SCENARIO AND TRENDS             275

12.7.1    REACTIVE HOT MELT ADHESIVES MARKET: PRODUCT LAUNCHES, 2018–2023          275

TABLE 354         REACTIVE HOT MELT ADHESIVES MARKET: PRODUCT LAUNCHES, 2018–2023   275

12.7.2    REACTIVE HOT MELT ADHESIVES MARKET: DEALS, 2018–2023  276

TABLE 355         REACTIVE HOT MELT ADHESIVES MARKET: DEALS, 2018–2023              276

12.7.3    REACTIVE HOT MELT ADHESIVES MARKET: OTHERS, 2018–2023              278

TABLE 356         REACTIVE HOT MELT ADHESIVES MARKET: OTHERS, 2018–2023      278

13          COMPANY PROFILES    281

13.1       KEY PLAYERS   281

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses & Competitive threats)*

13.1.1    HENKEL AG & CO. KGAA            281

TABLE 357         HENKEL AG & CO. KGAA: COMPANY OVERVIEW             281

FIGURE 49         HENKEL AG & CO. KGAA: COMPANY SNAPSHOT             282

TABLE 358         HENKEL AG & CO. KGAA: PRODUCT LAUNCHES             282

TABLE 359         HENKEL AG & CO. KGAA: OTHER DEVELOPMENTS        283

13.1.2    H.B. FULLER COMPANY 285

TABLE 360         H.B. FULLER CO.: COMPANY OVERVIEW             285

FIGURE 50         H.B. FULLER COMPANY: COMPANY SNAPSHOT 285

TABLE 361         H.B. FULLER COMPANY: PRODUCT LAUNCHES 287

TABLE 362         H.B. FULLER COMPANY: DEALS 287

TABLE 363         H.B. FULLER COMPANY: OTHER DEVELOPMENTS         287

13.1.3    3M         289

TABLE 364         3M: COMPANY OVERVIEW         289

FIGURE 51         3M: COMPANY SNAPSHOT         290

TABLE 365         3M: DEALS        294

13.1.4    JOWAT SE          295

TABLE 366         JOWAT SE: COMPANY OVERVIEW          295

TABLE 367         JOWAT SE: PRODUCT LAUNCHES          297

TABLE 368         JOWAT SE: DEALS          297

TABLE 369         JOWAT SE: OTHER DEVELOPMENTS     298

13.1.5    ARKEMA            299

TABLE 370         ARKEMA: COMPANY OVERVIEW             299

FIGURE 52         ARKEMA: COMPANY SNAPSHOT            300

TABLE 371         ARKEMA: PRODUCT LAUNCHES             300

TABLE 372         ARKEMA: DEALS            301

TABLE 373         ARKEMA: OTHER DEVELOPMENTS        301

13.1.6    THE DOW CHEMICAL COMPANY           303

TABLE 374         THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW              303

FIGURE 53         THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT              303

TABLE 375         THE DOW CHEMICAL COMPANY: OTHER DEVELOPMENTS              304

13.1.7    SIKA AG             305

TABLE 376         SIKA AG: COMPANY OVERVIEW 305

FIGURE 54         SIKA AG: COMPANY SNAPSHOT 305

TABLE 377         SIKA AG: DEALS             307

TABLE 378         SIKA AG: OTHER DEVELOPMENTS         307

13.1.8    DIC CORPORATION      308

TABLE 379         DIC CORPORATION: COMPANY OVERVIEW       308

FIGURE 55         DIC CORPORATION: COMPANY SNAPSHOT       308

13.1.9    NANPAO RESINS CHEMICAL GROUP     310

TABLE 380         NANPAO RESINS CHEMICAL GROUP: COMPANY OVERVIEW              310

FIGURE 56         NANPAO RESINS CHEMICAL GROUP: COMPANY SNAPSHOT              310

13.1.10  DAUBERT CHEMICAL COMPANY           312

TABLE 381         DAUBERT CHEMICAL COMPANY: COMPANY OVERVIEW              312

13.2       OTHER PLAYERS           314

13.2.1    KLEIBERIT SE & CO. KG 314

TABLE 382         KLEIBERIT SE & CO. KG: COMPANY OVERVIEW 314

13.2.2    TEX YEAR INDUSTRIES INC.       319

TABLE 383         TEX YEAR INDUSTRIES INC.: COMPANY OVERVIEW       319

13.2.3    CHEMENCE      322

TABLE 384         CHEMENCE: COMPANY OVERVIEW       322

13.2.4    CATTIE ADHESIVES      323

TABLE 385         CATTIE ADHESIVES: COMPANY OVERVIEW       323

13.2.5    FRANKLIN INTERNATIONAL     324

TABLE 386         FRANKLIN INTERNATIONAL: COMPANY OVERVIEW      324

13.2.6    THE REYNOLDS COMPANY       325

TABLE 387         THE REYNOLDS COMPANY: COMPANY OVERVIEW        325

13.2.7    ADHESIVES DIRECT UK LIMITED           326

TABLE 388         ADHESIVES DIRECT UK LIMITED: COMPANY OVERVIEW              326

13.2.8    BUHNEN GMBH & CO. KG          327

TABLE 389         BUHNEN GMBH & CO. KG: COMPANY OVERVIEW           327

13.2.9    CHERNG TAY TECHNOLOGY CO., LTD. 328

TABLE 390         CHERNG TAY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW              328

