Written by Jatin Imarc » Updated on: November 19th, 2024
IMARC Group, a leading market research company, has recently released a report titled “Japan Hot Melt Adhesive Market Report by Resin Type (Ethylene Vinyl Acetate (EVA), Styrenic Block Copolymers (SBC), Mettalocene Polyolefin (MPO), Amorphous Polyalphaolefins (APAO), Polyolefins, Polyamides, Polyurethane (PU), and Others), Product Form (Pellets, Blocks, Glue Sticks, and Others), Application (Packaging, Automotive, Printing and Publishing, Furnitures and Woodwork, Textiles, Electronics, Construction, and Others), and Region 2024-2032.” The study provides a detailed analysis of the industry, including the Japan hot melt adhesive market forecast, size, growth, trends, and share report. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Japan Hot Melt Adhesive Market?
The Japan hot melt adhesive market size is projected to exhibit a growth rate (CAGR) of 6.60% during 2024-2032.
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Japan Hot Melt Adhesive Market
The rising demand from various end-use industries like packaging, automotive, electronics, construction, etc., is one of the factors responsible for the growth of the Japan hot melt adhesive market. Additionally, there is a high utilization of hot melt adhesives as they offer strong bonding capabilities, which are essential for the growing e-commerce industry that requires durable and reliable packaging solutions and is fueling the market. The automotive industry also significantly contributes to the market, as these adhesives are essential in assembling components and ensuring vehicle stability and durability. Moreover, the electronics industry in Japan, known for its innovation and precision, relies heavily on hot melt adhesives for applications requiring high precision and minimal thermal distortion, such as circuit board assembly and component bonding, contributing to the expansion of the market.
Environmental and regulatory factors are influencing the Japan hot melt adhesive market. In addition to this, there is a growing trend towards using eco-friendly and sustainable adhesives, driven by stringent environmental regulations and increasing consumer awareness about the environmental impact of chemical products, which is acting as another growth-inducing factor. The market is positively influenced by developing hot melt adhesives with lower volatile organic compound (VOC) emissions and using renewable raw materials. Technological advances are also key to the market growth. Furthermore, innovations such as improved formulations for enhanced performance under extreme conditions, better heat resistance, and faster setting times are making hot melt adhesives more versatile and efficient, which is expected to drive the Japan hot melt adhesive market over the forecasted period.
Japan Hot Melt Adhesive Market Segmentation:
Breakup By Resin Type:
• Ethylene Vinyl Acetate (EVA)
• Styrenic Block Copolymers (SBC)
• Mettalocene Polyolefin (MPO)
• Amorphous Polyalphaolefins (APAO)
• Polyolefins
• Polyamides
• Polyurethane (PU)
• Others
Breakup By Product Form:
• Pellets
• Blocks
• Glue Sticks
• Others
Breakup By Application:
• Packaging
• Automotive
• Printing and Publishing
• Furnitures and Woodwork
• Textiles
• Electronics
• Construction
• Others
Breakup By Region:
• Kanto Region
• Kansai/Kinki Region
• Central/ Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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