13.2.10  WORTHEN INDUSTRIES             329

TABLE 391         WORTHEN INDUSTRIES: COMPANY OVERVIEW 329

13.2.11  COATING P. MATERIALS CO., LTD.        330

TABLE 392         COATING P. MATERIALS CO., LTD.: COMPANY OVERVIEW              330

13.2.12  TIANYANG NEW MATERIALS (SHANGHAI) TECHNOLOGY CO., LTD.              332

TABLE 393         TIANYANG NEW MATERIALS (SHANGHAI) TECHNOLOGY CO., LTD.: COMPANY OVERVIEW      332

13.2.13  TAIWAN PU CORPORATION      333

TABLE 394         TAIWAN PU CORPORATION: COMPANY OVERVIEW       333

13.2.14  ADVATAC LTD 334

TABLE 395         ADVATAC LTD: COMPANY OVERVIEW  334

13.2.15  WENZHOU HUATE HOT MELT ADHESIVE CO., LTD.      335

TABLE 396         WENZHOU HUATE HOT MELT ADHESIVE CO., LTD.: COMPANY OVERVIEW        335

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses & Competitive threats might not be captured in case of unlisted companies

14          ADJACENT/RELATED MARKETS             336

14.1       INTRODUCTION            336

14.2       LIMITATIONS   336

14.3       HOT MELT ADHESIVES MARKET            336

14.3.1    MARKET DEFINITION   336

14.4       MARKET OVERVIEW     337

14.5       HOT MELT ADHESIVES MARKET, BY RESIN TYPE            337

TABLE 397         HMA MARKET, BY RESIN TYPE, 2017–2020 (USD MILLION)              337

TABLE 398         HMA MARKET, BY RESIN TYPE, 2021–2027 (USD MILLION)              338

TABLE 399         HMA MARKET, BY RESIN TYPE, 2017–2020 (KILOTON)    338

TABLE 400         HMA MARKET, BY RESIN TYPE, 2021–2027 (KILOTON)    339

14.5.1    ETHYLENE-VINYL ACETATE (EVA)        339

14.5.2    STYRENIC BLOCK COPOLYMER (SBC)   339

14.5.3    METALLOCENE POLYOLEFIN (MPO)     340

14.5.4    AMORPHOUS POLYALPHAOLEFIN (APAO)        340

14.5.5    POLYOLEFINS  340

14.5.6    POLYAMIDES   340

14.5.7    POLYURETHANE (PUR) 340

14.5.8    OTHERS             341

14.6       HOT MELT ADHESIVES MARKET, BY APPLICATION       341

TABLE 401         HMA MARKET, BY APPLICATION, 2017–2020 (USD MILLION)              341

TABLE 402         HMA MARKET, BY APPLICATION, 2021–2027 (USD MILLION)              341

TABLE 403         HMA MARKET, BY APPLICATION, 2017–2020 (KILOTON) 342

TABLE 404         HMA MARKET, BY APPLICATION, 2021–2027 (KILOTON) 342

14.6.1    PACKAGING SOLUTIONS           342

14.6.2    NONWOVEN HYGIENE PRODUCTS        343

14.6.3    FURNITURE & WOODWORK      343

14.6.3.1 Woodworking      343

14.6.3.2 Structural and non-structural wood products 343

14.6.4    BOOKBINDING 343

14.6.4.1 Spine binding       343

14.6.4.2 Cover page and edge bonding          343

14.6.5    OTHERS             344

14.7       HOT MELT ADHESIVES MARKET, BY REGION    344

TABLE 405         HMA MARKET, BY REGION, 2017–2020 (USD MILLION)   344

TABLE 406         HMA MARKET, BY REGION, 2021–2027 (USD MILLION)   344

TABLE 407         HMA MARKET, BY REGION, 2017–2020 (KILOTON)          344

TABLE 408         HMA MARKET, BY REGION, 2021–2027 (KILOTON)          345

14.7.1    ASIA PACIFIC    345

14.7.2    NORTH AMERICA          345

14.7.3    EUROPE             346

14.7.4    SOUTH AMERICA           346

14.7.5    MIDDLE EAST & AFRICA             346

15          APPENDIX         347

15.1       DISCUSSION GUIDE      347

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             350

15.3       CUSTOMIZATION OPTIONS      352

15.4       RELATED REPORTS       352

15.5       AUTHOR DETAILS         353